Daily News

News Source: Financialpost November 05, 2024

Posthaste: Canada's 'uneven recovery' is leaving the middle class behind

'Under the surface there are clear signs that the average Canadian consumer is suffering' We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada's 'uneven recovery'...

Source: Financialpost November 04, 2024

The Canadian dollar is trading at lows not seen in years. Here’s what to know

Biggest driver of split between Canadian and U.S. dollar is diverging economic outlooksTORONTO — The Canadian dollar is trading against the U.S. dollar at levels not seen since 2020 as the combined pressures of economic outlooks, elections, and energy prices...

Source: Financialpost November 04, 2024

FP Answers: I'm turning 65 , so is taking CPP a good option if I plan to keep working?

Adding up the benefits makes arguing for early CPP tough unless you aren’t healthy or really need the moneyBy Julie Cazzin with Allan Norman We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from...

Source: Financialpost November 02, 2024

Jack Mintz: Canada isn’t broken but it is badly mismanaged

Immigration and budgeting are out of control while the energy transition is based on completely unrealistic targets and no workable planPierre Poilievre says Canada is broken. Polls say 70 per cent of Canadians agree. But what does that claim really mean?...

Source: Financialpost November 02, 2024

TD's growth is capped in the U.S., but expanding in Canada won't be easy, analysts say

Bank has grown at a similar pace to the industry in key product categories or lagged over the past five years Get the latest from Naimul Karim straight to your inbox Sign Up Toronto-Dominion Bank‘s ability to expand its retail banking business in the...

Source: Financialpost November 02, 2024

Brookfield moves HQ to New York in corporate restructuring aimed at boosting investor base

Inclusion in the 'prized' S&P 500, however, might elude the Canadian company, says analyst Get the latest from Barbara Shecter straight to your inbox Sign Up Toronto-based investment management company Brookfield Asset Management Ltd. has moved its he...

Source: Financialpost November 02, 2024

Posthaste: Why the Bank of Canada keeps missing on growth forecasts and what it means for interest rates

Pinning down the economy's third-quarter growth has been a real thorn in the central bank's side We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Why the Bank of Cana...

Source: Financialpost November 02, 2024

Condo owners' pain could be condo buyers' gain, as market meltdown continues

Robert McLister: Condo sellers in towns like Toronto are about to give buyers a windfall chance at low pricesBuy low, sell high, they say. Well, it looks like condo sellers in some towns (looking at you, Toronto) are about to give buyers a windfall chance at...

Source: Bankofcanada November 01, 2024

Bank of Canada Opens Registration Period for Payment Service Providers

The Bank of Canada said today it has opened the registration period for retail payment service providers (PSPs) that are subject to the Retail Payments Activities Ac...

Source: Financialpost November 01, 2024

Lower rates appear to be working their market magic, if slowly

Robert McLister: You’ll find lower rates if you're shopping for a short-term mortgage, but don't pop the champagne just yetYou’ll find lower rates this week if you’re shopping for a short-term mortgage, but don’t pop the champagne just yet. The leading natio...