Veterans Food Bank donations down 80%, needs help
The Veterans Association Food Bank in Calgary reports an 80% decline in donations, putting veteran support services at risk. Community assistance urgently needed.
Category : Search result: Bank of Canada
Variable Mortgage Surge: Risks vs Savings
Canadian homeowners are flocking to variable-rate mortgages despite potential rate hikes. Expert analysis reveals whether the upfront savings justify the financial risk in today's uncertain economy.
Economists raise red flags about Q3 GDP blowout
Canadian economy grew at 2.6% annualized in Q3, beating expectations, but economists warn underlying data shows domestic weakness and potential Q4 contraction.
Weak Jobs Data Signals Need for Bank of Canada Rate Cuts
New payroll data reveals Canada's job market is weaker than believed, with 58,000 positions lost in September. Economist David Rosenberg says this cries out for more Bank of Canada rate cuts.
Canada's Big 6 Banks Navigate Risks in Q4 Earnings
Canada's Big Six banks prepare to report Q4 earnings amid trade tensions and private credit concerns. Analysts expect higher EPS but warn of geopolitical headwinds affecting outlook.
Ottawa Food Bank's Success Hinders Government Action
The Ottawa Food Bank's 2025 report reveals a 101% surge in visits since 2019. While a testament to community support, its efficiency may be reducing government urgency to tackle poverty directly.
Canadian Mortgage Rates Flat, No Big Moves Until 2026
Canadian mortgage rates remain stable with no significant changes expected until next year. Borrowers are favoring shorter-term fixed and variable rates. Get the latest rate updates and analysis.
Canada Housing Recovery: 6-Month Sales Increase
Canada's housing market shows steady recovery with sales rising for six of seven months. Alberta leads October gains while national inventory remains balanced at 4.4 months.
Guelph senior loses $15K in bank card scam
Guelph police issue urgent warning after senior loses nearly $15,000 in sophisticated bank card scam. Learn how to protect yourself from financial fraud.
Bank of Canada Q3 Growth Forecast at Risk
Economists warn Canada's Q3 GDP growth may fall short of Bank of Canada's 0.5% forecast, potentially stalling economic momentum amid trade uncertainties and weak data.
UPEI food bank visits surge 60% as costs rise
University of Prince Edward Island campus food bank records dramatic 60% increase in student visits between 2022-2024 as living costs skyrocket. Learn how students are coping.
Canadian Retail Sales Slow to Weakest Pace Since 2024
Canadian retail sales grew just 0.2% in Q3 2025, the weakest pace in over a year. Trade war and slowed population growth impact consumer spending ahead of holiday season.
Variable-Rate Mortgage Savings May Be Ending
Markets now predict only 33% chance of another Bank of Canada rate cut in 2026 as bond yields spike. Learn how this affects mortgage rates and home affordability.
Canada plans looser bank rules to boost business loans
Canada's banking regulator, OSFI, proposes easing capital requirements for business and real estate loans to stimulate investment. Public consultation open for 90 days.
Canada loosens bank rules to boost business loans
Canada's banking regulator proposes easing capital requirements for business and real estate loans to stimulate investment and economic growth. Learn about the 90-day consultation.
Canada's affordability crisis linked to productivity
Bank of Canada deputy governor Nicolas Vincent says solving Canada's productivity problem is key to addressing affordability. Learn how productivity gains boost incomes without inflation.
Halifax charities face crisis as need rises, donations fall
Halifax charities like Parker Street Food and Furniture Bank are experiencing unprecedented demand while community donations decline. Learn how you can help support vulnerable neighbors.
Canada's Inflation at 2.2%, Rate Hold Expected
Canada's inflation rate fell to 2.2% in October, nearing the Bank of Canada's target. Economists predict the central bank will hold interest rates steady at its December meeting.
TD Bank Settles Human Rights Case in Bella Bella Ceremony
Heiltsuk Nation hosts a washing ceremony after TD Bank settles a human rights complaint. Sharif Bhamji was denied service due to his status card. Read about the reconciliation.
Canada's inflation rate slows to 2.2% in October
Canada's inflation rate fell to 2.2% in October, driven by a sharp drop in gas prices. However, core inflation measures remain elevated, a key concern for the Bank of Canada.
TD Bank Settles Human Rights Complaint in B.C.
TD Bank resolves human rights complaint filed by Muslim-Indigenous man denied service at Surrey branch. Settlement marks victory for religious accommodation rights in Canada.
Ex-Bank Manager Admits to $16M Fraud in Edmonton
Former Edmonton bank manager Nick Lysyk pleads guilty to over 60 fraud counts after stealing $16 million from BMO. Discover the full story behind this decades-old crime.
Edmonton bank manager stole $16M in massive fraud
Nick Lysyk, a former Edmonton bank manager, embezzled $16 million from BMO over 20 years ago. Discover how he spent the stolen funds and the investigation that uncovered one of Canada's largest bank frauds.
Calgary Food Bank Receives Massive Baby Formula Donation
The Calgary Food Bank experiences overwhelming response to FormulaWon initiative with massive baby formula donation. Community support reaches new heights in addressing infant nutrition needs.
Ottawa police seek downtown bank robbery suspect
Ottawa police are asking for public help to identify a man suspected of robbing a bank on Laurier Avenue West on October 28, 2025. Authorities have released details about the investigation.
Bank of Canada debated timing of October rate cut
Newly released deliberations reveal Bank of Canada officials debated delaying October interest rate cut. Get insights into central bank's monetary policy considerations.
Bank of Canada Debated Timing of Interest Rate Cut
Bank of Canada considered delaying interest rate cut but opted for October reduction to 2.25% amid soft labour market and trade uncertainty. Read the full analysis.
Orillia arson convict charged with bank disturbance
Brandon Costa, previously convicted for burning down a historic Orillia building, now faces new charges following a bank disturbance incident in January 2025.
Bank of Canada survey points to 2027 rate hike
A Bank of Canada survey reveals financial markets expect interest rates to hold at 2.25% before rising in 2027, with a 35% chance of recession. Explore the key economic forecasts.
Immigration Cuts May Hinder Bank of Canada Rate Relief
Canada's reduced immigration targets could slow population growth to near zero, potentially delaying Bank of Canada interest rate cuts as unemployment may fall faster than expected.
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