Pete Evans

Senior Writer, CBCNews.ca

Pete Evans is the senior business writer for CBCNews.ca. Prior to coming to the CBC, his work has appeared in the Globe & Mail, the Financial Post, the Toronto Star, Canadian Business Magazine and — believe it or not — Circuits Assembly Magazine. Twitter: @p_evans Email: pete.evans@cbc.ca Secure PGP: https://secure.cbc.ca/public-key/Pete-Evans-pub.asc

Latest from Pete Evans

TSX and Dow Jones bounce back somewhat after massive Monday sell-off

A day after one of their worst days in history, North American stock markets bounced back up on Tuesday as bargain hunters did a little cautious buying on the Toronto Stock Exchange and the New York Stock Exchange.

TSX and Dow Jones lose another 10% as coronavirus sell-off continues

Stock markets in Toronto and New York plunged anew on Monday as investors continue to digest news of the coronavirus.

Bank of Canada makes emergency interest rate cut

The Bank of Canada has made an unexpected rate cut, cutting the central bank's benchmark interest rate by 50 basis points to 0.75 per cent.

TSX moves higher on Friday as stock market roller-coaster continues

The unprecedented volatility on the stock market continued on Friday as the benchmark index of the Toronto Stock Exchange moved into positive territory a day after its worst loss ever.

TSX falls by 12%, now back to where it was in 2016

The Toronto Stock Exchange had its biggest one-day decline ever on Thursday as the fear that has gripped stock markets in recent weeks shows no signs of abating.

TSX and Dow Jones down by 20% since sell-off began last week

Another down day on North American stock markets brought the rolling tally of losses to 20 per cent in the U.S. and Canada since the current panic set off by fears of the coronavirus started.

Stock markets close higher as investors shake off coronavirus fears — for now

A day after their worst declines in decades, stock markets and the price of oil see-sawed Tuesday as investors faced up to the potential effects of COVID-19 spreading and hurting economies around the world.

European banks offer relief to mortgage holders as coronavirus quarantines wallop incomes

Banks in Italy and the United Kingdom are offering a degree of leniency to borrowers struggling to make their mortgage payments, after mandatory quarantines have drastically reduced their ability to pay them.

Gas prices set to fall 7 cents a litre across Canada on Wednesday: analyst

The price of gasoline across the country is set to fall by roughly seven cents a litre on Wednesday, as the impact of the unprecedented plunge in oil prices filters down to the gas pump.

Oil plunge, coronavirus fears prompt panic selling on stock markets

The TSX had its worst day in decades on Monday as plunging oil prices caused investors already spooked by coronavirus to sell off just about everything.

Fears of coronavirus contamination prompt coffee chains to temporarily ban reusable mugs

Starbucks, The Second Cup and Tim Hortons are temporarily forbidding customers from bringing their own reusable mugs because of fears that they could help spread the coronavirus.
Analysis

How the coronavirus has thrown interest rate plans out the window

Central bankers are waking up to dramatically overhauled expectations about interest rates, as the coronavirus that started in China and is now creeping around the world rewrites their plans as quickly as the virus spreads.

Stock markets finish rough week with another dive into the red

The Toronto Stock Exchange lost 454 points on Friday after a technical glitch shut down trading early the day before — and investors picked up right where they left off by dumping shares in just about everything.

Stock markets finish rough week with another dive into the red

The Toronto Stock Exchange lost 454 points on Friday after a technical glitch shut down trading early the day before — and investors picked up right where they left off by dumping shares in just about everything.

TSX shut down for 'technical halt' as stock markets sell off

The company that owns and operates the Toronto Stock Exchange ordered a "technical halt" to all trading on Canada's largest stock exchange on Thursday, a day when stock markets around the world saw heavy losses.