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.
Category : Search result: rate cuts
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.
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.
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.
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.
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.
Inflation expected to fall in October due to gas prices
Economists project Canada's annual inflation rate declined in October, driven by a significant drop in gasoline prices. Get the latest analysis on the cost of living.
U.S. Futures Drop on Fading Rate-Cut Expectations
U.S. stock futures decline as investors reassess the likelihood of a December interest rate cut. Stay informed on the latest market movements and economic indicators.
Foreign-born mothers prevented steeper Canadian birth decline
Statistics Canada reveals immigrant mothers prevented sharper birth rate decline since 2010. Learn how immigration shapes Canada's demographic future and population trends.
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.
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.
2,600 jobs available in midwestern Ontario
Midwestern Ontario sees 2,600 job openings as unemployment rate declines. Manufacturing sector leads hiring surge with opportunities across multiple industries.
Canada's October Jobs Report: Key Economic Insights
Statistics Canada releases crucial October employment data that could shape economic policy and interest rate decisions. Get the latest on unemployment rates, job creation trends, and what it means for Canadian households.
Conestoga College cuts programs and jobs amid enrollment drop
Conestoga College announces significant restructuring with program eliminations and staff reductions following concerning enrollment trends across multiple campuses.
Federal Budget Cuts Hit Ottawa Services
Ottawa faces significant service reductions as federal budget cuts take effect. From healthcare to infrastructure, discover how these changes will impact residents and local businesses across the National Capital Region.
Indigenous CEO Seeks Private Capital After $2.3B Cuts
Prominent Indigenous entrepreneur calls for urgent private sector investment following massive federal funding cuts that threaten to reverse years of economic advancement for First Nations communities.
Bank of Canada Job Cuts Under Carney Revealed
Exclusive look at how Mark Carney's Bank of Canada implemented major workforce reductions while managing economic stability. Discover the untold story behind the central bank's restructuring during a critical economic period.
Trump NYC Court Battle Meets Adams Migrant Crisis
Former President Donald Trump's Manhattan court appearance coincides with mounting pressure on NYC Mayor Eric Adams as the city grapples with overwhelming migrant influx and budget concerns.
Leamington-Windsor Transit Route Cancelled Sparks Concern
Windsor-Essex faces a major transportation setback as the crucial Leamington-to-Windsor transit route gets cancelled, leaving rural residents stranded and advocates demanding solutions.
Mulcair: Budget Threatens Urban Forests
Former NDP leader Tom Mulcair sounds the alarm on federal budget cuts that could decimate Canada's urban forests and environmental protection programs.
Vancouver Park Board Fights Mayor's Budget Cuts
Vancouver's elected Park Board is taking a stand against city-imposed budget reductions that threaten community services, programs, and maintenance across local parks and recreation facilities.
28,000 Federal Jobs Face Cuts in New Budget
Canadian federal unions express alarm over lack of details in budget plan calling for massive public service reductions, warning of service delivery impacts across the nation.
Federal workforce faces major cuts in government savings plan
Canada's top public servant confirms significant program and staffing reductions ahead as Liberal government seeks $15.4 billion in savings, impacting federal services across departments.
Ottawa Mayor Warns of Public Service Cut Impacts
Ottawa Mayor Mark Sutcliffe voices serious concerns about potential federal public service reductions, warning of devastating economic impacts on the National Capital Region and local businesses.
Canada Slashes Immigration Targets in 2025 Budget
Ottawa unveils significant cuts to temporary resident numbers and permanent immigration targets in the 2025 federal budget, marking a dramatic shift in Canada's immigration strategy.
American Airlines Cuts Management at Texas HQ
American Airlines is eliminating hundreds of management positions at its Fort Worth headquarters as part of a sweeping corporate restructuring plan aimed at streamlining operations and reducing costs.
Liberals Tackle Youth Affordability with Tax Cuts & Reforms
The Canadian government unveils sweeping measures to tackle youth financial struggles, including employment incentives, tax relief, and banking fee reforms aimed at younger generations.
Canada cuts foreign aid, research funding to pre-pandemic levels
The Canadian government is implementing significant budget cuts to international assistance and academic research, returning spending to 2019 levels amid fiscal constraints.
Canada Cutting 28,000 Public Service Jobs by 2029
The Canadian government plans to eliminate 28,000 public service positions over five years through attrition and spending reductions, continuing workforce optimization efforts.
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