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Read more about the article Bank of Canada Interest Rates Set for Hold at 2.25%: Stronger Data Cements Pause | AiF News Bites
AiF News Bites

Bank of Canada Interest Rates Set for Hold at 2.25%: Stronger Data Cements Pause | AiF News Bites

Economists expect the Bank of Canada to hold rates at 2.25% on Dec. 10. Positive GDP and unemployment data suggest rates are "at about the right level."

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December 8, 2025
Read more about the article TD Survey: 34% of Ontarians Cutting Holiday Spending Due to Inflation and Rising Costs | AiF News Bites
AiF News Bites

TD Survey: 34% of Ontarians Cutting Holiday Spending Due to Inflation and Rising Costs | AiF News Bites

TD survey finds 34% of Ontarians plan to curb holiday spending; 65% cite high cost of living. 41% are putting money into savings amid job uncertainty.

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December 8, 2025
Read more about the article Hundreds of Public Service Workers Warned of Job Cuts Amid Federal Government Layoffs | AiF News Bites
AiF News Bites

Hundreds of Public Service Workers Warned of Job Cuts Amid Federal Government Layoffs | AiF News Bites

Hundreds of federal workers at Natural Resources Canada and other departments received job cut warnings. Government pushes voluntary early retirement to meet 40,000 job reduction target.

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December 8, 2025
Read more about the article Canada’s Job Market Rebounds: 54,000 Jobs Added, Unemployment Rate Drops to 6.5% | AiF News Bites
AiF News Bites

Canada’s Job Market Rebounds: 54,000 Jobs Added, Unemployment Rate Drops to 6.5% | AiF News Bites

Canada added 54K jobs in November, dropping the unemployment rate to 6.5%. Growth focused on part-time and youth employment, setting the stage for the Bank of Canada rate decision.

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December 5, 2025
Read more about the article Ottawa Notifies 68,000 Federal Workers of Early Retirement Incentive to Cut 40,000 Jobs | AiF News Bites
AiF News Bites

Ottawa Notifies 68,000 Federal Workers of Early Retirement Incentive to Cut 40,000 Jobs | AiF News Bites

New report projects Canadian family food spending to rise $994, hitting $17,571 in 2026. Inflation (4%-6%) driven by meat shortages and climate change; trade eases.

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December 4, 2025
Read more about the article Canada Food Prices Set to Rise $994 in 2026: Meat and Climate Drive 4%-6% Inflation | AiF News Bites
AiF News Bites

Canada Food Prices Set to Rise $994 in 2026: Meat and Climate Drive 4%-6% Inflation | AiF News Bites

New report projects Canadian family food spending to rise $994, hitting $17,571 in 2026. Inflation (4%-6%) driven by meat shortages and climate change; trade eases.

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December 4, 2025
Read more about the article Equifax: Non-Mortgage Debt Delinquency Rises 14% as Consumer Debt Hits $2.62 Trillion | AiF News Bites
AiF News Bites

Equifax: Non-Mortgage Debt Delinquency Rises 14% as Consumer Debt Hits $2.62 Trillion | AiF News Bites

Equifax reports Canada's non-mortgage delinquency rate hit 1.63%, up 14% year-over-year. Total consumer debt is now $2.62T, with stress seen in younger households.

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December 4, 2025
Read more about the article US Layoffs Top 1.1 Million in 2025, Highest Since Pandemic: Challenger Report | AiF News Bites
AiF News Bites

US Layoffs Top 1.1 Million in 2025, Highest Since Pandemic: Challenger Report | AiF News Bites

US job cuts reached 1.17M, up 54% from last year. Analysis of AI, tariffs, and restructuring driving the surge, contrasted with weekly jobless claims data.

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December 4, 2025
Read more about the article Liberal Tax Cut to Raise Taxes for Nearly 40,000 Canadians, PBO Warns | AiF News Bites
AiF News Bites

Liberal Tax Cut to Raise Taxes for Nearly 40,000 Canadians, PBO Warns | AiF News Bites

PBO report: Liberal tax cut (lowest rate to 14%) will negatively impact <1% of Canadians (39,110 filers), increasing their average federal tax by $141-$155.

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December 3, 2025
Read more about the article CRA Urged to Grant TFSA Overcontribution Penalty Relief After My Account Delays | AiF News Bites
AiF News Bites

CRA Urged to Grant TFSA Overcontribution Penalty Relief After My Account Delays | AiF News Bites

Following My Account delays, advisors call for the CRA to offer penalty relief for TFSA overcontributions. Excess TFSA taxes assessed hit $166.2M in 2024.

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December 3, 2025
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