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August 12, 2026

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Category: Finance

Finance

Are you self-employed? What to know as tax filing deadline approaches – National

Canadians who are self-employed must file their 2023 income tax and benefit returns by Monday, June 17. The official due

by admin
4 Minute
Finance

Canadian Western Bank shares soar after announcing deal with National Bank

By Staff The Canadian Press Posted June 12, 2024 1:10 pm Updated June 12, 2024 1:11 pm 1 min read

by admin
1 Minute
Finance

Bank of Canada should consider better communication of monetary policy: IMF – National

Descrease article font size Increase article font size The Bank of Canada should consider better communication of its monetary policy

by admin
2 Minute
Finance

OSFI sees mortgage stress test ‘imbalance’ at renewal but rules not changing yet – National

Canada’s banking regulator conceded to members of Parliament that there’s an “imbalance” in how the mortgage stress test is applied

by admin
4 Minute
Finance

Rate cut not enough to get most Canadians off housing market sidelines: poll – National

The first interest rate cut from the Bank of Canada in more than four years will not be enough to

by admin
3 Minute
Finance

Liberals introduce capital gains tax changes. Here’s what to know – National

Finance Minister Chrystia Freeland says the government’s proposed changes to capital gains taxes tabled Monday are the “defining measure” of

by admin
7 Minute
Finance

Will the Oilers and F1 boost Canada’s economy? Where the impacts could be felt

The Edmonton Oilers’ Stanley Cup playoff run and the Formula One Montreal Grand Prix will bring zero net economic impacts

by admin
5 Minute
Finance

Flight costs are likely to continue rising, industry group warns  – National

The cost of your next flight is likely to go up. That’s the word from the International Air Transport Association,

by admin
3 Minute
Finance

GameStop stock soars as ‘Roaring Kitty’ reveals US$116M bet – National

GameStop shares surged more than 70 per cent premarket on Monday after “Roaring Kitty” Keith Gill, the stocks influencer behind

by admin
3 Minute
Finance

Can a single rate cut make waves in Canada’s housing market? What to know – National

The Bank of Canada’s first interest rate cut in over four years on Wednesday will have a “psychological” impact on

by admin
8 Minute
Finance

Bank of Canada rate cut is ‘going to matter in people’s pocketbooks.’ Here’s why – National

The Bank of Canada lowered its benchmark interest rate by a quarter-percentage point on Wednesday, marking a significant turning point

by admin
8 Minute
Finance

Gas prices have dropped in Canada. Will summer bring more relief? – National

Canadians planning a road trip this summer could see some relief at the pumps but a volatile energy market and

by admin
4 Minute
Finance

NDP wants price cap on grocery staples if costs don’t come down – National

By Staff The Canadian Press Posted June 4, 2024 7:40 am Updated June 4, 2024 3:16 pm 1 min read

by admin
2 Minute
Finance

‘I am in church’: Woman’s $1M lotto victory and how she shared her excitement

A woman from a small New Brunswick town said she was on the verge of tears after discovering she had

by admin
3 Minute
Finance

A rate cut is in the cards. Here’s what might hold the Bank of Canada back – National

The economic stars appear to be aligning for the Bank of Canada to deliver an interest rate cut on Wednesday,

by admin
9 Minute
Finance

Is now the time to invest? Canadians are split on that decision – National

Amid uncertainty in the economy and the still-present pressures of inflation, a new survey shows the country is split on

by admin
4 Minute
Finance

BMO misses Q2 profit expectations as it sets aside more money for bad loans – National

Bank of Montreal on Wednesday missed analysts’ estimates for quarterly profit, hurt by weakness at its U.S. segment and as

by admin
3 Minute
Finance

TD Bank gets ‘negative’ outlook downgrade amid money-laundering probes – National

Descrease article font size Increase article font size Fitch revised the outlook on Toronto-Dominion Bank’s credit ratings to “negative” from

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2 Minute
Finance

Should Canadian bank customers, investors worry about money laundering probes? – National

Ongoing anti-money laundering probes at TD Bank and penalties levied at other Canadian financial institutions aren’t likely to have a

by admin
7 Minute
Finance

Slowing GDP growth sets up pivotal Bank of Canada decision: ‘Expect fireworks’ – National

Signs of slowing economic growth could set up “fireworks” at the Bank of Canada’s interest rate decision next week, one

by admin
5 Minute
Finance

Grocery weight label complaints more than doubled in a year, data shows – National

The number of complaints about grocery weight labelling filed to Canada’s food regulatory authority has gone up in the past

by admin
3 Minute
Finance

Who has opened an FHSA, and how much are they saving? What CRA data shows – National

Freshly released data from the Canada Revenue Agency reveals just how much the typical saver was able to put into

by admin
3 Minute
Finance

RBC, CIBC wrap up bank earnings with better-than-expected profits – National

Royal Bank of Canada (RBC), the country’s No.1 bank, on Thursday surpassed analysts’ expectations for quarterly profit, driven by strength

by admin
3 Minute
Finance

WestJet Encore pilots have issued a strike notice. What it means for flights

Descrease article font size Increase article font size Pilots at WestJet’s regional carrier could be going on strike at the

by admin
2 Minute
Finance

Trudeau wants to maintain home prices while pushing affordability. Is it possible? – National

