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Trudie Mason welcomes in Dan Delmar, Co-founder of the content marketing firm TNKR Media and co-host of the podcast Inspiring Entrepreneurs Canada, and Caroline Codsi, Founder & Chief Equity Officer, Women in Governance. U.S President Donald Trump says he does not want to renew the Canada-U.S.-Mexico Agreement. The OQLF is asking a pair of restaurant owners to remove the words “nosh” and "nachos". The city of Montreal is replacing its general manager, but not without giving him a hefty amount of money on his way out. Bank of Canada governor Tiff Macklem says that based on the data he’s seen to date, Canada’s economy is weak, but “it is not clearly in recession.”
GESTIONNAIRES EN ACTION. Les taux d’intérêt des bons du Trésor américains à échéance de 30 ans s’approchent de la barre psychologique de 5%, ce qui fait craindre un repli des marchés boursiers. Julie Hurtubise, conseillère en placements à Gestion de patrimoine TD, soutient que plusieurs raisons peuvent expliquer cette situation. «À 5%, les obligations deviennent une vraie alternative aux actions. Donc, à ce niveau, certains investisseurs vont vouloir réduire leur risque. Ça crée donc un déplacement des capitaux, car ils vendent des actions pour s'en aller vers les obligations», dit-elle. Un autre point plus technique fait aussi craindre un repli des marchés boursiers, puisque si le seuil psychologique des 5% est franchi, cela pourrait déclencher des rééquilibrages automatiques des portefeuilles et provoquer une certaine volatilité à court terme. «Ça a aussi un effet négatif sur les valorisations des entreprises. Une action, c'est la valeur en dollars d’aujourd'hui des profits futurs d'une entreprise. Quand les taux montent, ces profits sont actualisés à un taux plus élevé et valent donc moins cher en dollars d’aujourd’hui. Résultat, les investisseurs sont moins enclins à payer des ratios élevés pour se procurer des actions», raconte-t-elle. Elle précise également que la hausse des taux d’intérêt rend aussi les emprunts plus coûteux, ce qui peut limiter les investissements et la croissance des bénéfices. Des craintes justifiées? Selon Julie Hurtubise, les craintes des marchés financiers reflètent un environnement où l'inflation demeure un peu plus persistante, notamment avec la récente remontée du prix du pétrole, ce qui repousse les attentes des baisses de taux d’intérêt des banques centrales. «Quand on se retrouve avec des taux plus élevés plus longtemps, les marchés n'aiment pas ça», dit-elle. Toutefois, elle estime que la situation actuelle n’est pas un signal de crise, puisque les entreprises continuent de générer des profits. «Les entreprises continuent de générer des profits, et tant que la croissance économique se maintient, les entreprises peuvent absorber les taux plus élevés. Les craintes sont donc réelles, mais peut-être un peu amplifiées», raconte-t-elle. La conseillère en placements explique que les investisseurs boursiers ont divers moyens de protéger leur portefeuille lorsque les taux des obligations à long terme sont élevés. «Ils peuvent augmenter leur exposition aux obligations, puisque celles-ci offrent des rendements intéressants avec moins de volatilité. Pour ce qui est des actions, on peut se retourner vers des entreprises un peu plus stables avec des flux de trésorerie solides ou vers celles qui versent des dividendes», dit-elle. La Banque du Canada garde ses options ouvertes Cette semaine, la Banque du Canada qui a gardé son taux directeur à 2,25%. Selon Julie Hurtubise, l’important pour les investisseurs est de retenir que le gouverneur Tiff Macklem préfère jouer de prudence, étant donné le conflit qui perdure au Moyen-Orient. «L'inflation fondamentale (excluant les composantes plus volatiles, comme l’alimentation et l’énergie) s'est stabilisée légèrement au-dessus de la cible de 2%, ce qui est encourageant. Toutefois, l'inflation globale a récemment remonté, en grande partie à cause des prix de l'énergie, ce qui crée de l’incertitude. C'est exactement pour ça que la Banque du Canada a choisi de ne pas bouger ses taux pour l'instant», dit-elle. Du jamais vu depuis 1992 à la Réserve fédérale américaine De son côté, pour la dernière décision du président Jerome Powell, la Réserve fédérale américaine a aussi choisi de garder son taux directeur stable entre 3,5% et 3,75%. Il y a toutefois eu quatre dissensions après la publication de la décision, ce qui constitue une première depuis 1992. «C'est très révélateur. Ça démontre qu'il y a un peu plus d'incertitude quant à la direction future des taux et que le consensus au sein de la Fed est beaucoup plus fragile», soutient Julie Hurtubise. Selon elle, les dissensions sont le résultat de données économiques qui envoient des signaux mixtes.Pour de l'information concernant l'utilisation de vos données personnelles - https://omnystudio.com/policies/listener/fr
Bank of Canada holds at 2.25% but the rate hold is the least interesting part.Tiff Macklem basically went on TV and said he wants to cut but can't. The economy is contracting, groceries are up 30% since 2021, oil just jumped from $60 to $100 a barrel, and the average Canadian filing for insolvency is carrying $67K in unsecured debt before they've even hit their mortgage renewal.The big banks can't agree on what happens next. TD says hold through 2026. BMO says hold through 2027. RBC says a rate hike to 3.25% by end of 2027. Scotiabank is calling a 50 basis point hike in the second half of 2026 and the bond market is currently pricing in a 73% chance they're right.If you're on a variable rate, the thesis just took a hit. If you're renewing in the next 8 to 12 months, don't wait for April 29th. Rates are already moving up regardless of what the BOC does next.
