Daily News

Source: Financialpost November 29, 2024

Opinion: Sorry, your life savings are in the mail

The postal strike is an eye-opener on how even in 2024 many large Canadian financial institutions still transfer money with chequesBy Mike Katchen We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos...

Source: Financialpost November 29, 2024

Canada Post temporarily laying off striking workers, union says

CUPW called the layoffs a 'scare tactic'Canada Post Corp. has laid off some of its striking postal workers as labour talks with the union stall. We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos f...

Source: Financialpost November 28, 2024

Ready for a GST holiday? The low-down on tax breaks, rebates and other government giveaways

Everything you need to know about federal and provincial measures to help Canadians with the cost of livingReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made throug...

Source: Financialpost November 28, 2024

Matthew Lau: Trudeau offers more ridiculous nonsense on the economy

The PM says worrying about the economy is for bankers. But the two million Canadians who used food banks last year have every reason to worryLast week the federal government announced a $4.7-billion tax expenditure, along with a two-month sales tax change th...

Source: Financialpost November 28, 2024

Goldman predicts ‘significant’ hit to U.S. from Trump’s Canada tariffs

The U.S. imports almost 4 million barrels of Canadian crude a dayU.S. consumers face “significant consequences” from President-elect Donald Trump’s proposed tariffs on Canada, according to Goldman Sachs Group Inc., with the bank casting doubt over its implem...

Source: Financialpost November 28, 2024

Anti-woke sentiment creeps into workplaces as views on DEI start to sour, research shows

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by Workday Workday Workers' opinions on such measure...

Source: Financialpost November 28, 2024

Canada Post strike talks suspended as parties 'remain too far apart'

Labour minister says Ottawa will not step in to end the disputeMediation between Canada Post and its postal workers has been temporarily suspended by the special federal mediator, as the parties “remain too far apart,” the federal labour minister said Wednes...

Source: Financialpost November 27, 2024

Bank of Canada deputy warns pushing inflation below 2% comes with big risks

Deflationary cycle can be extremely difficult to escape, says Rhys MendesThe Bank of Canada is warning against inflation falling below the central bank’s two per cent target, which could lead to a deflationary cycle and pose a big risk to the economy. We...

Source: Financialpost November 27, 2024

Opinion: Supply management’s days may be numbered. Good!

If only U.S. pressure will force us to ditch a system that lets industry set its own output levels and therefore prices, well, so be itJust when the Americans have elected an aggressive president and just before the Canada-U.S.-Mexico Agreement (the old NAFT...

Source: Financialpost November 27, 2024

Bank of Canada, Fed should focus on rising delinquencies, defaults, bankruptcies 'before it's too late'

Rosenberg Research: Central banks need to cut rates more with bankruptcy trends on the rise amid too-tight lending standardsDespite the cumulative 75-basis-point cut by the United States Federal Reserve since September and the 125-basis-point cut by the Bank...