As expected, the Bank of Canada (BoC) cut overnight interest rates by 25 basis points yesterday, lowering the banking system’s base rate to 2.75%, the lowest since September 2022.

Extremes have a way of cutting both ways; it’s called mean-reversion. Nothing moves in straight lines, but the spectacular ...

New Zealand is in a recession, and home values are more than 17 percent lower than the post-COVID peak. In Ireland, a massive house price surge and crash in the 2000s saw house prices in Dublin more ...

Andrew Chang explains how interdependent the Canadian and U.S. auto industries are, and the widespread impacts of severing a 70-year partnership.