Insolvencies rose 12.1% in 2024, led by business filings
A 15-year high in business, consumer insolvencies was recorded in 2024: association
- By: The Canadian Press
- February 4, 2025 February 4, 2025
- 12:58
A 15-year high in business, consumer insolvencies was recorded in 2024: association
However, the firm says it's hard to put the sales into context amid uncertainty over U.S. tariffs
'China is trying to increase its bargaining chips,' senior economist in Hong Kong
With Trump, 'there's always this sword hanging over our heads': Legault
Canadian dollar neared 70 cents after PM announced that tariffs would be paused
Canada commits to appoint a “fentanyl czar” and more
Trudeau made the statement on X
Mutual fund net sales totalled $15.2 billion in 2024, the first year of positive net sales since 2021
Honda and Toyota would be especially affected by the tariffs as they produce a lot of their CRV and RAV4 vehicles in Ontario
Trump's tariffs against Canada and China are still slated to go into effect on Tuesday
The Canadian Chamber of Commerce estimates that a 25% tariff across the board could cost Canadian households $1,900 per year
U.S. President Donald Trump will hit Canada with 25% tariffs on Tuesday, with a lower 10% duty for energy
The Canadian Federation of Independent Business said the tariffs are "deeply disappointing and will hit small businesses hard"
Prime Minister Justin Trudeau promises a 'purposeful, forceful but reasonable immediate' response
Canada Post strike drove decline in payrolls, vacancies stayed flat
Over the same period last year, the government posted a $19.1B deficit
Overall inflation climbed 0.3% in December from the previous month, driven by a jump in gas prices
The tariffs threaten to blow up the trade agreement Trump himself negotiated with America’s neighbours
However, the agency's preliminary estimates point to a rebound at the end of the year
Decision will be based on whether the price of oil charged is fair, Trump says
The Q4 median return was 1.6%, a fourth consecutive quarterly gain
Index adjustment follows merger closing on Feb. 3
Growing credit to non-banks in advanced economies drove rise