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Many homeowners plan to rein in spending as mortgage payments rise upon renewal: TD

Many homeowners plan to rein in spending as mortgage payments rise upon renewal: TD

TORONTO — Nearly half of homeowners facing a mortgage renewal in the next year expect their monthly payments to go up — with many anticipating having to adjust their budget to keep up with the higher cost, a survey published on Thursday shows.
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ECB cuts benchmark interest rate by quarter point as Trump tariffs threaten economy

ECB cuts benchmark interest rate by quarter point as Trump tariffs threaten economy

FRANKFURT, Germany (AP) — The European Central Bank cut its benchmark interest rate for an eighth time, aiming to support businesses and consumers with more affordable borrowing as U.S.
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BMO Financial Group makes executive changes including U.S. leadership

BMO Financial Group makes executive changes including U.S. leadership

TORONTO — BMO Financial Group has made changes to its senior executive ranks including new leadership in its U.S. division as it looks to boost operations in the country.
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The number of Americans filing for jobless benefits last week rises to highest level in eight months

The number of Americans filing for jobless benefits last week rises to highest level in eight months

WASHINGTON (AP) — Filings for U.S. unemployment benefits rose to their highest level in eight months last week but remain historically low despite growing uncertainty about how tariffs could impact the broader economy.
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Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses

Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses

OTTAWA — Trade-sensitive businesses are telling the Bank of Canada that they’re broadly less worried about their “worst-case tariff scenarios” coming true compared to earlier in the year, a senior central bank official said Thursday.
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B.C. First Nation builds small island, fisheries officials check for habitat damage

B.C. First Nation builds small island, fisheries officials check for habitat damage

VICTORIA — A British Columbia First Nation has built up a small artificial island in the tidal shallows of Coles Bay off Vancouver Island, triggering an investigation by fisheries officials into whether it involved habitat destruction and if authoriz
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Canadians divided on whether U.S. is an 'ally' or 'enemy' country: Poll

Canadians divided on whether U.S. is an 'ally' or 'enemy' country: Poll

OTTAWA — Faced with a trade war they didn't start, Canadians are divided on whether they see the United States as an "enemy" or an "ally," a new poll suggests.
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Trump says after Xi call that US and China will resume trade talks

Trump says after Xi call that US and China will resume trade talks

WASHINGTON (AP) — President Donald Trump said Thursday that his first call with Chinese leader Xi Jinping since returning to office was “very positive,” announcing that the two countries will hold trade talks in hopes of breaking an impasse over tari
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Got extra cash? Here's when experts say it's best to make a lump-sum mortgage payment

Got extra cash? Here's when experts say it's best to make a lump-sum mortgage payment

If you can afford it, financial experts say making additional lump-sum payments can help speed your path to being debt free.
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Supreme Court blocks Mexico’s $10B lawsuit alleging US gunmakers have fueled cartel violence

Supreme Court blocks Mexico’s $10B lawsuit alleging US gunmakers have fueled cartel violence

WASHINGTON (AP) — The Supreme Court on Thursday blocked a $10 billion lawsuit Mexico filed against top firearm manufacturers in the U.S. alleging the companies’ business practices have fueled tremendous cartel violence and bloodshed.
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