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News
News of the day: Loonie 'imbalance,' boosting Canadian investment, buying U.S. contract stocks, Empire earnings, best way to use an inheritance and more
2+ day, 8+ hour ago (234+ words) Trump is angry about the loonie ‘imbalance’: But what does he mean and what can he do about it? PSP aims to boost Canadian investments by at least 30 per cent in coming years, CEO says The Public Sector Pension Investment…...
Leveraging Canada's mining moment can make this country strong
2+ day, 11+ hour ago (711+ words) Sean Boyd and Ammar Al-Joundi: Mining is one of Canada's most powerful economic engines and is uniquely positioned to help drive our country's next phase of economic growth Our country finds itself at an important crossroads as the inaugural Canada…...
The surprising Northern Ontario city where housing deals are rare
3+ day, 16+ hour ago (295+ words) Houses in Thunder Bay were on the market for the second shortest period of time at 12 days Homebuyers looking into certain Ontario markets may have less luck paying cheaper as houses in some areas are least likely to sell below…...
News of the day: Canada's 'investibility' gaps, Alberta oilpatch merger, rotting tax policy, selling your home at a loss, finding common ground and more
4+ day, 8+ hour ago (226+ words) CPP research says global pension giants find gaps in Canada’s ‘investibility’ ahead of summit Prime Minister Mark Carney hopes to attract billions of dollars from large global institutional investors at the Canada Investment Summit next week, but his government will…...
Tim Houston: Now is the time for Canadians to find common ground and get things done
4+ day, 15+ hour ago (703+ words) It's time to make Canada more self-reliant and Nova Scotia is brimming with the energy and resources to get us there The relationship between the United States and Canada runs deep and is steeped in history. We are neighbours, friends…...
Canada's tax policy is rotting from underneath. Here's how to fix it in the upcoming budget
4+ day, 17+ hour ago (573+ words) Kim Moody: There's a real difference between genuine tax reform and a grab bag of politically appealing measures A contractor looked at my deck a few years ago and found rotting boards underneath. His fix: sand it down, apply filler…...
CPP research says global pension giants find gaps in Canada's 'investibility' ahead of summit
4+ day, 19+ hour ago (682+ words) Conclusions based on input from 65 global institutional investors in 20 countries Prime Minister Mark Carney hopes to attract billions of dollars from large global institutional investors at the Canada Investment Summit next week, but his government will have to remedy a…...
Toronto-area homeowners are coming to terms with new reality: selling at a loss
5+ day, 19+ hour ago (1177+ words) Toronto home sellers are taking losses that were almost unheard of a few years ago Toronto realtor Sammy Kohn recalls what it was like representing buyers during the housing frenzy of 2021 and early 2022. It was not uncommon, he said, to…...
Crackageddon is upon us and Canadian refineries are raking it in: FP Video explains
1+ week, 18+ hour ago (211+ words) Canada’s nuclear revival has sparked a marketing battle between two major suppliers. And there are some parallels to an epic dustup in a different industry from a generation ago: the cola wars between Coca-Cola and Pepsi. In the latest marketing…...
How worried should variable-rate borrowers be about Bank of Canada rate hikes?
1+ week, 1+ day ago (990+ words) Robert McLister: Here are four situations where policy tightening becomes a real problem Wednesday’s Bank of Canada announcement revealed policymakers may be more hike-prone than markets had assumed. Bond traders noticed the hawkish tilt instantly and priced a pre-Christmas hike…...