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Source: Financialpost October 16, 2024

5 of 6 big Canadian banks see jumbo rate cut after surprisingly soft inflation

TD Bank is now the only major lender to see the odds of either a 25 or 50 basis-point cut next week as a coin flipAll but one of Canada’s six biggest lenders now expect the central bank to cut borrowing costs by half a percentage point after inflation cooled...

Economy Source: Financialpost October 16, 2024

Inflation for September eases to 1.6%, below the Bank of Canada's target rate

Drivers pay lower prices for gasoline than they did last yearCanada’s inflation rate fell to 1.6 per cent in September, dropping well below the Bank of Canada’s two per cent target and increasing bets that the central bank will accelerate cuts to its policy...

Source: Financialpost October 15, 2024

'A new weather reality': Rising cost of insurance hits pocketbooks

This summer proved to be the costliest season for natural disasters in Canadian history Get the latest from Gabriel Friedman straight to your inbox Sign Up This summer proved to be the costliest season for natural disasters in Canadian history, with m...

Source: Financialpost October 15, 2024

Canada-India Feud Erupts After Police Accuse Modi Diplomats

Canada and India expelled each others’ most senior envoys, dramatically widening their rift as Canadian police leveled sweeping allegations that Indian diplomats and agents are implicated in “escalating” homicides and extortion.(Bloomberg) — Sign up for the ...

Source: Financialpost October 15, 2024

Sick of home-owner stress, retirees can invest windfall from sale

Martin Pelletier: Downsizing doesn’t have to mean giving up control over how you live to strangersRetirement brings for many the need to simplify. And a trend in paring down has even hit close to home within my own family. We apologize, but this video ha...

Source: Financialpost October 15, 2024

Brutal Acid Attack Prompts Executive to Hunt Down His Assailants

It was a cold and sunny Sunday morning on March 4, 2018, and Bernhard Günther spotted snowflakes as he walked through Haan, a quiet and leafy suburb of Düsseldorf. The area is called Musikantenviertel, or musicians’ quarter, for the street names that pay hom...

Source: Financialpost October 14, 2024

Bank of Canada survey shows business, consumer sentiment remains low

High interest rates and costs continue to weigh on CanadiansThe Bank of Canada says business and consumer sentiment remained low during the third quarter of this year, citing high interest rates and higher costs as the main reasons. We apologize, but thi...

Source: Financialpost October 14, 2024

Howard Levitt: Small differences in provincial ESAs lead to big differences in court

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by Workday Workday B.C. case highlights differences...

Source: Financialpost October 14, 2024

Mortgage hunters are banking on a big drop in rates, but be warned — they could yo-yo

Robert McLister: The latest increases may have people on edge, but the real suspense is all about what comes nextMortgage rates can often be disappointing. Case in point: today’s. Us commentators have been talking about diving rates for months, and yes, they...

Source: Financialpost October 13, 2024

Trump promises to end 'double taxation' of expat-Americans. What would this mean for Canada's dual citizens?

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by BMO Global Asset Management BMO Global Asset Managem...