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Source: Financialpost December 03, 2024

Layoffs could be on the table for public servants. Here's everything you need to know

Federal government undertaking multi-billion dollar spending review to "refocus" parts of budgetThe federal government is currently looking for ways to tighten its budget and curb the size of the public service. In order to do that, it’s undertaking a multi-...

Source: Financialpost December 03, 2024

The Canadian dollar vs. Donald Trump: How low can a slumping loonie go as the Trump trade plays out?

The dollar is hovering around 71 cents U.S. with presidential inauguration still two months awayThe Canadian dollar has been steadily declining over the past couple of months — a drop many economists and currency experts have linked to the rising expectation...

Source: Financialpost December 03, 2024

Are we looking at the mother of all stock bubbles?

U.S. stocks have never been so overhyped by investors, relative to the rest of the worldThe idea of America as an exceptional nation, superior to its rivals and therefore destined to lead the world, seems passé to most observers. In political, diplomatic and...

Source: Financialpost December 03, 2024

Canada Post strike to cost small businesses $1 billion as calls for action mount

'It's not the Grinch who is about to steal Christmas. It's Ottawa sitting idly on the sidelines,' CFIB statement saysReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases m...

News Source: Financialpost December 03, 2024

Posthaste: Profit and investment plunge signals trouble for Corporate Canada

Net income for non-financial corporations drops to lowest levels since pandemic We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Profit and investment plunge signals t...

Source: Financialpost November 30, 2024

Economy undershoots Bank of Canada forecast with 1% growth in third quarter

Result leaves chances of a jumbo interest rate cut at 50-50Canada’s economy grew at an annualized rate of one per cent in the third quarter, below the Bank of Canada’s 1.5 per cent forecast, but in line with what some economists were expecting. We apologi...

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

Posthaste: Canada retreats from the edge of the mortgage renewal cliff, TD Bank says

Lower interest rates and actions of diligent homeowners mean 'renewal shock is not as worrisome' We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada retreats from...

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...