A volunteer firefighter who battled one of Nova Scotia’s biggest wildfires must now shell out thousands of dollars to replace the fishing gear he lost to the flames.
Canadian spending habits showing early signs of slowing, RBC report findsYoung Canadians flocking to First Home Savings Accounts, banks sayMajority of parents worry about their kid's financial future: SurveyWhat to consider before budgeting with the cash-stuffing methodWonderFi interim CEO on possible changes now that crypto merger is
finalizedSet your investment portfolio for summer, but don’t forget itBank stocks versus GICs: Battle of the income titansCPA Canada says provincial organizations severing ties over governance disagreementsWhat you need to know to decide if trip cancellation insurance is worth the cost8 tax-free savings account misunderstandings that could be costly
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Despite Sluggish Uptake Amongst Most Major Banks, “Tens Of Thousands” Have Opened An FHSA With RBCRBC provided some insight into the uptake of its new First Home Savings Account (FHSA) on Thursday, revealing that 'tens of thousands' of Canadians have opened an FHSA since the bank launched the plan on April 20. 'We're seeing amazing interest in this new tax-free account, particularly among younge...
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Class Action Lawsuit Filed Against Canadian Pacific, Canadian National, and Transport Canada Over Wildfire NegligenceA potential class action lawsuit has been filed against Canadian Pacific, Canadian National, and Transport Canada, alleging negligence in the prevention of a wildfire in British Columbia. The plaintiffs claim that the defendants failed to minimize fire risk in fire-prone areas and ensure that the regular operation of trains would not spark a fire. The lawsuit also states that a witness saw smoke and flames near CN Rail's bridge, leading to job loss for the witness.
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Class Action Lawsuit Filed Against Canadian Pacific, Canadian National, and Transport Canada Over Wildfire NegligenceA potential class action lawsuit has been filed against Canadian Pacific, Canadian National, and Transport Canada, alleging negligence in the prevention of a wildfire in British Columbia. The plaintiffs claim that the defendants failed to minimize fire risk in fire-prone areas and ensure that the regular operation of trains would not spark a fire. The lawsuit also states that a witness saw smoke and flames near CN Rail's bridge, leading to job loss for the witness.
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Canadian big bank earnings to take hit from capital markets slump: RBCRBC says slumping capital markets and M\u0026amp\u003BA revenues are set to hit earnings at Canada’s biggest banks. Read more.
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Canadian spending habits showing early signs of slowing, RBC report findsA new report from RBC has found that spending in Canada has shown signs of slowing in July, with retail sales excluding vehicles still climbing, but at a slower rate. Discretionary goods and services spending has flattened, while travel has cooled off. Restaurant spending has been steadily increasing since January 2022, but the latest figures represent an increase in prices rather than more visits. The Bank of Canada's interest rate hikes have had little effect on spending habits as Canadians recover from the pandemic. The higher unemployment rate is also contributing to changing spending habits.
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Canada bank earnings to take hit from capital markets, M&A slump, RBC says - BNN BloombergSlumping capital markets and M&A revenues are set to hit earnings at Canada’s biggest banks when they report this month, according to Royal Bank of Canada.
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