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Posthaste: Canada's younger generations worry they can't afford to start a family, says BMO
A recent survey reveals that many young Canadians believe having children may compromise their economic stability and long-term financial well-being.
Read Full Article →Amazon movies boost to Cineplex blockbusters
Cineplex experienced a notable increase in monthly box office earnings, surpassing $50 million in a quarter, partly influenced by the addition of Amazon movies to its lineup.
Read Full Article →Posthaste: Canada's spending review will yield less than half the savings needed: C.D. Howe report
A recent analysis indicates that the planned reductions in Canadian expenditures are expected to generate significantly less than the amount required to stabilize the country's deb...
Read Full Article →Canadian auto parts makers say they've steered around the worst of tariff headwinds
Canadian automotive component manufacturers have benefited from the regional trade agreement, helping them mitigate substantial cost increases linked to American import tariffs and...
Read Full Article →Bank of Canada still unsure where interest rates should land
The ongoing discussions within the Bank of Canada indicate persistent uncertainty about the optimal interest rate level, as some officials believe maintaining current rates without...
Read Full Article →Hudson's Bay is now just a numbered company as it continues to sell its assets to repay creditors
Hudson's Bay has transitioned into a numbered corporation as it divests various holdings, including its intellectual property, in order to generate funds for settling outstanding d...
Read Full Article →Metro navigates tariff headwinds with supplier deals, posts 9% profit growth
Despite challenges from increased vendor costs influenced by tariffs, Metro’s strategic agreements with suppliers contributed to a 9% rise in its overall profitability this period.
Read Full Article →Posthaste: Casualties of the tariff war are showing up on both sides of the border, say economists
Economists indicate that the recent trade restrictions may lead to decreased economic growth and increased costs for businesses and consumers in multiple countries.
Read Full Article →Trump hiked Canada's tariff rate to 35%, but just who’s paying it remains a mystery
Despite an increased tariff rate of 35%, the financial impact on Canadian exporters is limited due to the broad application of trade exemptions under the CUSMA agreement.
Read Full Article →Retaliatory tariffs put Bick’s in a pickle despite its Canadian roots
Bick’s, whose products are packaged in the U.S. using imported glass jars, faces increased costs due to Canada imposing tariffs in response to trade measures affecting its exports.
Read Full Article →Canada could be trade winner as U.S. tariffs undershoot global competitors by wide margin, says repo...
According to Oxford's analysis, Canada's lower exposure to U.S. tariffs compared to other countries may enhance its trade competitiveness and potentially increase economic benefits...
Read Full Article →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...
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