Category : Search result: rate cuts


Leamington-Windsor bus service ending in April

Essential public transit connecting Leamington to Windsor will cease operations in April after failing to secure crucial financial support from county and provincial governments, leaving riders stranded.

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.

Imperial Oil sells Calgary HQ, cuts hundreds of jobs

Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.

U.S. Cuts Refugee Intake to 7,500, Down 90% From Biden Era

The United States plans to dramatically reduce refugee admissions to just 7,500 people in the coming year, a staggering decrease from over 100,000 under President Biden, signaling a major shift in American immigration policy.

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.

Disability 'Die-In' Protest at Alberta Legislature Over ADAP

Disability rights activists are organizing a dramatic 'die-in' protest at the Alberta Legislature to oppose provincial changes to disability support programs they say will leave vulnerable citizens without essential services.

Windsor-Leamington Transit Service Ends 2026

Essential transit service connecting Windsor to Leamington will cease operations in April 2026, leaving rural residents without public transportation options and sparking community concerns.

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.

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.

GM cuts 1,200 EV battery jobs in Detroit

General Motors makes dramatic workforce reductions at its Detroit electric vehicle battery factory, citing slower-than-expected EV adoption and scaling back production plans.

Paramount Cuts 2,000 Jobs After Skydance Merger

In a dramatic restructuring move, Paramount Global reveals plans to eliminate approximately 2,000 positions as the entertainment giant integrates with Skydance Media, signaling major changes in Canada's media 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.

UCP Accused of Selective Freedom for Supporters

A controversial letter alleges Alberta's UCP government restricts freedoms to political allies while punishing critics in education and healthcare sectors. Explore the growing concerns about political favoritism.

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