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.
Category : Search result: US Federal Reserve rate cuts
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.
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.
Federal Budget 2025: Public Service Job Cuts Loom
The upcoming 2025 federal budget reveals significant public service reductions. Discover how these cuts will impact government operations and what it means for federal employees across Canada.
Gold Slumps as U.S. Dollar Powers Higher Amid Rate Fears
Gold markets face significant pressure as the U.S. dollar strengthens and Federal Reserve rate cut expectations fade. Discover how this impacts Canadian investors and what's next for precious metals.
AI Stock Rally Fades as Global Markets Slump
Global markets retreat as early AI-driven gains evaporate. Asian and European stocks decline while investors await key economic data and Federal Reserve signals.
Budget 2025 Cuts Intelligence Watchdog Funds
Canada's 2025 federal budget reveals significant cuts to intelligence oversight agencies, raising concerns about transparency and accountability in national security operations.
Ottawa Public Servants Brace for Federal Budget Cuts
As the federal budget approaches, Ottawa's public sector workers face uncertainty with anticipated spending reductions and potential workforce changes that could reshape the capital's economic landscape.
U.S. GDP Slowdown: Beyond Stock Market Effects
The latest U.S. GDP figures reveal deeper economic troubles that extend far beyond Wall Street. Discover how slowing growth, persistent inflation, and consumer strain could impact the broader economy and your financial future.
Canadian Military Targets 400,000 Reserve Personnel
Canada's Department of National Defence is developing an ambitious mobilization strategy to dramatically expand its reserve forces, potentially growing to 400,000 personnel to enhance national security readiness.
Natural Gas Rates Rising in Manitoba This November
Manitoba Hydro announces significant natural gas rate increase starting November 1st, impacting homeowners' winter heating costs. Learn how this affects your budget.
Variable Mortgage Holders Get Rate Cut Relief
Canadian homeowners with variable-rate mortgages are celebrating as the Bank of Canada's recent rate cut brings significant payment reductions. Discover how this decision impacts monthly budgets and what it means for the housing market.
Bank of Canada Signals End to Rate Hike Cycle
The Bank of Canada maintains its key interest rate at 5%, signaling the end of its tightening cycle while keeping options open for future moves. Discover what this means for your finances and the Canadian economy.
Wall Street Wobbles on Mixed Tech Results, China Tensions
US stocks retreated Wednesday as investors digested conflicting signals from Big Tech earnings and escalating US-China trade relations, creating market uncertainty.
Bank of Canada Rate Cuts Still Possible in 2024
Despite stubborn inflation, economists reveal why interest rate cuts remain on the table for 2024 and how Canadians should prepare for potential financial shifts.
Canadian Defence Dept Faces Budget Squeeze, Union Warns
Exclusive: The Department of National Defence confronts significant budget reductions while union leaders sound alarm about potential job losses and service impacts across Canada's public service.
Rate Cut Offers Relief for Alberta Homeowners
The Bank of Canada's recent interest rate reduction offers breathing room for Albertans, but experts warn bigger economic challenges lie ahead for the province's housing market and overall financial landscape.
Fed Cuts Rates Quarter-Point in Policy Shift
The Federal Reserve has cut interest rates for the first time this year, delivering a quarter-point reduction amid cooling inflation and economic uncertainty. Here's what it means for your wallet.
RBC Cuts Prime Rate Following Bank of Canada Decision
Royal Bank of Canada leads major lenders in reducing prime rate to 6.95%, bringing relief to borrowers with variable-rate mortgages and loans. Learn how this affects your finances.
Fed Cuts Key Rate as Shutdown Clouds Economic Outlook
The Federal Reserve makes pivotal rate cut decision as potential government shutdown threatens to cloud economic outlook and complicate monetary policy path forward.
Canadian Layoffs Mount Across Major Industries
Wave of layoffs sweeps Canadian job market as Bell, Rogers, Loblaw and other corporate giants cut positions, creating widespread worker anxiety and economic uncertainty.
Canada's Productivity Crisis Deepens After Rate Cut
Economists warn Canada faces a structural productivity crisis as Bank of Canada cuts rates amid stagnant economic growth and declining business investment.
Bank of Canada Rate Cut Boosts Real Estate Market
Canadian real estate leaders welcome the Bank of Canada's first interest rate cut in four years, predicting renewed market activity while acknowledging ongoing economic challenges.
Bank of Canada cuts rates as U.S. trade threats grow
The Bank of Canada delivers another interest rate cut while navigating turbulent U.S. trade relations and tariff threats that could reshape Canada's economic landscape.
Bank of Canada Cuts Interest Rates to 4.75%
The Bank of Canada has made its first interest rate cut in months, lowering the overnight rate to 4.75%. Discover how this decision affects mortgages, savings, and the Canadian economy.
Bank of Canada Cuts Rate to 2.25% - Second Drop
The Bank of Canada has cut its key interest rate to 2.25% in its second consecutive reduction, signaling a major shift in monetary policy that could save Canadians money on mortgages and loans.
Bank of Canada Cuts Interest Rate to 4.75%
The Bank of Canada has made its first interest rate cut since 2020, dropping the benchmark rate to 4.75%. Discover how this historic move will impact mortgages, savings, and the Canadian economy.
Fed Signals Rate Cuts: Impact on Canada
The U.S. Federal Reserve signals potential rate cuts ahead, marking a significant policy shift that could impact Canadian mortgages, investments, and economic growth. Discover the timeline and implications.
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