Canada is confronting a prolonged period of economic challenges, from global uncertainty to shifting trade alliances and tariffs. These pressures have tested the resilience of individuals and businesses — impacting purchasing power and investment confidence. Canadians rely on expert leadership at the Bank of Canada to navigate these complexities, from currency stability to monetary policy.On February 5, join the Empire Club of Canada for a keynote speech by Bank of Canada Governor Tiff Macklem, moderated by Rita Trichur, Senior Business Writer and Columnist for the Report on Business. In his address and the fireside chat that will follow, the Governor will share key insights into the main forces shaping Canada's economy and their implications for monetary policy. Hear directly from one of Canada's foremost economic leaders as he delivers his first major speech of 2026.
Saudações humanos!O Banco do Canadá manteve a taxa de juros em 2,25% pela segunda reunião consecutiva, mas o foco desta decisão vai muito além dos juros. Neste episódio, analisamos o alerta do governador Tiff Macklem sobre a revisão do CUSMA, as tarifas americanas e o fim do comércio aberto e previsível com os EUA.O Banco projeta crescimento modesto nos próximos anos, desemprego em alta e admite que, se a atividade desacelerar, cortes de juros são mais prováveis que aumentos. O que isso significa para a economia canadense, empresas e consumidores?As controvérsias, desafios e acontecimentos intrigantes nesta edição. Sintonize para análises aprofundadas e informações essenciais de Mar a Mar! Canadá Agora", seu podcast de atualidades do país.
The Governor of the Bank of Canada, Tiff Macklem, announced the fourth policy interest rate cut this year, down by a quarter of a percentage point to 2.25%, signaling a steadiness in inflation, while simultaneously warning of a weakening economy. It comes in the midst of a volatile U.S.-Canada trade war, and ahead of a later-than-usual federal budget, with a projected deficit of close to $70 billion. Host Mike Eppel speaks to Barry Schwartz, President and Chief Investment Officer at Baskin Wealth to get a pulse check of the Canadian economy ahead of the upcoming November 4th federal budget. We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:Through email at hello@thebigstorypodcast.ca Or @thebigstoryfpn on Twitter
The Governor of the Bank of Canada, Tiff Macklem, announced the fourth policy interest rate cut this year, down by a quarter of a percentage point to 2.25%, signaling a steadiness in inflation, while simultaneously warning of a weakening economy. It comes in the midst of a volatile U.S.-Canada trade war, and ahead of a later-than-usual federal budget, with a projected deficit of close to $70 billion. Host Mike Eppel speaks to Barry Schwartz, President and Chief Investment Officer at Baskin Wealth to get a pulse check of the Canadian economy ahead of the upcoming November 4th federal budget. Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!
GESTIONNAIRES EN ACTION. La Banque du Canada et la Réserve fédérale américaine ont toutes deux réduit leur taux directeur d’un quart de point cette semaine, mais les prochaines baisses pourraient devoir attendre. «Les marchés ont très peu réagi initialement à la baisse des taux, tant aux États-Unis qu'au Canada. Les investisseurs l'avaient déjà largement anticipé. Les probabilités montraient plus de 92% de chance d'une coupe à la Fed et 70% pour la Banque du Canada», explique Julie Hurtubise, conseillère en placements principale à Gestion de patrimoine TD. Elle précise toutefois qu’après coup, les marchés ont reculé. «D'une part, les deux banques centrales ont adopté un ton plus prudent. La Fed a clairement laissé entendre qu'il n'y avait aucune garantie d'autres baisses à court terme. Puis la Banque du Canada a dit que son taux se trouvait à peu près au bon niveau», dit-elle. Julie Hurtubise précise que les marchés boursiers aiment la prévisibilité et peuvent devenir plus frileux lorsque les banques centrales laissent planer le doute sur la suite des choses. Selon elle, la cible d'inflation à 2 % est toujours au cœur de la politique monétaire, autant pour la Fed que pour la Banque du Canada. «Toutefois, ce n'est plus le seul facteur qui guide les décisions. La Banque du Canada regarde aussi le reste du portrait, comme la croissance économique, le chômage et le contexte commercial qui est plutôt fragile en ce moment», énumère-t-elle. La Réserve fédérale américaine vise aussi une inflation à 2%, mais il ne faut pas perdre de vue qu’elle a un double mandat, soit de surveiller la croissance économique et le taux de chômage en plus de l’inflation. «C'est ce qui explique le ton plus prudent du président de la Fed, Jerome Powell, pour les prochaines réunions», affirme-t-elle. La Banque du Canada en a assez fait… pour le moment Le gouverneur de la Banque du Canada, Tiff Macklem, a affirmé qu'il en avait assez fait pour le moment, avec un taux directeur à 2,25 %, ce qui ne signifie qu’il estime que la politique monétaire est déjà assez accommodante et qu'il faut maintenant laisser la place au gouvernement fédéral, dont le prochain budget sera dévoilé le 4 novembre, pour soutenir l’économie. Quant à Jerome Powell, il a clairement affirmé qu’aucune décision n’avait encore été prise pour la réunion de décembre. «Il y a aussi un autre élément important dont il faut tenir compte avec la paralysie partielle du gouvernement américain. La Fed fonctionne actuellement avec moins de données qu’à l’habitude, puisque plusieurs agences fédérales ne publient pas leurs statistiques pendant la fermeture du gouvernement américain», rappelle Julie Hurtubise. Les marchés ont aussi déjà les yeux tournés vers 2026, mais rien n’est encore joué d’avance et un rebond de l’inflation pourrait même forcer les banques centrales à relever leur taux directeur l’an prochain. *Le balado «Gestionnaires en action» a reçu un honneur, étant reconnu en juin dernier dans le Top 100 des meilleurs balados sur les marchés financiers en ligne par la société américaine Million Podcasts.Pour de l'information concernant l'utilisation de vos données personnelles - https://omnystudio.com/policies/listener/fr