The federal government is aiming to make housing affordable for younger Canadians while retaining property value for existing homeowners, Prime

by admin
3 Minute
Finance

Mortgage risks have likely more than doubled amid higher rates, CMHC says – National

Risk in the mortgage market has likely more than doubled since 2019, according to new research by the Canada Mortgage

by admin
3 Minute
Finance

Gen Z’s debt load is surging. Here’s why, and how they can manage it – National

Younger Canadians may be feeling a bigger burden from higher interest rates than older cohorts, with a new report from

by admin
4 Minute
Finance

Auto loans, variable mortgages weigh on Scotiabank earnings – National

Rising strain in auto loans and Canadian mortgages led Scotiabank to set aside more money in case they go bad,

by admin
4 Minute
Finance

Indigo to go private. What changes could the retailer make off public markets? – National

A bid to exit publicly traded markets could give Indigo Books & Music the “nimbleness” needed for the struggling retailer

by admin
7 Minute
Finance

Most Canadians ‘really need’ a vacation, poll shows. But can they afford it? – National

A new survey suggests that a growing number of Canadians are hoping to squeeze in a summer getaway despite persistent

by admin
6 Minute
Finance

Inflation is cooling. So why are Canadians still feeling financial stress? – National

Canadian households have gotten good news on the cost-of-living front so far in 2024, with monthly inflation figures showing prices

by admin
8 Minute
Finance

TD Bank tops earnings estimates despite U.S. anti-money laundering probe – National

TD Bank on Thursday reported better than expected quarterly earnings helped by strength in Canada and its wealth management unit,

by admin
3 Minute
Finance

Canadians feel grocery inflation is getting worse despite steady cooling: poll – National

Almost two-thirds of Canadians feel that inflation at the grocery store is getting worse, a new poll suggests, even as

by admin
3 Minute
Finance

Canadian banks set to report latest results as mortgage shocks continue – National

While there’s still room for surprises, Canadian banks are set to report results after a second quarter that was notable

by admin
4 Minute
Finance

Inflation continues to cool. So is the Bank of Canada ready for rate cuts? – National

Economists and market watchers are firming up their bets for Bank of Canada interest rate cuts after another soft inflation

by admin
7 Minute
Finance

Nestle to target American Ozempic, Wegovy users with US$5 pizzas – National

Nestle will market a new, US$5 line of frozen pizzas and protein-enriched pastas in the United States which it says

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5 Minute
Finance

Red Lobster files for bankruptcy protection. Will restaurants remain open? – National

Descrease article font size Increase article font size U.S.-based restaurant chain Red Lobster has filed for Chapter 11 bankruptcy protection

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2 Minute
Finance

Walmart reports another strong quarter as it draws in wealthier shoppers – National

Walmart Inc. reported another quarter of strong quarterly results Thursday as its low prices pull in shoppers scouring for discounts

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4 Minute
Finance

Housing affordability just improved in Canada – mostly in these expensive cities – National

A “trifecta” of conditions in Canada’s housing market last quarter translated into the biggest improvement in affordability since 2019, National

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4 Minute
Finance

Are home inspection conditions back in the cards? What buyers should know – National

This article is part of Global News’ Home School series, which provides Canadians the basics they need to know about the housing

by admin
11 Minute
Finance

Tenants don’t have to foot unpaid tax bills for foreign landlords: minister – National

The Canada Revenue Agency will not go after tenants for tax owed by their landlords living out of the country,

by admin
3 Minute
Finance

Heading out for the May long weekend? Here’s what to expect for gas prices – National

Canadians hitting the road this May long weekend won’t need to worry too much about a big jump at the

by admin
4 Minute
Finance

Loblaw agrees to sign grocery code of conduct. Why it took so long – National

Loblaw Cos. Ltd. said Thursday it’s ready to sign on to the grocery code of conduct, paving the way for

by admin
5 Minute
Finance

‘We’re rich’: Couple now millionaires after playing same lotto numbers for 38 years

A couple from Nova Scotia say they’re permanently throwing in the towel on housework after waking up $5-million richer on

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3 Minute
Finance

CRTC grants Canadian content spending relief for Corus, but says other asks must wait – National

Canada’s broadcasting regulator has granted Corus Entertainment Inc.’s request to ease some of its Canadian content spending requirements after the

by admin
5 Minute
Finance

Listings surge met few buyers in April. What that means for spring housing market – National

A surge in new listings but a lack of demand from buyers is putting the Canadian housing market in its

by admin
4 Minute
Finance

Could 10-year mortgage terms help ease ‘payment shock’ for Canadians? What to know – National

Many Canadian homeowners have felt the pain of higher interest rates when it’s come time to renew their mortgage, but

by admin
4 Minute
Finance

Used vs new cars: Which market is offering the better deal? – National

Canadians shopping for a new vehicle this spring and summer might find a bit of relief from recent years of

by admin
9 Minute
Finance

GameStop stock soars after ‘Roaring Kitty’ who drove meme frenzy resurfaces – National

Shares of videogame retailer GameStop jumped more than 50 per cent in early trading on Monday after “Roaring Kitty,” a

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4 Minute
Finance

Closing sales begin at Ted Baker, Brooks Brothers and Lucky Brand in Canada – National

