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Financial Market News
You are at:Home»Posts Tagged "Canada" (Page 16)

Bank of Canada cuts interest rate by 25 basis points to 3%

By FinMar NewsJanuary 29, 2025

The Bank of Canada lowered its interest rate by 25 basis points to three per cent on Wednesday, the sixth consecutive reduction since June.The rate cut comes as U.S.…

Can pickleball go corporate in Canada?

By FinMar NewsJanuary 27, 2025

Like many retirees, 70-year-old William Shim has embraced the sport of pickleball as a way to keep fit and to socialize. But getting court space can be…

Canada calls for review of ‘business relationship’ with Amazon after Quebec

By FinMar NewsJanuary 24, 2025

The federal industry minister is calling for a review of Ottawa’s “business relationship” with Amazon after the company said it will close all seven of its…

Hershey Canada sending Cherry Blossom to the chocolate graveyard

By FinMar NewsJanuary 18, 2025

Some are grieving; some will dance on its grave. Hershey Canada is discontinuing Cherry Blossom, the novelty candy that consists of a syrupy maraschino cherry encased in milk…

Average asking rents hit a 17-month low across Canada in December

By FinMar NewsJanuary 9, 2025

Average asking rents fell nationally to $2,109 in December on a year-over-year basis, marking a 17-month low, according to a new report.A monthly report from Rentals.ca…

Trudeau says ‘not a snowball’s chance in hell’ Canada joins U.S.

By FinMar NewsJanuary 7, 2025

Prime Minister Justin Trudeau on Tuesday dismissed U.S. president-elect Donald Trump’s willingness to use “economic force” to absorb Canada into the United States by reiterating what his Canadian government has…

Toys ‘R’ Us Canada closing 5 stores in Ontario, revamping others and

By FinMar NewsJanuary 3, 2025

Toys “R” Us Canada says it is closing five Ontario stores and revamping several others as it works to “optimize” its business.The toy retailer says the…

Air Canada was ordered to pay him $15K for his delayed flights. Now they’re

By FinMar NewsDecember 31, 2024

For the last two and a half years, Rejean Landry has been caught in a legal battle with Air Canada, seeking compensation after his family arrived at…

Why Christmas trees in Europe are so much cheaper than in Canada

By FinMar NewsDecember 18, 2024

Every year in late November, in the central square of Padua, Italy, a spectacular Christmas tree goes up.Heavy with baubles and bright with lights (and the…

The Body Shop Canada sells majority of its business, 100 workers to lose

By FinMar NewsDecember 15, 2024

An Ontario court has given The Body Shop Canada the approval it needs to sell the majority of its business to a private equity firm.During a…

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