CashNews.co OTTAWA — Canada’s inflation rate climbed back up to two per cent in October, shifting expectations slightly in favour of a quarter-percentage point interest rate cut next month. The report from Statistics Canada on Tuesday said prices in October increased at a faster annual pace in five out of the eight major components of […]
Traders Trim Big Canada Rate Cut Bets After Inflation Uptick #CanadaFinance
CashNews.co (Bloomberg) — Inflation in Canada rose by more than forecast and underlying price pressures reaccelerated, hiccups that may dissuade policymakers from a second straight 50 basis-point cut to interest rates next month. Most Read from Bloomberg The consumer price index rose 2% in October on a yearly basis, up from a 1.6% increase a […]
Canada’s industrial heartland hasn’t seen a gap this big since the global financial crisis #CanadaFinance
CashNews.co Manufacturing slumped in Ontario in 2024. (Credit: JEFF KOWALSKY/AFP/Getty Images) Canada’s industrial heartland has had a tough year. A new study by TD Economics estimates that output for goods-producing industries in Ontario in 2024 dropped at its steepest rate since the pandemic. Service industries are likely to account for a record high of almost […]
October inflation a ‘disappointment’ for the Bank of Canada ahead of December rate decision #CanadaFinance
CashNews.co Statistics Canada released its latest inflation data on Tuesday. Grocery prices have been a consistent pain point for consumers. (AP Photo/Eduardo Munoz Alvarez, File) · The Associated Press Canada’s annual inflation rate rose two per cent in October, a setback for the Bank of Canada (BoC) that has economists split on whether it will […]
Inflation in Canada accelerates, as gas price relief slows and food prices climb #CanadaFinance
CashNews.co Statistics Canada released its latest inflation data on Tuesday. Grocery prices have been a consistent pain point for consumers. (AP Photo/Eduardo Munoz Alvarez, File) · The Associated Press Canada’s annual inflation rate rose two per cent in October, due in part to the base-year effect on gasoline prices, according to data released by Statistics […]
Provinces, feds banding together as Trump tariffs loom: Ontario finance minister #CanadaFinance
CashNews.co Canada’s first ministers and finance ministers are working together to prepare for Donald Trump’s new presidency, says Ontario Finance Minister Peter Bethlenfalvy, with Ontario using its yearlong leadership of the provinces’ roundtable to build unity. Read More #cashnews #Canada #finance
Canada’s mobile price wars to continue past Black Friday on ‘promotional aggressiveness’ #CanadaFinance
CashNews.co Quebecor has been adding subscribers through its Freedom and Fizz brands, but this has come at the expense of its average revenue per user, a key metric watched by analysts. (Photo by Noam Galai/Getty Images) · Noam Galai via Getty Images Intense price wars among Canada’s mobile phone providers are likely to intensify for […]
Canada’s tax system needs a Big Bang and soon #CanadaFinance
CashNews.co Breadcrumb Trail Links Personal Finance Taxes Kim Moody: Canada needs to have broad-based personal tax reductions, especially in light of the recent outcome in the U.S. election Published Nov 19, 2024 • Last updated 1 hour ago • 5 minute read You can save this article by registering for free here. Or sign-in if you […]
Oceana Canada’s 2024 Fishery Audit Reveals Critical Need to Protect and Rebuild Canada’s Ocean Ecosystems #CanadaFinance
CashNews.co Oceana Canada Five Years After New Legal Requirements to Sustainably Manage and Rebuild Fisheries, Most Wild Fish Populations Remain Unprotected, with Many Still Depleted VANCOUVER, British Columbia, unceded and traditional homelands of the xʷməθkʷəy̓əm (Musqueam), sḵwx̱wú7mesh (Squamish), and sel̓íl̓witulh (Tsleil Waututh) nations, Nov. 19, 2024 (GLOBE NEWSWIRE) — Oceana Canada’s 2024 Fishery Audit issues […]
Sustainable Finance: Canada’s Time to Lead #CanadaFinance
CashNews.co NOVEMBER 28th AND 29th: JOIN US AT THE 2024 SUSTAINABLE FINANCE FORUM IN OTTAWA Ottawa, Ontario–(Newsfile Corp. – November 19, 2024) – Canada’s most pressing social and environmental challenges require us to scale our most innovative and impactful solutions. Creating a more sustainable financial system is key to leveraging the power of global capital […]