Author: Robert Jessi

MoneySense will fill you in on the fees and the perks to help you decide if you should consider it. “As our Hilton Honors member base in Canada has grown by more than 40% since 2023, we’re focused on delivering even more value for Canadian travellers,” said Heather Laverne, Vice President, Head of International Co-Brand at Hilton, in a statement sent to MoneySense. “With the Hilton Honors American Express Card, we’re showing up for our members where and when it matters most, offering more ways to earn Hilton Honors Points, unlock elite member benefits, enjoy memorable stays and have access…

Trane Q3 2026 slides: bookings surge 20% as margins face pressure

Canada’s fiscal flexibility is shrinking ahead of next week’s Budget 2026, as the federal government PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? Sign in

BoJ Preview: Hawkish Hold

Societe Generale highlights ongoing Hungarian bonds gains as Hungary’s government details a four-year Euro adoption roadmap combining fiscal consolidation with growth ambitions. The plan assumes 2.4% GDP growth next year, with a more ambitious target above 3% from 2030. Deficit reduction to 2.8% by 2030, reliance on EU funds, and a new tax package frame the outlook for Hungarian assets.Euro roadmap and bond rally in focus”In CEE, the HUFGB rally continues after the government unveiled further details of its fiscal plans. The four-year euro adoption plan combines fiscal consolidation with ambitious growth targets.””Separately, the EC approved a €5.4bn SAFE defence…

A view of the Bank of Canada building in Ottawa, Ontario, Canada May 8, 2025. REUTERS/Blair Gable/ File Photo The Canadian dollar edged higher against the US dollar after the Bank of Canada raised its benchmark interest rate by 25 basis points to 2.50%, marking its first rate increase in more than three years, according to the reported announcement.The decision comes amid renewed inflationary pressures, driven largely by rising energy prices. Policymakers are increasingly concerned that higher energy costs could spread across the economy, pushing up prices in a broader range of goods and services.Inflation Risks Put Monetary Policy Back…

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our policy announcement and the Bank of Canada’s Monetary Policy Report. Today, we raised the policy interest rate by 25 basis points, bringing it to 2.5%. This is the first interest rate increase since July 2023. There have been two important economic developments since our July Report. First, the outlook for inflation has deteriorated. With the war in the Middle East persisting, global oil prices have increased and are expected to remain higher for longer. This is hitting Canadians at the gas pump and increasing costs for…

We have a busy 24 hours ahead for commodity currencies, with Australian Q3 CPI and an RBNZ interest rate decision arriving just 30 minutes apart, at 11:30am and midday Sydney time. The Bank of Canada …

Loblaw’s Danish chief executive, Per Bank, brought a little bit of Europe with him three years ago when he moved here to run the country’s largest grocery chain. “Small discount stores … I would probably say that’s some of the things I brought to Canada,” Bank said, sitting in the backroom of a small-scale Toronto No Frills on a brisk October morning. In its smaller 5,000-product stores, Loblaw has done away with the deli counters, live pizza stations and fresh bakeries typical of its conventional banners — and shoppers aren’t complaining. While discount stores aren’t a new phenomenon, Loblaw’s transition…

Worthington Steel CEO Americas buys $31,492 in shares