Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Grocery habits may be returning to normal after inflation surge The head of one of Canada’s largest grocery chains says he’s seeing the early signs of consumer behaviour normalizing after years of trading down […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Bank of Canada cuts key interest rate again, signals more cuts ahead The Bank of Canada may adjust the pace of interest rate cuts if warranted, governor Tiff Macklem said after announcing a third […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Canadian economy grew in 2nd quarter, mostly from government spending and higher wages The Canadian economy grew 2.1 per cent at an annualized rate in the second quarter of 2024, though GDP per capita fell […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Inflation rate eases, cementing case for Bank of Canada rate cut Canada’s inflation rate is steadily moving back down to the Bank of Canada’s 2-per-cent target, solidifying an already strong case for the central […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Should Canada ditch the mortgage stress test? What experts are saying Despite recent interest rate cuts, the Canadian real estate market remained slow this summer. This has prompted some in the industry to call for […]
Welcome to our Weekly Digest – stay in the know with recent news updates relevant to business and the economy. Bank of Canada is now less concerned rate cuts will drive up home prices The Bank of Canada is now less concerned about home prices spiking as it lowers its benchmark interest rate, minutes from […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Bank of Canada cuts key interest rate again, more cuts ‘reasonable’ if inflation keeps easing The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, with governor Tiff Macklem […]
Running a business is hard enough without having to wrestle with out-of-date accounting records. That’s where cloud accounting comes in—a modern solution that can make your life a whole lot easier. This article explores why small businesses should embrace cloud accounting and how it can drive your success. What is Cloud Accounting? Cloud accounting involves […]
Read More… from Why your small business needs to switch to online accounting
Welcome to our Weekly Digest – stay in the know with recent news updates relevant to business and the economy. Removing domestic trade barriers could boost productivity, add $200 billion to economy annually The removal of interprovincial trade barriers could improve productivity and add as much as $200 billion to Canada’s economy each year, or $5,100 per […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Business, consumer sentiment subdued as economy slows The Bank of Canada says business and consumer sentiment remained subdued during the second quarter of the year even as the country saw its first interest rate […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Renters under pressure: When will the fever break in the hot rental market? Ask the average renter and they can tell you: Canadian rents have soared in recent years. The latest data from Rentals.ca and Urbanation shows the […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Canada’s GDP grew 0.3% in April, with rebound in some sectors Canada’s economy grew 0.3 per cent in April, helped by strength in several industries, including wholesale trade, oil and gas extraction and manufacturing, […]
These days, it’s easy for a business to expand into international markets. For Canadians, one of the biggest–and easiest–foreign markets to work in is the US. It’s made easy because the cultures and languages are alike, there’s a close proximity, and the laws are similar enough that businesses feel comfortable operating between the two countries. […]
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Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Canada’s economy ‘set to turn a corner’ Canada’s economy appears to be positioned for a rebound after experiencing weakness last year, but consumer spending is expected to be impacted by higher borrowing costs, tighter […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Bank of Canada has clear path to 3% interest rate The head of one of Canada’s biggest asset managers says “the conditions are right” for the Bank of Canada to cut its policy interest rate to […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Can a single rate cut make waves in Canada’s housing market? What to know The Bank of Canada’s first interest rate cut in over four years on Wednesday will have a “psychological” impact on the Canadian housing […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. GDP has economists divided on when Bank of Canada rate cut will come Canada’s economy progressively slowed throughout the early part of 2024, but economists are divided over whether that’s enough for prospective and existing homeowners […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Canada’s retail sales jump 0.7% in April after weak first quarter Canadian consumer spending sharply rebounded last month, according to preliminary data, after weaker-than-expected retail sales in the first quarter. Receipts for retailers jumped 0.7 […]
Financial models are invaluable tools designed to help you understand and project the financial health of your business. By simulating different scenarios and examining potential outcomes based on various inputs like sales growth, margins, and cash flow, these models provide a comprehensive picture that aids in informed decision-making. Practical steps for leveraging financial models: 1. […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Economists to have a close eye on April inflation report as BoC rate decision nears Forecasters expect this week’s inflation report to show Canada’s inflation rate fell last month, but financial markets are still […]