Statistics Canada reports retail sales down 0.8% in July at $69.6B
Drop driven by lower spending at supermarkets and grocery stores
- By: The Canadian Press
- September 19, 2025 September 19, 2025
- 09:34
Drop driven by lower spending at supermarkets and grocery stores
Complaints about the firm’s services are “a construct,” a reply and defence to counterclaim states
"We ought not to be impediments to innovation," says Peter Routledge
Finance minister says budget will show a declining deficit-to-GDP ratio
Ex-central banker says levies could shrink global income by $40 trillion over the next decade
Pre-budget submission also calls for tax reforms and a balanced budget
Profitable crypto, FX trades allocated to proprietary accounts over investor pools
Agency uncovered several compliance violations in exam
Regulator approves exchanges proposed generic listing standards
EI beneficiary numbers climbed 13.2% between December 2024 and July
Home owners with variable mortgages expected to see a swift reduction in monthly payments
Deal aims to boost co-operation on trade, health and security
Economists are split on whether a cut will follow in November
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales