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Open this photo in gallery:The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a range of 1.3702 to 1.3742.Mark Blinch/ReutersThe Canadian dollar CADUSD edged lower against its U.S. counterpart on Tuesday but was performing better than all the other Group of 10 currencies, as oil prices rose and investors awaited a Bank of Canada interest rate decision this week.The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a...

Open this photo in gallery:The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a range of 1.3702 to 1.3742.Mark Blinch/ReutersThe Canadian dollar CADUSD edged lower against its U.S. counterpart on Tuesday but was performing better than all the other Group of 10 currencies, as oil prices rose and investors awaited a Bank of Canada interest rate decision this week.The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a...

Open this photo in gallery:The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a range of 1.3702 to 1.3742.Mark Blinch/ReutersThe Canadian dollar edged lower against its U.S. counterpart on Tuesday but was performing better than all the other Group of 10 currencies, as oil prices rose and investors awaited a Bank of Canada interest rate decision this week.The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a range...

Open this photo in gallery:U.S. and Saudi flags flutter along a highway in Riyadh, Saudi Arabia, on May 12.Hamad I Mohammed/ReutersWhen U.S. President Donald Trump lands in Riyadh on Tuesday, he will be greeted with opulent ceremonies, gilded palaces and the prospect of $1-trillion in investments. But the raging war in Gaza has denied him one goal he has long craved: Saudi-Israel normalization.Behind the scenes, U.S. officials are quietly pressing Israel to agree to an immediate ceasefire in Gaza – one of Saudi Arabia’s preconditions for any restart of normalization...

Wealthy mainland Chinese are increasingly shifting their attention and capital away from the US to other real estate markets amid rising geopolitical tensions between Washington and Beijing, according to property agents.In 2024, Chinese buyers’ demand for homes that cost more than US$5 million moved to Thailand, Australia and Canada, respectively, according to data tracked by Juwai IQI.By comparison, the US in 2023 was the top choice among Chinese buyers, according to the property portal, which has a network of over 50,000 real estate professionals across more than 30 countries.“Geopolitical friction,...

The number of Canadian 'snowbirds' planning to sell their second homes in sunny Florida and Arizona has surged this spring, with many of them put off by the sudden chill that has blanketed relations between their homeland and the US.Real estate agents say they are seeing more Canadians cashing out, further lowering property prices in warm-weather states that have long attracted retirees and tourists from snowy Canada.Canadians spent close to $6 billion on US real estate from April 2023 to March 2024 - making up 13 percent of all foreign...

Two thirds of Canadians back Conservative Leader Pierre Poilievre getting a national security clearance, and nearly as many support Liberal Leader Mark Carney disclosing the scope and scale of his investments he recently put in a blind trust, according to a new national poll.The opinion survey on the personal choices of these two leaders, conducted last weekend for The Globe and Mail and CTV News by Nanos Research, found 66 per cent of respondents wanted or somewhat supported Mr. Poilievre joining the other federal party leaders in obtaining this status...

April 2nd, or what the White House is calling "Liberation Day," is inching closer, but investors aren't receiving any liberation from the volatility that's plagued the market for the last few months.Wednesday is shaping up to be the Super Bowl of trade policy as President Donald Trump's reciprocal tariffs are scheduled to take effect, and Wall Street experts are placing their bets on what will happen once they do.It's no easy task to predict Trump's unconventional foreign policy strategy. Just last week he hinted at softening his stance on reciprocal...

The shock waves that President Donald Trump has sent to American allies and trading partners have also raised questions about U.S. assets, including the dollar. While the greenback isn’t expected to lose its status as the world’s dominant currency anytime soon, fresh doubts are creeping in as the world weighs how reliable the U.S. will be in future. The world is having trust issues with America, and they could spill over to financial markets, including the almighty dollar. For now, the dollar remains the dominant currency in global reserves and...

TORONTO, March 25, 2025 /CNW/ - Mackenzie Investments ("Mackenzie") today announced the March 2025 monthly cash distributions for its Exchange Traded Funds ("ETFs") listed below that trade on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on April 1, 2025 will receive cash distributions payable on April 8, 2025. Mackenzie Investments Logo (CNW Group/Mackenzie Financial Corporation) Details of the per-unit distribution amounts are as follows: Mackenzie ETF TickerSymbol Distributionper Unit ($) CUSIP ISIN PaymentFrequency Exchange Mackenzie Core Plus Global Fixed Income ETF MGB $ 0.06986 55452P101 CA55452P1018 Monthly...