Daily News

Source: Financialpost April 05, 2025

Stocks are plunging and that may only be the start of the pain for Canadian consumers

'This is the biggest realignment in global trade ever'The shock of United States President Donald Trump’s global trade war has already hit the stock portfolios of Canadian consumers, but that may be just the beginning of the pain. We apologize, but this vi...

Source: Financialpost April 05, 2025

Stocks plunge deep into the red for second day as trade war rattles investors

'The market is giving big thumbs down to this tariff policy'In every corner of the financial markets, from stocks to bonds to commodities, investors sent Donald Trump the same unmistakable message: the trade war he unleashed is threatening to set off a world...

Source: Financialpost April 05, 2025

As leaders pledge tax cuts on Canadian vehicles, here are the eight cars that might qualify

Vehicles considered Canadian are assembled here, though parts can originate from other nations We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. As leaders pledge tax cuts on Cana...

Source: Financialpost April 05, 2025

Keep calm and heed Warren Buffett — history shows market meltdowns are short-lived

Ted Rechtshaffen: The market will settle where it should and big swings are simply opportunities along the wayWarren Buffett says, “Be fearful when others are greedy and greedy when others are fearful.” Today, people are fearful. We apologize, but this vid...

Source: Financialpost April 05, 2025

Why falling rates spell trouble for anyone needing to break their mortgage contract

Robert McLister: That discount you bragged about when signing? The bank weaponizes it when you try to leaveMortgage rates are near three-year lows. That sounds like great news — unless your idea of “great” includes surprise fees and weeping over your amortiz...

Economy Source: Financialpost April 05, 2025

How tariffs will affect Canadian pocketbooks

Inflation in Canada is expected to eclipse 3% over the summer, according to economists at TDCanadian consumers are bracing for higher prices and a potential economic downturn after the United States rolled out its latest round of tariffs. We apologize, but...

Investor Source: Financialpost April 05, 2025

Canadian stocks tumble into correction as tariff fears hit

Since Trump implemented global tariffs on April 2, Canadian stocks have fallen sharplyCanadian stocks sank into a correction on Friday as United States President Donald Trump’s tariffs on major trading partners spark fears of a recession. We apologize, but...

Economy Source: Financialpost April 05, 2025

Bank of Canada expected to make deeper rate cuts amid stock rout, job losses

Traders put the odds at about a coin flip for another rate cut on April 16The Bank of Canada is expected to cut interest rates more deeply as U.S. President Donald Trump’s tariff barrage sends world markets into a tailspin and data show the Canadian job mark...

Source: Financialpost April 04, 2025

Jon Love: The housing crisis has a simple solution — and it doesn't involve yet another government program

Cutting the taxes and regulation that stifle development would allow Canada's world-class developers to build quicklyWe continually hear from various levels of government about the latest programs, subsidies and other plans to deal with the housing crisis, b...

Source: Financialpost April 04, 2025

U.S. Senate passes resolution against justification for Canadian tariffs

The resolution passed the same day Trump imposed reciprocal tariffs to roll back what he views as 'unfair trade practices'A resolution that challenges United States President Donald Trump’s national security justification for tariffs against Canada, passed i...