Tensions were high and as expected it was standing room only at a meeting held last night in Richmond. It was an information meeting for landowners affected by a recent court ruling. The B.C. Supreme Court ruled in August that a parcel of land in south Richmond was historically a Cowichan summer village. The Bank of Canada has cut its benchmark interest rate by a quarter point today to 2.25% as economists widely expected. Bank of Canada governor Tiff Macklem says there isn't much more it can do at this point to help the country through the turmoil tied to tariffs - something he considers a structural shock to the economy. Learn more about your ad choices. Visit megaphone.fm/adchoices
Rage contre les piscines: des dizaines de lecteurs écrivent à la rédaction du Journal. Le Gouverneur de la Banque du Canada, Tiff Macklem, fait de la politique à Saskatoon. Discussion économique avec Francis Gosselin, économiste. Regardez aussi cette discussion en vidéo via https://www.qub.ca/videos ou en vous abonnant à QUB télé : https://www.tvaplus.ca/qub ou sur la chaîne YouTube QUB https://www.youtube.com/@qub_radioPour de l'information concernant l'utilisation de vos données personnelles - https://omnystudio.com/policies/listener/fr
This week’s decision on interest rates by the Bank of Canada was a complex one, considering the pressures of inflation and weakening economic growth. Amanda Lang discusses the issues with Tiff Macklem, Governor of the Bank of Canada.
Canada's Central Bank lowered rates this week to the surprise of no one. Tens of thousands of jobs were lost over the summer, and inflation, if not easing, does appear to be contained. But as the Bank said in its statement, the path ahead will still be very much determined by what happens on trade. Host Amanda Lang speaks to Tiff Macklem, Governor of the Bank of Canada, about the decisions ahead and how friction with the US will continue to affect our economy.
Big fiscal deficits, trade wars, immigration, and monetary debasement with guest Pierre Poilievre. We discuss the outlook for Canadian energy, taxes, and Tiff Macklem. Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit https://www.neighbourhoodholdings.com/looniehour to learn more!Check out Saily at https://www.saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% off your first purchase!
Bank of Canada Governor Tiff Macklem spoke today at the Board of Trade luncheon at the JAG Hotel in St. John's. We discuss what was said with the financial advisor who is On The Go's guru when it comes to money and economic matters in the province. (Krissy Holmes with Larry Short, senior portfolio manager and investment advisor with ShortFinancial - iA Private Wealth)
Interest rates weren't cut this week. Why? Well, it's complicated. The Bank of Canada didn't give borrowers a break when it set policy on Wednesday, as Tiff Macklem cited the need to wait for more data points. The word "uncertainty" is being thrown around, although ironically, the economy was actually stronger in the first quarter than forecast. Host Mike Eppel speaks to experts about the lack of a cut and what that means for the market, home buyers and home owners. Guests: Claire Fan, Senior Economist, Royal Bank of Canada Phil Soper, President Royal LePage We love feedback at The Big Story, as well as suggestions for future episodes. You can find us: Through email at hello@thebigstorypodcast.ca Or @thebigstoryfpn on Twitter
Interest rates weren't cut this week. Why? Well, it's complicated. The Bank of Canada didn't give borrowers a break when it set policy on Wednesday, as Tiff Macklem cited the need to wait for more data points. The word "uncertainty" is being thrown around, although ironically, the economy was actually stronger in the first quarter than forecast. Host Mike Eppel speaks to experts about the lack of a cut and what that means for the market, home buyers and home owners.Guests: Claire Fan, Senior Economist, Royal Bank of Canada Phil Soper, President Royal LePage Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!
Tiff Macklem of the Bank of Canada sounds the alarm on the economic reality that Canada could be facing and have little mechanisms to counter it. We also juxtapose this news with what we've been inundated with recently and discuss what is really top of mind for people.Send a one-time contribution to the show - https://www.paypal.com/donate/?hosted_button_id=XARF5X38AMZULListen to our Podcast on the go: https://podcasters.spotify.com/pod/show/elev8podcastTikTok: https://www.tiktok.com/@elev8podcast X: https://twitter.com/TheElev8Podcast0:00 - Intro1:14 - The CBC Slant on Ruby Dhalla8:45 - Tiff Macklem Sounds the Alarm
In this episode, we discuss the recent cut of 25bps by the Bank of Canada, bringing the overnight rate to 3%. We break down the key takeaways from Tiff Macklem’s press conference, the uncertainty surrounding tariffs, and why QE could be back on the table if government spending ramps up. We also break down big tech earnings from Meta, Microsoft, and Apple, analyzing what’s driving their growth and how their AI investment strategies are evolving now that they’ve had nearly two weeks to assess DeepSeek’s newly released LLM. Finally, we discuss the latest results from CP and CN Rail, why Dan sold his CN shares for CP, and what the numbers reveal about the broader economy. Tickers of Stocks/ETFs discussed: CNR.TO, CP.TO, MSFT, AAPL, META Check out our portfolio by going to Jointci.com Our Website Canadian Investor Podcast Network Twitter: @cdn_investing Simon’s twitter: @Fiat_Iceberg Braden’s twitter: @BradoCapital Dan’s Twitter: @stocktrades_ca Want to learn more about Real Estate Investing? Check out the Canadian Real Estate Investor Podcast! Apple Podcast - The Canadian Real Estate Investor Spotify - The Canadian Real Estate Investor Web player - The Canadian Real Estate Investor Asset Allocation ETFs | BMO Global Asset Management Sign up for Finchat.io for free to get easy access to global stock coverage and powerful AI investing tools. Register for EQ Bank, the seamless digital banking experience with better rates and no nonsense.See omnystudio.com/listener for privacy information.
