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CANADIAN RATE CUT
How global scammers use US tech to fleece peopleIndian scammer Safeer Koorimannil reveals how AI from American tech giants fuels global fraud rings in Myanmar. Trafficked to a scam center...- Cleaner-looking lakes are not always better; as freshwater turns brown across North America and Europe, trout, bass, perch and whitefish declineFreshwater lakes across North America are turning a tea-like brown due to increased dissolved organic carbon, driven by climate change and ...
- Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
- A Canadian lake shaped like an emoji suddenly drained dry in a geological event rarely seen on EarthLake Rouge in Quebec catastrophically drained in May 2025 due to a landslide and outburst flood, leaving a barren crater. This rare event w...
- War revives stagflation dangers for global economyGlobal economic outlook faces uncertainty as seven weeks of Middle East conflict impact growth and inflation. Business surveys from Austral...
- Charting the global economy: War fuels inflation, saps sentimentSurging fuel costs from the Iran war are driving a rapid increase in global inflation and a significant drop in consumer confidence.
- Bank of Canada cuts rates to 2.5%, says ready to cut again if risks riseThe Bank of Canada has lowered its key interest rate to 2.5%, a three-year low, citing a weak job market and reduced inflation concerns. Th...
- Bank of Canada cuts interest rate to 2.5% as GDP shrinks, job market softensBank of Canada has reduced its key interest rate to 2.5% amidst growing economic concerns. Governor Tiff Macklem cited job losses, a GDP dr...
- Canadians poured billions into US bonds in April despite Trump's tariffs scare — only to see $58 billion vanishCanadian investors had significantly increased their holdings of US government bonds in April, reaching the highest monthly purchase since ...
- Will Canada’s new tax cut change your life, or just cover your coffee? Here’s what you’ll saveThe Liberal government's tax cut aims to save Canadian families money. An average family might save $280 next year. The tax cut lowers the ...
- Will your mortgage get cheaper? Bank of Canada may cut interest rates soonCanada's central bank may reduce interest rates soon. The announcement is expected on June 5, 2025. This could lower mortgage payments and ...
- Income taxes rattle Canada: Rich Californians pay an average of 10%, while Canadians pay 70% moreCanadians will see a slight income tax cut in July, reducing the average tax burden from just over 17% to just below. While income taxes va...
- Canada's $27 billion gift for taxpayers: New Cabinet announces major tax cut for 22 million middle-classFollowing the unveiling of a new cabinet, Canada has announced a significant personal income tax cut as one of the government's top legisla...
- US President Trump is getting the lower interest rates he demanded from everyone but the FedPresident Trump sees global interest rates dropping, but the strong U.S. economy and his policies lead the Federal Reserve to diverge from ...
- Dollar supported as bets on 2025 rate cuts evaporateThe dollar held near recent peaks ahead of an expected U.S. interest rate cut, with traders raising long-term rate assumptions. The euro an...
- The strongest major currency of 2019 could stall out in 2020'The key risk is the BOC, which tends to talk more dovishly whenever CAD shows material strength'
- PNB cuts interest rates on most NRI depositsState-owned lender PNB has slashed interest rates on most NRI deposits of foreign curency denominations.
- Bank of Canada slashes rate, confirms recessionThe Bank of Canada lowered its key interest rate by 0.75 point to 1.50 per cent and said the Canadian economy had slid into recession amid ...
- Bank of Canada cuts interest rateCanada's central bank cut its key interest rate by a quarter-point on Tuesday, saying Canada needs the stimulus to ward off the effects of ...
- Bank of Canada cuts interest rateCanada's central bank cut its key interest rate by a quarter-point on Tuesday, saying Canada needs the stimulus to ward off the effects of ...
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