Daily News

Source: Financialpost August 09, 2024

Air Canada blames Paris Olympics for hurting sales this summer

Canada's biggest airline reports 47% profit drop, stung by softening demand in key marketsAir Canada reported a 47 per cent decline in quarterly profit, stung by softening demand in key markets including France, which some travellers are avoiding this summer...

Source: Financialpost August 09, 2024

Restaurant Brands International beats analysts’ expectations, thanks to Tim Hortons

Consumers around the world are pulling back from dining out as they cope with elevated pricesRestaurant Brands International Inc. released its second quarter earnings Thursday, beating analysts’ expectations thanks to the strong performance of its Tim Horton...

News Source: Financialpost August 09, 2024

Posthaste: Canada is in the grips of a 'Me-cession' — and it's especially bad in Alberta

The economy has managed to dodge a recession, so why are we behaving like we're in one? We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada is in the grips of a '...

Source: Bankofcanada August 08, 2024

Bank of Canada engages experts to assess internal review of exceptional policy actions during pandemic

The Bank of Canada announced today the names of three external experts who will provide an independent assessment of its review of exceptional policy actions taken d...

Source: Financialpost August 08, 2024

Britain to announce plans to create 'Canadian-style' pension model

Chancellor in Toronto today to meet bosses of Canada's big pension plansChancellor Rachel Reeves will meet bosses of big pension schemes in Toronto on Wednesday, as she seeks to create a “Canadian-style” model in the United Kingdom with massive retirement fu...

Source: Financialpost August 08, 2024

Working from home doesn't always mean working from ‘home,’ survey finds

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 43% have worked from either a cot...

Source: Financialpost August 08, 2024

Matthew Lau: Liberals’ anti-Poilievre website highlights his policy strengths

A website meant to denigrate the Conservative leader's record in fact shows he supports better policies for Canada than they doThe Liberal Party, consistent with its tendency in government to waste taxpayers’ money on useless or preposterous initiatives, als...

Source: Financialpost August 08, 2024

Joe Oliver: Four critical endgames are looming that could change the world

U.S. election, Liberals' death throes, growing climate pushback and the Middle East crisis will transform our timesAround the world, endgames are looming in four high-stakes political, environmental and military disputes. The results will resonate well beyon...

Source: Financialpost August 08, 2024

Mortgage renewals and population uncertainty weigh on Bank of Canada, deliberations show

Minutes reveal officials reached 'clear consensus' on more rate cuts if inflation behavesThe Bank of Canada’s governing council has shifted its focus to downside risks to inflation and is concerned about the impact mortgage renewals and population growth unc...

Source: Bankofcanada August 07, 2024

Summary of Governing Council deliberations: Fixed announcement date of July 24, 2024

This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on July 24, 2024. This...