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The new transporation secretary is now reversing Biden policies in regards to EVs. Stephen Miller explains why getting rid of the illegals will not hurt the economy. Did China try to bring the market down? Trump is offering federal workers a buy out, drain the swamp. Fed pushing narrative that Trump will intervene, boomerang. The [DS] is panicking over everything that Trump is doing, he is cutting programs, firing people and draining the swamp. Lawsuits against what he is doing will fail. RFK jr confirmation hearing was full of corrupt Senators who are in the pocket of big pharma. Those who screamed the loudest have the most to lose. Follow the money. Big Pharma is now panicking. Trump is testing the waters to see how the [DS] reacts, Gitmo being prepared for illegals. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/ThomasCatenacci/status/1884427380665569688 https://twitter.com/ultrapepemqtter/status/1884470858040619283 TAKE A LISTEN BREAKING: Biden-Appointed Judge Blocks Trump Federal Spending Freeze A judge temporarily blocked Trump's order to freeze federal funding on public loans and grants. Judge Loren AliKhan, a Biden appointee, granted a temporary stay on Trump's plan to freeze federal funding. On Monday, Trump's Office of Management and Budget (OMB) put a temporary pause of agency grant, loan and other financial assistance programs. This temporary pause will provide the Administration time to review agency programsand determine the best uses of the funding for those programs consistent with the law and thePresident's priorities. The temporary pause will become effective on January 28, 2025, at 5:00PM. Even before completing their comprehensive analysis, Federal agencies must immediatelyidentify any legally mandated actions or deadlines for assistance programs arising while thepause remains in effect. Federal agencies must report this information to OMB along with ananalysis of the requirement. OMB also directs Federal agencies to pause all activities associated with open NOFOs, such as conducting merit review panels,” the OMB added. NBC News reported: Source: thegatewaypundit.com https://twitter.com/BehizyTweets/status/1884376272932876295 https://twitter.com/KobeissiLetter/status/1884412236459806811 Bank of Canada cuts interest rate by 25 basis points to 3% Bank of Canada governor Tiff Macklem and senior deputy governor Carolyn Rogers give a statement and answer questions after the bank cut the key interest rate by 25 basis points to three per cent. The Bank of Canada lowered its interest rate by 25 basis points to three per cent on Wednesday, the sixth consecutive reduction since June. Source: cbc.ca The Federal Reserve may try something new: Pausing Source: msnc.com Fed expected to hold rates steady at FOMC meeting even as Trump dials up pressure The US president is threatening to impose tariffs on Mexico, Canada, and China as early as this Saturday, a stance that some economists predict will put upward pressure on inflation at a time when the central bank is trying to ensure that issue is finally under control. What makes things more complicated is that Trump is making it clear he wants policymakers to cut rates further. He hinted last week at a coming clash with Powell on that subject, saying he wants rates to come down "a lot" and that he expects to talk directly with the Fed chair "at the right time." Source: yahoo.com
Host Alex Pierson speaks with Tom Korski, the Managing Editor of Blacklock's Reporter about Canadians in Privy Council focus groups do not believe claims by the Environment Minister Steven Guilbeault that they pay less in carbon tax than they receive in cheques, Bank Of Canada Tiff Macklem last night dismissed worries over the falling value of the Canadian dollar, the Budget Office for the second time in three months has calculated figures showing cabinet inflated claims of military spending. All this and more! GUEST: Tom Korski - Managing Editor of Blacklock's Reporter X(formerly Twitter): @mindingottawa Learn more about your ad choices. Visit megaphone.fm/adchoices
Alex Pierson speaks with Tom Korski, the Managing Editor of Blacklock's Reporter about Bank of Canada Govenor Tiff Macklem yesterday said Canada's economic future is uncertain and warned there ''will always be new shocks'', the Privy Council Office plans a nationwide video conference this fall ''to reaffirm values and ethics'' for federal employees. All this and more! GUEST: Tom Korski - Managing Editor of Blacklock's Reporter X(formerly Twitter): @mindingottawa Learn more about your ad choices. Visit megaphone.fm/adchoices
The first half of today's After 9 episode is all listener DM's and a word of marriage advice from Scott. We also discuss Hulk Hogan's new beer, A grade 8 science project that blew us away, Tiff Macklem doesn't understand regular families, and more. Learn more about your ad choices. Visit megaphone.fm/adchoices
Last week, the Bank of Canada finally gave investors a bit of relief… in the form of a .25% interest rate cut. On this week's TLDR, what this minuscule cut means for investors, savers and anyone trying to make sense of the global economy. And, how a memestocker sent GameStop soaring — and, for a brief moment, looked like he was possibly on course to become a billionaire. Plus, how Abercrombie & Fitch rebranded — and became one of the best performing stocks on the market.This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldrThe TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.