By Staff The Canadian Press Posted May 13, 2024 11:52 am 1 min read Descrease article font size Increase article

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2 Minute
Finance

Delivery issue: Why Canada Post ‘must change’ to avoid collapse – National

Canada Post is continuing to bleed money amid fundamental shifts in mail delivery, pushing the Crown corporation to signal that

by admin
8 Minute
Finance

Renters so far more ‘vulnerable’ than homeowners amid higher interest rates. Why? – National

Canada’s renters are showing more signs of financial stress amid rising debt costs than homeowners facing higher mortgage rates, according

by admin
7 Minute
Finance

Fintrac fines crypto exchange Binance Holdings $6M – National

The federal anti-money laundering agency has issued a $6-million fine to cryptocurrency exchange company Binance Holdings Ltd. Fintrac says Binance failed to register with

by admin
1 Minute
Finance

Trans Mountain pipeline expansion will boost Canadian oil prices ‘for years’: MEG Energy

The recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for “years” to come, an executive with oilsands

by admin
4 Minute
Finance

Shopify stock sinks as it warns of slower growth amid tepid consumer spending

Descrease article font size Increase article font size Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two

by admin
2 Minute
Finance

Canadian insurer rolls out pilot to assist in wildfire home protection

Wildfires are already burning in parts of Western Canada and with warnings of a particularly active season yet again this

by admin
4 Minute
Finance

Apple unveils new, larger iPad models. How much do they cost? – National

Apple on Tuesday introduced a new, larger consumer iPad model at a virtual event, putting a slightly newer chip in

by admin
4 Minute
Finance

Nearly 60% of retirees are supporting adult children financially, survey finds – National

The majority of Canadian retirees are supporting their adult children financially, which they say is having a negative impact on

by admin
3 Minute
Finance

Loblaw boycott: Why has the grocer become a ‘lightning rod’ for frustrations? – National

An online campaign urging shoppers to boycott Loblaw stores is unlikely to leave a lasting scar on the company’s bottom

by admin
8 Minute
Finance

How caregiving impacts a generation of Canadians: ‘Unpaid work does not end’ – National

A series of demographic forces reshaping Canada has left many adult Canadians “sandwiched” between unpaid caregiving responsibilities for the generations

by admin
7 Minute
Finance

TD Bank hit with $9.2M fine over failing to report suspicious transactions – National

By Staff The Canadian Press Posted May 2, 2024 12:01 pm 1 min read Descrease article font size Increase article

by admin
2 Minute
Finance

Galen Weston calls Loblaw boycott ‘misguided criticism’ – National

Loblaw chairman Galen Weston, as well as the company’s new chief executive, pushed back on what they called “misguided criticism” of

by admin
4 Minute
Finance

Can the Bank of Canada cut rates before the U.S.? What Macklem, economists say – National

The head of the Bank of Canada says there’s a “limit” to how much Canadian monetary policy can diverge from

by admin
7 Minute
Finance

Air Canada says post-COVID ‘revenge travel’ slowing as profits fall

Air Canada lost $81 million in its first quarter, falling below analysts’ expectations even as revenue and capacity ramped up.

by admin
3 Minute
Finance

U.S. Fed says it won’t cut rates until it has ‘greater confidence’ on inflation – National

The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan

by admin
4 Minute
Finance

Loblaw reports nearly 10% jump in Q1 profit as May boycott begins – National

By Staff The Canadian Press Posted May 1, 2024 8:39 am Updated May 1, 2024 8:40 am 1 min read

by admin
2 Minute
Finance

Climate change is affecting how Canadians plan to buy homes, report says – National

As Canada is braces for another record wildfire season, the climate crisis is bleeding into another major challenge facing Canadians

by admin
5 Minute
Finance

Capital gains changes spur cottage market ‘anxiety.’ Will owners rush to sell? – National

Looming changes to how capital gains are taxed are spurring some “anxiety” in Canada’s cottage country, some real estate experts

by admin
8 Minute
Finance

Loblaw boycott: CEO responds to plans from ‘deeply unhappy’ customers – National

A boycott targeting Loblaw is gaining momentum online, with what could be thousands of shoppers taking their money elsewhere in

by admin
6 Minute
Finance

University students in N.S., P.E.I. facing highest debt in Canada: study

Students graduating from post-secondary schools in Nova Scotia and Prince Edward Island have some of the highest student loan debt

by admin
3 Minute
Finance

Interest rate cuts likely to be ‘gradual’ amid inflation risks: Bank of Canada – National

The Bank of Canada’s top policymakers have a “diversity of views” about when they expect interest rate cuts to start,

by admin
4 Minute
Finance

More financial institutes are offering crypto-services, survey shows – National

Investing in cryptocurrencies is picking up steam, according to a new survey, even in the face of potential volatility and

by admin
3 Minute
Finance

Do you need to own a home to be wealthy in Canada? How renters can get ahead – National

Graham Isador says it feels strange to think about himself as one of the “lucky ones” in Toronto’s notoriously unaffordable

by admin
10 Minute
Finance

Investing tax refunds is low priority for Canadians amid high cost of living: poll – National

