Tag: Canada

CashNews.co 19 September: Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by the US Federal Exchange last night, which lowered its lending rate to 4.75%, writes Kevin Pratt. The Bank’s Monetary Policy Committee (MPC) remains concerned about ‘persistent’ inflation in […]

CashNews.co Economists and realtors have criticized the government’s hardline stance on foreign ownership of residential real estate. (THE CANADIAN PRESS/Paige Taylor White) (The Canadian Press) The federal government’s ban on foreign nationals and companies owning housing in Canada has not materially lowered prices or boosted the inventory of real estate on the market, says Royal […]

CashNews.co Economists and realtors have criticized the government’s hardline stance on foreign ownership of residential real estate. (THE CANADIAN PRESS/Paige Taylor White) (The Canadian Press) The federal government’s ban on foreign nationals and companies owning housing in Canada has not materially lowered prices or boosted the inventory of real estate on the market, says Royal […]

CashNews.co Justin Trudeau, Canada PM(Photo: Shutterstock) Bad news for Indians aspiring to live and work in Canada. Prime Minister Justin Trudeau’s government is making further adjustments to its approach on immigration, specifically targeting international students and temporary foreign workers. “We’re granting 35% fewer international student permits this year. And next year, that number’s […]

CashNews.co MONTRÉAL, Sept. 18, 2024 /CNW/ – Laurentian Bank of Canada (TSX: LB) announces a decrease to its base rate in Canada of 50 basis points from 9.00% to 8.50%, effective September 19, 2024. Laurentian Bank of Canada Logo (CNW Group/Laurentian Bank of Canada) About Laurentian Bank Founded in Montréal in 1846, Laurentian Bank wants to […]

CashNews.co Canada’s largest corporate green bond issuer has raised $1.5B in 2024 TORONTO, Sept. 18, 2024 /CNW/ – Ontario Power Generation has issued $300 million of bonds under its Sustainable Finance Framework. The company will use net proceeds of the September issuance to fund a range of low-carbon energy projects. OPG recently issued $300M of bonds […]

CashNews.co Money is tops among workers’ priorities. And while not every employer can just drop loads of cash on their workers, they can still do a lot to help their employees’ financial wellbeing, according to one expert. The first step is convincing management why it’s important for the company to care for workers’ financial wellness, […]

CashNews.co Rogers will buy BCE’s minority stake in Maple Leaf Sports and Entertainment (MLSE) for $4.7 billion. (THE CANADIAN PRESS/Darren Calabrese) (The Canadian Press) Shares of BCE (BCE.TO)(BCE) rose on Wednesday while Rogers Communications’ (RCI-B.TO)(RCI) stock dipped, after it was announced that Rogers will buy BCE’s minority stake in Maple Leaf Sports and Entertainment (MLSE) […]

CashNews.co (Bloomberg) — Prime Minister Justin Trudeau’s government is taking more steps to reduce immigration in a country that has buckled under the strain of explosive population growth. Most Read from Bloomberg Canada will bring in even fewer foreign students next year after already reducing 2024 visa issuance, and further cut back on the number […]