Bank of Canada Expected to Hold Rates Amid Economic Weakness
Economists predict the Bank of Canada will keep interest rates steady at 2.25% due to trade tensions, global conflict, and a sluggish housing market, despite market signals for hikes.
Category : Banking Finance
Bank of America Settles Epstein Accusers' Lawsuit
Bank of America has reached a settlement in a lawsuit filed by accusers of Jeffrey Epstein, marking a significant legal development in the ongoing fallout from the financier's case.
Household Debt-to-Income Ratio Rises for Fifth Straight Quarter
Statistics Canada reports a continued increase in household debt relative to income in Q4, marking the fifth consecutive quarter of growth amid economic pressures.
Mortgage Protection Guide for Homeowners
A comprehensive overview of mortgage protection options, explaining why safeguarding your largest debt is crucial for financial stability and peace of mind in homeownership.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Fed's Cautious Stance Amid Iran War's Economic Shockwaves
The U.S. Federal Reserve meets this week amid heightened uncertainty from the Iran conflict, which has disrupted global oil supply and threatens to push inflation higher while potentially slowing economic growth.
Poilievre Proposes New Auto Plan with U.S. Market Focus
Conservative Leader Pierre Poilievre criticizes Liberal trade approach as 'waving white flag,' announces comprehensive auto strategy to secure tariff-free U.S. access and boost domestic production.
Iran War Adds Uncertainty to Bank of Canada's Economic Outlook
The escalating conflict in Iran introduces fresh volatility into global markets, complicating the Bank of Canada's monetary policy decisions amid existing domestic economic challenges.
Gold Prices Drop as Middle East War Fuels Inflation Concerns
Gold fell on Friday, heading for a second weekly decline as Middle East tensions keep oil prices high, boosting inflation and reducing rate cut expectations. Bullion remains up 17% this year.
Bank of Canada to Hold Rates Amid Oil Crisis, Economist Says
BMO's chief economist Douglas Porter explains why high oil prices from Middle East tensions may slow growth and increase inflation, but the Bank of Canada is likely to maintain current interest rates.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Bank of Canada Rate Cut Likely After Brutal Jobs Report
Following a disappointing February jobs report showing 84,000 job losses, economists argue the Bank of Canada is more likely to cut interest rates than hike, despite market expectations influenced by rising oil prices.
Investors Fear 2008-Style Shock from Iran and Private Credit
Amid Iran conflict and private credit fund redemptions, investors recall 2008's financial crisis. However, stronger bank capital and liquidity suggest the system is more resilient now.
Bank of Canada Could Hike Rates This Year Due to Oil Crisis
Markets now fully price in a September rate hike as Middle East conflict drives oil prices higher, threatening inflation expectations in Canada.
Canadian Wealth Hits $1.07M Average, Driven by Age and Province
Statistics Canada reports household net worth reached $18.4 trillion in Q3 2025, averaging $1.07 million per household. Wealth distribution varies significantly by age, province, and income bracket, with real estate and financial assets playing key roles.
Canada's 2026 Tax Brackets: Changes and Savings Tips
TurboTax expert Stephanie Ricchio details new tax credits, deadline adjustments, and essential filing strategies for the 2026 tax season in Canada.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Counterfeit Bills Seized at New Westminster Safeway
New Westminster police confiscated $11,000 in counterfeit currency from a Safeway store, highlighting ongoing efforts to combat financial fraud in the region.
Early Mortgage Renewals: Why Fine Print Matters Now
As mortgage rates climb, banks are contacting homeowners months before renewal. Experts warn that attractive rates may hide costly penalties and terms requiring careful scrutiny before signing.
Federal Rule Caps Bank NSF Fees at $10 to Aid Canadians
The Canadian government has implemented a new rule capping non-sufficient funds fees at $10 per transaction, aiming to ease financial strain for households during the cost of living crisis.
War and Global Tensions Fuel Rising Gold Prices
Gold prices are surging as geopolitical conflicts and global tensions create investor uncertainty, with experts predicting continued volatility in precious metals markets.
Churchill Removed from UK Currency for Wildlife Design
The Bank of England announces a major redesign of UK banknotes, replacing historical figures like Winston Churchill with native animals. The move sparks political controversy.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Court Tightens Oversight on John Risley's Investment Firm
A Nova Scotia court has imposed stricter supervision on the troubled investment firm of seafood magnate John Risley, following financial difficulties and regulatory concerns.
UK Banknotes Spark Culture War: Churchill Replaced by Wildlife
The Bank of England's decision to replace historical figures like Winston Churchill with native wildlife on banknotes has ignited a fierce political debate, with critics labeling it 'woke' while supporters cite security and public preference.
Churchill Replaced by Wildlife on UK Banknotes, Sparks Outrage
The Bank of England plans to replace Winston Churchill and other historical figures with native wildlife on new banknotes, drawing criticism from Conservative lawmakers who argue Churchill's legacy should be preserved.
JPMorgan's Long Relationship with Jeffrey Epstein After Warnings
Internal documents reveal JPMorgan maintained contact with Jeffrey Epstein for years after red flags were raised, processing over $1 billion in transactions while he generated significant revenue for the bank's private wealth division.
Global Bonds Erase 2026 Gains Amid Iran War Inflation Worries
The Bloomberg Global Aggregate Index has turned flat for 2026 as oil prices surge above $100, reversing earlier gains and triggering a fixed-income selloff driven by Middle East conflict concerns.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Churchill Removed from UK Banknotes in Currency Change
Winston Churchill will be phased out from British five-pound notes as part of a broader redesign, marking a significant shift in the nation's currency representation.
Calls Grow to End Politically Motivated De-banking in Canada
As the U.S. and U.K. implement measures against de-banking, Canada faces criticism for inaction on banks denying services based on political views, with concerns over ideological targeting of industries and activists.
Gen Z's Financial Nihilism Fuels Risky Investment Trends
A concerning trend of financial nihilism is pushing Generation Z Canadians toward high-risk investing strategies like meme stocks and crypto, driven by economic pessimism and housing unaffordability.
Federal Rules Cap NSF Fees at $10 Starting Thursday
Starting this Thursday, new federal regulations will limit non-sufficient funds fees to a maximum of $10 per transaction, providing financial relief for consumers across Canada.
Loto-Quebec Eyes $1.5B Profit Again This Year
Loto-Quebec anticipates achieving a $1.5-billion profit in 2026, continuing its strong financial performance from previous years, as reported by The Canadian Press.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Audit Watchdog Finds Major Issues at Big Four Firms in Canada
The Canadian Public Accountability Board's annual review reveals significant findings at all four major accounting firms, with KPMG showing the highest rate of issues at over 20% of inspected files.
Page 14 of 34
