.jpg)
1 hour ago
3
Article content
It’s Wednesday, April 29. Here are the top stories we’re following today.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
Article content
Article content
The Bank of Canada held its policy interest rate at 2.25 per cent on Wednesday for the fourth consecutive time, a move widely expected by economists amid soaring energy prices brought on by the conflict in the Middle East.
Article content
Article content
Article content
Article content
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
Article content
The Bank of Canada held its benchmark lending rate at 2.25 per cent for the fourth consecutive time, with many economists saying the price of oil will dictate the future trajectory of rates based on “hawkish” warnings from Tiff Macklem, the central bank’s governor.
Article content
Article content
Article content
Article content
Article content
Article content
General Motors Co. says it is investing $691 million to upgrade its propulsion plant in St. Catharines, Ont., where it makes V-8 engines for SUVs and pick-up trucks.
Article content
Article content
Article content
Article content
Article content
Article content
The emergence of Anthropic PBC’s Mythos is a signal point for the financial system to “put on our thinking caps and our glasses” to understand what risks artificial intelligence poses, says the country’s top banking regulator.
Article content
Article content
Article content
Article content
Article content
Diversification, properly understood, is not about the number of holdings on a statement; it is about owning assets that react differently to the same economic event. A portfolio is diversified when a shock that hurts one position is cushioned, or offset, by another that behaves, at least in part, independently. By that measure, many investors who believe they are well diversified are carrying far more concentrated risk than they realize.
Article content
Article content
English (US)