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It's finally coming to an end! Get all your election news as the campaign ends with a whimper, not a bang
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  Friday, 10 October, 2008
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Your one-sentence market update: afternoon
With an hour left in trading, the TSX is down more than 666 points and the dollar has lost nearly five cents today against its American counterpart . . . oh, and oil is selling for less than $80 a barrel — it's down, down and down!
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Loonie takes steepest one-day dive ever
The loonie posted its biggest one-day decline on record Friday, falling almost five cents against the American dollar amid tremendous financial upheaval around the world.
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Banks move to trim prime rate
Canada’s big banks are passing on more rate cuts to consumers after credit markets freed up Friday in the wake of federal government help for the mortgage industry.
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Editor's Blog   
Thoughts from our editors, including Editor-in-Chief Paul Berton and Managing Editor Joe Ruscitti, on the challenges of daily journalism    MORE >>

MONEY NEWS
  • Stock market mayhem deepens
  • Banks trim prime rate further after Ottawa offers $25B balance-sheet relief
  • Media company Viacom trims 2008 profit outlook
  • Media giant CBS slashes operating profit forecasts
    Canoe.ca


    U.S. court decision big win for consumers
    In a major victory for American consumers, the Washington state Supreme Court, following in the footsteps of Ontario consumer protection laws, has held AT&T cannot remove a consumer's right to file a class-action lawsuit.
    Full Column  More Columnists

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