An interest rate cut of a quarter of a percent might not sound like much. But as the first cut in four years following the COVID-19 pandemic and all the economic upheaval that followed, it's a big deal. And it could be the first of several in the months ahead.But what does that mean for you? How does that affect your ability to afford things like a mortgage, a car, groceries, or growing your business? And after a rocky couple of years, do people even have faith in the Bank of Canada's ability to keep things under control anymore?CBC senior business correspondent Peter Armstrong breaks it all down, including insights from an exclusive interview with BoC governor Tiff Macklem.Help us make Front Burner even better by filling out this audience survey.
One of the best performing stocks of the past 25 years probably isn't one you'd expect. On this week's TLDR, a deep dive into Monster, the energy drink company delivering caffeinated returns. Plus, a look at Amazon's distribution network and the disgruntled drivers who power it. And, why the Fed's not cutting rates any time soon and what it might mean for investors.This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and VP of Product Swap Parikh. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldrThe TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.
The Bank of Canada held the key interest rate at 5% in the April 10th announcement. Inflation is slowing and Tiff Macklem, Governor of the BOC tipped that a June rate cut may be “within the realm of possibilities”. Joining host Pamela Ritchie for a special interview today to is Don Drummond, former TD Bank Chief Economist, who will breaks down what this latest Bank of Canada decision means for inflation, industry trends and financial markets. Recorded on April 11, 2024. At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information. For the third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 Environics' Advisor Digital Experience Study.
This week on TLDR: What do central bankers actually do? We find out what it takes to make the economy not too hot, not too cold, but just right. Plus, we take a trip to AI Woodstock (aka the Nvidia product launch) and find out what Jensen Huang and Justin Timberlake may have in common. Also, why some realtors may be out of a job soon, and why crypto is the ransom of choice.This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedge funder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldrThe TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.
Tiff Macklem is on deck next week. Bitcoin hits record highs in Canadian dollars. Financial conditions are easing, pushing US equities and inflation higher. Canadian banks report earnings, the mortgage renewal wall is still a very big problem. GDP per capita declines for the sixth straight quarter. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/find-an-etf/?ecid=dw-LHPODNovGAM1-ADBMO26See omnystudio.com/listener for privacy information.
In our latest episode, we ventured back in time to the start of 2023 to review the predications we made about how Real Estate in 2023 would unfold. Beginning with Marco economic drivers, global trends and then backing down into the local economic real estate market. We made bold predictions and share insights on various economic fronts some with great accuracy and others... without!For example, Covid was a huge topic at the start of 2023 and Ryan's foresight was intriguing, especially his anticipation of a second supply chain shutdown linked to another virus surge - However, the unfolding reality proved he couldn't have been more wrong but as he alludes to in the episode, he was also very happy about being wrong on this one! On a different note, Dan's accurate prediction of a world without more lockdowns demonstrated a more accurate understanding of the evolving situation.The war in Ukraine emerged as a focal point and while Ryan envisioned a time where the world could have come to Canada for it's vast amounts of energy resources. Unfortunately, governmental restrictions, moral high grounds and not a enough infrastructure built emerged as the limiting factors, overshadowing the potential he foresaw for a potential resource boom.Navigating the realm of quantitative easing and tightening, Dan's foresight proved accurate as he predicted a Quantitative Tightening (QT) scenario for the remainder of the year, resulting in a drop in Canada's money supply. We discussed the potential of a recession which brought mixed results from both of us. Dan's technical stance against a recession held true, although per capita data revealed a rise in unemployment. Conversely, Ryan prediction of a minor recession aligned with the actual outcome, including his predictions on GDP, inflation and wage growth fell ended up for more accurate than he anticipated.Immigration took center stage, surpassing the expectations outlined by both Dan and myself. The repercussions on rental numbers unfolded as predicted although neither of us saw rents rising by 8% on average before the end of the year. Turning our attention to the job market predictions framed a 5.2% unemployment rate, Dan's foresight on wage growth and unemployment rates proved remarkably close to reality. Ryan's slightly higher unemployment forecast may yet find equilibrium in future data but not by the end of this year!We looked closely at Inflation which was running at 6.8% during the initial predictions recording and mortgage rates saw a deviation from both of our forecasts, indicating the unpredictable nature of financial institutions and proving that no one can anticipate Tiff Macklem's strategy or the kinds of information the BoC will deem important at any given time. Stock market movements are currently near all-time highs as, which when you consider the quantitative tightening that took place over the last year, we're not sure anyone could have guessed the S&P 500 to experience a surge of this magnitude. From there we got into Vancouver Real Estate price prediction, immigration levels, federal, provincial and municipal policy changes and lastly which markets out performed the GVRD in 2023!Definitely tune into this entertaining episode and have a laugh with us as we found out where we went wrong but also what we got right as we hold ourselves (at times) embarrassingly accountable to our 2023 predictions. _________________________________ Contact Us To Book Your Private Consultation:
