Category: Finance
Canada’s recovery strength depends on how quickly Canadians spend large cash hoards: Bank of Canada.
In 2020, Canadians on average reduced their spending by $4,000 due to the pandemic, according to Deputy Governor Lawrence Schembri.
Trudeau will limit new spending as part of the fiscal update on December 14th.
This will cover the latest information on the nation’s financial condition.
Gold prices remain steady as focus turns to PCE test, while copper declines amid weak China PMIs.
Gold prices remained stable during Asian trading hours on Friday, as traders stayed cautious ahead of key U.S. inflation data that is expected to
Goldman Sachs cuts U.S. growth projections, warning consumers of a tougher path ahead than anticipated.
Spending has been impacted by the Delta variant, with fading fiscal support and ongoing supply-chain disruptions.
Business owners worry that Justin Trudeau will raise taxes to fund his housing gamble
The government plans to unveil its budget on Tuesday, with at least $46 billion allocated towards various measures so far.
What Economists Say About GDP: The Crystal Clear Sign from Bank of Canada
Economic indicators suggest that the economy may have already entered a recession, potentially bringing interest rate hikes to an abrupt halt. The US GDP
Ulta, Meta, Stryker, and Inari Medical Move Heavily in After-Hours Trading Sessions
Here’s the rewritten summary:
In today’s after-hours trading session update from Asking for a Trend, host Josh Lipton breaks down top stocks making
Canada needs an immediate GST holiday to boost its economy this Christmas season
A GST reduction could incentivize consumers to visit physical stores once again. This in turn may unlock a portion of the personal savings that
Canadians may face increased tax burdens due to governments’ alleged pandemic overspending, according to a recent report.
CD Howe Institute authors argue that a lack of transparency in Canada’s budget process has left governments unaccountable for their spending decisions,
Rogers family to meet with board and outside advisors to address company drama concerns.
Family Feud Erupts at Canadian Telecom Company Rogers After Chairman’s Failed Coup Attempt in September Divided the Family Into Opposing Sides