Canada’s inflation eased to 2.2% in October as gas prices plunged, though core inflation indicators stayed near 3%. Wireless services, insurance, and shelter costs continued to contribute to price pressures.
TD survey shows 39% of Canadians use TFSAs to hold cash, not investments. Gen Z cites confusion (40%) and lack of knowledge as key barriers to investing.
Canada’s securities regulators are proposing a new ETF-specific framework to enhance disclosure, require multiple market makers, and protect investors amid industry growth.
Canada’s 2025 federal budget rehashes old sustainable finance policies, omits transition plans, and weakens greenwashing laws, disappointing climate finance experts.
The Bank of Canada will eliminate 10% of its staff — about 225 positions — by June 2025 as part of Prime Minister Mark Carney’s plan to reduce C$60 billion in federal spending.
Ontario’s fall fiscal update will emphasize jobs and infrastructure as universities face severe funding pressures following federal student visa cuts.
A new survey shows 58% of Canadians have delayed major life goals like buying a home or saving for retirement due to high living costs, with financial confidence falling to 46%.
A 63-year-old Toronto homeowner lost her house after one missed payment as GTA power-of-sale cases surge. Analysts cite high renewal rates and lost rental income as triggers.
Financial experts say Canadians laid off at 52 with $250K in RRSPs can still retire securely with careful tax planning, CPP contributions, and disciplined saving.
Wealthsimple’s new credit card drew 200,000 applicants, but slow rollouts and higher fees frustrate users. High-net-worth clients get priority, leaving loyal users waiting.