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.

To retain assets across generations, advisors must focus on senior clients’ pain points. Building trust through family planning and TCPs connects both spouses and heirs.

Canadian ETF issuers Harvest, Ninepoint, and Purpose expand single-stock ETFs with 25% leverage and covered call income strategies, offering investors tax-efficient high-yield exposure.

OECD data show global FDI down 6% in H1 2025, with U.S. outflows turning negative. Greenfield investments in AI and manufacturing remain strong, but M&A continues to slow.

Canada’s real GDP fell 0.3% in August, with Q3 growth estimated at 0.4% annualized. Economists warn of near-recession conditions as the Bank of Canada signals a pause in rate cuts.