Daily News

Source: Financialpost August 14, 2024

In Canada’s topsy-turvy housing market, more supply could mean less affordability, report warns

Haider-Moranis: Oxford Economics cautions that Toronto and Vancouver are akin to New York and London where demand can never be satisfiedBy Murtaza Haider and Stephen Moranis We apologize, but this video has failed to load. Try refreshing your browser, or...

Source: Financialpost August 14, 2024

William Watson: Albertans should be steaming mad over EV tariffs

After years of Ottawa telling us oil and gas jobs must be sacrificed to save the planet, it now turns out auto sector jobs are sacrosanctIf I were an Albertan, I’d be steaming mad about the tariffs that are obviously coming on inexpensive Chinese electric ve...

Source: Financialpost August 14, 2024

Posthaste: Downturn expected to get worse before Bank of Canada rate cuts kick in

Canadian dollar, on the other hand, is weathering the storm We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Downturn expected to get worse before Bank of Canada rate...

Source: Financialpost August 14, 2024

Details on capital gains changes finally released, but Canada is still in bad shape

Kim Moody: Draft legislation comes almost two weeks later than promisedReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. The Parliament...

Source: Financialpost August 13, 2024

To solve housing affordability, Canada must fix its productivity problem

Opinion: Households need more buying power to keep up with rising home pricesFor years, Canadian policymakers have been sleepwalking past a growing housing affordability crisis. Now, with homes seeming impossibly out of reach to so many and voter discontent...

Source: Financialpost August 13, 2024

Don't blame recession fears for the market tumult. It's something bigger

Martin Pelletier: Unwinding of the $4-trillion yen carry trade has implications for liquidity in markets around the worldThe market volatility we’ve seen over the past week and a half has been astounding. The VXX, an exchange-traded fund that tracks the VIX...

Source: Financialpost August 13, 2024

RBC's fired CFO says she was in the running for CEO before bank sacked her over relationship

Nadine Ahn, who is suing RBC, was let go on April 5 by Canada’s largest bankNadine Ahn says she had a chance to become the first woman to run Royal Bank of Canada before she was fired over a personal relationship with a colleague. We apologize, but this...

Source: Financialpost August 13, 2024

Diane Francis: Trudeau dropped the ball on national security

Prime Minister and Jagmeet Singh do not protect CanadiansThe Trudeau government has neglected the country’s military, but its immigration policies, and student visa system, represent another serious security lapse. We apologize, but this video has failed...

Source: Financialpost August 13, 2024

Young Canadians left jobless amid influx of cheap foreign workers

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 Youth unemployment at highest lev...

Source: Financialpost August 11, 2024

RBC's former CFO sues bank, denies affair with colleague

Nadine Ahn seeking nearly $50 million in pay and damagesRoyal Bank of Canada’s former chief financial officer is suing for wrongful dismissal, arguing the bank made a “devastating” error when it fired her over a personal relationship with a co-worker — and d...