Daily News

Source: Financialpost March 12, 2025

'Buy Canada' pressure builds on $2.3 trillion in pension plan cash

The federal government has resisted requiring pensions to invest domestically, though it strongly encourages them toUnited States President Donald Trump’s back-and-forth tariff threats are galvanizing an “invest in Canada” movement that’s prodding pensions t...

Source: Financialpost March 12, 2025

Canadians could be forced to register to stay longer than 30 days in U.S.

The change could impact Canadian snowbirds who will have to register and be fingerprintedPresident Donald Trump’s administration is preparing a new travel rule that could force Canadians planning to stay in the country for more than 30 days to register their...

Source: Financialpost March 12, 2025

Bank of Canada could slash rate below 2% if 'madness continues:' Benjamin Tal

Watch: 'We are toying with a recession,' says deputy chief economist of CIBC World MarketsBenjamin Tal, deputy chief economist of CIBC World Markets, talks with Financial Post’s Larysa Harapyn about how the Bank of Canada could slash the benchmark rate below...

FP Comment Source: Financialpost March 12, 2025

William Watson: One thing the election won’t be about — how to handle Trump

Everyone agrees retaliate and help victims should be our policy. We could debate details. More likely, leaders will just snipe awayConventional wisdom is that the upcoming federal election will be about who can best manage Donald Trump. That would be a waste...

Personal Finance Source: Financialpost March 12, 2025

Tariffs are a tax and the impact will be broader than just higher prices at the checkout counter

Moody: Canada can keep sleepwalking through economic decline, or it can wake up and fix its broken tax systemReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made thro...

Source: Financialpost March 11, 2025

Trump's trade threats are starting to hit Canadian credit market

Investors are demanding a higher premium to hold loonie debtThe tariff throwdown between Donald Trump and Justin Trudeau has slowed Canadian corporate bond sales to a trickle over the past week as investors demand a higher premium to hold loonie debt. We a...

Source: Financialpost March 11, 2025

Royal Bank of Canada cuts undisclosed number of staff amid 'growth strategy'

Cuts unrelated to RBC acquisition of HSBC's Canadian operations last year, says spokesmanTORONTO — Royal Bank of Canada says it has laid off some employees as part of its “growth strategy.” We apologize, but this video has failed to load. Try refreshing yo...

Source: Financialpost March 11, 2025

Tariffs Canada faces now: Keep up with the latest developments in Trump's trade war

Every day there is a new twist in the tale. Financial Post brings you the latest newsUnited States President Donald Trump’s tariff war has become a complicated roller coaster of international trade disputes. We apologize, but this video has failed to load....

Source: Financialpost March 11, 2025

Posthaste: Bank of Canada rate cut 'chicken soup' to economy threatened by Trump's tariffs

Most economists expect another 25 bps reduction Wednesday We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Bank of Canada rate cut 'chicken soup' to economy threatened...

Source: Financialpost March 11, 2025

Bank of Canada expected to cut interest rate on Wednesday as trade uncertainty with U.S. continues

Balancing weaker economic growth but higher inflation, central bank may trim rate by 25 basis points to 2.75 per centThe Bank of Canada is expected to cut its interest rate by 25 basis points on Wednesday, amid trade uncertainty with the United States. We...