Only one in 10 Canadians plan on investing their tax refund this year as other financial demands take priority, a

by admin
3 Minute
Finance

Is home ownership only for the rich now? 80% say yes in new poll – National

The cost-of-living crisis facing Canadians is only getting more bleak, according to new polling that shows everything from buying a

by admin
7 Minute
Finance

Do Canadians have an appetite for electric vehicles? Experts are divided

By 2028, a Honda manufacturing plant in Alliston, Ont., should be ready to pump out 240,000 electric vehicles (EVs) every

by admin
5 Minute
Finance

Meta stock sinks as investors ‘caught off guard’ by AI spending plans – National

Shares of Meta Platforms sank nearly 15 per cent on Thursday, sparking a selloff in big tech stocks after the

by admin
3 Minute
Finance

Canadians more likely to eat food past best-before date. What are the risks? – National

Grocery price inflation may finally be slowing across Canada, but as some food costs remain high, a new report has

by admin
4 Minute
Finance

Ikea Canada cut prices on 800 items this month. Which ones? – National

Descrease article font size Increase article font size Amid a cost-of-living crisis, Ikea Canada says it has lowered its prices

by admin
3 Minute
Finance

Capital gains changes are ‘really fair,’ Freeland says, as doctors cry foul – National

Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland are continuing to defend the 2024 federal budget’s proposed changes to

by admin
4 Minute
Finance

What is a halal mortgage? How interest-free home financing works in Canada – National

The federal government is looking at making Islamic home financing increasingly accessible to help more Canadians break into the housing

by admin
7 Minute
Finance

Proposed Roll Up to Win class action has no merit, Tim Hortons says – National

Tim Hortons says there’s no merit to a proposed class action lawsuit regarding emails it sent out in error to

by admin
3 Minute
Finance

Roll Up To Win? Tim Hortons says $55K boat win email was ‘human error’

Tim Hortons is under fire again for mistakenly telling some customers they had won big in a contest – the second

by admin
5 Minute
Finance

Gas prices surge in some parts of Canada. What’s causing pain at the pumps? – National

A sharp uptick in gas prices is fuelling road rage in some parts of Canada on Thursday. Many motorists filling

by admin
5 Minute
Finance

Carbon rebate labelling in bank deposits fuelling confusion, minister says – National

Canadian banks that refuse to identify the carbon rebate by name when doing direct deposits are forcing the government to

by admin
3 Minute
Finance

Is assuming a mortgage an affordable way into the housing market? What to know – National

This article is part of Global News’ Home School series, which provides Canadians the basics they need to know about the housing

by admin
8 Minute
Finance

Bitcoin halving: What does it mean and why does it matter? – National

Bitcoin’s long-anticipated ‘halving’ is, depending on where you sit, a vital event that will burnish the cryptocurrency’s value as an

by admin
4 Minute
Finance

Olympics 2024: Track and field criticized for move to pay Paris gold medalists – National

Olympic sports bodies criticized World Athletics on Friday for promising to pay US$50,000 for each track and field gold medal

by admin
3 Minute
Finance

Netflix beats subscriber targets, but revenue falls short of forecast – National

Netflix NFLX.O blew past Wall Street expectations on new customers for the second straight quarter on Thursday but signaled the

by admin
3 Minute
Finance

Budget 2024 makes changes to capital gains tax. Who will it affect? – National

Some Canadians making money from capital gains are set to pay higher taxes starting this year, according to the federal

by admin
6 Minute
Finance

Does Budget 2024 make it easier to buy a first home in Canada? – National

The Liberal government’s 2024 federal budget tabled Tuesday held a clear focus on “fairness” among generations and efforts to make

by admin
8 Minute
Finance

Budget 2024: Liberals look to offset drug plan cost with higher smoking, vaping taxes – National

The federal government expects that its latest effort to discourage Canadians from smoking, contained in the federal budget tabled Tuesday, will generate

by admin
4 Minute
Finance

Housing starts in Canada fall 7% in March from previous month, CMHC says – National

By Staff The Canadian Press Posted April 16, 2024 10:13 am Updated April 16, 2024 10:15 am 1 min read

by admin
1 Minute
Finance

Some fixed mortgage rates are up despite hints of Bank of Canada cuts. Why?

Market watchers say some Canadian lenders are raising their fixed-mortgage rates on offer despite indications from the Bank of Canada

by admin
7 Minute
Finance

Budget 2024 sets up a ‘hard year’ for the Liberals. Here’s what to expect – National

The Liberal government faces a slowing economy and an uphill battle in the polls as it prepares to table its

by admin
7 Minute
Finance

Buying a home feels out of reach for 76% of non-owners, poll shows – National

For the majority of Canadians who don’t own property, the dream of homeownership is feeling elusive, a new CIBC report

by admin
4 Minute
Finance

Ottawa changing RRSP Home Buyers’ Plan, some mortgage amortization rules – National

The federal government has announced a series of measures to make it easier for first-time buyers to break into the

by admin
5 Minute
Finance

Annual home prices predicted to rise nearly 10% by end of year: Royal LePage – National

Canadian homes will be nearly 10 per cent more expensive at the end of 2024 than they were the year

by admin
5 Minute
Finance

How to protect, improve your credit score amid cost-of-living pressures – National

Last month, the federal government proposed tying rent payments to credit scores, a new way to help Canadians build their

by admin
4 Minute
Finance

Canadians’ wages took major hit in 2022 amid high inflation rates: StatCan – National

