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Bank of Canada holds interest rates: Read the official statement
The Bank of Canada’s decision to maintain the policy rate at 2.75% reflects its ongoing approach to managing inflation and supporting economic stability amidst current market condi...
Read Full Article →Bank of Canada holds rate at 2.75%, but leaves door open for further rate relief
The central bank maintained the interest rate at 2.75%, signaling cautious optimism amid economic strength and inflation concerns, while remaining prepared to adjust policy if trad...
Read Full Article →Posthaste: Canadian businesses cautiously optimistic as they absorb tariff challenges
Approximately 70 percent of Canadian companies have fully borne additional import expenses, resulting in an average financial impact of about $9,000 per business, reflecting their...
Read Full Article →Canada's counter tariffs could cost Canadians $9 billion this year — or $550 per household, warns th...
A recent analysis highlights that the additional duties imposed by Canada may lead to increased expenses totaling billions, potentially impacting the average household budget by se...
Read Full Article →Bank of Canada expected to hold rates on Wednesday, amid sticky core inflation
The central bank’s decision to maintain interest rates reflects persistent inflation pressures, though experts anticipate potential monetary easing in the coming months to support...
Read Full Article →Posthaste: Fasten your seatbelts, we could be in for a wild ride in markets this week
Analysts caution that increased market volatility may impact investment returns and financial strategies as the month concludes, potentially leading to significant fluctuations in...
Read Full Article →Hurricane season is heating up and these Canadian oil stocks are poised to benefit
Rising hurricane activity is expected to impact energy markets, potentially increasing demand and revenues for certain Canadian oil companies positioned to capitalize on this seaso...
Read Full Article →Posthaste: If a 15% tariff is the 'new normal,' would that be a 'bitter pill' for Canada?
If a 15% tariff becomes standard, it could substantially impact Canada's trade costs and economic relations with the United States, requiring careful negotiation and adaptation by...
Read Full Article →Trump trumpeted 90 trade deals in 90 days. How about 5 in 105?
The number of trade agreements finalized by the U.S. during the specified period appears lower than initially claimed, prompting analysis of their economic impact and pending negot...
Read Full Article →Loblaw reports revenue surge as customer traffic and sales pick up
Loblaw experienced a notable increase in income, driven by higher shopper visits and improved sales, resulting in an adjusted profit growth of nearly nine percent.
Read Full Article →Posthaste: Why the Bank of Canada could still cut interest rates — eventually
Despite the current decision to maintain rates, economists anticipate future reductions by the Bank of Canada, which could impact borrowing costs and overall economic activity in t...
Read Full Article →Tesla's sales fall most in a decade in another rough quarter
Tesla experienced a notable decline in revenue this quarter, reflecting increased market challenges and shifting investor confidence amid growing competition and leadership controv...
Read Full Article →Newmont pauses Canada gold mine after three workers trapped
The temporary halt in operations at the Canadian gold mine may impact the company's revenue, as production is delayed while ensuring the safety of employees involved in the inciden...
Read Full Article →Scotiabank expects $61 million profit from KeyCorp holdings this quarter
Scotiabank anticipates earning approximately $61 million this quarter as a result of its recent acquisition of a nearly 15% ownership share in KeyCorp earlier this year.
Read Full Article →B.C. premier says more counter-tariffs won't change Trump's mind
The statement highlights ongoing disagreements among Canadian officials regarding effective strategies to address U.S. trade barriers, which could impact cross-border economic rela...
Read Full Article →Premiers call for improved relationship with China during trade war with the U.S.
The premiers emphasized the importance of strengthening economic ties with China amid ongoing trade tensions with the United States, highlighting potential impacts on regional mark...
Read Full Article →Trump announces tariff deals with Japan, Philippines after months of turmoil
The newly established tariff agreements, featuring a 15% rate on key imports like automobiles, are expected to influence trade balances and economic relations between the involved...
Read Full Article →Carney tempers trade expectations, says Canada won't sign a bad deal
Canada’s economic outlook may be impacted as the government remains cautious about trade negotiations, especially amid potential U.S. tariffs on certain exports scheduled for early...
Read Full Article →Posthaste: 'Buy Canadian' is going strong except in one very important marketplace
Consumer preference for Canadian products remains robust overall, though sales have noticeably declined in a key sector, impacting economic performance and trade dynamics within th...
Read Full Article →Opinion: Focus on tariffs is ignoring Canada's fastest-growing trade opportunity
The increasing exchange of digital services represents a major economic opportunity for Canada that could significantly enhance revenue and growth beyond traditional goods-based tr...
Read Full Article →Bank of Canada says inflation expectations easing as businesses hold off passing on tariff price hik...
Businesses are refraining from increasing prices despite higher tariffs, leading to reduced profit margins and indicating a slowdown in inflationary pressure within the economy.
Read Full Article →Posthaste: Cracks widen in Canadians' record-breaking wealth creation
The growing disparity in wealth accumulation among Canadians highlights economic challenges faced by lower-income individuals, particularly those impacted by trade tensions with th...
Read Full Article →‘I can feel their enthusiasm’: Billionaire Ruby Liu holds job fair to bolster bid to take over HBC l...
Billionaire Ruby Liu's recent event aimed to attract vendors and job seekers, potentially impacting the financial dynamics of HBC lease negotiations through increased community eng...
Read Full Article →When can Canadians expect interest rate relief? FP video
Canadians may experience changes in borrowing costs as financial authorities consider adjustments, which could influence loan repayments and overall economic activity in the near f...
Read Full Article →Alcoa CEO says Trump tariffs force a pause for Canada growth projects
The chief executive of Alcoa indicated that recent import duties have created financial challenges, potentially delaying expansion plans in Canada and prompting consideration of se...
Read Full Article →Donald Trump's tariffs are pulling in billions, but is it really a win?
The tariffs imposed under Donald Trump have generated substantial government revenue, expected to reach $300 billion, though experts remain uncertain about the overall economic ben...
Read Full Article →Posthaste: Did the Bank of Canada cut rates too much and too fast?
The rapid reduction in interest rates by the Bank of Canada may have prematurely influenced borrowing costs, potentially affecting inflation control and overall economic stability...
Read Full Article →BHP's potash project costs rise as iron ore output edges higher
The increased expenses for BHP's Jansen potash development, now exceeding US$5.7 billion, may impact the company's overall profitability despite a slight increase in iron ore produ...
Read Full Article →Will Donald Trump fire Jerome Powell? What you need to know about the White House showdown with the...
The potential dismissal of the Federal Reserve Chair by the White House could lead to increased market volatility and influence international financial stability.
Read Full Article →Will Canada's double whammy of tax cuts and defence spending hurt its AAA credit rating?
Canada's strong credit standing remains intact for the moment, although increased fiscal demands from recent tax reductions and higher defense expenditures could present future fin...
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