US Creditworthiness in Question as China’s CCXI Lowers Rating Amid Fiscal Uncertainties
China Chengxin International Credit Rating Co. (CCXI), a joint venture with Moody’s Investors Service, has lowered the US credit rating
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Author: Hermina Paull
Lululemon Banks on Foreign Workers for Major Vancouver Expansion, Promising 2,600 Jobs
Lululemon (NASDAQ: LULU), the popular Vancouver-based athletic apparel company, has announced plans to extend its headquarters in Vancouver, creating 2,600
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Justin Trudeau Tries to Criticize Italy On LGBTQ+ Rights, Gets Snubbed by Premier Giorgia Meloni
At the recent G7 Summit hosted in Hiroshima, Japan, a rather awkward interaction unfolded between Canadian Prime Minister Justin Trudeau
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PBO Examines Liberals’ $13.8 Billion Deal with Volkswagen for Ontario Battery Plant
Canada’s Parliamentary Budget Officer (PBO) Yves Giroux has opened an investigation into the Liberal government’s unprecedented $13.8 billion subsidy to
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Inflation Impact: Canadians are Slashing Essential Living Costs to Counteract Rising Prices
As inflation surges, an increasing number of Canadians are countering the heightened cost of living by downsizing their household expenses
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CMHC: Mortgage Debt in Canada Surpasses $2 Trillion Amid Economic Headwinds
According to the CMHC’s Residential Mortgage Industry Report, Canada’s residential mortgage debt rose by 6% to $2.08 trillion in January
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Market Defies Expectations: Icahn Enterprises Faces $9 Billion Loss Following Failed Short Bets
Renowned activist investor Carl Icahn has conceded to making an erroneous prediction resulting in a massive loss nearing $9 billion
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UK’s Stubborn Inflation Fuels Expectations for More BoE Rate Hikes
UK’s inflation rate, which was expected to fall more significantly, dropped marginally to 8.7% in April from 10.1% in March,
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High Interest Rates and Household Debt: A Ticking Time Bomb for the Canadian Real Estate Market?
The Bank of Canada is sounding the alarm on the impact of rising interest rates on Canadian households, and the
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Twitter Spaces to Host Ron DeSantis’ Presidential Announcement Alongside Elon Musk
In an unorthodox fusion of politics and technology, Florida Governor Ron DeSantis is poised to announce his run for president
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