Peak inflation rates in 2022 cost Canadians a major chunk of their wages, according to a new Statistics Canada report.

by admin
4 Minute
Finance

30-year amortizations will only impact a ‘sliver’ of the housing market: BMO – National

The Liberal government’s plan to allow some first-time homebuyers to stretch their mortgage amortizations to 30 years will only improve

by admin
3 Minute
Finance

Canada needs another 1.3M homes by 2030 to solve supply and demand gap: PBO – National

Canada will need to build roughly 1.3 million more new homes than are currently projected to eliminate the gap between

by admin
5 Minute
Finance

Anti-money laundering watchdog gives failing grades to banks, real estate companies – National

An internal report from Canada’s financial crimes watchdog found that most banking and real estate companies it audited last year

by admin
6 Minute
Finance

Bank of Canada holds key rate, but signals June cut in ‘realm of possibilities’ – National

The Bank of Canada held its benchmark interest rate steady on Wednesday amid signs that inflation is easing, with officials

by admin
8 Minute
Finance

U.S inflation rises in March, could ‘undermine’ Fed’s confidence for rate cuts – National

Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday

by admin
5 Minute
Finance

CRA’s handling of bare trust reporting rules needs ‘systemic review,’ MP says – National

A Conservative MP is calling on the taxpayers’ ombudsperson to conduct a “systemic review” of the Canada Revenue Agency‘s recent handling

by admin
5 Minute
Finance

Spring housing market looms over the Bank of Canada’s rate decision. Here’s why – National

Fears that the spring housing market could “overheat” will be in the background as the Bank of Canada readies for

by admin
7 Minute
Finance

Why climate change on the farm means a high cost for Canadian taxpayers

To get an idea of the financial toll extreme weather is taking on this country’s agriculture industry, look no further

by admin
6 Minute
Finance

Dollarama hikes dividend as profit and sales soar in latest quarter

Dollarama Inc.’s new chief financial officer says shrinkage — a metric the company uses to track inventory lost through theft,

by admin
3 Minute
Finance

CRA’s bare trust filing change had costly consequences: ‘A lot of angry people’

Peter Corry from Alberta says he recently paid $700 for an accountant to file his bare trust tax returns, out

by admin
6 Minute
Finance

‘Pink tax’: Calls grow to scrap ‘unfair’ prices on women’s products

Some Canadian high school girls want to take their “pink tax” fight to the House of Commons, calling on the

by admin
7 Minute
Finance

Budget 2024: Here’s what Canadians want from Ottawa – National

Canadians are mostly looking for help paying their bills in the 2024 federal budget, not investments in the military or

by admin
7 Minute
Finance

Former Canada Goose employees allege layoffs via email ‘inhumane’ – National

When Canada Goose employees received an email on Monday, March 25, telling them not to come into the office the

by admin
7 Minute
Finance

Canada’s unemployment rate jumps to 6.1% in March – National

The Canadian unemployment rate jumped up to 6.1 per cent in March amid rapid growth in the labour force, Statistics

by admin
1 Minute
Finance

Home prices could reach new highs by 2026, CMHC report says – National

By Staff The Canadian Press Posted April 4, 2024 2:23 pm Updated April 4, 2024 4:26 pm 1 min read

by admin
2 Minute
Finance

Grocery code of conduct won’t drive food prices higher, Empire CEO says – National

Empire Co. Ltd. chief executive Michael Medline said there’s no evidence that a grocery code of conduct would raise food

by admin
3 Minute
Finance

Canadians’ total RRSP contributions fell in 2022 after pandemic spike: StatCan – National

The number of Canadians contributing to registered retirement savings plans in 2022 shrank overall, a new report shows. The proportion

by admin
4 Minute
Finance

‘Virtually zero chance’ of seeing gas cost $1 per litre in Canada again: report – National

Canadians aren’t likely to see gas cost less than a dollar a litre in the future, according to a price-monitoring

by admin
3 Minute
Finance

Shift to faster payment system in Canada years behind schedule – National

By Staff The Canadian Press Posted April 1, 2024 7:24 am 1 min read Descrease article font size Increase article

by admin
2 Minute
Finance

Quebec Tim Hortons franchisees sue brand owner for almost $19M

Several Quebec Tim Hortons franchisees are taking the brand’s owner to court, blaming what they describe as unreasonable constraints in the company’s licensing

by admin
3 Minute
Finance

Flair Airlines is now Canada’s lone low-cost carrier. Can it rise to the moment?

