
Imaan Sheikh
National Trending Editor at Daily Hive Toronto
Freelance Journalist at Freelance
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Articles
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1 month ago |
dailyhive.com | Imaan Sheikh
May 2 2025, 4:08 pmThe nation’s new prime minister, Mark Carney, has announced the Liberal government’s plan to cap the number of international students and temporary foreign workers further. This step will help “ease strains” on housing in Canada. Carney shared several updates during a press conference on Friday morning.
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1 month ago |
blogto.com | Imaan Sheikh
Amid times of economic uncertainty — an upcoming federal election and tense relations with the U.S. — Canadians are waiting for the next Bank of Canada (BoC) interest rate announcement. The central bank has made two 0.25 per cent cuts to its key interest rate so far this year, with the last one on March 12 bringing the rate to 2.75 per cent.
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1 month ago |
dailyhive.com | Imaan Sheikh
Amid times of economic uncertainty — an upcoming election and tense relations with the U.S. — Canadians are waiting for next week’s Bank of Canada (BoC) interest rate announcement. The central bank has made two 0.25 per cent cuts to its key interest rate so far, with the last one on March 12 bringing the rate to 2.75 per cent. That announcement came a week after U.S. President Donald Trump imposed a 25 per cent tariff on all Canadian goods and Canada retaliated with counter-tariffs.
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2 months ago |
dailyhive.com | Imaan Sheikh
Apr 1 2025, 5:55 pmKrakenimages.com/ShutterstockGood news for people living in Ontario: your monthly Ontario Trillium Benefit (OTB) payment will arrive soon. Many residents will see an OTB deposit in their accounts in just over a week, on April 10. This benefit is usually paid out on the 10th of each month unless there’s a bank holiday or weekend, in which case, payments are issued on the last working day before the 10th. Ontario Trillium Benefit: Are you eligible?
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2 months ago |
dailyhive.com | Imaan Sheikh
The Bank of Canada (BoC) made another 0.25 per cent cut to its key interest rate on Wednesday, March 12, bringing it to 2.75 per cent. “The Canadian economy entered 2025 in a solid position, with inflation close to the 2 per cent target and robust GDP growth. However, heightened trade tensions and tariffs imposed by the United States will likely slow the pace of economic activity and increase inflationary pressures in Canada.
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