Federal public service could shrink by almost 60,000 jobs, report predicts
Multiple departments have been asked to cut spending over each of the next three years
- By: Catherine Morrison, The Canadian Press
- July 24, 2025 July 24, 2025
- 16:18
Multiple departments have been asked to cut spending over each of the next three years
Participants provide "fresh perspectives," CEO says
Relief provides investment funds access to BoC's emergency liquidity
Rate cut unlikely next week, but Bank of Canada could still ease this year
Uncertain trade situation is impacting business confidence, economist says
The bank says it will leave its benchmark deposit rate at 2%
Purchase of De Thomas Wealth is expected to add $2.7B to IPC’s assets
In volume terms, overall retail sales decreased 1.4% in the month: Statistics Canada
U.S. president has backed away from comments suggesting the Fed chair could be fired
Agency urges ‘swift action’ to restore account within annual limit to minimize tax impact
SRO meeting terms of recognition order, three issues flagged by regulators
Scheme raised $20 million from investors, promising access to locked-in funds
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