Tuesday, June 17, 2025, 4:22 pm permalink
The Bank of Canada has opted to keep interest rates unchanged during its latest meeting, citing economic unpredictability and persistent inflationary pressures. While policymakers remain cryptic about future moves, markets and economists alike await clearer signals on the central bank’s next steps amid ongoing uncertainties.
permalink / 4 stories from sources in 3 hrs #economy #finance #canada
At the sidelines of the G7 summit, Canadian officials announced a robust commitment to Ukraine by pledging $4.3 billion in defence support while simultaneously imposing fresh sanctions on Russia. This decisive measure reflects Canada’s resolve to bolster Ukraine’s security amid rising geopolitical tensions. More...
Following high‐level discussions during the G7 meeting, Canada and India agreed to restore full diplomatic services by appointing new high commissioners. The decision underscores both nations’ intent to deepen bilateral engagement as part of a broader recalibration of global diplomatic priorities. More...
In Alberta, Conservative MP Damien Kurek has resigned to fulfill his promise of vacating his seat, paving the way for party leader Pierre Poilievre to contest a byelection. This calculated political maneuver underscores strategic sacrifices that leave constituents scratching their heads over partisan timing. More...
The federal government’s decision to fast-track a sweeping major projects bill has ignited a firestorm of opposition. Indigenous leaders and stakeholders decry the rushed consultation process, questioning the transparency and accountability of a bill poised to dramatically reshape approval protocols for infrastructure and resource projects. More...
Federal officials are pressing ahead with plans to introduce open banking legislation, which will allow secure sharing of financial data beyond traditional banking channels. This transformative move is aimed at spurring competition and innovation while enforcing robust consumer protections throughout the evolving financial landscape. More...
G7 Summit at Banff: Leaders meet amid lackluster local buzz (15 hrs)
Northeast U.S. tourism hit by Canadian visitor drop (28 hrs)
Grand Prix CEO projects bright future post-2025 triumph (31 hrs)
Canadian government advances open banking legislation amid financial sector shifts (7 hrs)
Canadian banks escalate fossil fuel funding despite unprecedented heat records (7 hrs)
Aimia Reaches Settlement with CRA for $27 Million Refund (34 hrs)
Regina man aboard Air India flight crash prompts investigation (0 hrs)
Canada ramps up Ukraine support with aid package and sanctions (1 hr)
Canada and India reestablish diplomatic ties post‐G7 summit (1 hr)
Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.