finance

The S&P/TSX Composite Index, which is Canada’s main stock index, faced a significant drop today as it opened lower, sending waves of concern through the financial markets. By early morning, the index was down 2.4%, indicating a tough start for investors trying to navigate the current economic landscape. This decline has been largely attributed to […]

The U.S. dollar is currently making headlines as it shows signs of fluctuation ahead of major economic reports that are about to be released. Investors and economists are closely watching these trends to gauge the dollar’s strength in the upcoming days, with many significant factors at play. What’s Happening with the U.S. Dollar? Recently, the

In a significant development for taxpayers, India’s Finance Minister Nirmala Sitharaman recently unveiled the new income tax slabs during the Budget 2025 presentation. These changes aim to provide much-needed relief to the middle-class and introduce further options for taxpayers navigating their finances. Let’s dive into what these new tax slabs entail and how they might

Today, the stock market is buzzing with excitement as it continues to break records and set new trends. In British Columbia and beyond, investors are eager to know what is happening on Wall Street. The S&P 500 has been on a remarkable upward journey, growing more than 20% for the second year in a row.

The Canadian dollar, often lovingly referred to as the loonie, has experienced a significant surge, reaching a near five-week high against the U.S. dollar. This rally occurred amidst relief following a U.S. trade memo that indicated no immediate new tariffs on Canadian goods. This news brought smiles to many Canadians and even gave a boost

Recently, there’s been a lot of buzz around Tesla (TSLA) and its potential future plans, especially regarding a possible stock split. Investors from all over are keenly watching the developments as any change could affect the market and their investments significantly. Understanding Tesla’s Stock Split Talk A stock split occurs when a company divides its

Recently, Tesla released its latest earnings report, and while the numbers might not have impressed everyone, CEO Elon Musk remains optimistic about the company’s future. With all the hustle and bustle around electric vehicles, many people are watching closely to see how Tesla is doing in the market. Tesla’s Numbers Are Here The earnings report

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

In September 2023, there was a significant drop in Canada’s year-over-year inflation rate, which settled at 1.6%, the lowest it has been since February 2021. This decrease primarily stemmed from a considerable drop in gasoline prices, and it is exciting news for Canadians as it suggests that everyday costs might not rise so rapidly. At