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Banks Offload $5.5 Billion of Musk’s X Debt to Investors, Source Says
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Banks Offload $5.5 Billion of Musk’s X Debt to Investors, Source Says

  • Noah Perreault
  • 6 February 2025
  • 0

Banks led by Morgan Stanley have successfully sold $5.5 billion of the $13 billion in debt they initially provided to support Elon Musk’s $44 billion […]

In 2021, the income of the top 1 percent of tax filers increased by nearly 10%, as reported by Statistics Canada.
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In 2021, the income of the top 1 percent of tax filers increased by nearly 10%, as reported by Statistics Canada.

  • Noah Perreault
  • 11 November 2023
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According to Statistics Canada, the highest-earning one percent of tax filers in the country experienced a nearly 10 percent increase in their incomes in 2021. […]

Food Banks Canada Report Portrays a Grim Picture of a Nationwide Affordability Crisis in Canada
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Food Banks Canada Report Portrays a Grim Picture of a Nationwide Affordability Crisis in Canada

  • Noah Perreault
  • 26 October 2023
  • 0

According to a Vancouver food bank executive, there are numerous heart-wrenching stories associated with the increasing number of Canadians turning to food banks due to […]

Bank of Canada; unlikely to further increase interest rates and may instead opt for a rate cut by mid-2024.
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Bank of Canada; unlikely to further increase interest rates and may instead opt for a rate cut by mid-2024.

  • Noah Perreault
  • 21 October 2023
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The Bank of Canada (BoC) is scheduled to release its interest rate update on Wednesday, October 25, at 10 am ET. This event will be […]

Bank of Canada stands ready to implement additional rate increases
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Bank of Canada stands ready to implement additional rate increases

  • Noah Perreault
  • 27 July 2023
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The Bank of Canada’s policymakers reiterated their readiness to continue raising their benchmark interest rate, despite already implementing the highest rate hike in 22 years […]

Canadians are eagerly seeking alternative methods to control inflation
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Canadians are eagerly seeking alternative methods to control inflation

  • Noah Perreault
  • 20 July 2023
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“With many central banks still signalling possible further rate hikes, we keep getting asked if there are other ways to combat inflation. The short answer: […]

Bank of Canada is anticipated to raise rates in the coming week; In light of rise in unemployment rate.
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Bank of Canada is anticipated to raise rates in the coming week; In light of rise in unemployment rate.

  • Noah Perreault
  • 8 July 2023
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The Canadian labor market is displaying indications of weakening as the unemployment rate increases and wage growth decelerates. However, despite these developments, forecasters anticipate an […]

The inflation rate in May decreased to 3.4 percent.
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The inflation rate in May decreased to 3.4 percent.

  • Noah Perreault
  • 28 June 2023
  • 0

Last month witnessed a significant decline in the annual inflation rate, raising debates among economists on whether it would sufficiently dissuade the Bank of Canada […]

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