Making sense of the markets this week: December 15, 2024 Dec 13th

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7 First Nations sign nuclear reactor ownership deal with Ottawa, Ontario - CBC Jun 23rd

7 First Nations sign nuclear reactor ownership deal with Ottawa, Ontario  CBCOttawa, Ontario to announce joint Indigenous loan guarantee for new Darlington nuclear reactors  The Globe and MailSeveral First Nations sign deal with Ottawa, Ontario to own part of a nuclear reactor&nb.... More »

Trump plan to cap credit card costs hits bank shares - BBC Jan 12th

Trump plan to cap credit card costs hits bank shares  BBCWhy Synchrony Financial (SYF) Shares Are Plunging Today  The Globe and MailWall Street ticks to records after shaking off worries about Trump’s feud with the Fed  BNN BloombergTrump’s credit card plan revives .... More »

Young Canadians sue CPP Investments over climate risks + MORE Oct 30th

Canada’s largest pension fund is being sued by four young Canadians who claim that CPP Investments is failing to properly manage climate-related financial risk. The four allege in a lawsuit filed in the Ontario Superior Court of Justice on Monday that the investment manager for the Canada .... More »

U.S. stocks approach their all-time high as oil prices tumble - BNN Bloomberg + MORE Jun 24th

U.S. stocks approach their all-time high as oil prices tumble  BNN BloombergTrading Day: Truce triggers world equity whoosh  ReutersFragile Iran-Israel ceasefire calms oil markets  Al JazeeraHow major US stock indexes fared Tuesday, 6/24/2025  The Globe and Ma.... More »

Chadd Cawson column: Brain health equals brain wealth - Ladysmith Chronicle Jan 10th

Chadd Cawson column: Brain health equals brain wealth  Ladysmith Chronicle.... More »
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.

Enjoy the jumbo rate cut—it’s likely the last one 

The Bank of Canada (BoC) cut its key interest rate by 0.50% on Wednesday. It’s now 3.25%.

This second consecutive jumbo cut (as opposed to the standard 0.25%) was widely anticipated after November’s soft labour market report and Canada’s continued anemic gross domestic product (GDP) growth. What’s more noteworthy was the fact BoC Governor Tiff Macklem said a more gradual approach to cuts would be taken going forward. 

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