Article content Former Bank of Canada governor Mark Carney’s decision to throw his hat in the ring in the race to become leader of the federal Liberal party has led to a shakeup at the top of Brookfield Asset Management. Article content In a statement Thursday afternoon, Brookfield said chief executive Bruce Flatt would take […]
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 […]
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, […]
Breadcrumb Trail Links News The financial losses coincide with an escalating work stoppage that is entering its second week Published Nov 22, 2024 • 2 minute read A warming fire burns in a barrel in front of a Canada Post warehouse in facility in Mississauga, Ont. A nationwide strike by postal workers is set to […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]