U.S. national debt surges past $39T just weeks into war in Iran
The war on Iran is estimated to have cost the U.S. more than $12B so far
- By: Fatima Hussein, The Associated Press
- March 19, 2026 March 19, 2026
- 10:16
The war on Iran is estimated to have cost the U.S. more than $12B so far
The bank's benchmark deposit rate has remained at 2% since June 2025
Uncertainty from the war has led to manic back-and-forth swings in oil, stock markets
Earnings were down year over year from $933M
Before the war, it was largely expected that the central bank would cut rates
The province is not raising taxes or cutting services as part of the budget
Budget focuses on extensions and changes to support AI, media and culture
Funding supports research on taxation, productivity and public policy
The Middle East war has made it difficult for anyone to make economic forecasts
Province’s GDP expected to grow by 1.1% in 2026, if U.S. tariffs on Canadian goods are stable
New rules aim to make incident reporting easier, amid rising systemic risk
54% of advisors said they have or will tweak portfolios in response
Much of the rally is due to expectations for calming tensions in the U.S.-Israeli war on Iran
In finance, insurance, real estate and leasing, business exits have outpaced starts since mid-2023
High earners feeling the effects, but have more capacity to absorb rising costs
Alleged scheme ended in double murder-suicide back in 2023
Tribunal approved OSC's settlement with Liquidnet Canada
The regulator's consulting on its proposed guidance before new crypto sector rules take effect
Existing policies to remain in legacy system
Higher renewal comp, longer chargeback schedule aim to match advisor incentives to client interests
That's more than double the $184M deficit the government tabled last spring
Plus, Designed Wealth adds advisor and inaugural taxonomy and transition planning council named
McIntyre to start a new role later this month
Plus, appointments at Sun Life, Connor, Clark & Lunn, Sapling Financial and more
Investors are looking to exit from funds in droves during "a period of heightened negative sentiment"
Plus, new emerging market, target-date and tech funds, and a raft of fund changes
The lack of a structured follow-up when a client changes hands can leave the policyholder vulnerable