Daily News

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...

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...