Lowest mortgage rates in Canada right now | Financial Post
WEB3 days ago · AB, BC, ON. 5-year fixed. Butler Mortgage. 4.19. MORE INFO. AB, BC, ON. SOURCE: MORTGAGELOGIC.NEWS. The rates displayed on this page are updated by the end of each day and are sourced from the Canadian Mortgage Rate Survey produced by MortgageLogic.news. The lowest nationally available rates are determined based on …
Recession odds in Canada are 'not zero," says Stephen Poloz
WEB6 days ago · Former Bank of Canada governor Stephen Poloz sees recession conditions in many parts of the Canadian economy, as growth fails to keep pace with an increasing population. Canada’s unemployment rate rose to 6.4 per cent in June and ticked up again to 6.6 per cent in August. “These are close to around two percentage points above the low …
Trudeau, Bank of Canada interest rates key to CEO outlook
WEB6 days ago · Leaders currently rate business conditions at 5.9 on a scale of one to 10, where one is poor and 10 is excellent, according to the company’s Canadian CEO Confidence Index. Looking to next year, 42 per cent have upgraded their outlook for business conditions to 6.3, while 40 per cent said they expect business conditions to …
Canada, Quebec give billions of dollars for Telesat satellites ...
WEB6 days ago · Trudeau said Ottawa-based Telesat will invest $4.4 billion back into the Canadian economy through research and development. As well, MDA has broken ground on a 185,000-square-feet expansion of its Quebec facility to meet future demand and “create the most advanced assembly line for satellites in the world,” the prime minister said.
Air Canada reaches deal with pilots' union, averting strike
WEB4 days ago · reached a last-minute pact with the pilots’ union, averting a strike that would have grounded more than 1,000 daily flights worldwide. Air Canada and the Air Line Pilots Association, which represents the company’s more than 5,000 pilots, arrived at a tentative agreement for a new four-year contract, according to a statement.
How to spread the tax liability between spouses? | Financial Post
WEB6 days ago · The concept of a PRL is that the higher-income spouse “lends” money to the lower-income spouse at the Canada Revenue Agency ‘s prescribed rate. This loan allows the lending spouse to shift taxable assets to the lower-income spouse so that they can invest and earn income at lower tax rates. Story continues below.
Trudeau says it's up to Air Canada and union to reach a deal as ...
WEB6 days ago · As the deadline approaches on a potential shutdown of Canada’s largest airline, Prime Minister Justin Trudeau says it’s up to Air Canada and the union to reach a deal to avoid disrupting travellers and businesses. Speaking at an event in Sainte-Anne-de-Bellevue, Que., on Friday, Trudeau said he wouldn’t tip the scales toward either party.
Walmart warehouse workers in Ontario vote to join union, Unifor …
WEB6 days ago · The union says it’s Walmart’s first warehouse to unionize in Canada. Unifor national president Lana Payne says the employees “stood up for their rights” and the union is “excited to get to work on their first collective agreement.”. Unifor’s campaign at Walmart’s facility began in December 2023. The vote was held from Sept. 10 ...
Trudeau’s carbon tax loses support as NDP steps back
WEB6 days ago · Prime Minister Justin Trudeau ’s federal carbon tax lost more support on Thursday after New Democratic Party leaders opened fire on the way he has implemented the levy. Federal NDP Leader Jagmeet Singh said on Thursday that his party disagrees with Trudeau’s approach of exempting fuels favoured in certain provinces and that he wants a ...
U.S. court reverses verdict linked to Ponzi scheme against BMO ...
WEB6 days ago · Photo by Andrew Lahodynskyj / The Canadian Press. A U.S. court has reversed a previous verdict that ordered a subsidiary of the Bank of Montreal to pay US$564 million in relation to a Ponzi scheme. As a result, BMO said it expects to reverse its current provision of about $1.1 billion — including accrued interest — for the case and …
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