The recent demise of Lynx Air leaves Flair Airlines alone holding the banner for ultra-low-cost carriers in the Canadian airspace.

by admin
10 Minute
Finance

CRA no longer requiring tax return for bare trusts this year – National

Descrease article font size Increase article font size Canadians with bare trust arrangements, such as a co-signed mortgage or joint

by admin
3 Minute
Finance

Rental construction across Canada hit ‘record levels’ in 2023: CMHC – National

The construction of purpose-built rentals and condominiums hit “record levels” in 2023, data from the Canada Mortgage and Housing Corporation

by admin
2 Minute
Finance

Trudeau proposes new reforms for renters amid housing crunch – National

Prime Minister Justin Trudeau has announced new measures he says will help protect Canadian renters and help them break into the housing market ahead

by admin
6 Minute
Finance

Canadian businesses say housing crisis is forcing them to boost pay: survey – National

Business leaders see the housing crisis as the biggest risk to the economy, a new survey from KPMG Canada shows.

by admin
3 Minute
Finance

Inside what ‘axe the tax’ means to Pierre Poilievre’s supporters: ‘He understands Canadians’

When Sarah Morin hears the phrase “axe the tax,” what enters her mind is “freedom.” The 41-year-old is a stay-at-home

by admin
7 Minute
Finance

Budget 2024 should include funding for disability benefit, Liberal MPs urge – National

By Staff The Canadian Press Posted March 25, 2024 1:38 pm Updated March 25, 2024 2:17 pm 1 min read

by admin
1 Minute
Finance

Flair Airlines’ website faces ‘service interruption’ preventing booking

Flair Airlines is facing service issues on its website affecting customers’ ability to book a flight with the low-cost carrier.

by admin
3 Minute
Finance

Canada’s cottage country could see boost in prices, report finds – National

Spring is officially underway in Canada, and for some it may mean deciding whether this could be the year to

by admin
4 Minute
Finance

Rate cuts could be in the cards for 2024, but BoC sees housing market as a risk – National

The Bank of Canada’s governing council seems to be growing in confidence that the central bank will be able to

by admin
4 Minute
Finance

Did you open an FHSA last year? Why your tax refund might be delayed – National

Some Canadians who opened a first home savings account (FHSA) in 2023 have faced delays getting their tax return processed

by admin
3 Minute
Finance

Reddit IPO: Stock soars after making public market debut – National

Reddit soared in its Wall Street debut as investors pushed the valued of the company close to US$9 billion seconds

by admin
6 Minute
Finance

Slow car sales drag down retail in January, but there’s strength under the hood – National

By Staff The Canadian Press Posted March 22, 2024 9:39 am 1 min read Descrease article font size Increase article

by admin
2 Minute
Finance

Flair Airlines CEO says spring flight cuts not a reflection of finances

Flair Airlines is putting up fewer flights domestically in Canada this spring, but the low-cost carrier’s CEO says it’s part

by admin
4 Minute
Finance

Inflation drop is ‘very encouraging’ but ‘it’s one number’: BoC official – National

Descrease article font size Increase article font size Signs of progress in the Bank of Canada’s inflation fight are “very

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3 Minute
Finance

Drop the mortgage stress test at renewal, competition watchdog urges Ottawa – National

Canada’s competition watchdog is urging Ottawa to drop requirements for some borrowers to pass the mortgage stress test at renewal,

by admin
4 Minute
Finance

Retailers are cutting prices to win your business. Here’s where you can save – National

Canadians with extra spending cash right now might find they can score deals on clothing, some discretionary items and higher-ticket

by admin
7 Minute
Finance

U.S. Federal Reserve says 3 interest rate cuts still expected despite high inflation – National

Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024, fueling

by admin
5 Minute
Finance

Thinking of filing your taxes yourself this year? Here’s what to know – National

Imagine sitting down with a messy pile of T-slips and old receipts to file your tax return one line at

by admin
5 Minute
Finance

Travellers run into turbulence before returning home from Cancun on Flair Airlines

A flight between Calgary and Cancun that usually takes around six hours ended up being a three-day affair for one

by admin
4 Minute
Finance

Statistics Canada set to release inflation report for February – National

By Staff The Canadian Press Posted March 19, 2024 7:38 am 1 min read Descrease article font size Increase article

by admin
2 Minute
Finance

Budget 2024 should have ‘substantial’ measures to tackle housing, minister says – National

Canada’s federal budget, due next month, is likely to allocate billions of dollars for investing in building homes and low

by admin
2 Minute
Finance

Return to 2% inflation rate could be a bumpy one. Here’s why – National

Economists say inflation likely flared up again in February amid higher gasoline prices, reinforcing the expectation that the journey back

by admin
4 Minute
Finance

Canadian housing starts rose 14% in February, CMHC says – National

By Staff The Canadian Press Posted March 15, 2024 9:49 am 1 min read Descrease article font size Increase article

by admin
1 Minute
Finance

Canadians facing ‘pervasive motherhood penalty’ at work, report says – National

Working women in Canada are facing a “pervasive motherhood penalty,” with 70 per cent of employed mothers saying they don’t

by admin
7 Minute
Finance

Did you co-sign your kid’s mortgage? There are new tax reporting rules to know – National

If you’re part of a joint bank account or have co-signed a mortgage, you might be part of something called

by admin
7 Minute
Finance

It’s the best time of year to negotiate your mortgage rate. Here’s how – National

Some mortgage rates are getting cheaper heading into the busy spring housing market, but experts say you’ll likely need to

by admin
6 Minute
Finance

40% of Canadian industries ‘highly vulnerable’ to supply shocks: StatCan – National

Forty per cent of Canadian industries are “highly vulnerable” to external demand and supply shocks, Statistics Canada says. The federal

by admin
3 Minute
Finance

Financial stress taking a toll on international students, advocates say – National

When Gobindbir Singh describes the stress international students are under, he remembers a young man who called in tears. Unable

by admin
6 Minute
Finance

Oil shippers demand explanation from Trans Mountain for massive pipeline cost overruns

A group of oil shippers is asking the Canada Energy Regulator to compel the company behind the Trans Mountain pipeline

by admin
4 Minute
Finance

Loblaw testing grocery receipt scanners. Can customers refuse?