Bank of Canada governor Tiff Macklem yesterday said inflation may be getting close to the bank's target of 2% by the end of next year, and while not making a commitment did say as well the BOC is increasingly confident interest rates will not have to be moved higher in order to get prices back under control. The Canadian economy shuddered in 2023 with the Bank of Canada repeatedly raising interest rates and inflation climbing so significantly a many Canadians told pollsters they are "tapped out" and 40% lose sleep each night worrying about their personal financial reality, Canadian homeowners in large numbers have concerns they will not be able to afford their homes as mortgage rates climb. Canadians are living with $2.4 trillion debt according to Equifax as 2023 comes to a close. Are we headed into a 2024 recession? Are we experiencing a recession now (even if its not technical)? Is the BOC's Governor's prognosis real or pie in the proverbial sky? Guest: Professor Eric Kam. Macroecnomist. Toronto Metropolitan University. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today's podcast: A strained relationship between the province of Saskatchewan and the federal government continued to become increasingly challenged in 2023, resulting in the province passing the Saskatchewan First Act, designed to protect the province from constitutional overreach by the federal government. Saskatchewan premier Scott Moe told us repeatedly the Trudeau government was engaged in attacks on the province over Ottawa's energy policy which was endangering national unity. - Has the situation eased at all, or should we expect ever more acrimony in 2024? Guest: Scott Moe. Premier. Saskatchewan. Bank of Canada governor Tiff Macklem yesterday said inflation may be getting close to the bank's target of 2% by the end of next year, and while not making a commitment did say as well the BOC is increasingly confident interest rates will not have to be moved higher in order to get prices back under control. The Canadian economy shuddered in 2023 with the Bank of Canada repeatedly raising interest rates and inflation climbing so significantly a many Canadians told pollsters they are "tapped out" and 40% lose sleep each night worrying about their personal financial reality, Canadian homeowners in large numbers have concerns they will not be able to afford their homes as mortgage rates climb. Canadians are living with $2.4 trillion debt according to Equifax as 2023 comes to a close. Are we headed into a 2024 recession? Are we experiencing a recession now (even if its not technical)? Is the BOC's Governor's prognosis real or pie in the proverbial sky? Guest: Professor Eric Kam. Macroecnomist. Toronto Metropolitan University. As Israel, in response to the October 7 Hamas murder, rape and kidnapping assault inside its borders continues its war on Hamas and faces an increasingly hostile international response with calls supporting Genocide of Jews and annihiliation of Israel, Canada voted this week in support of a U.N. resolution calling for a humanitarian ceasefire. A motion which did not mention Hamas, a designated by Canada terrorist organization by name. Nevertheless, does Israel have concern it is, by the nature of its military assault on Gaza in pursuit of Hamas' leaders, becoming increasingly isolated internationally and compromising positive engagement with governments in the region developed over decades? Israel's Ambassador to Canada declared the Trudeau government's support of the U.N. motion to be "naive." Guest: Iddo Moed. Israel's Ambassador to Canada. Canadian armed forces (CAF) lack of world class war-fighting equipment in this increasingly unstable world significantly alarms one of Canada's most decorated and respected military leaders. (CAF members forced to purchase off the shelf personal gear).. In March of this year our guest delivered a major speech at the annual Conference of Defence Associations Institute in Ottawa to which he provided me exclusive access and during which he warned "we are not taking defence and secuirity seriously in this country and our way of life is jeopardy as a result." Guest: Vice Admiral Mark Norman (ret'd). Former Commander, Royal Canadian Navy and Vice Chief of the Defence Staff. --------------------------------------------- Host/Content Producer – Roy Green Technical/Podcast Producer – Tom McKay Podcast Co-Producer – Matt Taylor If you enjoyed the podcast, tell a friend! For more of the Roy Green Show, subscribe to the podcast! https://globalnews.ca/roygreen/ Learn more about your ad choices. Visit megaphone.fm/adchoices
We interview the president of Canadians for Nuclear energy Dr. Chris Keefer to discuss nuclear energy and why the current government has suddenly taken a u-turn on nuclear energy policy. We then discuss the Federal budget update, housing funds and the AirBnb changes coming. CPI in Canada falls back to within the BoC's target, and comments from Tiff Macklem. Check out Canadians for Nuclear Energy: https://www.canfornuclearenergy.org/ Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26 The Loonie Hour is live in Toronto on November 30th! Join us for drinks, appetizers, a live podcast, and Q&A session! Tickets for the live event in Toronto: https://www.eventbrite.com/e/the-loonie-hour-live-in-toronto-tickets-742892650917?aff=oddtdtcreator Please answer the Loonie Hour Survey and let us know more about you guys! This will help us create better content that'll resonate with you!https://www.surveymonkey.com/r/TheLoonieHourSee omnystudio.com/listener for privacy information.
“For a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” Bank of Canada Governor, Tiff Macklem, recently spoke to members of Finance Committee, only to finally admit what Conservatives have been saying for quite some time: Justin Trudeau's […]
Bank of Canada Governor Tiff Macklem says he knows Canadians feel financially squeezed by aggressive interest rate hikes, but insists doing nothing to curb inflation would have been worse. He tells Matt Galloway why he's confident those measures are working, even if he's not ruling out raising interest rates again in future.
