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Many homeowners plan to rein in spending as mortgage payments rise upon renewal: TD
TORONTO 鈥 Nearly half of homeowners facing a mortgage renewal in the next year expect their monthly payments to go up 鈥 with many anticipating having to adjust their budget to keep up with the higher cost, a survey published on Thursday shows.
Jun 5, 2025 11:42 AM
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ECB cuts benchmark interest rate by quarter point as Trump tariffs threaten economy
FRANKFURT, Germany (AP) 鈥 The European Central Bank cut its benchmark interest rate for an eighth time, aiming to support businesses and consumers with more affordable borrowing as U.S.
Jun 5, 2025 11:24 AM
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BMO Financial Group makes executive changes including U.S. leadership
TORONTO 鈥 BMO Financial Group has made changes to its senior executive ranks including new leadership in its U.S. division as it looks to boost operations in the country.
Jun 5, 2025 11:22 AM
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The number of Americans filing for jobless benefits last week rises to highest level in eight months
WASHINGTON (AP) 鈥 Filings for U.S. unemployment benefits rose to their highest level in eight months last week but remain historically low despite growing uncertainty about how tariffs could impact the broader economy.
Jun 5, 2025 11:07 AM
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Bank of Canada hearing less 鈥榗atastrophic鈥 tariff talk from businesses
OTTAWA 鈥 Trade-sensitive businesses are telling the Bank of Canada that they鈥檙e broadly less worried about their 鈥渨orst-case tariff scenarios鈥 coming true compared to earlier in the year, a senior central bank official said Thursday.
Jun 5, 2025 10:35 AM
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B.C. First Nation builds small island, fisheries officials check for habitat damage
VICTORIA 鈥 A British Columbia First Nation has built up a small artificial island in the tidal shallows of Coles Bay off Vancouver Island, triggering an investigation by fisheries officials into whether it involved habitat destruction and if authoriz
Jun 5, 2025 10:05 AM
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Canadians divided on whether U.S. is an 'ally' or 'enemy' country: Poll
OTTAWA 鈥 Faced with a trade war they didn't start, Canadians are divided on whether they see the United States as an "enemy" or an "ally," a new poll suggests.
Jun 5, 2025 9:53 AM
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Trump says after Xi call that US and China will resume trade talks
WASHINGTON (AP) 鈥 President Donald Trump said Thursday that his first call with Chinese leader Xi Jinping since returning to office was 鈥渧ery positive,鈥 announcing that the two countries will hold trade talks in hopes of breaking an impasse over tari
Jun 5, 2025 9:49 AM
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Got extra cash? Here's when experts say it's best to make a lump-sum mortgage payment
Being mortgage free can seem like a distant goal when the outstanding balance is in the hundreds of thousands of dollars and most of your regular payments are going toward paying interest.
Jun 5, 2025 8:57 AM
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Supreme Court blocks Mexico鈥檚 $10B lawsuit alleging US gunmakers have fueled cartel violence
WASHINGTON (AP) 鈥 The Supreme Court on Thursday blocked a $10 billion lawsuit Mexico filed against top firearm manufacturers in the U.S. alleging the companies鈥 business practices have fueled tremendous cartel violence and bloodshed.
Jun 5, 2025 8:48 AM
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