Daily News

Source: Financialpost September 08, 2024

Posthaste: Canadian dollar shines this summer as interest-rate differential war heats up

Currency had its third-best August in 31 years 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 shines this summer as interest-rate differential war h...

Source: Financialpost September 07, 2024

What you need to know about the new trust reporting rules

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 September 07, 2024

Layoffs are on the rise: What economists say about the latest jobs numbers

Data will give Bank of Canada plenty of ammunition to keep cutting interest ratesCanada’s unemployment rate rose 0.2 percentage points to 6.6 per cent in August as the economy was unable to generate enough jobs to keep up with the increase in the population,...

Source: Financialpost September 07, 2024

11 tips to save money when eating out

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 September 07, 2024

Molson Coors drops diversity, equity and inclusion policies

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 Brewer will no longer have specif...

Source: Financialpost September 06, 2024

‘A whole economy issue’: Labour productivity declines for second straight quarter

11 of the 16 main industries recorded declines, according to Statistics CanadaLabour productivity at Canadian businesses fell by 0.2 per cent during the second quarter of 2024, with 11 of the 16 main industries recording declines, Statistics Canada said on T...

Source: Financialpost September 06, 2024

Clash over natural gas comes to Ontario's electrical grid

Largest energy procurement in the province's history is on a collision course with federal policy Get the latest from Gabriel Friedman straight to your inbox Sign Up Ontario is preparing the largest energy procurement in its history, which will reshap...

Source: Financialpost September 06, 2024

Posthaste: CIBC says the 'when' for Canadian dividend stocks is now

Falling interest rates to bring flood of funds back to financials, REITs, utilities and telecoms We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: CIBC says the 'when'...

Source: Financialpost September 06, 2024

Borrowers could soon see lowest 5-year fixed rates in more than 2 years

Robert McLister: We’re probably not far from seeing 3.99% 5-year fixed rates — at least of the insured varietyCanada’s central bank just tossed borrowers another bone with a quarter-point rate cut. That has brought Canada’s benchmark prime rate down to 6.45...

Source: Financialpost September 05, 2024

String of rate cuts not enough to 'resuscitate' housing market, experts say

Effects not likely to be felt for some timeOn Wednesday, the Bank of Canada cut its benchmark interest rate by 25 basis points for the third consecutive time, bringing it down to 4.25 per cent. Economists are predicting further interest rate cuts by the cent...