Category : Search result: RBC rate cut


2026 Tax Changes: Income Down, Payroll Up

A look at the major tax changes coming for Canadians in 2026, including income tax cuts and increases to CPP, EI, and carbon levies. Find out how your finances will be affected.

Regina Council Debates 15.69% Tax Hike for 2026 Budget

Regina city council begins a week-long review of the 2026 budget, facing a proposed 15.69% mill rate increase. Key decisions on police funding, utility rates, and potential service cuts are on the table.

Canada's inflation steady at 2.2% in November

Canada's annual inflation rate remained steady at 2.2% in November 2025, even as grocery prices climbed. Get the latest details on the Consumer Price Index and what it means for your wallet.

12 Dead in South African Bar Mass Shooting

A tragic mass shooting at an unlicensed bar near Pretoria has left 12 dead, including three children. Police are searching for three suspects as South Africa grapples with endemic gun violence. Read the full report.

Windsor-Essex Sets Record-High Employment Numbers

Windsor-Essex celebrates a historic employment high as the local job market rebounds strongly, fueled by investment stability. Discover the numbers and the driving forces behind this economic turnaround.

Manitoba Jobless Rate Falls Below Canadian Average

Manitoba's unemployment rate has dropped below the national figure, a positive economic sign for the province. Discover the latest Statistics Canada data and what it means for Winnipeg and the region.

Loonie Jumps Above 72 Cents on Strong Jobs Report

The Canadian dollar soared above 72 cents U.S. after a surprisingly strong November jobs report, reinforcing expectations the Bank of Canada will hold rates. Discover the market impact.

Strong Jobs Data Pushes Bank of Canada Rate Cuts to 2026

Canada's surprisingly strong November jobs report, with 54,000 new positions, has economists predicting the end of rate cuts and flirting with the possibility of a hike in 2026. Discover the market implications.

Leamington Proposes 2.5% Tax Increase for 2026

The Municipality of Leamington is considering a 2.5% property tax rate increase for its 2026 budget. Learn about the proposed changes and their potential impact on local residents.

McGill's $50M facility crisis preceded sports team cuts

A month before axing teams, McGill's athletics director warned the Board of Governors of deteriorating, unsafe facilities needing over $50M in repairs. Discover the details behind the controversial decision.

RBC Q4 profit rises, dividend increased

Royal Bank of Canada announced higher fourth-quarter profits compared to last year and raised its dividend. Get the key financial details and market implications.

Manitoba leads provinces in 2024 homicide rate

Statistics Canada data reveals Manitoba had the highest homicide rate among provinces in 2024. Explore the national crime trends and what this means for community safety.

Allied Properties REIT Cuts Distributions to 6 Cents

Allied Properties REIT announces a reduction in monthly distributions to unitholders to six cents per unit as part of its ongoing non-core asset sales strategy. Learn the details and implications.

Trump Picks Fed Chair, Hassett Likely Choice

President Donald Trump confirms he has chosen his nominee for Federal Reserve chair, with top adviser Kevin Hassett the frontrunner to replace Jerome Powell and pursue rate cuts. Details on the selection and market impact.

Eli Lilly cuts price of obesity drug Zepbound

Pharmaceutical giant Eli Lilly has reduced the price of its obesity medication Zepbound to improve patient access. The move comes amid growing demand for GLP-1 drugs in Canada and globally.

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