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Mortgage-free retirement? Not so for 29% of soon-to-be retirees - National | Globalnews.ca

Mortgage-free retirement? Not so for 29% of soon-to-be retirees - National | Globalnews.ca

For nearly a third of soon-to-be-retired Canadians, living a mortgage-free retirement may not be on the cards for at least a few years, a new report says.
Bank of Canada rate cut odds for June fall after April inflation data

Bank of Canada rate cut odds for June fall after April inflation data

Canada’s annual rate of inflation slowed to 1.7 per cent in April, Statistics Canada reported on Tuesday, down from 2.3 per cent in March.
Ontario 2025 budget: Highlights from bike lanes to alcohol revenue and housing  | Globalnews.ca

Ontario 2025 budget: Highlights from bike lanes to alcohol revenue and housing | Globalnews.ca

Ontario has tabled its 2025 budget, outlining its spending plans for the next year in an economy dominated by tariffs from the United States. The annual document gives an indication of the health of the province’s economy and includes major and minor policy announcements from the government.
Trade War Boosts Inflation Expectations, Bank of Canada Says

Trade War Boosts Inflation Expectations, Bank of Canada Says

Bank of Canada surveys show firms believe upward price pressures from the trade conflict with the US will exceed the downward pull from weaker demand, threatening to undo progress on keeping inflation expectations well-anchored.
‘Buy Canadian’ movement could add $10 billion annually to Canada’s economy, says BMO economist

‘Buy Canadian’ movement could add $10 billion annually to Canada’s economy, says BMO economist

The increasingly popular consumer-led initiative has the potential to add roughly $10 billion to the Canadian economy annually, lifting growth by 0.3 percentage points, estimates economist Robert Kavcic.

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