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Loonie takes biggest dive against U.S. dollar in six years following Brexit vote
The Canadian dollar is down more than a cent and half against the U.S. greenback – its biggest dive against the U.S. dollar in six years – as markets around the world come to terms with the Brexit vote, which puts Britain on a path towards exiting the European Union.
Canada's largest pension funds eye post-Brexit bargains
Canada’s largest pension funds see opportunities to invest in UK real estate and infrastructure at discounted prices following Britain’s decision to leave the European Union, fund executives said on Friday.
Oil prices plunge 5% as Britain votes to leave European Union
Oil prices settled 5 per cent lower on Friday after Britain's vote to leave the European Union spurred massive risk aversion and a rally in safe havens like the U.S. dollar that threatened to cut short a three-month-long recovery in global oil markets.
Top Picks from Barry Schwartz: Saputo, Priceline Group, Oracle
Top Picks from Barry Schwartz, Chief Investment Officer and portfolio manager, Baskin Wealth Management.
The Week Ahead: European Union holds two-day summit to discuss Brexit
BNN sets up the week ahead to highlight what investors should be expecting.
Boris Johnson potential frontrunner to replace PM Cameron after Brexit outcome
It was David Cameron's biggest gamble and he was convinced he would win. Now, the British leader's closest rival - in the EU referendum, in the Conservative Party and in the country - is the frontrunner to take his job.
Canada will weather global market uncertainty in wake of Brexit storm, says Trudeau
Prime Minister Justin Trudeau says Canada is well positioned to weather global market uncertainty in the wake of the United Kingdom’s dramatic decision to leave the European Union.
Canadian businesses, economists weigh the impact of Brexit vote
Canadian businesses, investors and economists confronted the prospect Friday of one of Canada's biggest trading partners exiting the European Union and what it will mean for their operations and the economy at large.
Ontario allows grocers that sell beer to add craft cider to store shelves
The first 60 grocery stores in Ontario allowed to sell beer can now add ciders to their shelves.
In Scotland, Trump applauds Britons, says they took back their country
Republican presidential candidate Donald Trump waves as he arrives at his Turnberry golf course, in Turnberry, Scotland, Britain June 24, 2016.
British pound hits 30-year low, yen and franc surge as Brexit shakes markets
Sterling sank 10 per cent in value to its weakest since before the 1985 Plaza Accord on Friday after Britain voted to leave the European Union, triggering a global rush of capital into the traditional security of the yen and the Swiss franc.
How the Brexit vote could impact Canadian travellers
While stock markets are expected to react negatively to a “leave” vote, Britain’s exit from the European Union could also affect the plans of Canadian travellers who were hoping to visit the U.K. – or anywhere in Europe this summer.
How Brexit could add more fuel to Canada’s hottest housing markets
Canada’s economy is facing yet another potential setback as the spillover effects of Brexit threaten to weigh on growth here at home.
Ontario Premier Kathleen Wynne takes credit for CPP deal
Ontario Premier Kathleen Wynne says there wouldn't be a new national agreement to enhance the Canada Pension Plan if the province hadn't pushed the issue so hard.
'The ship has been righted': Suttles praised for Encana’s $10B makeover
Three years into his tenure as CEO of Encana, Doug Suttles is still cleaning up the mess he was handed in 2013. Encana sold some of its property Tuesday to Birchcliff Energy for $625 million, marking the ninth major asset sale spearheaded by Suttles since he took the top job.
‘I like crisis’: Where to invest after Brexit, according to this Bay St. veteran
As the world continues to react to the Britain’s decision to leave the European Union, Thomas Caldwell, founder and chairman of Caldwell Securities, says investors should take this opportunity to find value in battered sectors.
Sterling, stocks in free fall as UK votes for EU exit
Carnage came to world markets on Friday as early voting returns suggested Britain was on the brink of leaving the European Union, threatening the existence of the entire bloc and its single currency.




US$2 trillion wiped from global stocks as U.K. votes to leave EU
Global stock markets lost about $2 trillion in value on Friday after Britain voted to leave the European Union, while sterling suffered a record one-day plunge to a 31-year low and money poured into safe-haven gold and government bonds.
How Canada has a US$6B investment at risk in Brexit vote
The British pound plunged nearly 12 per cent against the U.S. dollar over a six-hour period starting at 5:50 p.m. ET on Thursday as it became clear U.K. residents were voting to leave the European Union.
British PM David Cameron resigns after Brexit vote: 'Our independence day'
Britain has voted to leave the European Union, forcing the resignation of Prime Minister David Cameron and dealing the biggest blow to the European project of greater unity since World War Two.

‘A lose-lose result’: Global leaders, businesses react to shock Brexit vote
BNN tracks reactions from across the globe after the U.K. voted to exit the European Union. Here's a list of statements from global banks, companies and leaders.




RBC CEO: US$50 oil won’t fuel Canadian energy investment
The recent rally in oil prices is not enough to help Canada’s battered energy sector recover, says Dave McKay, President and CEO of Royal Bank of Canada.
U.S.-style housing crash could cost Canada’s banks $11.7 billion: Moody’s
A U.S.-style housing meltdown for Canada’s real estate market could trigger losses approaching $18 billion, but the country’s biggest banks could absorb the blow, suggests a new report released Monday.

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