Financial Insights That Matter The Bank of Canada cut its key interest rate for the seventh time in a row on Wednesday, bringing it to 2.75 per cent. Though the series of rate cuts has eased some pressure on consumers after the central bank hiked rates to fight inflation, the burgeoning trade war with the […]
Financial Insights That Matter WASHINGTON (Reuters) – The U.S. trade deficit in goods narrowed in February amid a rise in exports, which could temper economists’ expectations for a sharp slowdown in economic growth in the first quarter. The goods trade deficit contracted 4.9% to $147.9 billion last month, the Commerce Department’s Census Bureau said on […]
Financial Insights That Matter Source: Getty Images Written by Brian Paradza, CFA at The Motley Fool Canada Tariff wars are escalating, and investors are scrambling for stability. Canadian chartered banks, with their century-proven resilience, offer a compelling solution. Among them, Royal Bank of Canada (TSX:RY), or RBC, and Bank of Montreal (TSX:BMO) stock stand out as […]
Financial Insights That Matter (Bloomberg) — The Bank of Canada cut interest rates by a quarter percentage point and called the trade battle with the US a “new crisis,” but pushed back on expectations that policymakers were on a predetermined cutting path. Most Read from Bloomberg Policymakers led by Governor Tiff Macklem lowered the policy […]
Financial Insights That Matter The dynamics of gold (GC=F) have shifted significantly, with its price now correlating more to real interest rates than to equities. Merk Investments CEO Axel Merk joins Market Domination anchors Josh Lipton and Julie Hyman to discuss the impact of global geopolitical changes, including the potential lifting of sanctions on Russia […]
Financial Insights That Matter Chinese technology giant Tencent has made a €1.2bn ($1.25bn; £1bn) investment in a spin-off from Ubisoft, the maker of the Assassin’s Creed video games. Shenzhen-based Tencent will own about a quarter of the new business, with Ubisoft holding the rest of the new subsidiary, which is valued at around €4bn. The […]
Financial Insights That Matter When it comes to reviewing paycheques, only 9% feel confident they would notice any errors, yet data indicates that more than half of employees are exposed to payroll errors CALGARY, AB, March 26, 2025 /CNW/ – Only 13% of Canadians who receive a paycheque say they pay attention to the details […]
Financial Insights That Matter By Nivedita Balu, Niket Nishant (Reuters) – Royal Bank of Canada expects to earn up to about C$1 billion ($699.15 million) from its AI investments, its CEO said at its first investor day since 2018, emphasizing the pivotal role the technology will play in the lender’s next growth phase. The earnings […]
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Financial Insights That Matter Early campaign promises threaten to leave Canadians with billions in new spending that could take more than five years to pay for, according to Scotiabank economists. (Credit: Getty Images) With Canada facing an evolving trade war and many big-ticket election promises already out there, this election’s winner may have a hard […]