“Our research suggests the impact on Canada could be swift and severe, potentially risking a recession in the worst-case scenario,” it said, adding that the downside risks are compounded by the Canadi ...
(Bloomberg) -- Households’ inflation expectations declined slightly, the outlook for personal income held steady and workers are feeling more confident about the job market, according to a Federal Res ...
Lockout at Port of Montreal could be ’catastrophic’ for economy, port authority says
November 11, 2024 - DA Marketing
The Port of Montreal moves $400 million worth of goods every day and is Canada's second busiest port after Vancouver ... Each container that is not moved here in Montreal is a missing piece in the Can ...
RCMP report reveals new details on GTA man and his ‘camel-toe’ fake toonies
November 11, 2024 - DA Marketing
An RCMP report says Durham Regional Police Service reported fakes circulating in Toronto in early 2020. It took 15 months for the Royal Canadian Mint to ask RCMP to investigate.
Twin port shutdowns risk more damage to Canadian economy: business groups
November 11, 2024 - DA Marketing
Business groups are raising concerns about the broad effects of another round of labour disruptions in the transport sector as Canada faces shutdowns at its two biggest ports.
Now that Trump is going to be president again, what will this mean for music?
November 10, 2024 - DA Marketing
Music has traditionally reflected what's going on in society, specifically with youth. What does a second Trump administration mean for the future of music?
Charting the Global Economy: Trump Win Reverberates Around the World
November 9, 2024 - DA Marketing
Donald Trump’s decisive win of the US presidential election has world leaders already preparing for how his next administration will shape the global economy.
Federal Reserve Bank of Minneapolis President Neel Kashkari said a strong economy and higher productivity growth may drive the US central bank to cut interest rates less than previously expected.
The president-elect has pitched economic policies that, if imposed, could spell disaster for Canada, including a 10% to 20% tariff on Canadian goods and services. According to a recent TD report, a 10 ...
With surveys saying most Metro Vancouver restaurant owners are losing money or barely breaking even, hopes are high that recent Bank of Canada interest rate cuts will stimulate consumer spending.
Experts say Donald Trump’s election victory could shift interest rate policy in the U.S. as his promised policies risk higher inflation, which could ultimately have implications for Canadian rates and ...
Bank of Canada official warns about dangers of ‘tinkering’ with mortgage rules
November 6, 2024 - DA Marketing
The Bank of Canada's Carolyn Rogers says improving housing affordability ultimately requires reaching a balance between supply and demand, which she says will take time.
BoC considered lowering rate by quarter point, but felt economy warranted a jumbo cut
November 5, 2024 - DA Marketing
It also reiterates that the Bank of Canada plans to take interest rate decisions one at a time based on how the economy and inflation evolve. The central bank’s next interest rate announcement is sche ...
Business groups say B.C. port stoppage will hurt companies, Canadian economy
November 5, 2024 - DA Marketing
Business groups say the work stoppage at B.C. ports is the latest in a run of supply chain disruptions affecting Canadian companies and the country's economy.
Forbes Advisor ranks the best business bank accounts in Canada to determine which best serves businesses, large or small.
Marc Ercolao, an economist with TD Economics, projected the impact of Trump’s proposed tariff policy on the Canadian economy in a report last month. Assuming broad retaliatory efforts by Canada, he no ...
Bank of Canada Opens Registration Period for Payment Service Providers
November 1, 2024 - DA Marketing
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 Act (RPAA).
B.C. business leaders urge parties to prioritize economy in open letter
October 31, 2024 - DA Marketing
Other signatories to the letter include the Mining Association of B.C., the B.C. chapter of the Canadian Federation of Independent Business, the Business Council of B.C., the Independent Contractors a ...
In fact, movements south of the border — a solid United States economy and the looming presidential election — could have more of an impact on the rates Canadian homeowners and would-be buyers can sec ...
Canadians are mired in a “psychological recession” even if the technical definition of a recession has not been met since the first half of 2020, says Craig Worden, president and chief innovation offi ...