The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July. The rate rose to 6.84% from 6.78% last week, mortgage buyer Freddie Mac said ...
Now, bitcoin is at the doorstep of US$100,000, just two years after dropping below US$17,000 following the collapse of crypto exchange FTX. The dramatic rally arrives as industry players expect the ...
Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the impact of such “external shocks,” a senior Commerce Ministry official ...
Statistics Canada says retail sales rose 0.4% to $66.9 billion in September, helped by gains at supermarkets and other grocery stores. The agency says sales at food and beverage retailers increased 3% ...
Roy Gori, chief executive of Manulife Financial Corp., will be stepping down from the role next May after pushing through some significant changes at the insurance giant since taking the helm in 2017.
Basic personal amount: The basic personal amount for 2025 is $16,129 for taxpayers with net income of $177,882 or less. At income levels above $177,882, the basic personal amount is gradually clawed ...
The Canadian Institute of Financial Planning (CIFP) has dropped its $1.2-million lawsuit against FP Canada, which arose after the CIFP’s Chartered Financial Planner designation was approved as a ...
With price pressures cooling this year, the financial confidence of Canadians is stabilizing. But trust in the economy remains shaky, according to a survey conducted by Ipsos. The 2024 IG Wealth ...