CashNews.co Highlights September 2024 There was a budgetary deficit of $3.2 billion in September 2024, compared to a deficit of $3.9 billion in September 2023. The budgetary deficit before net actuarial losses and gains was $4.3 billion, compared to a deficit of $3.3 billion in the same period of 2023â24. The budgetary balance before net actuarial losses […]
3 TSX Stocks to Build Lasting Wealth #CanadaFinance
CashNews.co Source: Getty Images Written by Amy Legate-Wolfe at The Motley Fool Canada Building lasting wealth through investing is like crafting a masterpiece. It requires thoughtful planning, high-quality components, and a long-term perspective. While trends may shift and markets may fluctuate, investing in fundamentally strong companies offers stability and growth. Canadian National Railway (TSX: CNR), […]
Mortgage stress tests and household financial resilience under monetary policy tightening #CanadaFinance
CashNews.co Introduction In Canada, 39% of households have a mortgage (Statistics Canada 2024). For these households, mortgage payments typically represent their single largest regular expenditure. Ensuring that households can make these payments is critical for financial stability because nonpayment can lead to credit losses for lenders. To improve the resilience of the mortgage market, and […]
Canada says North American free trade partners should be fully aligned on China #CanadaFinance
CashNews.co OTTAWA (Reuters) – Canada thinks the members of the U.S.-Mexico-Canada trade pact have a chance to produce a fully aligned policy on China, Finance Minister Chrystia Freeland said on Friday. Freeland made her remarks when asked by reporters about U.S. and Canadian fears that China could use the agreement as a back door to […]
Canada’s Trudeau says he had an ‘excellent conversation’ with Trump in Florida after tariffs threat #CanadaFinance
CashNews.co WEST PALM BEACH, Fla. (AP) â Canadian Prime Minister Justin Trudeau said Saturday he had an âexcellent conversationâ with Donald Trump at his Mar-a-Lago club after the president-elect’s threat to impose significant tariffs on two of Americaâs leading trade partners raised alarms in Ottawa and Mexico City. It was unclear, as Trudeau headed back […]
Dear Diary: Inside the thoughts of Chrystia Freeland’s vibe-cession #CanadaFinance
CashNews.co Breadcrumb Trail Links NP Comment Dear Diary: ‘As a finance minister, it can be easy to get too caught up in a bubble of numbers and indicators and lose touch’ Get the latest from Tristin Hopper straight to your inbox Sign Up Published Nov 30, 2024 ⢠Last updated 4 hours ago ⢠4 minute […]
Five ways that sustainable finance can deliver the future Canadians want #CanadaFinance
CashNews.co Canada is brimming with the potential to meet the aspirations of its citizens. No matter their political affiliations, Canadians overwhelmingly desire a flourishing economy that generates skilled jobs, ensures secure retirements, provides affordable housing and fosters economic opportunities. They seek meaningful reconciliation with Indigenous Peoples, a commitment to preserving nature, and robust protection for […]
Canadian Prime Minister Trudeau flies to Florida to meet with Trump on tariffs threat #CanadaFinance
CashNews.co WEST PALM BEACH, Fla. (AP) â Canadian Prime Minister Justin Trudeau has flown to Florida to meet with President-elect Donald Trump at his Mar-a-Lago club after Trump threatened to impose sweeping tariffs on Canadian products. A person familiar with the matter said Trudeau will have dinner with Trump. The official was not authorized to […]
S&P/TSX composite up more than 100 points, U.S. markets also rise to end November #CanadaFinance
CashNews.co TORONTO â Canada’s main stock index rose Friday, led by technology and base metal stocks, while U.S. markets also posted gains to end the month of November on a strong note. TORONTO â Canada’s main stock index rose Friday, led by technology and base metal stocks, while U.S. markets also posted gains to end […]
SunFed cucumbers and Costco eggs recalled due to potential salmonella contamination #CanadaFinance
CashNews.co Cucumbers shipped to the U.S. and Canada, and organic eggs sold in 25 Costco stores in five southern U.S. states, were recalled this week for potential salmonella contamination. The cucumber outbreak sickened 68 people, including 18 who were hospitalized, in 19 states, the Centers for Disease Control and Prevention said Friday. No one has […]