Canada Financial News

Natalya Neidhart wrote on X, formerly known as Twitter.The first pic is of Sweet Daddy Siki as the North American heavyweight champion working for my grandfather in 1970. The other shots are from more work he did for my grandfather Stu’s promotion, Stampede Wrestling.

WestJet has denied compensation to a devout Taylor Swift fan whose cancelled flight triggered a 10-hour drive through the night from Prince George to make the singer’s shows in Vancouver last month.Carol Hansson says she and other Swifties on the flight incurred hundreds of dollars in costs after the cancellation less than 24 hours before Swift took the stage for the first of three concerts at BC Place.She says the Calgary-based airline told her the cancellation was due to “unplanned aircraft maintenance” and was required for safety purposes.WestJet confirms that in a written response and says Hansson is therefore not eligible for compensation under Canada’s Air Passenger Protection Regulations.The regulations say that in situations “within airline control but required for safety purposes,” airlines have obligations for a passenger’s treatment and completion of their itinerary — but not compensation.Hansson says WestJet delayed the evening flight from Prince George for about five hours, before cancelling the Dec. 5 service.Airlines are also obliged under the regulations to offer alternate travel in the same class of service for disruptions beyond three hours, but Hansson says she was offered a Dec.

Prime Minister Justin Trudeau is back in Ottawa but he returns to more calls not only from his MPs to step down, but at least two riding association presidents as well.

Nick Khan’s prediction becomes a reality on Monday night

A sleeper election issue is our sinking dollar, which fell this past year by nine per cent against the U.S. dollar, reaching its lowest level since April 2003. It nowtakes $1.44 in Canadian dollars to buy one U.S. dollar. Flipping it over, $1 Canadian dollar costs just 69.4 U.S. cents.

In many ways, Canada’s 2025 mortgage outlook is as clear as an octopus playing charades. So much depends on unknown policies from new governments — on both sides of the border — that could quickly reshuffle the deck for Canadian mortgage rates and real estate. We’ll know more later this quarter, but for now, there’s enough clarity on certain points to make some not-so-daring predictions. With that, here are five forecasts for mortgages and housing in 2025.

Dry January and amid growing interest in the “sober curious” movement, researchers at the University of Victoria have unveiled a new tool to gauge the health impacts of alcohol.The new Know Alcohol calculator was developed by researchers at UVic’s Canadian Institute for Substance Use Research (CISUR).The tool allows people to calculate personalized estimates of the potential health risks from their own alcohol consumption, along with the possible benefits of drinking less.The calculator is built on the health science used to generate Canada’s Guidance on Alcohol and Health, and asks individuals to enter their age, sex and an estimate of how much they drink in a week.“When Canada’s Guidance on Alcohol and Health was released two years ago, it started the first national conversation on alcohol consumption,” said Dr. Tim Naimi, director of CISUR.“We wanted to take it a step further and make a tool that showed people personalized results so they could make evidence-informed decisions about their drinking habits.”Using the personalized inputs, the tool returns a variety of data, including the increased risk of diseases such as cancer, cardiovascular disease, diabetes and injury.It also generates estimates such as the risk of dying early from alcohol, the average amount of lifetime lost per drink, and a health risk comparison to cigarettes.Naimi said the researchers didn’t just rely on mathematical models to craft the tool.

Aeromexico is the most on-time airline in the world, according to a data company that compiled figures for 2024

Opponents of a huge lithium mine under construction in Nevada want U.S. officials to investigate whether the project already has caused a drop in groundwater levels that could lead to extinction of a tiny snail

Federal tax policy was not kind to Canadians in 2024. That shouldn’t be a surprise: it wasn’t kind to Canadians in 2023 or 2022, either, or in any year since 2016, when the Trudeau government established a new income tax bracket of 33 per cent, with the result that today, the combined federal and provincial top tax rate is over 50 per cent in every province except Alberta (48.0 per cent) and Saskatchewan (47.5 per cent).

Following the high-profile successes of the crypto industry in last year’s United States elections, digital-asset companies in Canada are already applying what they’ve learned.

The holiday period is over and Canadian politics is gripped by a single question: when will the country hear from Justin Trudeau?

The news that United States president-elect Donald Trump could slap a 25 per cent tariff on Canadian goods upon taking office in January sent a jolt of alarm through the entire Canadian economy, but the alarm in the oilpatch has only deepened as Ottawa and the provincial governments threaten to target energy exports in retaliation.

The first benefits of the new year will go out Friday, with eligible Canadians receiving goods and services tax (GST) or harmonized sales tax (HST) credits from the federal government.

Canada’s 100 highest-paid CEOs earned $13.2 million on average in 2023 from salaries, bonuses and other compensation, according to the Canadian Centre for Policy Alternatives.

Subscribe to enjoy similar stories. SINGAPORE—During Donald Trump’s first term, U.S. companies argued that a trade war with China was bad for Americans.

US President- elect Donald Trump will actually face upon his return to office in the year 2025, reported Fortune.

As Canadians ring in the new year with cost of living top of mind, many would likely want to get ahead on their finances for 2025.