Daily News

Source: Financialpost November 01, 2024

Posthaste: Brace yourself, Canada's deficit could swell bigger than we thought

Ottawa's fiscal headwinds are mounting, say economists We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Brace yourself, Canada's deficit could swell bigger than we th...

Source: Financialpost November 01, 2024

Blackstone closes in on $7 billion investment deal with Rogers

The transaction will help keep Rogers’ debt load under controlBlackstone Inc. is close to a $7 billion agreement to buy a minority stake in parts of Rogers Communications Inc.’s wireless infrastructure, according to a person familiar with the matter. We...

Source: Financialpost November 01, 2024

Canadian Natural Resources to boost TMX usage as profit falls

The oilsands major still beat analyst expectations Get the latest from Meghan Potkins straight to your inbox Sign Up Canadian Natural Resources Ltd. says it will boost its crude shipments on the expanded Trans Mountain Pipeline starting in December af...

Source: Financialpost November 01, 2024

Parents paying child support can get dependant tax credit denied

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 November 01, 2024

Ford to halt F-150 Lightning production at Michigan plant

While Lightning sales are up this year, they are far short of Ford’s ambitious expectationsFord Motor Co. plans to shut down the Michigan factory that produces its F-150 Lightning plug-in pickup truck, its signature electric vehicle, through the end of the y...

Economy Source: Financialpost November 01, 2024

Stalling economy set to miss Bank of Canada forecast

GDP on track for 1% growth in third quarterGrowth in the Canadian economy remained unchanged in August, putting gross domestic product on track to grow at an annualized rate of just one per cent in the third quarter, Statistics Canada said on Thursday, pavin...

Source: Financialpost October 31, 2024

Canadian dollar could fall below 70 cents if Trump wins

Karl Schamotta of Corpay talks about the impact on the loonie from the U.S. election and Bank of Canada interest rate cutsKarl Schamotta, chief market strategist at Corpay Inc., talks with Financial Post’s Larysa Harapyn about the impact on the Canadian doll...

Source: Financialpost October 31, 2024

Opinion: Instead of enriching OAS, consider folding it into CPP/QPP

We could keep and increase the GIS for poor seniors, but why have two programs for everyone else?By Pierre-Carl Michaud We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Opinion...

Source: Bankofcanada October 30, 2024

Opening Statement before the Senate Standing Committee on Banking, Commerce and the Economy

Good afternoon. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada’s Mon...

Source: Financialpost October 30, 2024

Opinion: Don't count capital gains tax revenues before they hatch

Tax changes alter behaviour, so revenue from them is hard to forecastBy Alex Laurin and Nick Dahir We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Opinion: Don't count capital...