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Financial News

We cover selected Canadian financial news and provide commentary and analysis on financial newsworthy stories in general.

a canadian in jeans with empty pockets, representing the debt issue
Budgeting Debt Economy Financial News Personal Finance

Ipsos Poll: Canadians Are Less Than $200 From Hardship, Implications For The Economy And Strategies To Tackle Debt, Explained

The recent Ipsos poll conducted on behalf of MNP Ltd. paints a worrisome picture of the financial health of Canadian households. With more than half of Canadians indicating that they are only $200 or less away from not being able to make ends meet, the implications for the economy are far-reaching. This article delves into…
July 11, 2023

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bank of canada interest hike
Economy Financial News

Unraveling The June 7th Rate Hike: Understanding The Rationale Behind Bank Of Canada’s Decision

The recent decision by the Bank of Canada to raise interest rates to 4.75% has left many Canadians perplexed, especially considering the challenges individuals face in making ends meet and the burden it imposes on mortgage holders nationwide. Here, we will provide insights into the factors that influenced the Bank of Canada's decision and we'll…
June 14, 2023

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real estate buildings in Canada
Financial News Real Estate

The Prohibition on the Purchase of Residential Property by Non-Canadians Act Now In Effect

The Government of Canada has implemented a new law to help make homes more affordable for Canadians. The Prohibition on the Purchase of Residential Property by Non-Canadians Act was put in effect on January 1, 2023, and will prevent non-Canadians and corporations controlled by non-Canadians from purchasing residential property in Canada for a period of…
January 1, 2023

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programmer laptop with lines of code. Constellation Software buys WideOrbit and spins out Lumine Group
Financial News Markets

Constellation Software’s Lumine Group buys WideOrbit and files preliminary prospectus for spin-out

Constellation Software is a company that specializes in acquiring, managing, and building specialized software businesses. The company's business model is centered around acquiring niche software companies, helping them to grow and expand their operations, and then managing them as part of its portfolio. This allows Constellation Software to generate revenue from a diverse range of…
December 12, 2022

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