U.S. unemployment rate dips to 4.1% | Financial Post
网页5 天之前 · The U.S. unemployment rate fell to 4.1 per cent from 4.2 per cent in September. Photo by Damian Dovarganes / The Associated Press. WASHINGTON — America’s employers added a surprisingly strong 254,000 jobs in September, the latest evidence that the U.S. labour market is still solid enough to support steady hiring and a growing economy.
TRREB: September Home Sales Improve Over Last Year
网页6 天之前 · The MLS® Home Price Index Composite benchmark was down by 4.6 per cent year-over-year in September 2024. The average selling price, at $1,107,291 was down by a lesser one per cent compared to the September 2023 average of $1,118,215. On a seasonally adjusted basis, the average selling price edged up slightly compared to August.
Port strike 'terribly concerning' despite resolution - Financial Post
网页5 天之前 · An aerial view of the Port of Montreal is shown on Monday, Sept. 30, 2024. Photo by Christinne Muschi / The Canadian Press. Pascal Chan, senior director of transportation, infrastructure and construction at the Canadian Chamber of Commerce, talks with Financial Post’s Larysa Harapyn about port strikes and their impact on North America’s ...
CIBC mulls risk transfer transactions | Financial Post
网页6 天之前 · Photo by Chloe Ellingson / Bloomberg. Canadian Imperial Bank of Commerce is assessing investors’ interest in a significant risk transfer transaction that would be linked to corporate loans, according to people familiar with the matter. The potential U.S.-dollar transaction is pooling a portfolio of US$4.5 billion of loans, one of the people said.
Supreme Court upholds rules on passenger compensation
网页5 天之前 · Photo by Anthony Kwan/Getty Images. MONTREAL — The Supreme Court of Canada has upheld rules that bolster compensation for air passengers subjected to delayed flights and damaged luggage on international flights. In a victory for air travellers across the country, the country’s highest court unanimously dismissed an appeal by a group of ...
Supreme Court upholds rules on passenger compensation
网页5 天之前 · MONTREAL — In a victory for air travellers, the Supreme Court of Canada has upheld rules that bolster compensation for passengers subjected to delays and damaged luggage on international flights. On Friday, the country’s highest court unanimously dismissed an appeal by a group of airlines that challenged Canada’s passenger rights …
Containers stacking up in Halifax, Montreal amid dockworkers …
网页6 天之前 · While 45,000 U.S. longshoremen are off the job, Montreal dockworkers are staging a three-day strike of their own. The work stoppage, over wages and automation, closed two of the port’s seven terminals to all vessel, truck and rail traffic. Containers are piling up. As for Canadian consumers, there is no need to worry — yet, said Sylvain ...
Canada's banks should prepare for a failure, says C.D. Howe expert ...
网页4 天之前 · Canada's banks need to think about what is happening in the banking world generally and the implications of that for the Canadian financial system. Photo by Peter J. Thompson / Financial Post. Mark Zelmer, a senior fellow with the C.D. Howe Institute, talks with Financial Post’s Larysa Harapyn about how Canada’s banks need to be ready for a ...
Higher interest rates led to 30,000 fewer housing starts last year ...
网页6 天之前 · Article content. Canada’s housing crunch took a turn for the worse last year, with higher interest rates slowing the pace of housing starts by an estimated 30,000 units, the Canada Mortgage and Housing Corporation (CMHC) said Thursday. Actual housing starts in centres of 10,000 population and over were down seven per cent in 2023, with ...
High food prices here to stay even if inflation crisis may be over ...
网页6 天之前 · In the five-year period starting June 2019, beef prices rose more than the pace of overall food inflation. During that time, the price of beef top sirloin cuts jumped 48 per cent, beef rib cuts increased 37.1 per cent, beef striploin cuts rose almost 30 per cent and beef stewing cuts increased by 38.8 per cent.