Ottawa posts $19.3B deficit for April-to-February period of 2024-25
Rising revenues were offset by higher spending and debt charges
- By: The Canadian Press
- April 25, 2025 April 25, 2025
- 11:49
Rising revenues were offset by higher spending and debt charges
Early estimate shows rebound in March
Investors sold private structured products as part of a Ponzi scheme
Trade war, rising supply a "double whammy" for prices
Sitting had 280 candidates
Appeal of tribunal's rulings on merits, Charter issues, sanctions all rejected
U.K. body aims to drive growth by cutting firms' regulatory burdens
Regulators find certain funds are highly leveraged and complex
The organization warns spending and investment are on hold globally, while U.S. risks recession
Trump tariffs and prolonged political uncertainty weigh on Europe's largest economy
Business sentiment hits historic lows as small firms halt investment
Businesses continue to hold onto workers despite fears of an economic slowdown
U.S. tariffs on China's exports stand at 145%
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