Several Quebec economists are optimistic that inflation will recover somewhat in 2024 and interest rates will stabilize; However, since Quebec’s – and Canada’s – economy is closely linked to that of the United States, the forecasts of American economists can serve as an indicator, and one of them paints a particularly worrying picture for next … [Read more…]
Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Bird Global, the company that pioneered on-road electric scooter rentals, has filed for Chapter 11 bankruptcy protection in Florida, five years after becoming the fastest startup ever to reach a so-called “unicorn” valuation of over $1 … [Read more…]
Stay up to date with free updates Simply sign up for the US Interest Rate myFT Digest – straight to your inbox. Federal Reserve Chairman Jay Powell sent his clearest signal yet on Wednesday that the U.S. central bank is finished with two years of tightening monetary policy and will begin cutting interest rates in … [Read more…]
Giving your grandchildren an RESP for Christmas is a great idea, but you can also give them a cash gift. RESPs, RRSPs and TFSAs are worthwhile investments, but there are other options as well. Here are some suggestions to consider as Christmas gifts. Open an RESP The Registered Education Savings Plan (RESP) allows you to … [Read more…]
INSCMagazine: Get Social! Financial planning is incomplete without the use of financial calculators as it helps in making accurate decisions, especially for new investors in the market. Let us discuss the basic advantages that they offer – Systematic investment plan (SIP) calculators offer numerous benefits to investors who are considering or currently using SIPs to … [Read more…]
Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. UN climate negotiations on limiting global warming have focused on renewable energy for too long, according to the CEO of ExxonMobil, the largest Western oil company. In an interview with the Financial Times at COP28 in … [Read more…]
Class in: Business, science and technology, cryptocurrenciesTheme : Prizes and Rewards The launch of payment products for everyday transactions in Canadian dollars is an important milestone for Shakepay MONTRAL, Nov. 28, 2023 /CNW/ – Shakepay today launches payment products for everyday transactions for all of its customers – direct deposit, bill pay, friend e-transfer and … [Read more…]
Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Jun Ohta, chairman of Sumitomo Mitsui Financial Group and the driving force behind the bank’s recent wave of expansion in the United States and Southeast Asia, has died at the age of 65. Ohta’s death last … [Read more…]
When OpenAI announced Sam Altman’s return to the helm on Tuesday evening, an impromptu party broke out at the company’s San Francisco offices. As employees celebrated the reinstatement of the co-founder, who had been dramatically fired just four days earlier, the company’s investors and other tech leaders rushed to offer their support to Altman, and … [Read more…]
Debt causes insomnia for many Quebecers. It is not surprising that alleged financial restructuring advisors are trying to exploit their plight. As the population’s indebtedness grows, unscrupulous individuals have set up schemes to lure people struggling with their creditors into their networks. A quick fix that’s too good to be true, dubious fees, the impossibility … [Read more…]