Daily News

Source: Financialpost July 23, 2024

Diane Francis: A Trump win spells trouble for Canada

Canada is weaker than before and Trump will take advantage of that and moreThe outcome of the U.S. Presidential race is up in the air, but the ramifications for Canada of a Trump victory are dire. We apologize, but this video has failed to load. Try refr...

Source: Financialpost July 23, 2024

Trans Mountain pipeline considers debt deal ahead of potential sale

The company reported that it had $25.3 billion debt as of March 31Trans Mountain Corp. plans to borrow in the bond market to refinance some of its outstanding debt ahead of the Canadian government’s eventual sale of the oil pipeline operator, according to pe...

Source: Financialpost July 23, 2024

Posthaste: Canadians' migration to greener pastures in the Maritimes is losing steam

Flood of new residents from other provinces slows to a trickle We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canadians' migration to greener pastures in the Mariti...

Source: Financialpost July 23, 2024

Husband sues wife after his lone, lowball bid for family home rejected amid separation

Judge orders husband to pay court costs after lawsuit spuriously delays home sale processReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this pa...

Source: Financialpost July 22, 2024

A new era for fixed income is arriving after years of disappointment

Asset class offering meaningful benefits againAfter more than a decade of dismal fixed-income performance, with Canadian indexes eking out low single-digit annualized returns, the tides are finally shifting. We apologize, but this video has failed to loa...

Economy Source: Financialpost July 21, 2024

Economic uncertainty is pushing Canadians to save at a rate not seen in decades

Savings are up, spending is down and debt levels are highThe Canadian household savings rate jumped to 6.9 per cent in the first quarter, a level not seen since 1996, excluding the pandemic. We apologize, but this video has failed to load. Try refreshing...

Source: Financialpost July 20, 2024

'It remains tough going:' Bank of Canada will have to keep cutting to perk up weary consumers, economists say

Canadians are holding the line on spending as they struggle with higher interest rates and inflationNew retail sales data out on Friday showed Canadians are holding the line on spending as they struggle with the double whammy of higher interest rates and inf...

Source: Financialpost July 20, 2024

FP Answers: Is there any advantage to opening a RRIF account before age 71?

There are many reasons for starting early, including tax management, pension tax credit and moreReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on...

Source: Financialpost July 20, 2024

Posthaste: The 'great horizontal wealth transfer' is coming — and it could change a lot

Women set to inherit trillions in seismic shift in wealth ownership We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: The 'great horizontal wealth transfer' is coming...

Source: Financialpost July 20, 2024

For young people, the fastest route to home ownership runs through the trades

Robert McLister: If you want to own a home by age 40, trade school appears to be the way to goYou’re 18, fresh out of high school, and you’ve got home-buying dreams. We apologize, but this video has failed to load. Try refreshing your browser, ortap here...