Financial Insights That Matter Breadcrumb Trail Links News Local News It has been 13 years since Ottawa’s Julie booker was diagnosed with breast cancer, but the financial costs linger. Get the latest from Elizabeth Payne straight to your inbox Sign Up Published Feb 04, 2025 • Last updated 6 hours ago • 4 minute read You […]
Apple & China Tariffs: A Closer Look #CanadaFinance
Financial Insights That Matter Tariffs have been the talk of the town over recent weeks, regularly overshadowing other important developments and causing volatility spikes. Though proposed tariffs on Mexico and Canada have been delayed for 30 days, the 10% tariffs on Chinese goods are still scheduled to take effect this week on February 4th. The […]
Canada’s Dollar, Mexican Peso Rebound as US Tariffs Delayed #CanadaFinance
Financial Insights That Matter (Bloomberg) — The Canadian dollar and Mexican peso rebounded as leaders from the neighboring US countries said they’d struck deals with President Donald Trump to delay tariffs for one month. Most Read from Bloomberg The loonie, as Canada’s currency is known, surged more than 1% late in the Monday session — […]
How to make sense of Canadian labels #CanadaFinance
Financial Insights That Matter TORONTO — Shoppers have been caught up in the buy Canadian fervour since U.S. President Donald Trump signed an executive order Sunday applying 25 per cent tariffs on all Canadian goods starting Tuesday. While the U.S. leader granted a 30-day reprieve on Monday evening, shoppers are still committed to shopping for […]
Trump agrees to pause tariffs on Canada and Mexico after they pledge to boost border enforcement #CanadaFinance
Financial Insights That Matter WASHINGTON (AP) — President Donald Trump on Monday agreed to a 30-day pause on his tariff threats against Mexico and Canada as America’s two largest trading partners took steps to appease his concerns about border security and drug trafficking. The pauses provide a cool-down period after a tumultuous few days that […]
Gas prices to spike ‘at least 10% overnight’ under Trump’s tariffs, expert says #CanadaFinance
Financial Insights That Matter The nationwide average price for regular fuel dipped 0.1 cents per litre between Jan. 23 and Jan. 30. · DjordjeDjurdjevic via Getty Images Gas prices were virtually flat across most Canadian cities over the past week, according to data from Kalibrate. Of course, the pause could be short-lived. Saturday is the […]
Trump wrong, U.S. banks can and do operate in Canada, association and professor say #CanadaFinance
Financial Insights That Matter The association representing bankers in Canada says U.S. subsidiaries and branches represent half of all foreign bank assets in the country, despite false claims by U.S. President Donald Trump that American banks can’t do business north of the border. “There are 16 U.S. based bank subsidiaries and branches with around C$113 […]
Top TSX Penny Stocks To Watch In January 2025 #CanadaFinance
Financial Insights That Matter As 2025 begins, the Canadian market is navigating through a period of uncertainty due to new U.S. policies on tariffs and energy, yet the TSX index has seen positive movement since Inauguration Day. Amid these shifting conditions, investors might find opportunities in penny stocks, which often represent smaller or newer companies […]
TD Canada Trust announces change to TD Prime Rate #CanadaFinance
Financial Insights That Matter TORONTO, Jan. 29, 2025 /CNW/ – TD Canada Trust today announced that it has decreased its TD Prime Rate by 25 basis points to 5.20%, effective January 30, 2025. About TD Bank Group The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (“TD” or the “Bank”). TD […]
US taxes imports from Canada, Mexico and China as Trump’s tariffs begin #CanadaFinance
Financial Insights That Matter Jessica Murphy, Will Grant & Michael Race BBC News Getty Images Trump had threatened to impose major tariffs upon taking office Canada, Mexico and China have vowed to respond to sweeping new tariffs to their exports to the US announced by President Donald Trump. Trump said a levy of 25% on […]