Investments

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What Every Canadian Investor Needs to Know Today

Current Economic Landscape in Canada The Canadian economy is currently navigating through a complex landscape, marked by a mix of growth, challenges, and evolving dynamics. As of the most recent data, Canada’s Gross Domestic Product (GDP) has exhibited moderate growth, driven by several key sectors including technology, manufacturing, and natural resources. Despite this resilience, the […]

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Bitcoin Falls Below $50,000 for the First Time Since February

Introduction to the Recent Bitcoin Decline Over the past few days, Bitcoin has experienced a significant drop in its value, marking a notable pivot in the cryptocurrency market’s recent behavior. Bitcoin, which had been trading precariously close to the $70,000 mark just a week ago, has now fallen to $49,111.10. This marks the first time

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30-Year Mortgage for First-Time Homebuyers: Is It a Good Idea?

Overview of the New Policy Starting Thursday, the 2024 federal budget introduces a significant new policy allowing first-time homebuyers to apply for a 30-year mortgage specifically for newly built homes. This groundbreaking policy extends the repayment period by an additional five years compared to the traditional 25-year limit, which still applies to other types of

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ABC’s head of AI research outlined the 7 areas the bank is looking to apply the tech

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