A recent survey by RBC indicates that many Canadian parents are surprised by the high costs associated with raising a family, highlighting the financial pressures exacerbated by the current cost of living in Canada.

The Bank of Canada is set to announce its decision on interest rates on December 10, with speculation surrounding whether rates will be raised, cut, or held steady. Current economic indicators suggest that a rate cut is unlikely at this time.

EQB, Canada's seventh-largest bank, has announced its agreement to acquire PC Financial from Loblaw for approximately $800 million, marking a significant shift in the Canadian financial landscape. This acquisition is part of EQB's broader strategy to enhance its financial services offerings and market presence.

Canada's business productivity saw a modest improvement in the third quarter of 2025, coinciding with a rise in hourly wages. However, this positive development occurred alongside a decrease in hours worked, attributed to ongoing economic uncertainties, including the impacts of a trade war.