finance

In a shocking turn of events, a woman from British Columbia, Hailey Leo, found out that someone had taken out a whopping $260,000 mortgage in her name. This incident not only surprised her but also raised serious questions about the safety of personal banking information at CIBC, one of Canada’s major banks. How It All […]

In British Columbia and beyond, everyone’s talking about inflation, and for good reason. January’s Consumer Price Index (CPI) reported a surprising 0.5% increase, catching many experts off guard. With so many people affected by rising prices, understanding what this means is crucial for the families and individuals living in our communities. CPI Hits And Misses

Shopify Inc. (SHOP) has had a wild ride on the stock market lately, especially after it revealed its latest earnings. The Canadian e-commerce giant saw its shares soar initially, bursting to an impressive record high of $125.79. However, after the announcement, the stock found itself trading down to around $124.63, which is a decline of

In a surprising turn of events, Amazon’s stock has recently taken a significant hit after the company issued a disappointing sales forecast for the upcoming quarter. Despite showcasing remarkable earnings in the past months, the giant’s outlook has raised eyebrows among investors, as they were expecting stronger growth and higher revenue. This news has created

In a significant move reflecting its ongoing financial difficulties, Canada Post has announced the layoff of almost 50 managers this week. This decision comes amidst a troubling landscape of declining mail volumes and fierce competition in the parcel delivery market. The Crown corporation assures that despite these layoffs, the services to Canadians will remain unchanged.

Uber Technologies is gearing up to unveil its fourth-quarter earnings report, and investors are on the edge of their seats. Scheduled for release on February 5th, this report is crucial as it will reveal how the company performed over the past few months. With analysts predicting significant revenue growth, yet a drop in net income,

Wall Street is buzzing with activity as the S&P 500, a key stock market index, has been experiencing wild ups and downs lately. This rollercoaster ride is mainly due to various economic indicators that are sending mixed signals to investors. The fluctuations have some experts concerned while others see potential opportunities. What’s Happening with the

Palantir Technologies Inc. has grabbed headlines this week after its stock skyrocketed by an impressive 22%, following the release of its fourth-quarter earnings report that beat all expectations. Investors are buzzing about the company’s strong performance and bright future, particularly in light of its innovative use of artificial intelligence (AI) in various sectors. Earnings Report

The Canadian dollar is experiencing some major ups and downs lately. Just as it dipped below 68 cents against the U.S. dollar, news of potential tariff relief sent it soaring once more. This rollercoaster ride is largely due to new tariffs imposed by the United States, which have shaken markets and raised concerns among Canadian

In the bustling world of business technology, Shopify’s CEO Tobi Lutke has sparked a lively discussion on trade relations between Canada and the United States. His recent comments stem from the controversial 25% tariffs imposed by former US President Donald Trump on Canadian goods. Lutke hasn’t held back in expressing his view that Canada’s response