Cost concerns aside, businesses remain optimistic
Latest StatCan survey finds inflation pressure is the top concern
- By: James Langton
- February 28, 2025 February 28, 2025
- 13:48
Latest StatCan survey finds inflation pressure is the top concern
The result compared with a deficit of $23.6B for the same period a year earlier
The red ink is mainly driven by an expected drop in oil prices, looming U.S. tariffs and a promised tax break for Albertans: minister
The bank's profit amounted to 76 cents per diluted share for the quarter ended Jan. 31
U.S. consumers cut back sharply on spending in January
Real GDP rose 2.6% on an annualized basis in Q4: StatCan
Agency issues opinion indicating that crypto novelties don't fall under securities law
Move allows more time to deal with operational, regulatory issues
Consumers and businesses hold off on big spending decisions ahead of expected U.S. tariffs
China leads global drop, Canada down too, defying rich country rise
Total labour demand increased in 2024, vacancy rate rises too
U.S. President Trump has at times contradicted himself about his own tariff plans
Canadian commercial banking and wealth management business earned $591 million
Physical oil market remains "tighter than the financial market is giving it credit for": analyst
Oil prices may need to be "higher for longer" to rebuild stocks: analyst
Dollar responds to demand shocks, but supply shocks ignored: Scotia
Firms no longer qualify for narrower online advisor exemption
Proposals out for 90-day comment period, final regime slated for Jan. 1, 2028
Regulator to explore market impact of private, restricted rating activity
The BoC governor says technology's evolving abilities underscore importance of cybersecurity
Arrangement could encourage more or riskier trades, critics say
The banks are dropping their interim emission reduction targets due to various factors
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
ETF assets under management now sit at US$20 trillion
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