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Donald Trump elected U.S. president in historic comeback. Republican defeats Kamala Harris and will return to pinnacle of global power with his ‘America First’ agenda. 35 Comments. 4 days ago Financial Times. 1 of 250.
What a Trump presidency could mean for Canadian pocketbooks
1 day ago · Article content. To play on a familiar saying: if America sneezes and the world catches a cold, Canada is the first to get sick. As Donald Trump prepares to take office for a second term, Canadians are bracing for a range of policy changes that will inevitably affect our economy — and, by extension, our pocketbooks. While stock and bond markets are already reacting in anticipation of the ...
What Canada's lagging GDP might mean to the Bank of Canada
Oct 31, 2024 · Gross domestic product data released on Thursday suggests Canada’s economy is going to be worse than the Bank of Canada expects. Back to video. An advance estimate from Statistics Canada forecasts September GDP rose 0.3 per cent month over month, while a flat reading for August coupled with a downgrade for July to 0.1 per cent from 0.2 per ...
Fall economic statement: Ottawa's balancing act on housing, high …
Nov 21, 2023 · Finance Minister Chrystia Freeland has signalled that Ottawa will focus on housing and the rising cost of living when it tables its fall economic statement on Nov. 21, but economists say the government faces a delicate balancing act when it comes to how far it can go to tackle those challenges. The two issues have been top of mind for Canadians ...
What economists say about the latest inflation numbers | Financial …
Oct 15, 2024 · Photo by Cole Burston/Bloomberg. Inflation in September was 1.6 per cent, the slowest year-over-year increase in more than three years and well below the Bank of Canada ‘s target of two per cent. The consumer price index (CPI) reading is the last major piece of data before the central bank’s next interest rate announcement on Oct. 23. Here ...
Bank of Canada interest rates: What the economists say - Financial …
Oct 23, 2024 · The Bank of Canada supersized its fourth consecutive interest rate cut to 50 basis points from the standard 25 basis points, bringing its benchmark lending rate below four per cent for the first time in two years. Policymakers started cutting in June, when the rate stood at a more than two-decade high of five per cent.
U.S. inflation rises more than forecast | Financial Post
Oct 10, 2024 · Underlying United States inflation rose more than forecast in September, representing a pause in the recent progress toward moderating price pressures. The core consumer price index — which excludes food and energy costs — increased 0.3 per cent from August and 3.3 per cent from a year ago, Bureau of Labor Statistics figures showed Thursday.
Markets - Financial Post
Markets lower at midday. Canada’s benchmark stock index was falling at midday on Tuesday on renewed fears of a eurozone debt crisis and as commodity prices fell. There was an error, please provide a valid email address. A welcome email is on its way. If you don't see it, please check your junk folder.
Best Mortgage Rates in Canada 2024 | Financial Post
2 days ago · Insurable pricing can often be 10-25 basis points (bps) less than uninsured rates. (One basis point is equal to 0.01 per cent or 1/100th of a per cent.) Quick tip: A 10 bps rate savings keeps over $470 in your pocket over five years, for every $100,000 borrowed with a 25-year amortization.
Infrastructure to fuel economic growth: BlackRock - Financial Post
Oct 1, 2024 · BlackRock Inc. chief executive Larry Fink said infrastructure is a major component to help stimulate growth in every economy and there’s enough capital in the private sector to fund investment. “To me, this is the dawning of infrastructure,” he told Bloomberg Television’s Francine Lacqua in an interview Tuesday on the sidelines of the ...
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