Skip to main content

Featured

5 Things Every Canadian Should Know About Their Money Today

From a rate hold to a sovereign wealth fund — here's what's moving the needle on your finances right now. 01 — DEADLINE Today is the tax filing deadline — and your refund may be a lifeline April 30 is the last day most Canadians can file their 2025 income tax return without penalty. With the cost of living still squeezing household budgets, many Canadians are counting on their refund as a financial cushion. Filing late triggers a 5% penalty on any balance owing, plus 1% for each additional month. If you haven't filed yet, the CRA's NETFILE portal is still open — act before midnight. 02 — INTEREST RATES Bank of Canada holds steady at 2.25% — no relief yet for borrowers The Bank of Canada kept its policy rate at 2.25% yesterday — the third consecutive hold of 2026. Governor Tiff Macklem cited rising inflation driven by higher global energy prices tied to the Middle East conflict, while U.S. tariffs continue to weigh on exports. CPI inflation climbed to 2.4% in Ma...
Post a Comment
Read more

article

Labels

Market Watch: Tech Titans and Economic Data Shape the Week Ahead

The stock market is poised for a pivotal week as futures for the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite edged lower in early trading. Investors are bracing for a flurry of earnings reports from major tech companies, including Apple, Amazon, Meta, and Microsoft, which are expected to set the tone for market sentiment. 

Adding to the anticipation, key economic data releases, such as the Federal Reserve's preferred inflation gauge—the Personal Consumption Expenditures (PCE) index—and the April jobs report, will provide critical insights into the health of the U.S. economy. These indicators are particularly significant as they may influence the Federal Reserve's monetary policy decisions in the coming months.

Last week, the market showed resilience, with the S&P 500 achieving its longest daily positive streak since January. However, the cautious mood among investors reflects the uncertainty surrounding both corporate earnings and broader economic trends. 

As the week unfolds, all eyes will be on how these factors interplay to shape the market's trajectory. Will Big Tech deliver the results needed to sustain investor confidence, or will economic data cast a shadow over the optimism? Stay tuned for what promises to be an eventful week in the financial world.

Labels:

Comments

Post a Comment