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Source: Financialpost November 30, 2024

Canadian business groups urge Ottawa to intervene to resolve Canada Post strike

Canadian Chamber of Commerce and provincial counterparts decry "yet another blow" to supply chainsThe Canadian Chamber of Commerce, along with its provincial counterparts, are urging government officials to take immediate action to resolve the ongoing Canada...

Source: Financialpost November 30, 2024

Mortgage borrowers will foot the bill for government GST cuts and other rebates

Robert McLister: If you’re in a variable mortgage, Ottawa’s new handouts could pick your pocket in 2025“What thy government giveth, thine bond market taketh away.” We apologize, but this video has failed to load. Try refreshing your browser, ortap here to...

Source: Financialpost November 29, 2024

Mark Carney says Canada's immigration policy suffered ‘failures of execution’

Country took in more newcomers than economy could handle; now it's time to get 'back on track'Former Bank of Canada governor Mark Carney says that Canada has experienced “failures of execution” when it comes to immigration policy in recent years, taking in m...

Source: Financialpost November 29, 2024

TD Bank, BMO in spotlight as Canada's big banks get set to report earnings

Loan loss provisions for the Big Six lenders will likely preoccupy investors Get the latest from Naimul Karim straight to your inbox Sign Up From Toronto-Dominion Bank’s growth restrictions to Donald Trump’s election in the United States to the drasti...

Source: Financialpost November 29, 2024

Anti-woke sentiment creeps into workplaces as views on DEI start to sour, research shows

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 Workers' opinions on such measure...

Source: Financialpost November 29, 2024

Opinion: Sorry, your life savings are in the mail

The postal strike is an eye-opener on how even in 2024 many large Canadian financial institutions still transfer money with chequesBy Mike Katchen We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos...

Source: Financialpost November 29, 2024

Canada Post temporarily laying off striking workers, union says

CUPW called the layoffs a 'scare tactic'Canada Post Corp. has laid off some of its striking postal workers as labour talks with the union stall. We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos f...

Source: Financialpost November 27, 2024

Bank of Canada deputy warns pushing inflation below 2% comes with big risks

Deflationary cycle can be extremely difficult to escape, says Rhys MendesThe Bank of Canada is warning against inflation falling below the central bank’s two per cent target, which could lead to a deflationary cycle and pose a big risk to the economy. We...

Source: Financialpost November 27, 2024

Opinion: Supply management’s days may be numbered. Good!

If only U.S. pressure will force us to ditch a system that lets industry set its own output levels and therefore prices, well, so be itJust when the Americans have elected an aggressive president and just before the Canada-U.S.-Mexico Agreement (the old NAFT...

Source: Financialpost November 27, 2024

Bank of Canada, Fed should focus on rising delinquencies, defaults, bankruptcies 'before it's too late'

Rosenberg Research: Central banks need to cut rates more with bankruptcy trends on the rise amid too-tight lending standardsDespite the cumulative 75-basis-point cut by the United States Federal Reserve since September and the 125-basis-point cut by the Bank...