For some Loblaw customers in Ontario, their next grocery run might look and feel a little different. Canada’s largest grocery

by admin
6 Minute
Finance

Considering a 2nd unit on your property? How to weigh the pros and cons – National

With mortgage rates causing stress for many Canadians and rents across the country on the rise, many are looking for

by admin
5 Minute
Finance

Variable or short-term fixed mortgage? Where experts see the ‘sweet spot’ – National

The Canadian mortgage space is already seeing some rates on offer decline heading into the spring market, despite no clear

by admin
8 Minute
Finance

U.S. inflation rose again in February. Here’s what lifted prices – National

Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the

by admin
5 Minute
Finance

Insolvencies to remain high in Canada as economy plays catch-up: experts – National

Business insolvencies will likely remain elevated throughout 2024, experts said, as the economy plays catch-up after historically low levels during

by admin
5 Minute
Finance

A long-awaited change to Canadian banking is coming. What to know – National

A long-promised revolution in banking is headed to Canada, but you might not notice when it arrives. Change is in the

by admin
6 Minute
Finance

Vet bills have soared in Canada. Is pet insurance worth the cost? – National

With the cost of living through the roof, Canadian pet owners are also grappling with soaring veterinary bills that can

by admin
5 Minute
Finance

5 things to know before opening a first home savings account – National

This article is part of Global News’ Home School series, which provides Canadians the basics they need to know about the housing

by admin
8 Minute
Finance

Job seekers could soon face an ’employer’s market’ as unemployment rate rises – National

Canada’s employers are still hiring, but not enough to keep the unemployment rate from rising amid a rapidly growing population,

by admin
5 Minute
Finance

$18 a pound? Why lobster prices in N.S. are hitting near record levels

Lobsters in southwestern Nova Scotia are selling at the highest price seen so far this season, as fishermen struggle with

by admin
4 Minute
Finance

Ottawa’s fiscal wiggle room squeezed by rising debt costs, watchdog says – National

The Liberal government is facing a tough fiscal position heading into the 2024 budget, according to new projections from the

by admin
4 Minute
Finance

Fort McKay First Nation and Suncor sign MOU on future oilsands development

Fort McKay First Nation and Suncor Energy announced Thursday they’re partnering on a prospective oilsands lease development on the northeast

by admin
5 Minute
Finance

Bank of Canada says it’s ‘too early’ to cut rates. Here’s what to expect – National

The Bank of Canada left its benchmark interest rate unchanged on Wednesday and signalled it’s still too soon to ease

by admin
6 Minute
Finance

Home insurance up 7% in Canada, report says. How to cut costs – National

Home insurance has become more expensive in Canada this year amid soaring replacement costs and extreme weather events, according to

by admin
5 Minute
Finance

Bitcoin just hit a new high. Is it time to reconsider crypto in your portfolio? – National

Bitcoin’s price hit a new high on Tuesday after a months-long rally, the latest step on a volatile journey for

by admin
8 Minute
Finance

Flair Airlines hopes to get some Lynx airplanes, even after shutdown scuttles deal

By Staff The Canadian Press Posted March 5, 2024 2:03 pm Updated March 5, 2024 2:47 pm 1 min read

by admin
2 Minute
Finance

Interest rate hold widely expected in BoC’s latest decision. Are cuts close? – National

The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening

by admin
4 Minute
Finance

Bitcoin eyes record high as cryptocurrency bursts above US$65K – National

Descrease article font size Increase article font size Bitcoin rallied to a two-year high on Monday, breaking above US$65,000 as a wave

by admin
2 Minute
Finance

Payroll taxes have gone up. What to know if your paycheque is feeling pinched – National

With the 2024 tax filing season in full swing, most working Canadians will likely soon start feeling the impact of

by admin
7 Minute
Finance

2 years in, has the Bank of Canada’s historic rate hike campaign done the job? – National

It’s been two years since the Bank of Canada started the most aggressive interest rate hike campaign in its history

by admin
11 Minute
Finance

Weddings are picking up post-pandemic — but have venues fully recovered? – National

Wedding planning can be stressful as it is, but a last-minute cancellation by a venue or vendor can only make

by admin
7 Minute
Finance

Some Canadians exploring ‘non-traditional’ ways to own a home. What are they? – National

Nearly a third of Canadians are considering buying a home with others, renting out a secondary unit and other “non-traditional”

by admin
6 Minute
Finance

‘No urgency’ for Bank of Canada to cut rates as economy skirts recession – National

The national economy managed to skirt a technical recession in 2023, a Statistics Canada report Thursday showed. And while the

by admin
6 Minute
Finance

Bitcoin hits US$60K for 1st time in over 2 years. What’s behind the latest rally – National

Bitcoin’s price hit US$60,000 on Wednesday for the first time in more than two years, as a surge of capital

by admin
4 Minute
Finance

Spring will be ‘pivotal moment’ for housing market, Royal LePage CEO says – National

