Canada’s economy shrank slightly in the first three months of the year, marking two straight quarters of decline and raising concerns about a technical recession. […]
Tag: Finance
Bank of Canada releases its last interest rate update of 2025
The Bank of Canada will release its final interest rate update of the year next Wednesday. Canada’s central bank cut its key interest rate twice […]
Net-Zero Finance Alliance Launched by Mark Carney Shuts Down After Major Bank Departures
A global banking group that Prime Minister Mark Carney helped launch in 2021 to fight climate change has officially shut down. The UN-backed Net-Zero Banking […]
City Facing $1.9-Million Tax-Supported Deficit from 2023
Thunder Bay – The office of the city treasurer recommends allocating $1 million from Thunder Bay’s WSIB reserve to partially offset the municipality’s $1.9-million tax-supported […]
TD Bank Fined $9.2M for Neglecting Suspicious Transaction Reports
Canada’s financial intelligence agency has imposed a $9.2 million penalty on The Toronto-Dominion Bank for breaching anti-money laundering and terrorist financing protocols, coinciding with ongoing […]
