Many Canadians are expressing deep frustration as the Canada Revenue Agency begins clawing back CERB payments, creating financial hardship for individuals who relied on the pandemic support.
Billionaire Chinese trader Bian Ximing, who made nearly $3 billion on gold, has built Shanghai's largest silver short position worth $288 million, capitalizing on the metal's recent 16% decline.
The Canada Revenue Agency is reclaiming pandemic support funds from many Canadians, causing widespread financial distress and highlighting ongoing economic challenges.
Analysts predict a temporary dip for the Canadian dollar, with a correction expected before the currency resumes its longer-term upward trend amid global economic shifts.
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The Bank of England has decided to maintain its benchmark interest rate at 3.75% as inflation continues to exceed the central bank's target, signaling ongoing economic caution.
U.S. Treasury Secretary Scott Bessent engaged in multiple heated exchanges with Democratic lawmakers during a House Financial Services Committee hearing, devolving into insults over fiscal policy and Trump family dealings.
A federal report reveals nearly 4 million government cheques worth over $2.1 billion remain uncashed by Canadians, including pension and EI payments.
CIBC Capital Markets increases its 2026 gold price target to US$6,000 per ounce, citing ongoing demand drivers and geopolitical uncertainty, with further targets set through 2031.
Gold bugs accurately predicted gold hitting US$5,000 per ounce, but now claim big banks manipulate prices through futures trading, sparking renewed debate.
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Royal Bank of Canada announces closure of its branch on University of Ottawa campus in February 2026, affecting students and staff banking services.
Nasdaq has proposed a new 'fast entry' rule designed to expedite the inclusion of significant new listings, potentially streamlining market access for major companies.
Gold prices climbed over 2.9% on Wednesday, rebounding above US$5,000 per ounce as dip buyers entered the market following a significant retreat from record highs. The precious metal remains up approximately 17% for the year despite recent volatility.
Gold extended its rally Wednesday after its largest daily gain in 17 years, as investors sought safety amid escalating U.S.-Iran geopolitical tensions, driving prices higher.
Calgary-based fintech Neo Financial raised $68.5 million from over 100 investors, far exceeding expectations. The funding will enable the company to expand lending to Canadians and access securitization markets for growth.
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The Nova Scotia RCMP reports a significant increase in counterfeit $50 bank notes circulating across the province, urging residents and businesses to remain vigilant.
The Canadian government holds 3.9 million uncashed cheques. Learn how to search for unclaimed funds and secure your money with simple steps.
Montreal is positioning itself as a candidate to host a proposed NATO financial institution dedicated to funding defense and military technology projects across the alliance.
Learn how Canadians can search for and claim any of the 3.9 million uncashed government cheques, including tax refunds and benefit payments, that remain outstanding.
Calgary-based fintech firm Neo Financial announces a significant equity investment from Alberta Investment Management Corporation and Northleaf Capital Partners, marking a key milestone for the Canadian financial technology sector.
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Canada's main stock index, the S&P/TSX composite, experienced a significant rally, climbing more than 200 points. This surge coincides with gold prices nearing the US$5,000 per ounce threshold once again, highlighting a strong day for resource and financi
Major Canadian pension funds are expanding investments in Europe and Asia to reduce exposure to U.S. dollar volatility and political uncertainty under the Trump administration.
The U.S. dollar's recent volatility as the world's primary reserve currency signals a pivotal moment for international investors, prompting a reassessment of global financial strategies.
Gold prices surge dramatically, marking their largest single-day increase since the 2008 financial crisis, as investors capitalize on a recent steep selloff to buy the precious metal at lower prices.
Global stock markets, including the S&P/TSX composite, rose broadly as Japan and South Korea hit record highs, signaling a strong market rebound and renewed investor confidence.
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The Bank of Montreal has been penalized $4 million by a financial watchdog for systematically overcharging customers enrolled in discounted banking packages, highlighting ongoing consumer protection concerns.
Despite trade tensions, Canada remains a net lender to the United States for the ninth consecutive year, with significant portfolio investment flows in 2025.
Morningstar DBRS issues higher credit ratings than competitors in Canada, raising concerns about market risks as single-rated bond deals surge in 2025.
The Bank of Nova Scotia becomes the second major Canadian financial institution to support the new Defence, Security and Resilience Bank, signaling a shift in how Canadian banks view defence sector financing.
Vanguard Group has reduced fees across 84 mutual fund and ETF share classes, lowering its average asset-weighted expense ratio to just 0.06% and saving investors approximately $600 million over two years.
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Documents reveal Canadians are sitting on approximately $2 billion in unclaimed federal cheques, highlighting a significant financial oversight by the public.
