The Bank of Canada will eliminate 10% of its staff — about 225 positions —...
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AiF News Bites
Providing timely analysis of sudden events impacting the market. We break down key developments to help investors understand their potential effects and make informed decisions.
Ontario Fiscal Update to Focus on Infrastructure and Jobs Amid University Funding Crisis| AiF News Bites
Ontario’s fall fiscal update will emphasize jobs and infrastructure as universities face severe funding pressures...
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High Living Costs Push Canadians to Delay Home Purchases and Retirement Savings| AiF News Bites
A new survey shows 58% of Canadians have delayed major life goals like buying a...
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Toronto Homeowner Locked Out After Missing One Mortgage Payment as GTA Faces Wave of Power-of-Sale Listings| AiF News Bites
A 63-year-old Toronto homeowner lost her house after one missed payment as GTA power-of-sale cases...
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Laid Off at 52 With $250K in RRSPs and No Pension? Financial Experts Outline a Clear Retirement Plan| AiF News Bites
Financial experts say Canadians laid off at 52 with $250K in RRSPs can still retire...
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200,000 Canadians on Wealthsimple Credit Card Waitlist: Priority for High-Value Clients Sparks Frustration| AiF News Bites
Wealthsimple’s new credit card drew 200,000 applicants, but slow rollouts and higher fees frustrate users....
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How Advisors Can Reach the Next Generation by Solving Senior Clients’ Pain Points| AiF News Bites
To retain assets across generations, advisors must focus on senior clients’ pain points. Building trust...
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Why Single-Stock ETFs Are Surging: Leverage, Covered Calls, and High-Yield Opportunities | AiF News Bites
Canadian ETF issuers Harvest, Ninepoint, and Purpose expand single-stock ETFs with 25% leverage and covered...
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OECD: Global Cross-Border Investment Weakens, U.S. FDI Outflows Turn Negative | AiF News Bites
OECD data show global FDI down 6% in H1 2025, with U.S. outflows turning negative....
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Canada’s Economy Shrinks 0.3% in August, Bank of Canada Likely to Pause Rate Cuts | AiF News Bites
Canada’s real GDP fell 0.3% in August, with Q3 growth estimated at 0.4% annualized. Economists...
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Canada’s Job Vacancies Fall to Lowest Level Since 2017, Labour Market Weakens | AiF News Bites
Job vacancies in Canada dropped 2.4% in August to 457,400, the lowest since 2017. The...
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Ray Dalio Warns: 60% of American Workers Are Being Left Behind | AiF News Bites
Bridgewater founder Ray Dalio warns that roughly 60% of Americans are being left behind as...
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Bank of Canada Cuts Policy Rate to 2.25% Amid Slow Growth and Cooling Inflation | AiF News Bites
The Bank of Canada cut its policy rate to 2.25%, citing weak exports, trade uncertainty,...
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Fitch Warns: Fintech Growth Is Disrupting Traditional Securities Firms | AiF News Bites
Fitch warns that fintech growth is reshaping the securities industry. Digital brokers and bank-affiliated firms...
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Canada’s Federal Budget to Allocate Millions for Job Retraining and Faster Foreign Credential Recognition | AiF News Bites
Canada’s new federal budget will allocate $75 million for building-trade apprenticeship training and $97 million...
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Tariffs Weigh on Canada’s Economy: Exports, Manufacturing Output Fall and Job Growth Stalls | AiF News Bites
U.S. tariffs are hitting Canada’s economy, with exports down 26% and manufacturing output shrinking. Job...
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Ontario Seniors Lose $1 Million After Computer Pop-Up Scam: A Costly Reminder to Trust Only Regulated Institutions | AiF News Bites
A five-month “government impersonation” scheme shows why financial safety begins with choosing the right institution.
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Canada’s Grocery Prices Surge Again: Coffee Up 28%, Inflation Returns to the Dinner Table | AiF News Bites
Grocery prices in Canada jumped 4% in September, led by a 28% surge in coffee...
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CRA’s Hotline Gets 83% of Tax Answers Wrong — Canadians Left with No Recourse | AiF News Bites
Canada’s Auditor General says CRA agents gave accurate tax advice only 17% of the time....
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Canadian Mutual Fund Assets Near $2.5 Trillion, ETF Sales Hit Record High: SIMA| AiF News Bites
SIMA reports strong September gains for Canada’s mutual funds and ETFs. Total mutual fund assets...
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FINTRAC Fines Cryptomus $177 Million — Canada’s Largest Ever AML Penalty| AiF News Bites
FINTRAC fined crypto exchange Cryptomus $177 million for failing to report over 1,000 suspicious transactions...
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CRA Call Centres Answered Only 17% of Tax Questions Correctly, Audit Finds| AiF News Bites
Canada’s Auditor General found CRA call centres gave correct answers only 17% of the time...
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Moody’s Reports Strong Q3 for Wall Street Banks as Capital Markets Fuel Growth| AiF News Bites
Moody’s says major U.S. banks delivered solid third-quarter earnings driven by capital-markets revenues, stable asset...
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Canada’s annual inflation rises to 2.4% in September as gas and grocery costs climb| AiF News Bites
Canada’s annual inflation rate jumped to 2.4% in September, primarily due to a smaller decline...
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