Canada Financial News

21.02 / 14:07

UPS Maxim security Strategy wellness How do I reduce taxes now that my spouse has died and income splitting is not an option?

Q. I am recently widowed and heading into retirement. My husband and I accumulated a significant value in registered retirement savings plans (RRSPs), and had done our financial planning based on our ability to income split once we had to convert the RRSPs to registered retirement income funds (RRIFs.) Now, that window is closed for me. Any suggestions on how to avoid this increased tax burden?

21.02 / 14:07

COST UPS Provident Mobile Reddit surfing Bank mortgage renewal rates used to be 'take it or leave it.' Not anymore

Once upon a time, mortgagors nearing the end of their term would open their bank’s renewal letter, see offers based on horrendously high posted rates and obliviously accept them.

21.02 / 14:07

UPS Waves economy Hudson President Interviews International Terence Corcoran: Not the 51st state, but maybe a ‘North American Superstate’?

In the atmosphere of political conflict created by United States President Donald Trump it is hard, even impossible, to understand what his administration’s objectives are. His confrontational style has unleashed a global wave of uncertainty and instability that is shaking nations and international institutions, from Ukraine to Europe and Asia. Nobody knows that experience better than Canadians who have been grappling with Trump’s consistent and demeaning claim to want to turn Canada into “the 51st state.”

21.02 / 14:07

UPS CEO Food Trade Loblaw reports Features Loblaw to start labelling 'Made in Canada' products amid backlash against U.S.

Loblaw Companies Ltd. will start adding danglers and the Canadian flag on all products prepared in Canada beginning mid-next week as Canadian consumers shift to buying local in anticipation of a trade war with the United States.

21.02 / 14:07

markets UPS Progressive Trade show reports CMHC forecasts slowdown in housing starts through 2027

Housing starts across Canada kicked off the year strong, but lower immigration levels and evolving U.S. trade policies are clouding the country’s economic outlook, which has had a cascading effect on the housing market, according to the Canada Mortgage and Housing Corporation (CMHC).

21.02 / 13:47

markets security community Experts Universities Colleges International Who is Kash Patel, first Indian-American FBI director, and what does his appointment mean for the U.S. and his Indian roots?

21.02 / 12:33

markets economy Remark Fallout Trade show country Will India be spared from Trump tariffs? RBI has an answer

Reserve Bank of India has expressed caution over the impact of global trade tensions and protectionist policies on India.

21.02 / 12:11

UPS Anthem performer voice singer Protest anthem: Did Grammy-winning singer alter Canada’s national anthem to take aim at Donald Trump's expansionist dreams?

Chantal Kreviazuk made a bold lyrical change to O Canada at the 4 Nations Face-Off final. While the hockey world celebrated Canada’s victory over the U.S., the real headline of the night belonged to Kreviazuk, who faced a chorus of boos from American fans after deliberately altering the anthem’s lyrics.

21.02 / 09:17

markets COST Extreme economy wellness President reports US economy: Is stagflation making a comeback amid Trump turbulence?

Subscribe to enjoy similar stories. Might this be the year that stagflation returns to the US? It has been half a century: The last time the US economy had both excessively high inflation and unduly high unemployment was in the mid-1970s, with inflation rates reaching 12.2% in 1974 and unemployment at 8.5% in 1975. The new stagflation is unlikely to be as extreme as that.

21.02 / 02:21

markets UPS Analysis Trade rowing Dollar hits year-to-date lows as bulls get nervous

yen shot to a 2-1/2 month high on Friday on the back of a jump in Japanese inflation, while the dollar was set for a third weekly drop in a row as traders calculated the start of Donald Trump's second term has been mostly bluster on the tariff front. The yen broke through chart resistance at 150 per dollar overnight and it strengthened as far as 149.285 per dollar in the Asia morning after Japan recorded core inflation running at its fastest pace for 19 months in January.

20.02 / 23:47

Citi Strategy Citigroup Diversity inclusion Interviews International Citi scraps diversity goals under pressure from Trump

Citigroup Inc. is ending workplace representation goals and removing requirements to interview job candidates from diverse backgrounds, citing pressure from the Trump administration.

20.02 / 20:01

UPS Trade performer cover reports Interviews Manulife earnings beat estimates, shares gain most in a year

Shares of Manulife Financial Corp. made their largest intraday gain in a year after the company beat expectations in the fourth quarter, capping off a year of strong growth.

20.02 / 20:01

markets FIVE security Bill Trade War reports Posthaste: This mortgage could pay off if Bank of Canada slashes rate in tariff war

With Canadians on tenterhooks over Donald Trump‘s looming tariff war, now might not seem to be the best time to take a chance on a variable-rate mortgage.

20.02 / 14:55

markets security President War reports International How Trump has flipped American foreign policy

Trump made headlines with his wild foreign policy moves such as by laying a claim to Panama Canal, planning to buy Greenland and offering Canada to become the 51st US state. However, with one wild jerk, he has flipped America's foreign policy: in less than 10 days, he has managed to completely sideline friends Europe and Ukraine to embrace foe Russia.

20.02 / 12:57

COST Provident Target Racing economy Align Trade Carney vows to cap public service, rein in government spending

Mark Carney promised to cap the size of the Canadian public service and undertake a program spending review if he becomes prime minister, but did not provide details of how much he would reduce government outlays overall.

20.02 / 12:57

UPS economy BAY Research Trade reports prevention Weaker Canadian dollar leaves 'thumbprints all over' inflation report, says Rosenberg

The “thumbprints” of a weaker Canadian dollar made their mark in January’s consumer price index (CPI) report, well-known Bay Street economist David Rosenberg said.

20.02 / 12:57

markets Provident FIVE President performer cover reports Economic decline due to tariffs weigh on Big 6 banks as they get set to report earnings

The economic uncertainty stemming from U.S. President Donald Trump’s proposed tariffs could compel Canada’s biggest banks to report provisions for credit losses that are higher than what analysts had previously expected when the lenders release their quarterly results next week.

20.02 / 12:43

Aviat CEO Action social hospital Investigations International How much are Delta passengers being paid as compensation after life threatening upside-down crash landing?

Delta Air Lines is offering each passenger a hefty compensation of $30,000, described as “no strings attached.”

20.02 / 06:21

markets Waves Manufacturing Election Trade Doge Trump 2.0: How to navigate global markets amid policy shifts

Subscribe to enjoy similar stories. With Donald Trump’s return to the White House, global markets are bracing for another wave of ‘America First’ policies. His renewed emphasis on domestic manufacturing and reduced reliance on outsourcing signals a continuation of his first-term agenda.

20.02 / 06:07

Google Entertainment Freedom show performer Podcasts Videos Amid Ranveer Allahbadia legal drama, video of 'India's Got Latent' host Samay Raina joking on 'having a bad time' goes viral

Samay Raina has become one of the most Googled names in India across the past week for the wrong reasons. The comedian-influencer who landed in legal trouble and faced a huge backlash when podcast host Ranveer Allahabadia made a rather crass joke about Indian parents on his show ‘India’s Got Latent’ appears unfazed by the controversy.

19.02 / 22:09

MET Fighting Trade reports Relationships International Ottawa recruits banks into fentanyl fight as U.S. applies pressure

The Canadian government has pulled the country’s banks into the fight against fentanyl, recruiting them to join a money-laundering intelligence group that aims to cut off the funds that support trafficking of the deadly drug.

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