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B.C.'s real estate market in 2025 will be more 'balanced,' analysts say
The B.C. Real Estate Association says it's expecting a fairly even balance between the number of people selling and seeking homes in the province in 2025, although its chief economist says a couple of factors could still disrupt an...
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Can the federal government afford the implementation of the GST holiday?
Economists say the federal government's temporary GST exemption on select goods could have inflationary consequences for the economy. Taleeb Noormohamed, the Liberal MP for Vancouver Granville, talks to BC Today host Michelle Eliot about...
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Nasdaq Helped Companies Raise Over $21 Billion in 2024: What's in Store for IPOs in 2025?
Jeff Thomas, Global Head of Listings at Nasdaq, joined Cheddar to share Nasdaq's expectations and predictions for IPO markets in 2025.
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Lower interest rates bringing more buyers into the home market
More people are getting into the housing market, now that interest rates are coming down, in three of Canada's hottest housing markets: Toronto, Vancouver, and Calgary. CBC's Scott Peterson is on that story for us.
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Lower interest rates bringing more buyers into housing market
Home sales are up in Canada's three largest residential real estate markets: Toronto, Vancouver and Calgary. Toronto home sales last month were up 40 per cent over November of last year, while year-over-year gains were 28 per cent in...
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GDP slows to 1% in the 3rd quarter: Statistics Canada
New numbers out today are giving us an idea on the health of Canada's economy. Stats Canada released the latest GDP information for the month of September, and for the third quarter. CBC business host Scott Peterson has the details.
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Connecticut has some of the nation’s high electricity bills. Is wind power the answer?
Trade unions say electric rates will drop if the state doubles-down on offshore wind. But a new study claims that green energy mandates will actually leave customers paying more.
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The loonie hit its lowest point in years. Here’s how that affects you
Now at its lowest value in five years, Canada's weak loonie benefits exporters by making their products more attractive, but it increases the cost of anything Canadians purchase in U.S. dollars. It also makes it much more expensive to...
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Egypt Eyes The Completion Of A Key IMF Review
Egypt kept its interest rates at a record high for the fifth straight meeting even as it weighed the impact of subsidy cuts. The country is also eyeing a closure to the International Monetary Fund's review for a bailout. The monetary policy
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India Faces Economic Setback With 5.4% GDP | World Business Watch
India's GDP Growth For The July-september Quarter Came In At Just 5.4%, Marking The Slowest Pace In Seven Quarters. This Starkly Contrasts With Earlier Expectations, Raising Concerns About The Country's Economic Outlook. The Slowdown Is...
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Geopolitical Tensions Spark Interest In Gold
Gold prices surged to a one-week high in the previous session-- that was supported by a weaker U.S. Dollar, as investors awaited signals from federal reserve officials regarding the future of U.S. Interest rates. Watch in for more details!
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India Finance Minister Says Bank Rates Should Be More Affordable
India's finance minister, Nirmala Sitharaman, called for lower interest rates and downplayed any dangers to economic growth. The reserve bank of India has kept rates unchanged for over two years.
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Vancouver misses annual housing target but says ‘on track’ to meet five year goal
The City of Vancouver has published its first Annual Progress Reporton the Provincial Housing Target Order and Interim Housing Needs Report. Despite challenges such as interest rates, construction costs and labour availability.
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Vancouver 'on-track' to meet 5-year housing goal after missing annual target, councillor says
The City of Vancouver has missed annual housing targets set by the provincial government, blaming the COVID-19 pandemic for the setback. But Coun. Peter Meiszner says council is confident the five-year goal will be reached.
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Kinew says he's 'keeping a finger on the pulse' when deciding future of gas-tax holiday
Premier Wab Kinew says giving Manitobans a break from the provincial gas tax was his NDP government's 'big, marquee' commitment over his first year in office. But with a ballooning deficit, he stresses it's only a temporary measure that...
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Peter Navarro on Trump's new tariff moves
White House senior counselor for trade and manufacturing Peter Navarro speaks with Scripps News about the latest changes to President Trump's U.S. tariff policy. (Scripps News)
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Fed chair says bank would have cut rates this year if not for tariffs
Federal Reserve Chair Jerome Powell defended the central bank's decision to not cut interest rates so far this year and said it would have already cut rates if not for tariffs. (Scripps News)
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Fed sees 2 interest rate cuts this year while leaving key rate unchanged
Despite the Federal Reserve expecting inflation to worsen due to tariffs, it expects to cut interest rates later in the year. (Scripps News)
Press Association
Pay cap of 500,000 euro at AIB and PTSB removed, Finance Minister says
A pay cap of 500,000 euro in place at AIB and PTSB is to be lifted, Finance Minister Paschal Donohoe said. Mr Donohoe, who made the announcement after the Government sold its final 2% stake in AIB on Monday, said it was not appropriate...
Press Association
Chancellor hoping to see 'trade barriers' with countries fall ahead of expected US-UK trade deal announcement
Chancellor Rachel Reeves said she wanted to see trade barriers between the UK and the rest of the world fall ahead of an expected announcement on a deal with the US. She told reporters the announcement followed a deal with India and came...
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Fed leaves rates unchanged, citing risks of inflation and unemployment
The decision came after a two-day meeting to assess the state of the U.S. economy. (Scripps News)
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Why the U.S. bond market sell-off is worrying some investors
Financial experts say consumers should also be paying close attention tot he bond market, especially amid times of economic uncertainty. (Scripps News)
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Federal Reserve’s upcoming decision on interest rates in spotlight as trade war continues
Federal Reserve Chair Jerome Powell will reveal the central bank's interest rate decision at the conclusion of a critical two-day meeting this week. (Scripps News)
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Dow sinks 1,000 points after President Trump's criticism of the Federal Reserve
The S&P 500 fell 2.6% Monday and was 16% below its record set two months ago.