Budget 2025: Ottawa to end investment transfer fees in hope of more competition
OTTAWA -- Ottawa plans to make it easier for Canadians to move their banking and investment accounts in a bid to increase competition and reduce costs for consumers.
Craig Wong
While National Newswatch does not keep an archive of external articles for longer than 6 months, we do keep all articles written by contributors who post directly to our site. Here you will find all of the contributed and linked external articles from Craig Wong.
Unemployment rate climbed to 7.1 per cent in August as economy lost 66,000 jobs
Ottawa -- The Canadian economy lost jobs for the second month in a row and the unemployment rate climbed to its highest level since May 2016, excluding the pandemic period, Statistics Canada reported on Friday.
Trade deficit hits record in April as 'trade has totally collapsed' amid tariffs
Ottawa -- Canada posted its largest merchandise trade deficit on record in April at $7.1 billion as exports fell sharply in the face of U.S. President Donald Trump's tariffs.
CPP Investments sees opportunity in Carney's call for nation-building projects
The head of the Canada Pension Plan Investment Board sees opportunities for the big investment fund in Prime Minister Mark Carney's desire for large-scale, nation-building projects. CPP Investments chief executive John Graham says the fund has an appetite to continue growing its Canadian assets. "We're excited that it's going to lead to some pretty interesting domestic investment opportunities," Graham said...
CPP Investments sees opportunity in Carney's call for nation-building projects
The head of the Canada Pension Plan Investment Board sees opportunities for the big investment fund in Prime Minister Mark Carney's desire for large-scale, nation-building projects.
Canadian economy lost 33,000 jobs in March, biggest loss since 2022
The economy shed 33,000 jobs in March, the biggest loss since January 2022, while the unemployment rate ticked higher, Statistics Canada said Friday. The agency said the unemployment rate for March rose to 6.7 per cent compared with 6.6 per cent in February.
Canadian economy lost 33,000 jobs in March, biggest loss since 2022
Ottawa -- The economy shed 33,000 jobs in March, the biggest loss since January 2022, while the unemployment rate ticked higher, Statistics Canada said Friday.
Five things to watch in Canadian business in the new year
It was a busy 2024 for Canadian business: the Bank of Canada began cutting interest rates as inflation moderated and labour unions looked to make gains.
Canada's inflation rate falls to 1.6% in September, smallest yearly increase since 2021
Statistics Canada says the annual inflation rate continued to slow in September as drivers paid lower prices for gasoline than they did last year. The agency said Tuesday its consumer price index for September was up 1.6 per cent from a year ago compared with a year-over-year increase of two per cent in August. It was the slowest annual pace...