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2 months ago |
ctvnews.ca | Jordan Fleguel |Corey Bellamy |Stephanie A. Ha |Codi Wilson |Daniel Johnson |Hunter Crowther | +1 more
U.S. President Donald Trump says he’ll announce Monday the United States will impose 25 per cent tariffs on all steel and aluminum imports, including from Canada and Mexico. 5:39 P.M. EST: Trump imposes 25% tariffs on steel, aluminumTrump imposes 25% tariffs on steel, aluminum imports. U.S. President Donald Trump has announced plans to impose a 25 per cent tariff on all steel and aluminum products entering the U.S., including from Canada. Trump has said there will be no exceptions.
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Nov 23, 2023 |
jhltonline.org | Grace Lyden |Daniel Johnson |Jon Snyder |Jessica R Golbus
Deceased donor organs suitable for transplant are exceptionally scarce in the United States.
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Sep 13, 2023 |
canadanewsjournal.com | WTI Crude |WCS Crude |Daniel Johnson
A long-anticipated economic slowdown in Canada could be underway, according to a new report. RBC Economics released a report Wednesday indicating that Canada’s economy faces various headwinds in the form of elevated interest rates and a slowing global economy. The report noted that gross domestic product (GDP) moved 0.2 per cent lower in the second quarter of the year and early indications highlight the potential for another decline in the third quarter.
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Sep 6, 2023 |
thecanadafinancejournal.com | WTI Crude |WCS Crude |Daniel Johnson
A pause in the Bank of Canada’s monetary tightening campaign may bring relief to many mortgage owners, experts told BNNBloomberg.ca while noting that other indebted Canadians will continue to feel the weight of higher borrowing costs. On Wednesday, the Bank of Canada held its policy rate at a 22-year high of five per cent. Canada’s central bank has raised interest rates by 475 basis points since March 2022.
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Sep 3, 2023 |
ktvz.com | Daniel Johnson
By Daniel Johnson, BNN BloombergClick here for updates on this story Toronto (CTV Network) — Canada’s housing crunch is the result of decades of poor policy stemming from the federal government leaving the issue to the provinces in the 1980s, according to one former deputy prime minister.
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Sep 2, 2023 |
ctvnews.ca | Daniel Johnson
Canada’s housing crunch is the result of decades of poor policy stemming from the federal government leaving the issue to the provinces in the 1980s, according to one former deputy prime minister.
Former deputy prime minister Sheila Copps said in an interview with BNN Bloomberg that when Canada Mortgage and Housing Corporation (CMHC) was involved in building housing, there was a significant amount of national investment in housing as well as housing policy and strategy.
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Aug 16, 2023 |
thecanadafinancejournal.com | WTI Crude |WCS Crude |Daniel Johnson
Scotiabank has launched the First Home Savings Account (FHSA), making it the latest Canadian bank to offer the new banking option geared to help Canadians enter the red-hot housing market. The federal government created the FHSA to address housing affordability challenges, combining elements of the Registered Retirement Savings Plan as well as the Tax-Free Savings Account. Banks could start offering FHSAs as of April 1, but most did not make it available right away.
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Jun 24, 2023 |
ctvnews.ca | Daniel Johnson
Some Canadians have extended the amortization period on their mortgages, and real estate experts say it could bring uncertainty for renewals.
Amortization refers to the time it takes to pay back a mortgage. As elevated interest rates hit the housing market, some people have been have been extending their amortization period out several decades and are only paying interest on their homes.
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Apr 17, 2023 |
thecanadafinancejournal.com | WTI Crude |Daniel Johnson
Famed actor, producer and entrepreneur Ryan Reynolds is investing in the Canadian fintech industry, with a stake in Nuvei Corporation. The investment was announced in a news release Monday and is the latest in a series of entrepreneurial moves from the actor. Reynolds has other notable investments in American Aviation Gin as well as Wrexham Association Football. Reynolds has also invested in Canadian companies such as 1Password in January 2022 and Wealthsimple in May 2021. “Nuvei is impressive.
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Apr 10, 2023 |
thecanadafinancejournal.com | WTI Crude |Daniel Johnson
Ahead of the Bank of Canada’s next interest rate decision, one chief market strategist said he expects the central bank to hold rates while acknowledging current risks in the economy. Canada’s central bank is set to announce its on Wednesday. Karl Schamotta, a chief market strategist at Corpay, said in an interview with BNN Bloomberg Monday, that he thinks the Bank of Canada will acknowledge downside economic risks stemming from volatility in the U.S. banking sector.