Ankita Vasishtha

In a move that has sent ripples through Canadian households, the Bank of Canada has announced a key interest rate cut of 0.25 percentage points, reducing it to a total of 3 per cent. This decision, made on January 29, 2025, means that many Canadians with variable-rate mortgages may soon see their monthly payments drop, […]

In a significant move to support the Canadian economy, the Bank of Canada (BoC) has announced a 25 basis point reduction in its key interest rate, bringing it down to 3%. This decision was made on January 29, 2025, as part of the bank’s strategy to stimulate economic growth amid various challenges, including a potential

On January 30, 2025, the Bank of Canada (BoC) is expected to announce another interest rate cut, marking the sixth consecutive reduction since last summer. Forecasters predict that this cut will lower the benchmark interest rate by a quarter percentage point to three percent. This decision comes amid a wave of changes in the economic

A huge fire devastated Isherwood Body & Fender, an autobody shop in Duncan, British Columbia, early Tuesday morning. The flames broke out around 5:20 a.m., and firefighters raced to the scene, arriving just two minutes later. Photos from the scene show towering flames, and it took a total of six hours for firefighters from three

In a significant move affecting communities across the country, Peavey Mart has revealed that several of its stores will be closing down as part of a broader restructuring strategy. This announcement includes locations in Ontario, Nova Scotia, and even some speculation about stores in Saskatchewan. The changes come at a time when many retailers are

Meta Platforms, known for its popular social media networks like Facebook and Instagram, saw its stock price rise by 4.5% on Wednesday. This increase came amid several positive developments that have investors feeling optimistic. Let’s explore what factors contributed to this rise and what it might mean for Meta in the coming months. Meta Benefits

In a significant move that has left many shoppers feeling concerned, Peavey Mart has announced the closure of several stores across British Columbia and other regions as part of an effort to restructure its operations. This decision, revealed on January 21st, targets over 20 locations, aiming to focus on more profitable areas while addressing the

Quebec tenants are being warned of steep rent increases in 2025, according to a recent report by Desjardins economists. The prediction highlights a sharp contrast with the rest of Canada, where rent inflation is expected to slow down. Factors such as ineffective rent control policies in Quebec and rising market pressures are major contributors to

Exciting news for cryptocurrency fans! Recent reports indicate that President-elect Trump may soon issue an executive order that prioritizes Bitcoin and other cryptocurrencies. This news has made many people optimistic about the market, causing Bitcoin prices to surge and smaller cryptocurrencies to jump significantly in value. What’s the Buzz About Bitcoin? According to a Bloomberg

Today, the Indian stock markets—composed of key indices such as the Nifty 50 and Sensex—are showing signs of recovery after a challenging day yesterday. Both indices faced significant losses due to a mix of global and local economic factors. However, pre-market alerts indicate a hopeful start for investors as the markets open higher. What to