The Bank of Canada is expected to raise interest rates once more, cap at 5%
Article content
The Bank of Canada will raise borrowing costs by another 25 basis points in coming months before capping its tightening cycle, economists said.
Article content
Canada’s central bank will increase its key overnight rate to five per cent in the third quarter, according to a monthly Bloomberg survey of 25 economists. That would be the highest level since 2001.
Article content
The outlook still more or less shows the economy headed for a so-called soft landing as policy makers push rates deeply into restrictive territory. Analysts raised their expectations for growth in 2023 to 1.3 per cent from…
How To Create A Business Plan For Your Medical Practice
If you’re embarking on a solo practice, looking to open a medical clinic or exploring partnering in a group practice, a business plan can help you not only make sound financial decisions, but maximize your potential for job satisfaction.
Practically speaking, lenders are likely to require a business plan if you need start-up cost funding to finance your medical practice or clinic. However, securing financing is only the beginning of the reasons to create a business plan.
A solid medical practice business plan can also help you:
Build a fulfilling and right-sized roster of patients through geographic, demographic and competitive…
Opinion: Saskatchewan needs to end small business tax, not restore it
Breadcrumb Trail Links
columnists
The Canadian Taxpayers Federation wants Saskatchewan’s small business tax, set to be restored July 1, to be permanently eliminated.
Published June 13, 2023 • Last updated Jun 13, 2023 • 3 minute read
Finance Minister Donna Harpauer holds an embargoed news conference regarding the 2023-24 Budget at the Legislative Building on Wednesday, March 22, 2023 in Regina. TROY FLEECE / Regina Leader-Post Photo by TROY FLEECE /Regina Leader-Post
Article content
On Canada Day, small business owners in Saskatchewan will pay higher taxes.
Advertisements 2
This advertisement has not been loaded yet, but your article continues below.…
Inflation dip won’t be enough to stop another bank rate hike: analysts
OTTAWA –
Forecasters are expecting the Bank of Canada to move ahead with another interest rate hike in July, even as they expect the annual inflation rate to slow significantly.
Statistics Canada is set to release its consumer price index report for May on Wednesday, providing the most up-to-date inflation reading ahead of the Bank of Canada’s interest rate decision on July 12.
“I think this release is probably going to be a fairly optimistic one for inflation, in the sense that we are expecting the inflation rate to go down below four per cent,” said James Orlando, TD’s director…
TD misses estimates as expenses, credit-loss provisions rise
Breadcrumb Trail Links
Finance
banking
Retail banking in Canada and the US continued to show strong growth
Get the latest from Stephanie Hughes straight to your inbox Signup
Published May 25, 2023 • Last updated May 26, 2023 • 3 minute read
TD Bank missed expectations in the second quarter. Photo by Cole Burston/Bloomberg
Article content
Toronto-Dominion Bank has scaled back its medium-term growth outlook and announced it will be repurchasing more than 30 million shares as it navigates the aftermath of the collapse of its US$13.4 billion deal to acquire Memphis-based First Horizon Corp.
Advertisements 2
This advertisement has…
Daily Research News Online no. 35177
Edelman Business Marketing Rolls Out Globally
June 14 2023
In the US, communications giant Edelman has announced the global launch of a unit called Edelman Business Marketing (EBM), offering B2B marketers audience research, thought leadership strategy, content and account-based marketing, demand generation, and earned communications.
EBM combines existing B2B practices in North America, EMEA, and APAC, to help B2B buyers create integrated marketing programs. The team will help B2B brands target key audiences using data-driven research and analysis, and engage verified buyers at ‘critical touchpoints’ of the customer journey, while helping optimize marketing technology stacks for specific strategy needs. Research…
Bell asks CRTC to drop local news requirements
TORONTO –
BCE Inc.’s media arm is asking the federal telecommunications regulator to waive local news and Canadian programming requirements for its television stations, saying its obligations are based on outdated market realities.
In an application to the CRTC filed June 14, Bell Media requested the regulator drop requirements for spending on local news and on the number of hours per week that stations are required to broadcast locally reflecting news in major and smaller markets.
The application was filed the same day Bell announced it was cutting 1,300 positions, shutting or selling nine radio stations and closing two foreign…
Business plan, capital is the first step to start any successful business
Starting your own business can be a daunting prospect for many. Here are a few tips to help aspiring entrepreneurs get started on the right track.
“So, you want to start your own business…”
That’s the dream of many of us. After working at a job or for a company which did not suit their personality or aspirations, almost everyone, whether retired or working, has felt the urge to be out there on their own. Desires for independence, setting your own work hours, achieving a desired work-life balance, and finding work we enjoy doing all these thoughts.
Stephen Burrow
However,…