''The country has no growth, no productivity, higher interest rates and way too much debt,'' David Dodge says. Tiff Macklem says interest rates will not go down until next fall. Many Canadians cannot live like this. Host Alex Pierson speaks with Ron Butler, Mortgage Broker with Butler Mortgage. How is this affecting all the markets? Learn more about your ad choices. Visit megaphone.fm/adchoices
Reuters: 'Canada's declining productivity streak adds to inflation problem.' Canada's productivity has in eleven of the last 12 quarters fallen to 2016 levels. Tiff Macklem, BOC Governor: "Weak productivity growth has been a serial problem for Canada." Why? Impact where and how deeply? AND: Assessing the Liberals Bill C-56. New Housing and Groceries Affordability Act, introduced into parliament on Thursday. Guest: Professor Eric Kam. Macroeconomist, Toronto Metropolitan University. Learn more about your ad choices. Visit megaphone.fm/adchoices
Host Alex Pierson speaks with Tom Korski, Managing Editor of Blacklocks Reporter, about Bank of Canada management including Tiff Macklem would face tighter public scrutiny under a private bill yesterday introduced the Senate, David Johnston in three months as cabinet ''rapporteur'' on Chinese Interference awarded millions in sole-sourced contracts to favoured consultants, records show. All this and more! Learn more about your ad choices. Visit megaphone.fm/adchoices
The Conservative Party of Canada is leading big in the polls and today, they meet in Quebec for a convention to discuss policies. What do you think of the party's lead? Next, we hear Bank of Canada governor Tiff Macklem take questions from reporters. Finally, we talk all about kids sports, and whether they're becoming unaffordable.
How are the Hollywood strikes impacting Canadians? When can we expect a break on interest rates? Is Pierre Poilievre right or wrong about the Bank of Canada? Are angry protesters getting too close to Justin Trudeau? We dig into the country's top stories in this episode of Real Talk. 5:20 | Stephanie Hughes is covering the Hollywood strikes and the Bank of Canada rate increase for Bloomberg. She tells us about the "Barbenheimer Effect," and what the strike means for Canadian film workers (and theatres). Plus, if inflation's back under 3%, why did the BoC just raise rates again? READ STEPHANIE'S WORK: https://www.bloomberg.com/authors/AWY-CR7s4tY/stephanie-hughes 26:40 | Is Pierre Poilievre onto something, threatening to fire Bank of Canada governor Tiff Macklem, or could it blow up in the Conservative leader's face? Former CPC and UCP staffer Karamveer Lalh explains why he believes a commitment to "optimistic conservatism" could help the Conservatives form government next election. READ KARAMVEER'S PIECE IN THE HUB: https://thehub.ca/2023-07-11/karamveer-lalh-poilievre-is-right-about-canadas-problems-he-should-embrace-optimistic-conservatism-for-solutions/ 41:25 | Chris Hayden says an angry mob in Belleville got "way too close" to Prime Minister Justin Trudeau. The longtime police officer, now working in VIP protection, takes us through the video and explains why the PM's security detail did what they did. (Stick around for his stories about driving Wayne Gretzky and Ice Cube around town!) CHECK OUT HAYWORK DRIVING: https://hayworkdriving.net/ 1:09:20 | Where do you spend your hard-earned dollars on news and entertainment? Ryan and Johnny review our latest unofficial, unscientific Twitter poll. POLL RESULTS: https://twitter.com/ryanjespersen/status/1683514547657920512?s=20 1:21:20 | Oops! We missed Positive Reflections on Monday's show (what can we say...we were distracted)! You won't want to miss this remarkable young man's message delivered via doorbell cam. Positive Reflections is presented by Kuby Renewable Energy. GET A FREE SOLAR QUOTE: https://kubyenergy.ca/ EMAIL THE SHOW: talk@ryanjespersen.com BUY K-DAYS 50/50 TIX IN SUPPORT OF YWCA EDMONTON: https://www.k-days.com/50-50 BECOME A REAL TALK PATRON: https://www.patreon.com/ryanjespersen WEBSITE: https://ryanjespersen.com/ TWITTER: https://twitter.com/RealTalkRJ INSTAGRAM: https://www.instagram.com/RealTalkRJ/ TIKTOK: https://www.tiktok.com/@realtalkrj THANK YOU FOR SUPPORTING OUR SPONSORS! https://ryanjespersen.com/sponsors The views and opinions expressed in this show are those of the host and guests and do not necessarily reflect the position of Relay Communications Group Inc. or any affiliates.
We're all familiar with the cycle now: Inflation is too high, so central banks keep raising interest rates. The hope is to get inflation back down to 2 per cent. But why 2? If we accept that things are going to keep getting more expensive, what difference does it make if it's 2 or 3 per cent? Or 2.8?Report on Business reporter Mark Rendell explains why we're aiming for 2-per-cent inflation, whether that target will change and what he learned from a recent interview with Tiff Macklem, Governor of the Bank of Canada.Questions? Comments? Ideas? E-mail us at thedecibel@globeandmail.com
Tiff Macklem and the Bank of Canada (BoC) did what everyone expected and raised Canada's overnight interest rate by 0.25% up to 5%—the highest since 2001. On this season of The Canadian Bank Bachelorette, 177-year-old Laurentian is looking for that perfect deep-pocketed suitor to give it the final rose. Canada has reportedly launched one of the first-ever probes into Nike's alleged use of forced labour abroad. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Raise them he did! Tiff Macklem didn't hold back. Host Alex Pierson speaks with Ron Butler, Mortage Broker of Butler Mortgage, about what will happen to individuals who did not get a fixed rate when buying their home. This may be the last straw for many people. Learn more about your ad choices. Visit megaphone.fm/adchoices
Tiff Macklem, Bangladesh climate cyclist, Proud Boys verdict, Counter-Strike Ukraine messages, Hot Docs: Lebanese Burger Mafia and more
Tiff Macklem is nothing if not a man of his word. Despite mounting pressures, the Bank of Canada (BoC) kept its promise and continued to hold steady on interest rates. Canadian tax courts are cracking down on TFSA day trading, taking aim at investors that are doing so well that their trades could be classified as a business activity… well, kind of. Big Canola is betting that canola oil will be used to deep fry potatoes and power vehicles. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
