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Read more about the article Economists Expect Inflation to Rise to 2.2% in September as Gas Prices Push CPI Higher| AiF News Bites
AiF News Bites

Economists Expect Inflation to Rise to 2.2% in September as Gas Prices Push CPI Higher| AiF News Bites

Analysts forecast Canada’s annual inflation to climb to 2.2% in September, led by rising gas prices. The Bank of Canada could deliver another rate cut at its October 29 meeting if core inflation remains stable.

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October 20, 2025
Read more about the article Global AWS Outage Disrupts Snapchat, Reddit, and Major Apps Worldwide| AiF News Bites
AiF News Bites

Global AWS Outage Disrupts Snapchat, Reddit, and Major Apps Worldwide| AiF News Bites

Amazon Web Services suffered a massive global outage, disabling Snapchat, Reddit, Coinbase, and more. Experts warn of growing risks from the internet’s dependence on a few cloud giants.

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October 20, 2025
Read more about the article Scotiabank Posts Record Earnings but Cuts Jobs in Canada Amid Strategic Restructuring| AiF News Bites
AiF News Bites

Scotiabank Posts Record Earnings but Cuts Jobs in Canada Amid Strategic Restructuring| AiF News Bites

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.

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October 17, 2025
Read more about the article Smarter Oversight, Not Deregulation, Is Canada’s Path to Better Financial Supervision| AiF News Bites
AiF News Bites

Smarter Oversight, Not Deregulation, Is Canada’s Path to Better Financial Supervision| AiF News Bites

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.

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October 15, 2025
Read more about the article DBRS: Rising Unemployment Driving Consumer Loan Stress Across Canada | AiF News Bites
AiF News Bites

DBRS: Rising Unemployment Driving Consumer Loan Stress Across Canada | AiF News Bites

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.

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October 14, 2025
Read more about the article Vancouver Faces Condo Glut: 2,500 Units Unsold as Development Boom Backfires | AiF News Bites
AiF News Bites

Vancouver Faces Condo Glut: 2,500 Units Unsold as Development Boom Backfires | AiF News Bites

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.

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October 9, 2025
Read more about the article Toronto Property Taxes Keep Climbing: Why the City Needs New Revenues—and Residents Need Relief | AiF News Bites
AiF News Bites

Toronto Property Taxes Keep Climbing: Why the City Needs New Revenues—and Residents Need Relief | AiF News Bites

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?

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October 9, 2025
Read more about the article Graduates Struggle After a Year Unemployed: Job Fairs Flooded Amid Retail Shutdowns | AiF News Bites
AiF News Bites

Graduates Struggle After a Year Unemployed: Job Fairs Flooded Amid Retail Shutdowns | AiF News Bites

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.

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October 8, 2025
Read more about the article LinkedIn CEO Foresees Degree Devaluation: Future Belongs to Four Types of Workers | AiF News Bites
AiF News Bites

LinkedIn CEO Foresees Degree Devaluation: Future Belongs to Four Types of Workers | AiF News Bites

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.

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October 8, 2025
Read more about the article Desjardins Predicts TSX Will Continue to Outperform the S&P 500 Amid U.S. Volatility | AiF News Bites
AiF News Bites

Desjardins Predicts TSX Will Continue to Outperform the S&P 500 Amid U.S. Volatility | AiF News Bites

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.

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October 8, 2025
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