Inflation Data Gives Bank of Canada Flexibility to Hold Rates
Weak core inflation amid oil price spikes gives Bank of Canada leeway to hold rates steady, economists say. CPI rose 2.8% in April, below forecasts.
Category : Banking Finance
StatCan April Inflation Report Expected to Show Oil Impact
Statistics Canada will release April inflation data, with analysts predicting a surge due to rising oil prices. The report could impact consumer costs and economic policy.
Evergrande Liquidators Sue PwC for $8.4B in Hong Kong
Liquidators of China Evergrande are seeking US$8.4 billion from accounting firm PwC in a Hong Kong lawsuit, alleging negligence in audits before the property giant's collapse.
Woman Injured in Toronto West End Rollover Crash
A woman was seriously injured in a single-vehicle rollover crash in Toronto's west end early Sunday morning. Police are investigating the incident.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Regulator Rejects Hydro Ottawa's $6 Monthly Rate Hike
The Ontario Energy Board has rejected Hydro Ottawa's proposed $6 per month increase in distribution rates, citing insufficient justification. The utility sought the hike to fund infrastructure upgrades.
OSFI bank licence pilot must be just the beginning
Canada's banking regulator launches a pilot to streamline bank licensing for fintechs and credit unions, but experts call for broader reforms including open banking and proportional regulation.
Canadian stock market plunges over 400 points, US markets fall
The S&P/TSX composite dropped more than 400 points on May 15, 2026, as US markets also fell amid economic uncertainty and global trade tensions.
Jarvis man wins $44M LOTTO 6/49 Gold Ball jackpot
A man from Jarvis, Ontario has won the $44 million LOTTO 6/49 Gold Ball jackpot, marking one of the largest lottery wins in the region.
Edmonton fan wins $2M on Blue Jays 50/50
A Blue Jays fan from Edmonton won $2 million on a 50/50 ticket, marking one of the largest prizes in the team's history.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Quebecor Q1 profit rises as average revenue per user climbs
Quebecor reports higher first-quarter profit and average revenue per user, driven by telecom and media growth.
Man charged after stolen school bus crash into McDonald's in Ajax
A 36-year-old man faces multiple charges after allegedly stealing a school bus and crashing it into a McDonald's drive-thru in Ajax, Ont., while impaired.
Klarna Profit, Revenue Beat Forecasts; Outlook Falls Short
Klarna reported better-than-expected profit and revenue for the latest quarter, but its forward guidance missed analyst estimates, causing shares to dip.
Canadian Tire Q1 profit and revenue rise year-over-year
Canadian Tire Corp. reports higher first-quarter profit and revenue compared to a year ago, driven by strong retail sales and operational efficiency.
Global Markets Rise as Trump-Xi Summit Awaited
Asian markets mostly gained as investors watched the Trump-Xi summit, while Canada's TSX fell nearly 250 points. U.S. markets showed mixed results with big tech stocks gaining.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Why Investors Should Worry Despite Record High Stock Markets
Despite record highs, concerns like creeping inflation, concentrated gains, and ongoing wars may pose risks. Peter Hodson highlights five lurking worries.
Ex-NYC Judge Charged in $5M Real Estate Scam
Former New York judge Edward Harold King and developer Yechiel Sprei face wire fraud charges for allegedly duping investors out of $6.5 million in a bogus property deal.
Trump Repeats False Claim Canada Blocks US Banks
President Trump again claims Canada prohibits US banks, but experts say it's false. Canadian banking regulations allow US banks to operate freely.
Goeasy Loss Shows Stabilization Signs, Analysts Say
Goeasy Ltd. missed Q1 earnings expectations with a loss of $1.90 per share, but analysts note credit improvements and stabilization amid ongoing portfolio challenges.
Senate Confirms Kevin Warsh as Fed Chair Amid Economic Challenges
The Senate confirmed Kevin Warsh as Federal Reserve chair in a party-line vote. He faces inflation, divided committee, and pressure from Trump while vowing independence.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Kevin Warsh Wins Senate Nod for Fed Chair as Inflation Soars
Kevin Warsh has been confirmed by the Senate as the next Federal Reserve chair, facing the challenge of taming inflation that threatens the U.S. economy.
Three Charged in DTES Drug Trafficking Bust
Three individuals face charges after police dismantle drug trafficking operations in three suites of a Downtown Eastside building, seizing drugs, weapons, and cash.
S&P/TSX down 200 points, U.S. markets mixed (13.05.2026)
Canada's main stock index fell over 200 points on Wednesday, while U.S. markets showed mixed results amid oil price concerns and tech layoff announcements.
Wall Street Steady Despite Inflation; Tech Recovers
Wall Street remained stable on May 13, 2026, despite disappointing inflation data, as tech stocks rebounded. Markets showed resilience amid economic concerns.
$500K Jewelry Stolen in Armed Robbery in Toronto
Toronto police seek suspects after $500K worth of jewelry was stolen during an armed robbery at Spadina Avenue and Bremner Boulevard. Images released.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Wall Street Mixed, Oil Steady as Trump Meets Xi in China
U.S. stocks showed mixed results early Monday while oil prices remained stable as President Trump arrived in Beijing for high-stakes talks with China's Xi Jinping.
Record Mortgage Debt, Dunkin' Donuts Return, BMO Sells Transport
Canada's mortgage debt tops $2.4 trillion, Dunkin' Donuts plans hundreds of Canadian locations, BMO sells transport financing, and tax planning tips.
US Customs Finalizes $35.5 Billion Tariff Refunds
The U.S. customs agency has finalized $35.5 billion in tariff refunds as of May 11, 2026, impacting trade and businesses.
US Senate Confirms Warsh to Fed Board, Chair Vote Likely Wednesday
The U.S. Senate confirmed Kevin Warsh to the Federal Reserve Board on Tuesday, with a vote for Fed chair expected Wednesday amid ongoing economic policy debates.
Ukraine Names Ex-Chief of Staff Suspect in Money Laundering
Ukraine's authorities have named Andriy Yermak, former chief of staff to President Zelenskyy, as a suspect in a money-laundering investigation. The probe marks a significant development in Ukraine's anti-corruption efforts.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
7 charged in OPP probe into GTA driver exam bribery
Seven individuals face charges following an OPP investigation into alleged bribery of driver examiners in the Greater Toronto Area, undermining licensing integrity.
Page 4 of 36
