Canadian business jets boosted total exports in December, says StatCan - Global News

Roaring exports lifted China’s economic growth in the third quarter of this year, with factory output growing much faster than consumer spending. China’s GDP grew by 4.5% year-on-year between July and September, the National Bureau of Statistics of China reported on Monday. The figures were better than economists had expected and up from the second quarter’s growth rate of 4.3%. China’s economy has now grown by 4.6% in the first nine months of the year, putting it on track to hit the government’s 2026 target of 4.5%-5% growth without extra stimulus measures. Industrial production rose 5.5% in September, up from 5.2% in August, while retail sales only increased 1.1%, up from 0.4%. Duncan Wrigley, the chief China economist at Pantheon Macroeconomics, said Beijing’s policymakers were likely to conclude that their efforts to stabilise headline growth in the third quarter were successful. “Headline industrial production rose in September partly as coalmines resumed operations after safety inspections prompted by a major accident.

Inside the Market’s roundup of some of today’s key analyst actionsNational Bank Financial analyst Gabriel Dechaine is preparing for “mixed” third-quarter results from Canada’s life insurance providers, expecting “a modest growth deceleration” to be evident” due to flatter equity markets and rising bond yields. Modelling 5-per-cent year-over-year growth, down from 8 per cent during the first half of 2026, he expects the recent turbulence in the bond markets to be a focus of discussion on earnings calls. “As discussed in [a] September 20th report, the short-term implications of higher rates can be more negative, while the longer-term ones are more positive,” he said. “Our two top picks in the sector are MFC and SLF. However, we do not expect Q3/26 results to be a positive catalyst for either stock. MFC’s earnings continue to be clouded by higher claims costs in its Canadian Group business, along with volatile mortality experience in its legacy U. S. Individual Insurance business. Longer term, we like the stock’s positive leverage to rising rates, re-rating upside potential from de-risking and growth potential of its Asia segment. SLF faces a challenging quarter for its U. S.

TorontoIf you've been looking to buy a home in Ontario, you may have seen a few listings where the furniture doesn't look quite right. That's because many of them are being staged virtually, using AI. Experts say there are benefits and drawbacks of the tool. In Ontario, virtual staging is governed under existing regulations around advertisingTalia Ricci · CBC News · Posted: Oct 19, 2026 5:00 AM EDT | Last Updated: 8 minutes agoListen to this articleEstimated 4 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. That perfect Ontario real estate listing might be staged by AI. Here's what to watch for3 hours ago|Duration 3:08If you've been looking to buy a home in Ontario, you may have seen a few listings where the furniture doesn't look quite right. That's because many of them are being staged virtually, using AI. Experts say there are benefits and drawbacks. CBC's Talia Ricci breaks down what you need to know.

EquitiesGlobal markets were mixed as unease over AI’s enormous funding needs weighed confidence ahead of a week packed with earnings. Wall Street futures diverged with the Dow in the red after major U. S. markets closed sharply lower on Friday. TSX futures pointed lower as investors eyed September inflation numbers, which came in at an annual 3.1 per cent, slightly lower than expected. On Wall Street, markets are watching earnings from Cleveland-Cliffs Inc., Fifth Third Bancorp, Steel Dynamics, Inc. and W. R. Berkley Corp. “Investors have long worried that AI revenues won’t be sufficient to recoup the massive ⁠upfront investment, while AI infrastructure may need to be written down as it ages and depreciates in the meantime, which lowers book value massively,” said My Bui, an ​economist at fund manager AMP. “Rising government bond yields and wider corporate credit spreads are increasing financing costs, making it harder to borrow, refinance, and keep the AI infrastructure build-out going.”Overseas, the pan-European STOXX 600 was down 1.1 per cent in morning trading. Britain’s FTSE 100 fell 1.29 per cent, Germany’s DAX declined 1.36 per cent and France’s CAC 40 dropped 1.58 per cent.