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RRSP, TFSA, FHSA, RESP: The ABCs of how to divvy up savings across accounts

RRSP, TFSA, FHSA, RESP: The ABCs of how to divvy up savings across accounts

TORONTO — As many young Canadians head off to college and university, some will be fortunate enough to be able to tap into a registered education savings plan.
Desjardins Group to acquire Guardian Capital in $1.67B take-private deal

Desjardins Group to acquire Guardian Capital in $1.67B take-private deal

MONTREAL — Desjardins Group is acquiring global investment management company Guardian Capital Group Ltd. for around $1.67 billion or $68 per share, the co-operative financial group said on Thursday.
Fed Gov. Lisa Cook sues Trump administration to block her attempted firing

Fed Gov. Lisa Cook sues Trump administration to block her attempted firing

WASHINGTON (AP) — Federal Reserve Governor Lisa Cook has sued the Trump administration in an effort to overturn the president’s attempt to fire her, launching an unprecedented legal battle that could significantly reshape the Fed’s longstanding polit
US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth

US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth

WASHINGTON (AP) — The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars . In an upgrade from its first estimate in July, the Commerce Department said Thursday that U.S.
US applications for jobless benefits fell last week as layoffs remain low

US applications for jobless benefits fell last week as layoffs remain low

WASHINGTON (AP) — Fewer Americans sought unemployment benefits last week as employers appear to be holding onto their workers even as the economy has slowed . Applications for unemployment benefits for the week ending Aug.
LeBlanc leaves Washington with a sense that progress has been made

LeBlanc leaves Washington with a sense that progress has been made

WASHINGTON — Canada-U.S. Trade Minister Dominic LeBlanc said he left Washington Wednesday with a sense that progress was made after a meeting with U.S. Commerce Secretary Howard Lutnick.
Canada Post urges union to revisit offers, says gap between parties is 'substantial'

Canada Post urges union to revisit offers, says gap between parties is 'substantial'

OTTAWA — Canada Post is urging the Canadian Union of Postal Workers to revisit its offers after meeting at the bargaining table Wednesday.
As provinces set to get smoking lawsuit cash, advocates seek more mitigation efforts

As provinces set to get smoking lawsuit cash, advocates seek more mitigation efforts

MONTREAL — Anti-smoking advocates urged the provinces and territories to use money from a historic tobacco settlement on public health programs as the provinces are set to receive initial amounts starting Friday.
EQB reports lower Q3 adjusted net income, raises dividend

EQB reports lower Q3 adjusted net income, raises dividend

TORONTO — EQB Inc. reported adjusted net income of $80.3 million during the third quarter, marking a 32 per cent decline from the previous year.
No rush on new crude oil pipelines, Trans Mountain chief executive says

No rush on new crude oil pipelines, Trans Mountain chief executive says

The expanded Trans Mountain pipeline, which came into service in May 2024, shipped 730,000 barrels per day during the first half of the year, about 82 per cent of its total capacity of 890,000 barrels.