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Browsing Category "economics"
Bank of Canada Chief Warns Tariff Uncertainty Could Stunt Economic Growth
By Promit Mukherjee BANFF, Alberta — Bank of Canada Governor Tiff Macklem stated on Thursday that he anticipated the economy would slow down significantly... Read More
Ross Stores Scrap Annual Forecasts Amid Tariff Pressures
– The discount retailer Ross Stores announced on Thursday that it had withdrawn its financial projections for fiscal year 2025. They also stated that... Read More
Bank of Canada Chief Expects Q2 GDP to Fall Sharply Behind Q1
– Bank of Canada Governor Tiff Macklem stated on Thursday that he anticipates the second-quarter growth to be significantly lower compared to the first... Read More
Eye-Catching Six-Month Mortgage Rate: Tempting With a Twist
There was minimal movement observed. mortgage rate Leaders this week saw minimal movement with just two of the lowest national advertised rates deciding not... Read More
U.S. Halts Penny Production, Saving $56 Million: A Move That Could Reshape Coinage in Canada
On Thursday, the U.S. Treasury Department revealed that it had placed an order for the final shipment of one-cent coins, following which they will... Read More
Facts Matter: Navigating 2025 Budgets—Tax Breaks, Deficits, and Manitoba’s Bracket Creep
Ontario presented its budget on May 15, making sure that every province and territory in Canada has outlined their financial strategies for the 2025-26... Read More
Homegrown Gains: Desjardins Urges Canada’s Pension Giants to Invest Locally for Bigger Returns
A minor adjustment in the allocation of Canada’s massive pension fund investments toward local assets has the potential to result in “significant benefits” for... Read More
High Earners Struggle to Save for Down Payments in Canada
Securing a six-figure yearly income doesn’t guarantee quick entry into homeownership, according to recent findings. report A national real estate company called Zoocasa has... Read More
NHS and School Strikes Loom as Pay Rises Fail to Match Inflation
The NHS and schools are set for another round of strike actions following warnings from unions. pay rises for staff were not high enough.... Read More
Will Dropping Pennies Affect You? What the U.S. Decision Means for Canadians
Editor’s Note: The article has been updated to incorporate statements from Senator Lee and Senator Merkley. (NEXSTAR) — Get ready to hold onto your... Read More