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CANADA STOCKS-Energy boost lifts Toronto shares; tech stocks weigh
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CANADA STOCKS-Toronto market rises as energy shares reach 3-month high
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As Bank of Canada turns hawkish, here s how investors are adjusting their portfolios for higher rates
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As Bank of Canada turns hawkish, here s how investors are adjusting their portfolios for higher rates
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TORONTO Investors in Canada are shunning interest-rate sensitive stocks, seeking inflation protection and betting on a steeper yield curve as the Bank of Canada leads global central banks in shifting to a more hawkish stance.
Canada’s central bank on Wednesday signaled it could hike interest rates as soon as next year and cut the pace of bond purchases, becoming one of the first major central banks to reduce stimulus.
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