The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday but signalled a slower pace of rate cuts moving […]
Tag: News/Business
Bank of Canada cuts key interest rate to 3.25% with slower pace of cuts going forward
The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday but signalled a slower pace of rate cuts moving […]
Bank of Canada makes another hefty rate cut with slower pace of cuts going forward
The Bank of Canada lowered its interest rate by 50-basis points to 3.25 per cent on Wednesday, but signalled a slower pace of rate cuts […]
Proposed class-action lawsuit accuses companies of price-fixing rents in Canada
A proposed class-action lawsuit alleges more than a dozen landlords and property managers have conspired to artificially inflate rents across Canada. The suit claims landlords […]
Food prices could jump by up to 5% in 2025, and researchers say loonie is partly to blame
An annual report on food prices in Canada is predicting more pressure on grocery costs in the coming year — but it also notes that […]
Canada Post presents union with ‘framework’ to reach deal, end strike
Canada Post has presented the union representing some 55,000 striking postal workers with a framework to reach negotiated agreements, the corporation said. A statement issued […]
Black Friday sales are designed to give you FOMO. Don’t let them
Black Friday is here, and it’s hard to miss. Posters scream about big sales while emails flood inboxes — warning the savings are for one day only. […]
Will the Canadian dollar slip below 70 cents US?
The Canadian dollar has slipped to its lowest level in five years. Outside of the depths of the COVID pandemic, the loonie is weaker than it’s […]
Inflation ticked up to 2% in October after previous month’s steep drop in gas prices
Canada’s inflation rate ticked up to two per cent in October, Statistics Canada said on Tuesday. The consumer price index had previously hit 1.6 per cent in September, […]
Canada Post workers give 72-hour notice to strike
The union representing Canada Post workers said it will be in a legal strike position on Friday, exactly one year after talks on a new […]