S&P/TSX composite down amid tech sector losses, U.S. stock markets also lower

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Losses in the technology sector helped lead Canada's main stock index lower in late-morning trading, while U.S. stock markets also retreated to start the week.

The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts are interpreting it and what it could mean for consumers.The federal government's latest TFSA contribution limit increase took effect as of January 1, 2023.

News.ca looks at some of the skills that will be most in-demand in 2023.

 

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