Many Canadians who’ve been boxed out of the housing market since the Bank of Canada started hiking interest rates almost

by admin
5 Minute
Finance

More young adults are getting scammed despite tech-savviness: survey – National

A new survey has found nearly one-third of Canadian young adults have been victims of an online scam, despite being

by admin
4 Minute
Finance

Gender pay gap double in private vs public sector, report says. Why? – National

The gender pay gap for female employees in Canada’s private sector is double that in the public sector, which is

by admin
7 Minute
Finance

‘Lack of awareness’ of safety guidelines at Boeing: FAA report – National

Boeing is not as committed to safety as it claims it is, an FAA report concluded. An investigation by the

by admin
3 Minute
Finance

Crude-by-rail shipments jumped in last half of 2023 as Alberta’s oil output grows

Canadian crude-by-rail shipments nearly doubled in volume in the last six months of 2023, as oil output from Alberta surged

by admin
3 Minute
Finance

Leap year 2024: Extra day doesn’t necessarily mean more pay. Why? – National

For the first time in four years, Canadians will mark Feb. 29 this Thursday. Thousands of Canadians born on Feb.

by admin
5 Minute
Finance

Dollarama class-action proposed settlement: How you can claim compensation

Dollarama has reached a proposed national $2.5 million settlement in Quebec Superior Court in a class-action lawsuit that alleged the

by admin
4 Minute
Finance

Nvidia’s stock soars as chip maker leaves ‘no doubt’ of AI boom – National

Nvidia on Wednesday forecast a roughly threefold surge in quarterly revenue that handily beat estimates as the company banked on

by admin
4 Minute
Finance

Is fatherhood more appealing than motherhood? What new research shows – National

When it comes to the idea of becoming a parent, more men want children than women, according to a new

by admin
6 Minute
Finance

Grocers face uphill battle to regain customers’ trust, experts say – National

Galen Weston may not be the president of grocery giant Loblaw anymore, but you wouldn’t know that based on how

by admin
7 Minute
Finance

Nvidia’s stock surge helped markets hit record highs. What is happening? – National

Nvidia, the chipmaker underpinning a much-hyped artificial intelligence revolution, saw its market capitalization pass US$2 trillion for the first time

by admin
7 Minute
Finance

GST, HST on Ottawa’s carbon price could raise $5B over next 7 years: budget watchdog

The federal government’s carbon price could generate more than $5 billion from the federal sales tax over the next seven

by admin
4 Minute
Finance

‘Colossally high’ number of Canadians plan to buy a home within a year. Why? – National

With Canada’s housing market “starting to turn a corner,” there is growing demand for homeownership with a “colossally high” number of

by admin
5 Minute
Finance

Here’s how much home you can get for $1M across Canada these days

Higher interest rates and resilient home prices mean most Canadians are getting less for their homes at the $1-million benchmark,

by admin
7 Minute
Finance

Will Easter chocolate cost more? What to know amid high cocoa prices  – National

Canadians might have to pay more for chocolate and candies this Easter as manufacturers feel the crunch of high cocoa

by admin
3 Minute
Finance

Ottawa scaling back carbon price rebate for small businesses

The federal government is cutting the amount of financial relief small businesses will receive from carbon pricing revenues so it

by admin
5 Minute
Finance

BLT, anyone? Bacon, lettuce, tomatoes among ‘broad-based’ grocery price relief – National

Multiple grocery store staples saw price hikes not only ease but reverse course in January, according to Statistics Canada. The

by admin
3 Minute
Finance

Liberals to give low-cost loans for new B.C. rental housing program

Descrease article font size Increase article font size The Trudeau Liberals are set to announce that the federal government will

by admin
3 Minute
Finance

Renters more likely to experience financial distress, loneliness: StatCan – National

In Canada, renters are more likely than homeowners to experience a lower quality of life, including financial distress and loneliness,

by admin
4 Minute
Finance

Tim Hortons, Burger King boost earnings for parent Restaurant Brands – National

Restaurant Brands International beat Wall Street estimates for quarterly results on Tuesday, lifted by signs of a turnaround at its

by admin
2 Minute
Finance

Shopify’s revenue surged 24% in the last quarter. So why is the stock down?

Descrease article font size Increase article font size Canada’s Shopify topped Wall Street estimates for fourth-quarter revenue and profit on

by admin
2 Minute
Finance

Air Canada sees 11% revenue increase amid resilient international demand

Descrease article font size Increase article font size Air Canada AC.TO lifted forecast for its 2024 core profit on Friday,

by admin
2 Minute
Finance

TD Bank customers eligible for $15.9M payout under class-action settlement

A class-action settlement that would see Toronto Dominion Bank pay out nearly $16 million has been approved – one of

by admin
3 Minute
Finance

Toronto housing starts surged in January but fell in Vancouver, Montreal

The annual pace of housing starts in January slowed by 10 per cent compared with December, as the rate of

by admin
3 Minute
Finance

EV owners likely to pay more for insurance, report says. Here’s why – National

Electric vehicle (EV) owners in Canada may start to see their insurance rates jolt in the coming years, a new

by admin
5 Minute
Finance

Canada’s housing market is ‘starting to turn a corner.’ Are prices rising? – National

Canada’s housing market is “starting to turn a corner,” the country’s national real estate association says. According to the latest

by admin
5 Minute

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