Financial Insights That Matter The Bank of Canada’s announcement of their final cut of the year was accompanied by language forecasting a slowdown in the pace of cuts. (Photo by Dave Chan/AFP via Getty Images) · DAVE CHAN via Getty Images Economists at Canada’s major banks don’t expect interest rates to move quite as dramatically […]
Financial Insights That Matter DAKAR, Senegal (AP) — Mali’s military government has started seizing gold stocks of the Canadian mining company Barrick as part of a legal battle over the share of revenue owed to the West African state, according to an internal Barrick letter seen by The Associated Press. The letter from CEO Mark […]
Financial Insights That Matter The U.S. benefits just as much as Canada does from the current bilateral trade relationship, argues a new report by economist Jim Stanford. Among the reasons for the equal benefits include Canada being the largest market for U.S. exports, the large surplus of services that the U.S. exports to Canada, Canada’s […]
Financial Insights That Matter Source: Getty Images Written by Amy Legate-Wolfe at The Motley Fool Canada The Canada Revenue Agency (CRA) unveiled an update for 2025 that will have Canadians breathing a sigh of relief: no federal taxes on the first $16,129 of income! This update increases the Basic Personal Amount (BPA), which acts as […]
Financial Insights That Matter By Fergal Smith (Reuters) -Canada’s main stock index posted its biggest decline in over three weeks on Friday as rising prospects that the Federal Reserve would pause its interest-rate cutting cycle encouraged investors to take some profits after strong gains for the market in 2024. The Toronto Stock Exchange’s S&P/TSX composite […]
Financial Insights That Matter A man cleans a car while he fills up his vehicle’s gas tank during cold weather in Northbrook, Ill., Wednesday, Jan. 8, 2025. (AP Photo/Nam Y. Huh) · ASSOCIATED PRESS Gas prices increased by double digits in five Canadian cities over the past week, pushing the nationwide average for regular fuel […]
Financial Insights That Matter Source: Getty Images Written by Demetris Afxentiou at The Motley Fool Canada Did you know that you can buy some of the smartest dividend stocks on the market with just $500? You won’t be able to retire from those investments just yet, but picking the right stocks today will provide you […]
Financial Insights That Matter Bloom brings users’ full financial picture into one place right at their fingertips, acting as an AI powered financial concierge that gives meaningful insights and helps build credit through rent reporting VANCOUVER, British Columbia, January 08, 2025–(BUSINESS WIRE)–Today, Spring Financial, a Canadian financial technology company simplifying the lending process for everyday […]
Financial Insights That Matter President-elect Donald Trump talks to reporters after a meeting with Republican leadership at the Capitol on Wednesday, Jan. 8, 2025, in Washington. (AP Photo/Jose Luis Magana) · ASSOCIATED PRESS Canada’s largest oil and gas producers are rolling out bigger production plans for 2025, with no sign U.S. president-elect Donald Trump will […]
Financial Insights That Matter Source: Getty Images Written by Demetris Afxentiou at The Motley Fool Canada Selecting the best Canadian Stocks for your portfolio is something that will be different for nearly every investor. Canadian stocks are blessed for having a good mix of income and growth-focused stocks that can cater to any portfolio. Here’s […]