Daily News

Source: Financialpost October 04, 2024

Fixed rates for some mortgages still falling even as bond yields creep higher

Robert McLister: There’s no imminent widescale threat of fixed rates reboundingAfter moving sideways for a few weeks, government bond yields — those things lenders benchmark fixed mortgage rates to — are creeping higher. There’s no imminent widescale threat...

Source: Financialpost October 04, 2024

Posthaste: Canadian dollar gaining ground on world stage in 'veritable landslide of loonies'

As U.S. dollar slides, loonie surges in global FX reserves We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canadian dollar gaining ground on world stage in 'veritabl...

Source: Bankofcanada October 03, 2024

Bank of Canada Board launches process to appoint additional external Deputy Governor

The Board of Directors of the Bank of Canada has initiated a recruitment process to fill a new external Deputy Governor position. The Board has formed a selection co...

Source: Financialpost October 03, 2024

Posthaste: These 3 charts bolster case for two 50-bps Bank of Canada rate cuts, says economist

Red signals are flashing on the state of economy We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: These 3 charts bolster case for two 50-bps Bank of Canada rate cuts,...

Source: Financialpost October 03, 2024

Mark Carney warns net zero will mean 'significant' stranded property assets

Real estate investors squeezed between falling valuations and pressure to upgrade energy efficiencyFormer central banker Mark Carney has warned there will be “significant stranded assets” in commercial real estate as governments push to reach net zero, highl...

Source: Financialpost October 02, 2024

Posthaste: Don't crack the champagne yet — 2% inflation ain't what it used to be

High prices continue to hit Canadians where it hurts the most We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Don't crack the champagne yet — 2% inflation ain't what...

Source: Financialpost October 02, 2024

Canada's big banks no longer running as a pack with more diverging performance expected, says Fitch

Each of the six lenders has pursued a 'completely different' approach to U.S. success Get the latest from Naimul Karim straight to your inbox Sign Up How Canada’s top banks perform in the United States will play a key role in how investors view them i...

Source: Financialpost October 02, 2024

Better tax treatment of capital gains will improve Canada's economy and productivity

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 BMO Global Asset Management BMO Global Asset Managem...

Source: Financialpost October 02, 2024

Opinion: The taxman is coming for our homes

Governments don't tax capital gains on people’s homes, but they tax almost everything else about homes and are looking for moreBy Lawrence Solomon We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other video...

Source: Financialpost October 02, 2024

Canada needs to prepare as the risk of bank runs rises, warns report

'Emerging clouds on the horizon' signal changes needed to existing checks and balances Get the latest from Naimul Karim straight to your inbox Sign Up Canada may not have had a big banking failure in many years, but “emerging clouds on the horizon” su...