By Ari Rabinovitch Global News Posted April 7, 2025 4:53 pm The trade war brought on by U.S. President Donald Trump’s tariffs has sent a ripple effect across the globe, leading to economic volatility and a lot of red on markets. Within the past several months, and...
By Uday Rana Global News Posted March 20 2025 The uncertainty Canada faced during U.S. President Donald Trump‘s first term “doesn’t come close” to the current uncertainty around his tariffs, Bank of Canada governor Tiff Macklem said Thursday. Speaking at an event in...
Ottawa, Ontario March 12, 2025 The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The Canadian economy entered 2025 in a solid position, with inflation close to the 2% target and robust...
By The Associated Press Posted March 4, 2025 NEW YORK (AP) — Stocks tumbled in morning trading on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains for the S&P 500 since Election Day....
By Global News Posted March 4, 2025 Prime Minister Justin Trudeau says sweeping tariffs by U.S. President Donald Trump are a “very dumb thing to do,” while warning Canadians of a “tough” road ahead. Trudeau made the comments after the first round of U.S. tariffs and...
Global News February 25, 2025 Canada’s tax season is now officially open – and there a few key changes that could affect Canadian pocketbooks. “Considering all of the financial stress the Canadians are feeling right now, this might be a good year to take a bit...
Bank of Canada/CBC News, January 30 2025 On Wednesday, January 30, 2025, the Bank of Canada made a significant move by cutting its interest rate by a quarter point to 3 percent. In response, major Canadian financial institutions swiftly followed suit and reduced their...
Global News, January 7 2025 The Ford government is set to offer rebates for home renovations and even new appliances as it ramps up efforts to improve energy efficiency in Ontario homes. On Tuesday, Energy and Electrification Minister Stephen Lecce unveiled a new...
Global News, Dec 23, 2024 The Bank of Canada delivered a second consecutive interest rate cut of half a percentage point on Wednesday, but signalled the pace of easing may slow as uncertainty builds in the Canadian economy. The central bank’s policy rate now stands at...
Ottawa, Ontario Bank of Canada December 11, 2024 The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%. The Bank is continuing its policy of balance sheet normalization. The global economy is...