In the News
The Bank of Canada reduced its target for the overnight rate by 25 basis points to 2.25 per cent; the Bank Rate is 2.5 per cent and the deposit rate is 2.20 per cent.
Wednesday, October 29, 2025
The Bank’s October rate cut reflects the growing realization that trade disruptions are not just cyclical, they’re structural. Sectors like autos, steel, and lumber have suffered sustained damage in 2025, which limits the effectiveness of monetary policy in stimulating demand. continue reading
Keep Staff Focused on the Details
Wednesday, October 29, 2025
Consistent small victories – tackling cleaning projects one day at a time and ensuring your team is presenting the right image with every interaction – are how you preserve your reputation as a professional, high-quality establishment. Alternatively, if you start to let your standards slip, you’ll continually be playing catchup and risking letting your staff, and even yourself, fall into bad habits. continue reading
Businesses: Go online to register for a business number or CRA program account
Wednesday, October 29, 2025
Starting November 3, 2025, registrations for new business number (BN) or Canada Revenue Agency (CRA) program accounts must be done online. The CRA is moving away from phone-based registrations, so if you call the Business Enquiries (BE) line to register, you’ll be directed to the CRA’s secure online portal Business Registration Online (BRO). continue reading
BDC – How much can I borrow for my business?
Tuesday, October 28, 2025
Borrowing to invest in your business can often lead to exponential growth, but how much should you ask for?
The short answer is: You should ask for an amount that you can afford to repay, including interest, without undue financial stress. The calculation is fairly straightforward, but the theory behind it could use some unpacking. continue reading
Scots urged to rethink sun exposure warnings
Tuesday, October 28, 2025
A leading Scottish dermatologist has warned the UK’s cautious approach to sunlight exposure could be doing more harm than good – and that moderate time in the sun may bring major health benefits far beyond vitamin D. continue reading
