In early 2022, it looked like Canada’s condo market would never slow down. For older buyers with a little extra cash in hand, buying one may have seemed like a smart way to set themselves up for retirement. Three years on, experts warn that the condo crash makes these units a bad investment — especially…
Technology stocks have been slipping over the last week, with companies like Nvidia and Tesla seeing sharp drops and spikes in value on a day-to-day basis. With the addition of the uncertain trade war and tariff outlook that can have ripple effects on stock markets, you may be on edge as you watch your investments…
Ahead of the 2025 federal budget to be released this fall, some are raising a question that could be a third rail in Canadian politics: is it time to reform the Old Age Security program? The founder of Generation Squeeze, which is a charitable “think and change tank” with a mandate to “champion generational fairness,”…
Despite the U.S. taking in record income from President Donald Trump’s tariffs in July — with a 273% increase in customs revenues (or $21 billion) from this time last year — the U.S. budget deficit is still higher, according to Treasury Department data released Tuesday. The government’s shortfall has climbed 20% this fiscal year compared to the same period in…
By Staff The Canadian Press Posted August 10, 2025 11:55 am 1 min read Descrease article font size Increase article font size The winning numbers in Saturday’s Lotto 6/49 draw for an estimated $5 million: 15, 17, 21, 22, 38 & 45. Bonus: 26. The winning number for the guaranteed $1 million: 35679933-01. Get weekly…
By Staff The Canadian Press Posted July 14, 2025 1:03 pm Updated July 14, 2025 1:11 pm 1 min read Descrease article font size Increase article font size The Canadian Union of Public Employees says cabin crew at Porter Airlines have filed a union certification application with the Canada Industrial Relations Board. The union would represent about…
Giant shovels, driverless trucks and a dog-like robot have all helped Canada’s oil sands companies including Imperial Oil and Suncor become some of North America’s lowest-cost oil producers, driving down overheads even as the worst inflation in a generation pushed U.S. shale costs up. As the global oil industry enters a downturn due to economic uncertainty related to U.S. tariffs policy and OPEC+ pumping…
U.S. stocks are shaky on Wednesday as President Donald Trump said he had “talked about the concept of firing” the head of the Federal Reserve. Such a move could help Wall Street get lower interest rates, which it loves, but could also mean a weakened Fed unable to make the unpopular moves needed to get…
The House has passed two bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “ crypto capital of the world.” One of the bills, which would regulate a type of cryptocurrency called stablecoins, had already passed the Senate with broad…
While the latest Bank of Canada survey data suggests both businesses and consumers are in need of more financial relief amid the trade war, many economists doubt the central bank will cut rates on July 30. Most business owners are feeling less pessimistic about a potential recession than earlier this year, but still say they’re…
