Daily News

Economy Source: Financialpost September 27, 2024

Economy to grow moderately, rates to fall below 3% next year: Deloitte

The company's fall economic outlook forecasts interest rates to fall to 3.75% by the end of the yearDeloitte Canada expects economic growth to pick up next year as it forecasts the Bank of Canada to cut its key interest rate below three per cent by mid-2025....

Source: Financialpost September 26, 2024

GTA faces widest housing gap in over 50 years amid soaring population growth

A key factor is municipal red tapeThe Greater Toronto Area‘s (GTA) housing crisis is intensifying, with new data revealing that high municipal fees and prolonged approval processes are driving up the cost of new homes. We apologize, but this video has fa...

Source: Financialpost September 26, 2024

Opinion: If inflation falls again, BoC should cut interest rates 50 points

With inflation down, real interest rates have actually risen a little. The economy is weakening, so tighter monetary policy isn't appropriateBy Steve Ambler and Jeremy Kronick We apologize, but this video has failed to load. Try refreshing your browser,...

Source: Financialpost September 26, 2024

Hard earned truth: Passive investing has changed the game

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 MogoXMoka MogoXMoka Strategies like index funds w...

Source: Financialpost September 26, 2024

Canada's population continues its strong growth despite signs of slowdown

The country added 250,229 people between April and July this year Get the latest from Naimul Karim straight to your inbox Sign Up The population growth rate continues to grow at a decent pace despite showing signs of a slowdown in the latest quarter,...

Source: Financialpost September 26, 2024

Market expert who called the dot-com bubble says this time it's different

Clough sees companies generating the cash flow to justify their swelling share pricesThe stock market’s unrelenting rally this year has claimed its share of celebrity bears, the best known being JPMorgan Chase & Co. market strategist Marko Kolanovic. We...

Source: Financialpost September 26, 2024

Posthaste: Why CIBC thinks jumbo rate cuts are in the cards for the Bank of Canada

And it doesn't have anything to do with the Federal Reserve We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Why CIBC thinks jumbo rate cuts are in the cards for the...

Source: Financialpost September 25, 2024

Big Tech IT Distributor Carahsoft Raided by FBI in Virginia

Federal agents on Tuesday searched the Washington-area offices of Carahsoft Technology Corp., a major distributor of information technology products to government agencies, according to people familiar with the matter.(Bloomberg) — Federal agents on Tuesday...

Source: Financialpost September 25, 2024

U.S. regulators order CIBC to pay US$42 million in employee communications probe

Canadian bank fined the largest amount in probe Get the latest from Naimul Karim straight to your inbox Sign Up Regulators in the United States have ordered the Canadian Imperial Bank of Commerce to pay about US$42 million in penalties for failing to...

Source: Financialpost September 25, 2024

William Watson: Couldn’t we get Amazon or Apple to run the CRA?

You'd think an agency whose job is taking people's money would provide better customer service. So why can't they answer the phone?Dear Prime Minister, We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other...