Immigration Cuts May Hinder Bank of Canada Rate Relief
Canada's reduced immigration targets could slow population growth to near zero, potentially delaying Bank of Canada interest rate cuts as unemployment may fall faster than expected.
Canada's reduced immigration targets could slow population growth to near zero, potentially delaying Bank of Canada interest rate cuts as unemployment may fall faster than expected.
Hydro-Québec crews work overnight as the season's first snowstorm leaves hundreds of thousands without electricity across southern Quebec, particularly impacting Montérégie.
Midwestern Ontario sees 2,600 job openings as unemployment rate declines. Manufacturing sector leads hiring surge with opportunities across multiple industries.
Nova Scotia Power anticipates reduced earnings in 2025 following a significant cybersecurity incident. Learn how the attack impacts the utility's financial outlook.
Statistics Canada releases crucial October employment data that could shape economic policy and interest rate decisions. Get the latest on unemployment rates, job creation trends, and what it means for Canadian households.
A catastrophic collapse at a retired coal power plant in South Korea has left one worker dead and four others missing, presumed dead, in a devastating industrial accident.
Calgary-based TransAlta reports surprising Q3 loss of $8 million, sending shares tumbling over 13% as lower power prices and unfavourable hedging contracts squeeze profitability.
Ex-DHS chief Miles Taylor discloses Trump's private concerns about Democratic election strategies and potential permanent power shifts in explosive new revelations.
The Ford government is using a legislative maneuver to fast-track controversial education legislation without public hearings, including a bill that would significantly expand the education minister's authority over school boards.
Widespread power outages sweep across southern Manitoba, leaving thousands without electricity as Manitoba Hydro works to restore service amid challenging conditions.
New Brunswick's power utility launches mobile education campaign, bringing hands-on energy learning experiences to communities throughout the province with innovative displays and expert insights.
As global electricity demand surges, Canada faces a critical energy dilemma. Can nuclear power bridge the gap between climate goals and energy security? Experts weigh in on the nation's atomic advantage.
Manitoba Hydro announces significant natural gas rate increase starting November 1st, impacting homeowners' winter heating costs. Learn how this affects your budget.
Canadian homeowners with variable-rate mortgages are celebrating as the Bank of Canada's recent rate cut brings significant payment reductions. Discover how this decision impacts monthly budgets and what it means for the housing market.
The Bank of Canada maintains its key interest rate at 5%, signaling the end of its tightening cycle while keeping options open for future moves. Discover what this means for your finances and the Canadian economy.
Despite stubborn inflation, economists reveal why interest rate cuts remain on the table for 2024 and how Canadians should prepare for potential financial shifts.
The Bank of Canada's recent interest rate reduction offers breathing room for Albertans, but experts warn bigger economic challenges lie ahead for the province's housing market and overall financial landscape.
The Federal Reserve has cut interest rates for the first time this year, delivering a quarter-point reduction amid cooling inflation and economic uncertainty. Here's what it means for your wallet.
Royal Bank of Canada leads major lenders in reducing prime rate to 6.95%, bringing relief to borrowers with variable-rate mortgages and loans. Learn how this affects your finances.
The Federal Reserve makes pivotal rate cut decision as potential government shutdown threatens to cloud economic outlook and complicate monetary policy path forward.
Economists warn Canada faces a structural productivity crisis as Bank of Canada cuts rates amid stagnant economic growth and declining business investment.
Canadian real estate leaders welcome the Bank of Canada's first interest rate cut in four years, predicting renewed market activity while acknowledging ongoing economic challenges.
Edmonton-based Capital Power reports Q2 earnings decline while exploring massive data centre opportunity in Michigan that could reshape its energy strategy.
The Bank of Canada delivers another interest rate cut while navigating turbulent U.S. trade relations and tariff threats that could reshape Canada's economic landscape.
The Bank of Canada has made its first interest rate cut in months, lowering the overnight rate to 4.75%. Discover how this decision affects mortgages, savings, and the Canadian economy.
The Bank of Canada has cut its key interest rate to 2.25% in its second consecutive reduction, signaling a major shift in monetary policy that could save Canadians money on mortgages and loans.
The Bank of Canada has made its first interest rate cut since 2020, dropping the benchmark rate to 4.75%. Discover how this historic move will impact mortgages, savings, and the Canadian economy.
Saskatchewan embarks on a transformative $7 billion nuclear energy partnership with Ontario Power Generation, positioning the province as Canada's next clean energy leader while creating thousands of jobs.
The U.S. Federal Reserve signals potential rate cuts ahead, marking a significant policy shift that could impact Canadian mortgages, investments, and economic growth. Discover the timeline and implications.
Caterpillar's Q2 earnings crush estimates as artificial intelligence data centers drive unprecedented demand for power generation equipment and backup systems.