CashNews.co By Luciana Magalhaes SAO PAULO (Reuters) – Foreign debt financing by Brazilian issuers is surging again, reaching a three-year high in 2024, as local companies seek to refinance existing obligations or make new investments. In the first nine months of the year, companies, financial institutions and the federal government issued a total of $17.6 […]
CashNews.co OTTAWA — The Bank of Canada is set to make its latest interest rate decision this morning. The central bank has lowered its key policy interest rate three times so far this year to bring it to 4.25 per cent. Economists and financial markets widely expect another rate cut today, but the question remains […]
CashNews.co TORONTO — A Manulife report says retiree experiences vary significantly based on when a person retired, and whether it was planned or earlier than expected. While most people have a retirement age in mind, nearly half of them — 47 per cent — retired sooner than expected at an average age of 59, the […]
CashNews.co On October 9, 2024, Finance Minister Chrystia Freeland announced plans to release a sustainable investment guide in early 2025. The upcoming guide will establish a Canadian taxonomy for “green” investments and outline mandatory future climate-related financial disclosures. RCC is advocating for alignment with global standards to reduce regulatory burdens and will keep members updated […]
CashNews.co CPACNational Finance – October 22, 2024CPAC broadcasts all televised committee meetings from Parliament’s upper house, the Senate, as senators meet on various committees to….4 hours ago Read More #cashnews #Canada #finance
CashNews.co Bank of Canada Governor Tiff Macklem participates in a news conference on the Bank’s interest rate announcement, in Ottawa, on Wednesday, Sept. 4, 2024. (THE CANADIAN PRESS/Justin Tang) (The Canadian Press) The Bank of Canada should cut its policy rate by 25 basis points, according to TD Bank’s chief economist. It’s an out-of-consensus call […]
CashNews.co Prior to the announcement, average fixed-rate loans were more than a percentage point lower than variable-rate options, mortgage broker Leah Zlatkin says. (Photo by Creative Touch Imaging Ltd./NurPhoto via Getty Images) (NurPhoto via Getty Images) A first-time home buyer’s options won’t change much with tomorrow’s widely expected Bank of Canada (BoC) rate cut, but […]
CashNews.co (Bloomberg) — A tanker of Canadian crude was shipped from Vancouver to Alaska for the first time in at least 10 years as the recently expanded Trans Mountain pipeline opens up new export opportunities. Most Read from Bloomberg The cargo of 466,000 barrels of oil left on a tanker from Vancouver on Oct. 1 […]
CashNews.co Finance Minister Chrystia Freeland recently said Canada will have “the strongest economic growth in the G7.” But is that true? And are Canadians better off because of it? The Trudeau government regularly uses comparisons among G7 countries (Canada, France, Germany, Italy, Japan, the United Kingdom and the United States) to gauge Canada’s economic performance. And when comparing economic growth in […]
CashNews.co Finance Minister Chrystia Freeland recently said Canada will have “the strongest economic growth in the G7.” But is that true? And are Canadians better off because of it? The Trudeau government regularly uses comparisons among G7 countries (Canada, France, Germany, Italy, Japan, the United Kingdom and the United States) to gauge Canada’s economic performance. […]