46 h. ago Canada Post tables new offers to union that include job cut provisions

Canada Post’s latest contract offers to striking postal workers has many of the same terms as its “final offers” in May, but removes a signing bonus and now has provisions related to job cuts expected ahead. The offers presented Friday come a little over a week after the federal government announced plans to transform the […]

Other

54 h. ago Posthaste: Move over Elon Musk, Ottawa has cut a bigger share of jobs than Washington

Economists say Canada is also tapping debt markets on pace with its neighbour

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3 d. ago Bank of Canada says ‘weaker’ economy led to September rate cut

The Bank of Canada said last month's rate cut was as the result of the country's weakening economy amid the trade war and removing most retaliatory tariffs.

Other

4 d. ago Weaker economy, end to some retaliatory tariffs spurred Bank of Canada cut: summary

A weakening economy and the removal of most retaliatory tariffs helped convince the Bank of Canada that a cut to its key policy rate was warranted. The Bank of Canada released its summary of deliberations on Wednesday from the meeting ahead of its Sept. 17 decision to cut its benchmark rate by a quarter-percentage point […]

Economics

5 d. ago Posthaste: Why this economist thinks the Bank of Canada will cut more than expected — much more

Capital Economics predicts interest rate will drop to 1.75% by next year

Other

9 d. ago Canada Post workers on strike and here's what you need to know

Canada Post workers are now on strike following the government's announcement of major cost-cutting measures.The Canada Post strike is in protest of the government's decision to implement sweeping changes to the Crown corporation. Minister Joël Lightbound outlined these changes during a press conference on Sept. 25.On the same day, Jan Simpson, national president of the Canadian Union of Postal Workers (CUPW), released a statement saying that Lightbound gave "no indication" that he would announce these changes after meeting with the union last week."The minister said he had the 'utmost respect' for postal workers. This is no way to show it," said Simpson.Changes coming to Canada PostLightbound stated that to cut costs, Canada Post will be transitioning to community mailboxes by converting four million addresses and closing rural post offices. Canada Post will also be able to adjust its delivery standards and raise stamp rates more freque...

Society

1 week ago Air Canada cuts outlook after cabin crew strike cost $375 million

The company now expects to earn between $2.9 billion and $3.1 billion

Economics

1 week ago Convicted sex offender Randall Hopley released from custody, living in Vancouver again

In November 2023, Hopley was on a long-term supervision order when he left the Salvation Army Harbour Light and cut off his ankle monitor, sparking a 10-day Canada-wide manhunt.

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2 w. ago ‘Everything has gone great’: The imagined thoughts of Chrystia Freeland

‘Before I entered politics, Canada was a cruel, inward-looking place that would sooner cut the GST than fund gender-inclusive rice farming projects’

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2 w. ago Are variable or fixed rates better after Bank of Canada cut? FP video

Watch: Plus, what's driving the central bank's rate decisions?

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2 w. ago Renewing your mortgage? What the Bank of Canada’s rate cut means for you

According to the Bank of Canada’s research, 60 per cent of all Canadian mortgages will be up for renewal in 2025 and 2026. What does the most recent rate cut mean for you?

Events

2 w. ago David Rosenberg: The Bank of Canada and Fed finally cut rates, but both clearly have more to do

The Bank of Canada’s confidence level that inflation is back on a downward path has substantially increased

Sport

2 w. ago Banks cut prime rate to 4.70%, following Bank of Canada’s lead

Reduction takes effect Sept. 18

Other

2 w. ago Five key takeaways from the Bank of Canada’s rate cut decision

The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday, bringing it to 2.5 per cent after three straight holds. Governor Tiff Macklem said the central bank has shifted to worrying more about a slowing economy than high inflation. Here’s what we learned about the economy, inflation and more from […]

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2 w. ago What economists are saying about the Bank of Canada decision and the chance of further rate cuts

The Bank of Canada cut its benchmark interest rate to 2.5% on Wednesday

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2 w. ago Analysts See More Easing Ahead After Bank of Canada Cuts to 2.5%

The Bank of Canada cut its policy interest rate for the first time since March, matching the expectations of markets and many economists. With weak economic growth on the horizon and a tough outlook for job-seekers, several analysts believe the central bank isn’t done.

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2 w. ago Federal union expands campaign against Canada Revenue Agency cuts

The "Canada on Hold" campaign was launched last month with a focus on CRA call centres but has now been expanded to draw attention to staffing cuts across the agency.

Other

2 w. ago Bank of Canada cuts key interest rate to 2.5% as U.S. tariff risks shift

OTTAWA — The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday as the central bank worries less about inflation risks and more about a slowing economy. The Bank of Canada’s policy rate now stands at 2.5 per cent, breaking a streak of three consecutive holds since March. Governor Tiff […]

Economics

2 w. ago Bank of Canada cuts interest rate to 2.5 per cent, the first cut since March

Economists largely expected the interest rate cut

Other

2 w. ago Bank of Canada cuts interest rates: Read the official statement

Cuts key interest rate to 2.5%

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