Financial Insights That Matter Source: Getty Images Written by Amy Legate-Wolfe at The Motley Fool Canada NVIDIA (NASDAQ:NVDA), the renowned titan in the artificial intelligence (AI) hardware arena, recently faced a significant jolt in the stock market. The catalyst? A Chinese startup named DeepSeek unveiled an AI model that not only rivals existing technologies. It […]
Financial Insights That Matter The amount of non-mortgage debt owed by Canadians is growing alongside inflation, according to a report by consumer credit agency Equifax Canada. The report says the average non-mortgage debt per Canadian totaled $21,128 in the second quarter of this year, up 2.4% compared with a year ago. Equifax Canada said the […]
Financial Insights That Matter Source: Getty Images Written by Amy Legate-Wolfe at The Motley Fool Canada Investing in energy stocks in 2025 requires a delicate balance of understanding market trends, geopolitical influences, and individual company performance. The energy sector is often a barometer of broader economic health. With the re-election of Donald Trump as U.S. […]
Financial Insights That Matter BoC governor Tiff Macklem has characterized the potential tariffs as “a major new uncertainty.” (Adrian Wyld/The Canadian Press via AP) · ASSOCIATED PRESS A series of five consecutive Bank of Canada (BoC) interest rate cuts through 2024 has offered some relief to mortgage holders and at least a flicker of movement […]
Financial Insights That Matter Globally, business leaders are using generative AI for dynamic reporting and narrative generation, forecasting models and scenario generation, document management, compliance monitoring and reporting, and automated tax preparation, among other applications. In the finance and risk function, the top AI use cases being piloted or implemented by Canadian organizations include: Fraud […]
Financial Insights That Matter MONTRÉAL, Jan. 29, 2025 /CNW/ – Laurentian Bank of Canada (TSX: LB) announces a decrease to its prime lending rate and that of B2B Bank by 25 basis points from 5.45% to 5.20% effective January 30, 2025. Laurentian Bank Logo (CNW Group/Laurentian Bank of Canada) About Laurentian Bank Founded in Montréal […]
Financial Insights That Matter NEW YORK (AP) — Tax season is underway, and the IRS expects 140 million people will file returns by April 15. The agency has also debuted a new online tool to help taxpayers check the status of any refund they may be entitled to. President Donald Trump this week offered all […]
Financial Insights That Matter TORONTO — U.S. President Donald Trump’s threatened tariffs on Canadian goods would severely disrupt the Canadian automotive sector where trade is balanced, said a report out Tuesday from TD. Trump has said he plans to impose 25 per cent tariffs on Canadian and Mexican goods as soon as Saturday over what […]
Financial Insights That Matter Breadcrumb Trail Links Finance Banking Announcement comes days before Donald Trump officially becomes the next U.S. president Get the latest from Naimul Karim straight to your inbox Sign Up Published Jan 17, 2025 • Last updated 1 week ago • 3 minute read You can save this article by registering for free […]
Financial Insights That Matter Yukon’s ombudsman and its child and youth advocate are taking the territorial government to court in a bid to get finance department officials out of the budgeting process for independent offices of the Legislative Assembly. Those offices also include the information and privacy commissioner and the public interest disclosure commissioner, as well as […]