Inflation slows sharply to 1.7% in April
End of the consumer carbon price drove gas costs down, but grocery prices continued to climb
- By: Craig Lord, The Canadian Press
- May 20, 2025 May 20, 2025
- 09:22
End of the consumer carbon price drove gas costs down, but grocery prices continued to climb
Advise them on conflicting goals, reduced benefits and tax consequences
Fake crypto ETF post on regulator's account caused bitcoin to spike
U.S. attacks on academia provide an opportunity to bolster R&D in Canada
Plus, HUB International raises US$1.6B and pension funds bet on fibre infrastructure and energy
The consumer price index fell 0.1% and industrial production slowed in April
“Market conditions really took a hit when they started having these trade discussions,” says Re/Max Canada president
The Yale Budget Lab estimates that Trump will move the average U.S. tariff rate to 17.8%, the highest it's been since 1934
Eurozone growth forecast cut to 0.9%; risks "are tilted to the downside," says economy commissioner
New advisor, executive and board appointments at IG Private Wealth, Northern Trust, Global X Canada and more
Fallout from flighty U.S. policy starting to show up in economic data
Only 13% of survey participants said they’ve planned for PSW care
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