This week was all about macro economics as we looked at how the BoC raised rates again by 0.25% and we also assess the forward guidance provided by Tiff Macklem. Can we expect to see the BoC hold rates at the next announcement? Have they done enough to curb inflation? We also evaluate their credibility considering the last year, and will they achieve their inflation target given the respective timeframes? We have also recognized that Mortgage Rates at some of the major institutions across North America have already begun cutting their rates, especially insured rates, as the volume of sales continues its decline in the housing sector. With that being said, there are local rumours of stale listings all of sudden going into multiple offers and it appears to be true as Buyers who decided to stay out of the market throughout 2022 are frustrated with the lack of inventory and very little panic selling - at least to date - and have decided to pursue what's currently available.Lastly we take a dive into housing starts, Canadian housing inventory levels, the cost of rent in major metros along with a local Vancouver market recap. Spoiler alert, the volume of sales is extraordinarily low, inventory levels are at critically low levels and yet prices continue to persist having only fallen off by $40,000 on average since June 22'. _________________________________ Contact Us To Book Your Private Consultation:
If you want to get wealthy, check out Questrade to open your TFSA to start investing! Use the link below as it helps the channel! https://www.questrade.com/?refid=62e0... I am a fan of Wealthsimple Trade as well and if you do want to use them to open your TFSA, you can get $25 when you sign up using the link below! http://wealthsimple.sjv.io/ZoPQz You can also check out their robo-advisor Wealthsimple Invest which is one of the best in the game: http://wealthsimple.sjv.io/kyL7 Check out the link below for your own personal inflation rate calculator: https://www150.statcan.gc.ca/n1/pub/7... Reach out to me at info@newmoneynate.com The inflation in Canada is truly out of control heading into the new year and it looks like it's going to take some time for it to get under control. Inflation has been the number one economic concern of Canadians... For Canadians to feel better about the economy, we really need to figure out the inflation problem here. All we can do here in the Canadian economy stricken with inflation like the rest of the world is to hunker down, adjust spending and make sure we are in a good financial position to weather the inflationary and potential recessionary storms. I really hope you guys enjoyed this video on Canadian inflation and would love if you hit subscribe for more canadian economy and inflation coverage as we work through it! Sources: https://www.cbc.ca/news/business/infl... https://www150.statcan.gc.ca/n1/en/ca... https://www.statcan.gc.ca/en/subjects... https://www150.statcan.gc.ca/n1/daily... The content and information contained on this website/social media page and any resources/material available for download through this website/page is not intended as, and shall not be understood or construed as, financial, investment, tax, legal or professional advice whatsoever. I am not a financial advisor, attorney, accountant, nor am I claiming to be, and the content and information contained on this website/page is not a substitute for financial, investment, tax or legal advice from a professional who is aware of all the facts and circumstances of your specific individual situation. Nothing on this website/page constitutes a comprehensive or complete statement of the matters that may be discussed or the law(s) relating thereto. Nathan Kennedy / New Money Nate Inc is not liable for any direct, indirect, incidental, consequential, special or punitive damages, under any theory of liability, including without limitation, damages for loss of profits, use, data, or loss of other intangibles. Nathan Kennedy / New Money Nate Inc will not be liable for damages of any kind resulting from your use of the website/page and content or material contained therein. Check out this video for more info on inflation canada, inflation canada, news canada today inflation, inflation rate canada, inflation canada news, bank of canada inflation mandate, canada inflation rates, canada inflation rate 2022, grocery inflation canada, bank of canada hikes rates and boosts inflation forecasts, interest rates inflation in canada, inflation rate hike canada, canada housing inflation 2022, inflation crisis prepare for 2022 canada, canada future inflation, deflation inflation interview canada journalist, inflation canada québec, canada inflation coming, bank of canada, Tiff Macklem, interest rate hike, interest rates, bank of canada interest rate, bank of canada interest rate raise and much more on the Canadian economy!
Today on the After 9 podcast: A lot of people are fantasizing about delivery drivers and couriers. There is a lettuce shortage. Tiff Macklem knows interest rates are hurting lower income Canadians and he doesn't care. Today the population hits 8 billion people. Why is there a shortage of children's pain meds? Remembering the late Rob Ford, former mayor of Toronto. Learn more about your ad choices. Visit megaphone.fm/adchoices
In today's After 9 podcast: Kanye got booted from Sketchers. A Halloween decoration that a woman ordered turned out to be a blow-up sex doll. A man tried to return a lost wedding ring that he found. The boxed water folks are now adding wine. The University of Guelph is about to start growing and studying magic mushrooms. Tiff Macklem and the Bank of Canada raised interest rates again yesterday. People are suffering. Food Bank use in Canada is at an all time high. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Governor of the Bank of Canada has raised interest rates at a rapid clip, trying to cool inflation. And it looks like it might be working — a little. But at what cost? Tiff Macklem joins Paul Haavarsrud to explain. Plus, we explore the growth of crowdsourced parcel shipping and not-so-extreme couponing.
Are you surprised that the man Justin Trudeau and Chrystia Freeland trust to make decisions about inflation and interests rates is “Tiff Macklem”? Who's he? Exactly. No-one elected him. He's like Theresa Tam — you didn't vote him in and you can't vote him out. GUEST: Climate Depot's Marc Morano on Sen. Joe Manchin blocking Biden's push for climate taxes.