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Source: Financialpost November 17, 2024

Canada's home sales up 30% in surprise October surge

Increase in new listings likely behind the unexpected spike, says CREAOTTAWA — Home sales shot up 30 per cent in October, the Canadian Real Estate Association said Friday, marking a shift from the market’s holding pattern. We apologize, but this video ha...

Source: Financialpost November 17, 2024

Xi Seizes Role as Global Defender of Free Trade Against Trump

As Donald Trump threatens to impose tariffs on the entire world, Xi Jinping is once again wasting no time in positioning himself as the premier defender of the international trading system.(Bloomberg) — As Donald Trump threatens to impose tariffs on the enti...

Source: Financialpost November 16, 2024

Fired AIMCo chair disputes Alberta’s narrative on costs in letter to Horner

AIMCo is a low-cost manager compared to similar funds and has 'solidly' exceeded benchmarks over the years, says Kenneth Kroner Get the latest from Barbara Shecter straight to your inbox Sign Up The former interim chair of Alberta Investment Managemen...

Source: Financialpost November 16, 2024

Loonie watch: Sub-70 cent Canadian dollar inching closer into view

Canadian dollar sank below 71 cents U.S. for the first time since mid-2020The Canadian dollar sank below 71 cents U.S. Friday for the first time since mid-2020, breaching a level that some analysts see as a “psychological barrier” and bringing a sub-70 cent...

Source: Financialpost November 16, 2024

Ontario signs $100-million deal with Elon Musk’s SpaceX

ONSAT program will bring SpaceX’s Starlink satellite internet system to 15,000 premisesPremier Doug Ford’s government has signed a $100-million deal with Elon Musk’s SpaceX to deliver high-speed internet to remote residents in rural and northern Ontario....

Source: Financialpost November 16, 2024

Howard Levitt: Woke is broke and Donald Trump's return confirms it

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by Workday Workday Companies were already reining in...

Source: Financialpost November 16, 2024

Year-end tax tips: Here’s what is unique to 2024

Jamie Golombek: From First Home Savings Accounts to Alternative Minimum Tax, pay attention to some critical deadlinesReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases m...

Source: Financialpost November 15, 2024

Three-year fixed rates drop again, despite bond yields' continuing climb

Robert McLister: Trump's policies could potentially be like throwing gasoline on inflation's barbecueThe mortgage market nervously watched bond yields climb again this week. U.S. president-elect Donald Trump’s policies could potentially be like throwing gaso...

News Source: Financialpost November 15, 2024

Posthaste: Canada's record economic gap with the United States is about to get wider

Two economies headed in opposite directions We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada's record economic gap with the United States is about to get wider...

Source: Financialpost November 14, 2024

Builder sentiment slumps as mortgage rates continue to stall new home sales

While Canada’s resale market is showing signs of life, the new home market continues to declineBuilder sentiment across Canada remains bleak, with little hope for a near-term recovery, according to the Canadian Home Builders’ Association (CHBA) 2024 Q3 Housi...