Financial Insights That Matter FILE PHOTO: Bank of Canada Governor Tiff Macklem takes part in a press conference, after cutting key interest rate, in Ottawa, Ontario, Canada, January 29, 2025. REUTERS/Patrick Doyle/File Photo · REUTERS / Reuters The Bank of Canada held its benchmark interest rate steady at 2.75 per cent, ending a run of […]
Financial Insights That Matter Investing.com — On Wednesday, the Bank of Canada (BoC) announced its decision to maintain the policy interest rate at 2.75%, aligning with consensus expectations. This decision comes after a series of seven consecutive rate cuts, the most recent being a 25 basis point reduction in March from 3.00% to the current […]
Financial Insights That Matter Bank of Canada Governor Tiff Macklem takes part in a news conference, after cutting key interest rate, in Ottawa, Ontario, Canada July 24, 2024. REUTERS/Blair Gable · REUTERS / Reuters The Bank of Canada cut its benchmark interest rate by 25 basis points on Wednesday and revised down its growth forecasts, […]
Financial Insights That Matter Royal Bank of Canada’s significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public A total of 25 investors have a majority stake in the company with 36% ownership Institutional ownership in Royal Bank of Canada is 48% AI is about to change healthcare. […]
Financial Insights That Matter Toronto, Ontario–(Newsfile Corp. – February 20, 2025) – Rohit Mehta, President and Chief Executive Officer, Global X Investments Canada Inc. (TSX: MTRX) (“Global X”) and their team, joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX) to open the market to celebrate the launch of their new ETF: […]
Financial Insights That Matter Source: Getty Images Written by kay ng at the motley fool canada If I had $250,000 to invest with the goal of never worrying about money again, I’d put it to work in high-quality Canadian dividend stocks. Why dividend stocks? Because they offer one of the most dependable ways to generate […]
Financial Insights That Matter See the Hyundai Palisade XRT Pro from Every Angle Hyundai Hyundai has revealed the second-generation Palisade in U.S. market form at the 2025 New York International Auto Show, but the carmaker also made the world debut of a new off-road trim level called XRT Pro on the 2026 Palisade. It offers […]
Financial Insights That Matter HALIFAX — The association that represents academic staff at Canadian universities is warning its members against non-essential travel to the United States. The Canadian Association of University Teachers released updated travel advice on Tuesday due to the “political landscape” created by President Donald Trump’s administration and reports of some Canadians encountering […]
Financial Insights That Matter ChatGPT-maker OpenAI is working on its own social media platform, similar to X, it has been reported. The AI giant is said to be in the early stages of the project, which is focused on ChatGPT’s image generation tool that would also have a social feed. According to The Verge, the […]
Financial Insights That Matter OTTAWA, April 16 (Reuters) – If U.S. tariffs trigger a global trade war, inflation in Canada would spike and the country would enter a deep recession, according to a Bank of Canada scenario released on Wednesday. Citing the high level of uncertainty, the central bank did not issue its regular quarterly […]