Ontario projects $14.6B deficit amid tariff impacts
Province boosts spending to counter U.S. trade pressure
- By: Allison Jones, The Canadian Press
- May 15, 2025 May 15, 2025
- 16:18
Province boosts spending to counter U.S. trade pressure
Sales slump in metals and energy while furniture sales rise: Statistics Canada
Scheme inflated company's value ahead of a transaction to take it private
Despite weaker economic outlook, labour markets holding up
Hackers exploited insider access to gather sensitive customer data
National housing agency says surge driven by sharp increase in urban starts
The national average sale price of a home sold in April slipped 3.9% from a year ago to $679,866
Strong services sector drove 0.7% Q1 rise in GDP
Producer price index falls 0.5% in April, with tariffs impact expected to show up starting in June
Consumer momentum cooled after a March spending rush to avoid new tariffs
Layoffs remain low despite tariff uncertainty
From January to April, $323M flowed into Canadian-listed European ETFs — 23 times the amount during the same period last year
Pair behind the deli with the US$100-million market cap sentenced
The May crude oil contract dropped US$1.30 to US$96.57 per barrel
Current challenge deals with levies imposed under the Trade Act of 1974
Cheap funding, central bank support, rosy AI forecasts, FOMO and more have kept market valuations elevated — that won’t last forever
Tribunal to consider settlement with Liquidnet over allegedly faulty controls
Social relationship with regulator's key witness in case leads to recusal
Venture companies begin opting for less frequent reporting
The Calgary-based asset manager negotiated with its lender to buy more time to repay its debt
Many trusts may need to amend 2024, 2025 tax returns
Bank will also be hiring and expanding in key areas of national importance
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
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
Gold prices, equity markets drove strong seg fund sales but couldn’t prevent net outflows in 2025