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Source: Financialpost October 26, 2024

Variable mortgage rates are falling, but fixed rates aren’t ready to follow suit

Robert McLister: In order for them to fall much more, markets need to believe inflation will substantially undershoot target and unemployment will spikeBond traders nailed Wednesday’s 50 basis point Bank of Canada rate cut like a Vegas bookie who knows the f...

Source: Financialpost October 26, 2024

Got email from the CRA? Make sure you check it or you could end up paying — big time

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 BMO Global Asset Management BMO Global Asset Managem...

Source: Financialpost October 26, 2024

Posthaste: Canada's interest rates could fall more than many on Bay Street think

Economy shooting off too many troubling flares for this pair of prognosticators We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada's interest rates could fall mo...

Source: Financialpost October 25, 2024

Opinion: Want to help solve Canada's housing crisis? Move

The latest StatCan data reveal Canadians are leaving the priciest cities and moving to rural areas, reversing the traditional trendBy Wendell Cox We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos...

Source: Financialpost October 25, 2024

Size of Ottawa's cuts to immigration targets takes business by surprise

Reduction was expected, but not a reduction of more than 20% Get the latest from Naimul Karim straight to your inbox Sign Up Businesses and economists were taken by surprise when Justin Trudeau’s government significantly reduced Canada’s annual immigr...

Source: Financialpost October 25, 2024

Posthaste: Canada drops in global ranking after hike to capital gains tax

Country falls to 17th out of 38 nations for tax competitiveness We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada drops in global ranking after hike to capital...

Source: Financialpost October 25, 2024

Jumbo rate cut in December 'almost a given': CIBC's Benjamin Tal

Tal: Inflation 'behaving extremely well'Benjamin Tal, deputy-chief economist at CIBC Capital Markets, talks with the Financial Post’s Larysa Harapyn about the Bank of Canada‘s next moves and where the interest rate may ultimately end up. We apologize, bu...

Source: Bankofcanada October 24, 2024

Monetary Policy Report—October 2024

October 2024 Available as: PDF...

Source: Financialpost October 24, 2024

Opinion: Ottawa’s pharmacare plan looks grim for diabetics

Fifty-two diabetes medications are covered by public or private plans across the country. Ottawa's opening offer to provinces is just 18By Nigel Rawson and John Adams We apologize, but this video has failed to load. Try refreshing your browser, ortap her...

Source: Financialpost October 24, 2024

Bank of Canada cuts interest rate by half point to 3.75%

Further reductions should be expected, says Tiff MacklemThe Bank of Canada dropped its policy rate by 50 basis points on Wednesday, bringing the interest rate down to 3.75 per cent, as policymakers try to keep inflation near their target with a fourth consec...