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Source: Financialpost December 11, 2024

Here's what's driving the Bank of Canada's next rate cut: CIBC

Deputy chief economist Benjamin Tal talks about the factors guiding central bank policymakersCIBC deputy chief economist Benjamin Tal talks with Financial Post’s Larysa Harapyn about the factors that will influence the Bank of Canada‘s next interest rate dec...

Source: Financialpost December 11, 2024

Diane Francis: If Trump walks all over Canada, it's because Trudeau made it weak

If U.S. president-elect Donald Trump’s joke about making Canada the 51st state touched a nerve, it's because Prime Minister Justin Trudeau has made it seem much more likelyA flurry of satirical articles and angry comebacks followed U.S. president-elect Donal...

Source: Financialpost December 11, 2024

Five options for how the proposed capital gains inclusion rate increase could play out

Kim Moody: The first option is that Ottawa will see the light and abandon it, but that won't happenReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links...

Source: Financialpost December 11, 2024

Canada Post strike hits day 26 as union sends new proposals

Crown corporation said the proposals don't bring the two sides any closer togetherWith the Canada Post strike nearing four weeks, the postal service says it doesn’t see an end in sight. We apologize, but this video has failed to load. Try refreshing your...

Source: Financialpost December 10, 2024

Howard Levitt: Five common employment myths that the courts have debunked

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 The rule is, 'Know your statutes'...

Source: Financialpost December 10, 2024

Economists say Trudeau's government will break fiscal target

13 of 15 economists say Freeland will not meet the fiscal pledges she outlined last yearMost economists say they expect Prime Minister Justin Trudeau’s government will break its self-imposed fiscal constraints as deficits in Canada continue to deepen. We...

Source: Financialpost December 10, 2024

Bets are high for another big cut by the Bank of Canada on Wednesday

Markets are pricing in a 50 basis-point cut to the policy rateThe Bank of Canada is set to make its final policy rate decision of the year on Wednesday, with markets now betting the central bank will make another outsized cut of 50 basis points, bringing the...

Source: Financialpost December 10, 2024

Posthaste: Why top economists are changing their Bank of Canada rate cut forecast

Scotiabank and BMO join pack calling for 50-bps interest rate cut We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Why top economists are changing their Bank of Canada...

Source: Financialpost December 09, 2024

Canada's oilpatch has $24 billion shield against Trump tariffs

The federal government's bet on the Trans Mountain pipeline expansion may pay off sooner than expectedThe expansion of Canada’s Trans Mountain pipeline represented a US$24 billion bid to help the country’s oil producers reduce their near-total reliance on th...

Source: Financialpost December 08, 2024

Canadian Western Bank plunges as results delayed with no explanation

Shares of the Alberta-based bank dropped as much as 12%Canadian Western Bank shares sank after the firm delayed its fiscal fourth-quarter earnings release Friday morning and left investors guessing why. We apologize, but this video has failed to load. Try...