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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
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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
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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
Read more about the article Centurion and Nicola Wealth Adjust Real Estate Funds Amid Rising Investor Redemptions | AiF News Bites
AiF News Bites

Centurion and Nicola Wealth Adjust Real Estate Funds Amid Rising Investor Redemptions | AiF News Bites

Amid surging redemption requests, Centurion limits withdrawals for its REIT while Nicola Wealth cuts distributions on its Canadian and U.S. real estate funds. Experts warn investors to stay cautious.

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October 7, 2025
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Recent Posts

  • Toronto Condo Market Crash: Inventory Surges in the $300k Range as Prices Reset | AiF News Bites
  • Nightmare in Vaughan: Pre-con Buyer Loses Life Savings | AIF Insight on Real Estate | AiF News Bites
  • Experts Warn: Canada’s Economic Growth Slows as Recession Risks Rise | AiF News Bites
  • Gold and Silver Market Crash: Historical Precious Metals Price Volatility Amid Shifting US Dollar Strength Expectations | AiF News Bites
  • Kevin Warsh Tapped as Next Federal Reserve Chair: A Potential Turning Point in the Jerome Powell Era | AiF News Bites

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