Canadian Holiday Sales to Increase 2.2% This Season
Mastercard SpendingPulse reveals encouraging signs for Canadian holiday retail sales, with several factors enhancing consumers’ purchasing power.
Canada
Bank of Canada Cuts Interest Rates
The Bank of Canada has accelerated the pace of the interest rates cutting.
Mastercard Launches New Cardholder Offerings for Canadian SMEs
Through strategic partnerships with Slack, Asana, FlexiRoam, H&R Block and others, Mastercard is bringing a range of new business opportunities tailored to meet the unique needs of Canadian SMEs
Stripe Expands Presence in Toronto to Boost Canadian Business Growth
Stripe announced its expansion in Canada with a focus on the new flagship office in Toronto, aiming to accelerate the growth of Canadian businesses.
Bank of Canada Reportedly Plans to Cut Interest Rates Again
The Bank of Canada is likely to decide on another interest rate cut at its third meeting in a row.
Virtual Companion Now on Your Neck With a Friend AI Necklace
The new AI-powered necklace Friend can help people combat loneliness by keeping them company in daily conversations.
Common Loan Types in Canada: A Comprehensive Guide
Loans play a crucial role in helping Canadians achieve their goals, whether it’s buying a home, financing education, or starting a business.
AI Startup Cohere Reaches $5.5 Billion Value
Startup Cohere Inc., which operates in the area of artificial intelligence, is currently one of the most valuable AI companies in the world and one of the largest early-stage firms in Canada, but there are not many mentions of it in the media space compared to competitors from Silicon Valley, although there is a reason […]
Canada to Invest Millions to Build Chip Network
Canada intends to invest in building a national chip manufacturing network over the next few years.
Key Political Representatives to Join Open Banking Expo Canada 2024
Toronto, May 22, 2024 – Open Banking Expo Canada is proud to announce the participation of prominent political figures and key policy representatives in its upcoming event on June 11 in Toronto. This year’s conference is poised to host over 600 executives from the Open Banking, Open Finance, and the payments ecosystem at the Metro […]
Canada Institutional Investors Increase Crypto Exposure to 39%
In 2023, institutional investors in Canada expanded their exposure to crypto assets, with 39% of KPMG survey respondents dealing with the asset class in some way.
Bank of Canada Governor Sees Little Impact of Country Budget on Fiscal Track
Bank of Canada Governor Tiff Macklem said that the draft budget of Prime Minister Justin Trudeau did not become a factor of impact that led to changes in the concept of fiscal policy that the financial regulator formed back in November last year.
Canada Sheds Jobs
As a result of March, an unexpected decrease in the number of jobs was recorded in the Canadian labor market.
Mastercard returns as headline partner of Open Banking Expo Canada 2024
Mastercard is confirmed as headline partner for the 2024 Open Banking Expo Canada, scheduled for June 11 in Toronto. This is the second consecutive year of Mastercard’s lead partnership at Canada’s flagship event Open Banking Expo.
AI Startup Cohere Reportedly Targets $5 Billion Valuation
The media reports that the Canadian startup Cohere which specializes in carrying out activities in the artificial intelligence industry, is currently actively negotiating the raising of investment funds for $500 million.
Real Estate Loans Provoke Doubts in Canadian Banks’ Profits
The access of most of Canada’s largest banks to the commercial property market in the United States may cause unpleasant surprises for these financial institutions against the background of deterioration in the quality of some real estate loans.
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