7 h. ago How hard will tariffs hit the economy? Investors will be watching bank credit loss provisions for clues

Banks will need to find the right balance when adding to their PCLs to and ensure they don’t 'spook' investors

Economics

6 d. ago Reports paint grim picture of how a recession will impact Canada

Economists at yet another big global firm are sounding the alarm about the Canadian economy, warning of a forthcoming recession that will hit provinces like Ontario the hardest.Just days after Wells Fargo forecasted that the Great White North will fall into a recession sometime this year — news that was bolstered by a Financial Accountability Office (FAO) report saying Ontario in particular should prepare for a downturn — another big player in the financial services sector has released a similarly distressing economic outlook.Deloitte Canada is warning citizens that a further decline in GDP growth, "significant" downward economic pressure and "really soft economic activity" are on the way in 2025, with the next six to eight months looking particularly bad in the shadow of the U.S. tariffs that first kicked off in March.Along with a depletion of both exports and imports, especia...

Other

8 d. ago Banque Raiffeisen Partners with nCino for Intelligent Loan Management to Drive Credit Chain Digitalization

nCino expands presence in Europe with its first customer in Luxembourg LONDON, April 30, 2025 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced that Banque Raiffeisen, Luxembourg’s only cooperative bank, has chosen the nCino Platform to digitize its loan and credit chain management. Established in 1926, […]

Economics

9 d. ago Trump to mark 100 days in office in Michigan, a state hit hard by tariffs

U.S. President Donald Trump is set to hold a rally to mark 100 days in office in Michigan, a state that's been hit hard by his tariffs.

Economics

2 w. ago First Shockwaves of Trump’s Tariffs Are About to Hit the World Economy

Three weeks after US President Donald Trump effectively declared a trade war with the whole world, new economic forecasts and surveys will point to the initial fallout.

Economics

4 w. ago 5 questions to ask to protect your portfolio from a trade war

Peter Hodson: With fears that Donald Trump's tariffs will hit the global economy, here's what to look for in the stocks you own

Economics