Daily News

Source: Financialpost March 15, 2025

Bank of Canada will cut interest rates 2 to 3 more times by the summer, economists say

Central bank seen reducing rates as low as 2% as Trump's tariff war rocks economyThe Bank of Canada cut interest rates by 25 basis points to 2.75 per cent — the seventh consecutive reduction — as it finds itself grappling with uncertainty created by United S...

Source: Financialpost March 15, 2025

Trump's tariffs on goods may be a prelude to tariffs on money

Capital inflows could be the Trump administration's next targetThis month, many investors feel dazed and confused. No wonder: as the U.S. government flirts with another shutdown and U.S. President Donald Trump intensifies his trade war, indices of economic u...

Source: Financialpost March 15, 2025

Alberta has nearly six times the natural gas it thought, putting Canada among world's top 10

'We're Texas-sized as far as gas goes; we've got some big numbers' — Alberta Energy Minister Brian Jean Get the latest from Meghan Potkins straight to your inbox Sign Up Alberta’s proven natural gas reserves have increased nearly sixfold to 130 trilli...

Source: Financialpost March 15, 2025

CRA’s 'stupid mistake' compels taxpayer to pay taxes on an extra $53,258

Jamie Golombek: Tax Court case illustrates the importance of tracking every tax slipReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. I...

Economy Source: Financialpost March 15, 2025

Alison Simpson: Canada's hidden internal trade walls need to come down to improve the economy

Every year Canada fails to act on internal trade reform is another year businesses remain shackled by restrictionsBy Alison Simpson We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team....

Source: Financialpost March 14, 2025

Canadians hit tipping point on tips, say they are too high and too pushy

Average consumer thinks 9% is appropriate, far below the typical gratuity promptReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Most...

Source: Financialpost March 14, 2025

Canadians get wealthier again, hitting a new high of $17.5 trillion — but trade storm clouds loom

Household net worth ended the year with nearly $1.2 trillion in added wealth compared with the end of 2023, Statistics Canada saidTotal household net worth rose in all four quarters of 2024, hitting $17.495 trillion in the latest quarter, according to Statis...

Source: Financialpost March 14, 2025

Canada faces a recession followed by 'long, long recovery' if 25% tariffs stick: Desjardins CEO

Watch: Guy Cormier talks about what could lie ahead for Canada in Donald Trump's trade warGuy Cormier, chief executive of Desjardins Group, talks with Financial Post’s Larysa Harapyn about what could lie ahead for Canada in Donald Trump’s trade war. We apo...

Source: Financialpost March 14, 2025

Empire says sales of U.S. products 'rapidly' dropping

The Stellarton, N.S.-based company typically sourced 12% of products from the U.S. by dollar value, but that number is fallingCanada’s second-biggest supermarket company said a boycott of U.S. goods is quickly taking hold in reaction to United States Preside...

FP Comment Source: Financialpost March 14, 2025

Opinion: How to counter a chaos strategist

Often underestimated, Donald Trump in fact follows the classic rules strategy. We need to respond with twists of our ownBy Ian Robertson We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our t...