Daily News

Source: Financialpost December 12, 2024

Will latest Bank of Canada rate cut boost the housing market? Analysts weigh in

Move expected to provide significant relief to the real estate sector, easing borrowing costs and stimulating demandThe Bank of Canada announced today that it will lower its key overnight rate by 50 basis points to 3.25 per cent, marking its fifth consecutiv...

Source: Financialpost December 12, 2024

Are boomers getting a bad rap for hoarding wealth from millennials and gen Z?

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 MogoXMoka MogoXMoka Online outrage may miss some...

Source: Financialpost December 12, 2024

Those jumbo cuts are done and dusted: What economists are saying about the Bank of Canada and interest rates

Economic landscape is shifting as signs emerge that inflation could be on the rise againThe Bank of Canada cut its benchmark lending rate by 50 basis points on Wednesday to 3.25 per cent. We apologize, but this video has failed to load. Try refreshing you...

Source: Financialpost December 12, 2024

RBC leads big banks to cut prime rate to 5.45% following Bank of Canada

Canada's biggest banks are reducing their lending ratesCanada’s big banks cut their prime rates following the lead of the Bank of Canada Wednesday. We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other video...

Source: Financialpost December 11, 2024

Here's what's driving the Bank of Canada's next rate cut: CIBC

Deputy chief economist Benjamin Tal talks about the factors guiding central bank policymakersCIBC deputy chief economist Benjamin Tal talks with Financial Post’s Larysa Harapyn about the factors that will influence the Bank of Canada‘s next interest rate dec...

Source: Financialpost December 11, 2024

Diane Francis: If Trump walks all over Canada, it's because Trudeau made it weak

If U.S. president-elect Donald Trump’s joke about making Canada the 51st state touched a nerve, it's because Prime Minister Justin Trudeau has made it seem much more likelyA flurry of satirical articles and angry comebacks followed U.S. president-elect Donal...

Source: Financialpost December 11, 2024

Five options for how the proposed capital gains inclusion rate increase could play out

Kim Moody: The first option is that Ottawa will see the light and abandon it, but that won't happenReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links...

Source: Financialpost December 11, 2024

Canada Post strike hits day 26 as union sends new proposals

Crown corporation said the proposals don't bring the two sides any closer togetherWith the Canada Post strike nearing four weeks, the postal service says it doesn’t see an end in sight. We apologize, but this video has failed to load. Try refreshing your...

Source: Financialpost December 10, 2024

Howard Levitt: Five common employment myths that the courts have debunked

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 The rule is, 'Know your statutes'...

Source: Financialpost December 10, 2024

Economists say Trudeau's government will break fiscal target

13 of 15 economists say Freeland will not meet the fiscal pledges she outlined last yearMost economists say they expect Prime Minister Justin Trudeau’s government will break its self-imposed fiscal constraints as deficits in Canada continue to deepen. We...