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Finance

Bank of Canada Faces Uncertainty After Interest Rate Cut

Bank of Canada Governor Tiff Macklem urged caution last week when asked about future interest rate cuts following the central bank's decision to reduce...

Economists Warn of Potential Decline in Canadian Dollar Amidst Diverging Interest Rates

Amidst speculation of potential interest rate cuts by the Bank of Canada (BoC), economists caution that the Canadian dollar (CAD) could face significant downward...

Quebec Faces Historic $11 Billion Budget Deficit Amid Economic Challenges

Quebec's Finance Minister, Eric Girard, unveiled a $158 billion budget revealing one of the province's largest deficits in history, totaling $11 billion. The deficit...

Affordable prices and high spur ‘exodus’ from Canada’s priciest cities

According to a recent report, affordability challenges and increased taxes have prompted homebuyers post-pandemic to exit the largest real estate markets in Canada and...

Bank of Canada Holds Key Interest Rate at 5%, Signals Shift Toward Rate Cut Discussions

Governor Tiff Macklem Indicates Transition in Monetary Policy Focus In a pivotal announcement on Wednesday, 24/01, the Bank of Canada chose to maintain its key...

‘Cash for keys’ offers on the rise in Toronto, real estate professionals say

In Toronto, the practice of landlords offering cash to tenants to vacate their units, known as "cash for keys," has been on the rise,...

Mortgages, Inflation, and Immigration Top Concerns for Canadians in 2024

As the new year begins, Canadians are expressing their concerns for 2024. According to recent polling by Nanos Research, the key worries revolve around...

SEC authorizes Bitcoin-spot ETFs in crypto’s big breakthrough

In a major breakthrough for the cryptocurrency market, U.S. regulators have given the green light for exchange-traded funds (ETFs) directly investing in Bitcoin. This...

TFSA Contribution Limit Increases For 2nd Year In A Row

Canadians are set to enjoy a higher contribution limit for their Tax-Free Savings Accounts (TFSA) in 2024, as confirmed by Finance Canada. The TFSA limit...

Fall Economic Statement 2023: Where is the money going?

Finance Minister Chrystia Freeland presented the fall economic report on November 21, providing Canadians with an update on the country's financial situation and introducing...

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