Best Mortgage Rates in Canada 2024 | Financial Post
2 days ago · Canada’s mortgage market is changing all the time. Bookmark this page to find the top national insured and uninsured mortgage rates, updated daily, based on data from MortgageLogic.news. Postmedia and Imaginative.Online Inc., parent of MortgageLogic.news, are compensated by certain mortgage ...
Higher-income earners will contribute more to CPP, but get more …
Nov 9, 2023 · Before sharing the new 2024 figures, let’s review the basics. The CPP is a mandatory contributory pension plan that covers nearly all Canadian workers, other than those in Quebec, who are covered by the Quebec Pension Plan (QPP). The CPP provides basic income replacement for its contributors and their families when …
Will striking Canada Post employees be forced back to work?
Nov 20, 2024 · Here’s the latest on the ongoing talks between Canada Post and CUPW and the nationwide mail strike’s impact on customers. Find out more.
Bank of Canada cuts interest rates: Read the official statement
Oct 23, 2024 · The Bank of Canada today reduced its target for the overnight rate to 3.75 per cent, with the Bank Rate at 4 per cent and the deposit rate at 3.75 per cent. The Bank is continuing its policy of balance sheet normalization. The Bank continues to expect the global economy to expand at a rate of about 3 per cent over the next two years.
IMF sees Canada as fastest growing economy in G7 in 2025
Jul 17, 2024 · Financial Post. The projection for global growth remains the same at 3.2 per cent this year, and slightly higher for next year at 3.3 per cent, revised up from 3.2 per cent growth projected in April.
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The Canadian dollar is trading at lows not seen in years - Financial …
Oct 31, 2024 · The loonie fell further on Tuesday, and continued to inch down on Wednesday, closing at 71.86 cents US. The lower loonie should help industries like tourism because it can encourage more Americans to travel north to get more bang for their buck, but for anyone travelling to the United States, or buying things in U.S. dollars, it means paying more.
Crescent Point is changing its name after CEO's overhaul
Mar 20, 2024 · For chief executive Craig Bryksa, who took the reins in 2018, the change marks the culmination of his push to turn a producer with a reputation for excessive dealmaking and a grab bag of assets in Saskatchewan, Utah and North Dakota into a disciplined driller focused squarely on two Alberta oil and gas plays.
Canada recession will be worse than other advanced nations: …
Jan 2, 2024 · Oxford Economics. The first theme is a moderate recession followed by a muted recovery. Oxford believes the recession started in Canada in the third quarter of 2023 and will continue until the second quarter of 2024, resulting in a 1.1 per cent peak to trough decline in gross domestic product.