County Canadian Financial News

Canadians are increasingly looking for a stronger relationship with their bank, according to a new survey by Meridian Credit Union Ltd.

digital marketing expert, who previously worked in India for over three years, expressed frustration over his current annual salary of CAD 17,500 (approximately ₹10.78 lakhs).He shared his experience in a recent video interview with Piyush Monga, a digital creator, which has since gone viral on Instagram, receiving over 2,000 likes.The young professional, dissatisfied with his pay, voiced concerns about the undervaluation of Indian work experience in Canada. "Obviously, no one is happy.

The U.S. Federal Reserve’s 50-basis-point interest rate cut on Wednesday is set to have ripple effects north of the border, with experts pointing to implications for both the Bank of Canada and Canadian mortgage holders.

The Mastercard Foundation’s new money-management arm is in expansion mode, and executives have been finding new employees from one place in particular — the Ontario Teachers’ Pension Plan.

The Mastercard Foundation’s new money-management arm is in expansion mode, and executives have been finding new employees from one place in particular — the Ontario Teachers’ Pension Plan.

Chandra Arya on Tuesday raised the issue of violence against minorities in Bangladesh in Canadian Parliament in what was the first such statement in a Parliament in the West since the fall of the Sheikh Hasina government in early August. “I am deeply concerned by violence targeting religious minorities, including Hindus, Buddhists and Christians in Bangladesh. Every time there is instability in Bangladesh, religious minorities, particularly Hindus, face the brunt. The share of religious minorities in the population of Bangladesh has significantly decreased since it achieved its independence in 1971,” Arya pointed out in his statement. “From 23.1%, including about 20% Hindus, it has now come down to just about 9.6%, including about 8.5% Hindus. Canadian Hindus who have families in Bangladesh are concerned about the security and safety of their families, their temples and properties,” Arya claimed, adding, “They will be holding a rally on Parliament Hill next Monday, September 23, to highlight the current situation there. They will be joined by Canadian Buddhists and Christians who have families in Bangladesh.”

Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection

TORONTO —BMO Financial Group says it has won the reversal of a 2022 jury verdict against the bank in a lawsuit related to a Ponzi scheme in the United States.

The Insurance Bureau of Canada says a severe hail storm that battered Calgary last month is the second-costliest event in Canadian history.

TD Bank was ordered by a U.S. regulator on Wednesday to pay nearly US$28 million for repeatedly sharing inaccurate, negative information about its customers with credit reporting agencies, potentially tarnishing customers’ credit scores.

The announcement that the New Democratic Party is splintering from its coalition with the Liberals served as a reminder of what a colossal mess the government has left the national economy. The imbalances are shocking and numerous.

Some long-unaffordable pockets of Canada’s housing market could open up to first-time homebuyers this fall as interest rates decline but experts expect prices will hold relatively flat.

TORONTO — The group of authors in contention for this year’s $100,000 Giller Prize has been whittled down to 12, but one name is notably absent from the list: Bank of Nova Scotia.

The latest round of earnings has turned Bank of Nova Scotia’s analysts and portfolio strategists optimistic on the outlook for Canadian bank stocks.

When should income be taxed? Put another way, especially in the context of business income, how is profit for tax purposes computed?

The Bank of Canada is widely expected to deliver a third consecutive interest rate cut on Wednesday as inflationary forces continue to cool on both sides of the Canada-United States border.

Canada’s gross domestic product for the second quarter came in stronger than expected, but the details of the GDP report and the accompanying outlook for the start of the next quarter hinted at a stalling economy, economists warned.

The Canadian Imperial Bank of Commerce beat analysts’ expectations and reported higher profits this quarter compared to last year as the bank set aside a lower amount of money for potential bad loans and posted gains in most of its business segments.

EDMONTON — The Insurance Bureau of Canada says the wildfire that tore through Jasper is the second-most expensive one in Alberta’s history for insured losses.

Traditional financial planning models are designed to build portfolios that will fund a 30-plus-year retirement after age 65. But what do you do if your goals don’t align with that model?

An Equifax Canada report says missed credit payments were higher among younger Canadians in the second quarter due to living costs and unemployment.