Scotiabank confirms new layoffs in its Canadian banking unit despite stronger Q3 earnings and a 12.4% ROE. The move aligns with CEO Scott Thomson’s long-term cost optimization and digital growth strategy.
C.D. Howe’s call for deregulation misses the point — Canada’s financial sector needs smarter oversight. SupTech can reduce costs, prevent misconduct, and strengthen consumer protection.
Morningstar DBRS warns that Canada’s 7.1% unemployment rate is pushing credit card, auto loan, and credit line delinquencies above pre-pandemic levels. Mortgage renewals at higher rates may intensify financial stress.
New PWL Capital data shows renters in most Canadian cities — including Toronto — have outperformed homeowners. Ai Financial explains how compounding returns can outgrow real estate.
Wealth doesn’t come from chasing every trend. Ai Financial explains why focused, long-term investing creates compounding returns — and how discipline beats opportunity.
About 2,500 new condos in Metro Vancouver are sitting unsold — double last year’s count. Developers struggle with high costs, policy burdens, and misaligned buyer demand. Market correction looms.
After a near-double-digit hike in 2024 and a proposed 6.9% for 2025, property tax now funds roughly a third of Toronto’s budget. VHT rises to 3%, TTC faces shortfalls. What’s the fix?
After nearly a year jobless, many local graduates queue for hours at Toronto job fairs. Retail chains shuttering stores only deepen the hiring crisis in Canada’s job market.
LinkedIn’s Ryan Roslansky warns that traditional degrees are losing currency. He predicts the future will favor those with adaptability, AI fluency, foresight, and strong human skills.
Desjardins says Canadian equities are thriving despite U.S. policy uncertainty. The TSX’s exposure to natural resources and diversified gains position it to outperform the S&P 500 through 2026.