Canadian inflation falls to 2.8%, core measures ease

Canada’s inflation rate slowed by more than expected last month as gasoline prices eased and a key measure of core inflation dropped below 2% for the first time in nearly six years.

Canada’s inflation rate slowed by more than expected last month as gasoline prices eased and a key measure of core inflation dropped below 2% for the first time in nearly six years.
Most mortgage lenders rate artificial intelligence implementation as one of their top priorities for the rest of the year, yet are still moving slowly. Processing Content More than 80% of lenders are evaluating AI tools across their businesses, but just 17% have deployed the technology in live production workflows, according to The Mortgage Collaborative’s June…
Insurance company Hiscox is benefiting from a volatile global backdrop that means firms want to make sure that their assets – from their factories to the goods and services they sell – are properly insured. Meanwhile, the rise of the digital economy has created new types of insurance, such as protection against cyberattacks. It may…
Fans of Dolly Parton who have dreamed of following in her footsteps now have a chance to do just that—by renting the country music legend’s former abode in West Hollywood, to the tune of $12,000 a month. Parton, 80, purchased the two-bedroom, two-bathroom property in 2007 for $1.2 million; however, it is not thought to…
Wealth units at wirehouses and larger public banks continued to beat estimates in the second quarter of 2026, with Morgan Stanley touting that stock market IPOs (like SpaceX) are turbocharging net new wealth assets, while Wells Fargo claims the bank has continued to hit near-record advisor recruiting in the past year. In the second quarter,…
Spotware’s cBridge launched a risk module called Markout Report this week, giving brokers a continuous, account-level view of potentially toxic trading flow while a session is still running, the company said. The tool tracks markout and pre-trade drift in real time and ranks flagged accounts by financial impact, so trading desks can act before losses…
National multifamily net absorption reached its fifth-highest quarterly total in nearly 25 years, even as median asking rents continued to decline. Net absorption across the country hit 124,600 units in the second quarter, up 8% year-over-year, according to a report from Cushman & Wakefield. Vacancy also fell below 9% for the first time since 2024, with…