Edmonton grapples with $52-million budget hole
Edmonton confronts a $52.3 million structural budget deficit, threatening its financial reserves and city services. Officials warn of potential service cuts and fee increases.
Category : Search result: US Federal Reserve rate cuts
Veterans Face Budget Cuts and Policy Changes Under Carney
Robert Smol alleges Prime Minister Mark Carney's government is systematically dismantling veteran support through budget cuts and legislative changes. Veterans urged to organize and protest.
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.
Saskatoon approves property tax increases for 2026-27
Saskatoon City Council has finalized mill rate increases of 6.7% for 2026 and 5.81% for 2027 after four days of budget deliberations. Learn how these changes will affect residents.
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.
Stephen Miller's 30% Inflation Claim Sparks Fury
Trump aide Stephen Miller faces criticism for claiming 30% inflation under Biden. Fact-checkers reveal the peak was 9.1%. Read the full fact-check and reaction.
Languages Commissioner Concerned About Federal Budget Cuts
Official Languages Commissioner Raymond Theberge expresses serious concerns about federal budget reductions impacting language services across Canada. Learn more about the potential consequences.
Budget cuts threaten bilingual public services: watchdog
Official Languages Commissioner Raymond Théberge warns federal budget cuts could erode language rights and bilingual services. Learn how this impacts Canadians.
Alberta's Credit Delinquency Rate Highest in Canada
Alberta's economy leads Canada with 2.3% GDP growth, yet residents face highest credit delinquency rates at 2.31%. Discover the surprising economic paradox.
TSX surges 440 points amid Federal Reserve rate cut optimism
Canadian markets rallied strongly with S&P/TSX composite gaining over 440 points as investor optimism about potential Federal Reserve rate cuts boosted sentiment. Discover the market drivers.
Windsor-Essex living wage rises 6.2%, highest in Ontario
Windsor-Essex experiences Ontario's largest living wage increase at 6.2%, reaching $20.67 hourly. Discover how this impacts local workers and families.
McGill axes varsity sports teams in sweeping overhaul
McGill University discontinues more than a dozen varsity sports teams, including track and field, citing budget pressures and facility limitations. Learn about the impacted programs.
Ottawa's Beef Import System Keeps Prices High
An exclusive investigation reveals how Canada's outdated beef import permit system, controlled by a small group, is deliberately keeping prices high for consumers. Learn the facts.
Record 25% of US Unemployed Hold College Degrees
A historic 25% of unemployed Americans now hold bachelor's degrees, with youth and white-collar workers facing the toughest job market since 1992.
Gold Recovers After Fed Signals Potential December Rate Cut
Gold prices trimmed losses after Federal Reserve signals potential interest rate cut. Swap traders now price 68% chance of December reduction as bond yields fall.
Regina forecasts 15.69% mill rate increase for 2026
Regina residents face significant property tax increases as city administration reveals 15.69% mill rate hike in preliminary 2026-27 budget documents. Learn what's driving the proposed increases.
Nvidia, Bitcoin Plunge Erases Wall Street Gains
U.S. stocks experienced a dramatic reversal, erasing a major morning surge as Nvidia and cryptocurrencies led a sharp sell-off. Discover the factors behind the market's volatility.
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.
US Adds 119K Jobs, Unemployment Rises to 4.4%
US employers added 119,000 jobs in September as unemployment rose to 4.4%. Delayed report reveals economic strain from high interest rates and trade uncertainty.
Trump threatens to fire Treasury Secretary over interest rates
President Donald Trump joked about firing Treasury Secretary Scott Bessent if interest rates don't drop, while escalating his criticism of Fed Chair Jerome Powell at the U.S.-Saudi Investment Forum.
Trump's Reality Distortion Field Intensifies
Donald Trump's recent speech revealed deepening detachment from reality as he offered Fed jobs, claimed he could beat Washington-Lincoln ticket, while Epstein files loom. Read the unfolding political drama.
Mortgage delinquency rate falls first time in 3 years
Canada's mortgage delinquency rate declines for the first time since 2022, signaling potential relief for homeowners amid economic pressures. Learn what this means for the housing market.
Government insists public service cuts will be minimal
Government House Leader Steven MacKinnon confirms federal public service reductions will be minimal while addressing Liberal budget survival and policy stance. Read the latest developments.
Winnipeg group concerned about Manitoba Hydro rate hikes
A Winnipeg advocacy group expresses alarm over proposed Manitoba Hydro rate increases. Learn how these changes could impact your energy bills and what options are available.
PSAC: Federal workers to learn layoff details shortly
Public Service Alliance of Canada reveals federal employees will receive potential layoff information shortly. Stay informed about government workforce changes.
PSAC: Public service layoff notices coming 'shortly'
PSAC warns 30,000 federal job cuts will devastate public services. Union urges Parliament to reject austerity budget as layoff notices loom.
London mayor pushes back against tax rate reduction
London Mayor faces opposition from Coun. Susan Stevenson seeking deeper tax cuts in 2026 budget. Get the latest on municipal financial debates.
Fed's Lisa Cook Denies Mortgage Fraud Allegations
Federal Reserve Governor Lisa Cook's lawyers dispute mortgage fraud claims in letter to Attorney General. Trump seeks first-ever removal of Fed governor in 112-year history.
U.S. Stocks Fall as AI Rally Falters
The U.S. stock market declined sharply as Nvidia and other AI-focused stocks retreated. The Dow dropped over 550 points. Read more on the market shift and what's next.
Federal Transit Funding Cut Derails Canadian Cities
Canada's $3-billion annual Public Transit Fund has been absorbed into a new fund, weakening federal support and jeopardizing transit expansion plans across the country.
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