Category: Realtime

Dec 12

Gap between variable and fixed rate mortgages shrinks to 2022 level

Article content Floating-rate borrowers got their Christmas bonus from the Bank of Canada on Wednesday: a half-point drop in their borrowing costs. Article content That has more mortgage shoppers on the lookout for cheap variable deals. The lowest nationally advertised pricing now starts at: 4.25 per cent if insured, or prime minus 1.20 per cent […]
Dec 6

Where the heck is my wedding dress? And other burning questions about the Canada Post strike

Breadcrumb Trail Links News Economy Retail & Marketing With the holidays fast approaching, the number of parcels that remain unprocessed continues to grow Published Dec 06, 2024  •  Last updated 19 minutes ago  •  3 minute read Canada Post employees and supporters rally as they are reflected in a window at Canada Post headquarters in Ottawa, […]
Nov 12

Labour Minister moves to end port lockouts in Montreal and British Columbia

Article content Labour Minister Steven Mackinnon has put an end to the work stoppages at Quebec and British Columbia ports by ordering binding and final arbitration. Mackinnon said on Tuesday the negotiations had hit an impasse and the economic and reputational damage to Canada as a reliable trade partner was in jeopardy. “If these work […]
Nov 6

Here are the Canadian banks that could benefit from Trump’s victory

Breadcrumb Trail Links Finance Banking News Promise to lower taxes for corporations, enforce fewer regulations could rub off on biggest lenders Get the latest from Naimul Karim straight to your inbox Sign Up Published Nov 06, 2024  •  2 minute read Some of Canada’s biggest banks are poised to make gains with Donald Trump set […]
Oct 11

Bank of Canada 50-bps-cut not a ‘sure thing’: Economists on the jobs numbers

Breadcrumb Trail Links News Economy Unemployment rate falls, raising doubts about a bigger interest rate cut Published Oct 11, 2024  •  Last updated 26 minutes ago  •  3 minute read Canada’s unemployment rate unexpectedly fell as job gains beat expectations, bolstering the Bank of Canada’s case for gradual rate cuts and raising hopes of a soft […]
Aug 23

Posthaste: Worker productivity is on the rise, but it’s not all good news

Breadcrumb Trail Links News Many employees are putting in more hours compared to last year Published Aug 23, 2024  •  Last updated 11 minutes ago  •  4 minute read People make their way to work in Toronto’s financial district. Canadian managers say they are seeing an increase in employee productivity compared to last year. Photo by […]
Aug 20

Posthaste: This sector of Canada’s economy is firmly in recession

Breadcrumb Trail Links News The blows keep coming for manufacturing Published Aug 20, 2024  •  4 minute read Canada’s manufacturing sector is on track to contract for a fourth consecutive quarter. Photo by John Mahoney / Postmedia Article content The Bank of Canada’s view that the worst is behind us was challenged recently by warning […]
Apr 27

Many Canadians are delaying filing their taxes out of fear of owing money, survey says

Article content An increasing number of Canadians have delayed filing their taxes because they’re worried about owing money this year, according to a new survey by H&R Block Canada. With less than a week to go before the April 30 deadline, 23 per cent have yet to file their taxes, according to the survey of […]
Apr 17

Jamie Golombek: How the federal budget 2024 will affect your pocketbook

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