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 […]
Canadian university teachers warned against travelling to the United States #CanadaFinance
Financial Insights That Matter HALIFAX â 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 […]
OpenAI is building a social network â reports #CanadaFinance
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 ChatGPTâs image generation tool that would also have a social feed. According to The Verge, the […]
Bank of Canada says US tariffs could trigger deep recession #CanadaFinance
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 […]
Text of the Bank of Canada’s latest interest rate decision #CanadaFinance
Financial Insights That Matter OTTAWA â The Bank of Canada held its key policy rate steady at 2.75 per cent on Wednesday. Here is the text of the central bank’s decision: âââ The Bank of Canada today maintained its target for the overnight rate at 2.75 per cent, with the bank rate at three per […]
Bank of Canada holds benchmark rate steady at 2.75% #CanadaFinance
Financial Insights That Matter TORONTO (Reuters) -The Bank of Canada on Wednesday held its benchmark interest rate at 2.75%, its first pause after seven consecutive cuts. MARKET REACTION: [CAD/] LINK: COMMENTS DOUG PORTER, CHIEF ECONOMIST AT BMO CAPITAL MARKETS “Obviously it was a difficult decision. The market was much more torn – as were economists […]
What the Bank of Canada interest rate decision on Wednesday could mean for a housing market hit by Trump tariff uncertainty #CanadaFinance
Financial Insights That Matter “All the buyers are on the sidelines because of the uncertainty, right?” said Kingsley Ma, an area vice-president at RE/MAX Canada. (R.J. Johnston Toronto Star/Toronto Star via Getty Images) · Toronto Star via Getty Images Homebuyers, wrestling with the same tariff-fuelled uncertainty as the Bank of Canada (BoC), are unlikely to […]
Bank of Canada interest rate cut odds jump following unexpectedly slow March inflation data #CanadaFinance
Financial Insights That Matter A shopper peruses a produce aisle at a No Frills grocery store in Toronto, May 30, 2024. THE CANADIAN PRESS/Chris Young · The Canadian Press The Bank of Canada has a stronger case to cut its policy rate at its next meeting on Wednesday, say economists responding to the latest inflation […]
Ottawa says automakers that keep building in Canada will get a tariff exemption #CanadaFinance
Financial Insights That Matter WASHINGTON â Automobile companies that continue to manufacture vehicles in Canada will get an exemption from Ottawa’s retaliatory tariffs as U.S. President Donald Trump attempts to upend the North American industry with steep import duties. Federal Finance Minister François-Philippe Champagne announced Tuesday that auto manufacturers will be allowed to import a […]
ASML Holding N.V. (ASML): A Bull Case Theory #CanadaFinance
Financial Insights That Matter We came across a bullish thesis on ASML Holding N.V. (ASML) on Substack by Oguz Erkan. In this article, we will summarize the bullsâ thesis on ASML. ASML Holding N.V. (ASML)’s share was trading at $672.87 as of April 14th. ASMLâs trailing and forward P/E were 30.79 and 24.39 respectively according to Yahoo […]