CTV News | Business News - Financial News Updates

Most homeowners who sought deferrals for mortgages last year have seen their deferral periods end, but the Canada Mortgage and Housing Corp. says the risk of these borrowers falling into arrears could re-emerge.

Canada's main stock index is expected to extend its record-setting rally this year as a global economic recovery boosts the outlook for the index's heavily weighted financial and resource stocks, a Reuters poll found.

GameStop shares climbed rapidly and were halted twice for volatility ahead of the closing bell Wednesday. 1

Federal auditors say U.S. regulators didn't understand a flight-control system that played a role in two deadly crashes of a Boeing jet and must improve their process for certifying new planes.

Home prices are on the rise and this has caught the attention of the Bank of Canada governor Tiff Macklem, CTV News' Chief Financial Commentator Pattie Lovett-Reid explains in her column on CTVNews.ca. 1

Canada's main stock index had its best day in more than two weeks Wednesday as the energy sector rose and financials was propelled by better-than-expected results from Royal Bank and National Bank.

A new report from Uber Technologies Inc. says its Canadian drivers and couriers don't think they receive dependable earnings.

Women now hold more than a third of the seats on the boards of Britain's biggest companies, meeting a government target set five years ago.

The department responsible for holding the Canada Revenue Agency accountable for its services says it appears the agency did not initially provide "adequate" information to individuals whose accounts were recently locked due to an external threat. 1

ExxonMobil is selling most of its drilling and exploration assets off the coast of the U.K. in the North Sea for more than US$1 billion.

The governor of the Bank of Canada says governments could increase access to child care and reduce its cost to help the labour market rebound, and reduce the risk of long-term economic scarring.

Several Canadian banks have posted blockbuster profit growth this winter -- despite the ongoing COVID-19 pandemic -- but are facing questions about how long the streak will endure.

National Bank of Canada topped expectations as it reported its first-quarter profit rose more than 20 per cent compared with a year ago, boosted by growth across its business.