Canada’s housing price forecast cut: Fitch
A weaker labour market and economic prospects leads to downgrade
- By: James Langton
- June 24, 2025 June 24, 2025
- 16:38
Production expected to reach 3.5 million barrels a day this year
Clients say they want "peace of mind," even as young investors go DIY
Most insurance lines impacted, along with insurers' investment portfolios
Private crypto can't pass the test to serve as the new backbone of the global monetary system
Marlene Lenarduzzi has been appointed interim president and CEO
Decline wipes out gains from previous month, as tariff concerns, economic uncertainty weigh on sentiment
Plan membership grew faster than employment year over year: Statistics Canada
Central bank chair says data will drive decisions
Food, travel and mortgage interest costs also rose at a lower pace
Funding will help Conquest expand to U.S.
With price pressures easing, Fed officials split over timing of rate cuts amid political heat
Canadian companies among those positioned to benefit from adaptation push
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