CashNews.co The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt slipped. The loonie was trading 0% lower at C$1.3948 to the greenback, or 71.69 U.S. cents, after trading in a range of 1.3933 to 1.3962. Canadian government 10-year bond yields fell 3.8 basis points to 3.232%. The yield […]
CashNews.co āAll Canadian banks view mortgages as a significant anchor product and currently, loan growth across multiple loan categories is very low,ā RBC analyst Darko Mihelic writes. (Photo by Creative Touch Imaging Ltd./NurPhoto via Getty Images) Ā· NurPhoto via Getty Images Canadians could see a āmortgage warā in the months and years ahead as interest […]
CashNews.co Breadcrumb Trail Links Finance Banking Real Estate Mortgages More than half of all mortgages with Canadian banks are set to be renewed in the next two fiscal years Get the latest from Naimul Karim straight to your inbox Sign Up Published Nov 12, 2024 ā¢ Last updated 19Ā hours ago ā¢ 2 minute read You […]
CashNews.co By Nia Williams (Reuters) – Canada’s energy industry does not expect U.S. President-elect Donald Trump’s broad plans for protectionist trade measures will include tariffs on Canadian oil imports, because many U.S. refineries rely on barrels from north of the border. Some Canadian oil industry participants saw Trump’s election as a positive that would stimulate […]
CashNews.co Open this photo in gallery: Canadian Environment and Climate Change Minister Steven Guilbeault speaks during the summit on methane and non-CO2 greenhouse gases at the United Nations COP29 climate change conference in Baku, Azerbaijan, on Nov. 12.Murad Sezer/Reuters Canada is launching a US$1.48-billion climate platform as it vows to remain committed to promoting financing […]
CashNews.co Automotive News2024 J.D. Power dealer study finds intent to use national lenders over regionalsCar dealer finance professionals are more satisfied with national auto lenders than regional lenders and are more inclined to send the….4 hours ago Read More #cashnews #Canada #finance
CashNews.co Automotive NewsJ.D. Power finds 55% of dealer auto finance professionals concerned about AI, up from 2023Half of dealership finance office workers were concerned about artificial intelligence in 2023, and that sentiment has spread, according to….4 hours ago Read More #cashnews #Canada #finance
CashNews.co The union representing Canada Post workers said it will be in a legal strike position on Friday, as the Crown corporation warns that a potential strike will further impact its already dire financial situation. The Canadian Union of Postal Workers (CUPW) said in a statement early Tuesday that its executive board was giving the […]
CashNews.co Canada could be an important consensus builder at this yearās international climate negotiations, Environment and Climate Change Minister Steven Guilbeault said, while downplaying concerns that Donald Trumpās presidential election victory could hamper the talks. āOur window to keep global average temperatures from surpassing 1.5Ā°C is closing fast on us, so we need everyone to […]
CashNews.co Decreased confidence underscores urgency for effective resources TORONTO, Nov. 12, 2024 /CNW/ – Newcomers are experiencing challenges with their financial confidence.Ā A recent survey by Interac Corp. (Interac)Ā reveals that starting a new life in Canada can cause a significant drop in financial confidence for newcomers. While a majority (61 per cent) of newcomers surveyed felt […]