Canada Financial News

01.01 / 09:05
markets COST UPS Citi FIVE wellness President Will it be easier or harder for Canadians to buy a home in 2025?
It’s been a rough few years for Canadians looking to break into home ownership as unaffordability issues persist across the country.
01.01 / 06:51
Provident Nov Virus hospital medicines infection symptoms B.C. teen no longer critical with avian flu, has been taken off oxygen
New England Journal of Medicine on Tuesday, signed by multiple doctors from the B.C. Centre for Disease Control, BC Children’s Hospital and Public Health Agency of Canada.Prior to the publication of the letter, B.C.’s Ministry of Health had refused to provide updates on the teen’s status or their case “unless there is a need from a public health perspective to do so.”According to the case summary, the patient was a 13-year-old girl with a history of mild asthma and an elevated body mass index (BMI) who showed up at a B.C.
01.01 / 00:59
Action economy Sustainability Experts country consequences International A triple fiscal crisis is jeopardizing climate action
Subscribe to enjoy similar stories. A recent report by the Independent Expert Group on Debt, Nature, and Climate reveals that many of the world’s 144 developing economies are on an unsustainable fiscal trajectory. On average, these countries spend 41.5% of their budget revenues—or 8.4% of GDP—on debt service, severely limiting their scope for public investments in education, health care, infrastructure, and innovation, which are essential for economic growth.
31.12 / 17:17
markets Citizens Research country prevention International We are living in the age of bullies
Vladimir Putin, Xi Jinping and Donald Trump, not to mention others, are 2025 poster-boys of running roughshod. To be fair, strongman-ism is in fashion.
31.12 / 08:41
markets COST UPS FIVE Manufacturing performer country US tariffs Five Indian stocks that could take a massive hit from potential US tariffs
Subscribe to enjoy similar stories. US President-elect Donald Trump has always called India the “tariff king". According to him, India has always levied high taxes on imports.
31.12 / 06:49
Man DNA community Universities Investigations Vancouver man charged with murder in 1996 Ottawa cold case killing
A Vancouver man has been charged with second-degree murder in a decades-old Ottawa cold case police say they cracked using cutting-edge DNA technology.
30.12 / 22:47
markets UPS FIVE economy wellness reports Scandals A by-the-numbers look back at Canadian finance in 2024
TORONTO — The big questions in Canadian finance heading into 2024 were whether the economy could avoid a recession and what would happen with interest rates.
30.12 / 22:47
markets COST UPS FIVE Experts reports Housing market poised for 2025 comeback as lower rates unleash pent-up demand
As the calendar flipped one year ago, Canadian real estate watchers were optimistic a sluggish 2023 would give way to a rebound, with hopes of renewed demand as soon as the spring.
30.12 / 22:47
markets UPS Assurant security Trade Patterson Australian uranium company given go-ahead to absorb Canadian counterpart
A major acquisition in Canada’s uranium sector is going forward after getting approval from the federal government.
30.12 / 13:59
markets Provident Digital Platform wellness innovations rights Equitable Bank CEO cautiously optimistic as interest rates and immigration levels drop
It was a year of many firsts for Equitable Bank (EQB), Canada’s seventh-largest lender in terms of assets: it was the bank’s most profitable year on record, with annual revenue surpassing $1 billion for the first time, and it tapped celebrities, sitcom Schitt’s Creek actors Dan and Eugene Levy, for the first time to promote its services.
30.12 / 13:59
markets UPS NXP wellness Trade innovations Pharmaceuticals 10 stocks to watch in 2025
With a Goldilocks economy and a bull market charging into a second year, 2024 shaped up to be a good year for investors.
30.12 / 13:59
markets Target economy wellness Trade shock Trump tariff threat looms over interest rate path in 2025
Most economists a month ago likely would have told you that Canadian interest rates would steadily decline during the first half of 2025 before stabilizing in the third quarter.
29.12 / 14:21
markets Booking Avid Boxing community country Traffic A New Chapter: Bookworms crawl back to Canada’s independent bookstores
Independent bookstores are enjoying a new chapter across the country as the market shifts from big box bookstores back to quaint and niche neighbourhood shops.
29.12 / 07:23
markets Digital Airlines Strategy PAM reports evacuation Air Canada plane catches fire during landing, shuts down Halifax Airport temporarily
Halifax Stanfield International Airport with a broken landing gear. The aircraft, operating as Flight AC2259 and run by PAL Airlines, was arriving from St. John's when it experienced a significant malfunction during landing. The plane skidded along the runway and caught fire shortly after touching down.
28.12 / 13:47
MET security wellness Trade information Videos Relationships Canadian Cabinet ministers meet with Trump's nominee for commerce secretary in bid to avoid tariffs
Two top Canadian Cabinet ministers have met with President-elect Donald Trump’s nominee for commerce secretary at Mar-a-Lago as Canada tries to avoid sweeping tariffs when Trump takes office
28.12 / 06:05
UPS Refugees country cricket Sporting The incredible story of Afghanistan's exiled women’s cricket team
Subscribe to enjoy similar stories. It was a warm night in Kabul. Just days earlier, on August 15th 2021, the Taliban had seized control of the Afghan capital, and with it, the country.
28.12 / 01:45
markets MET wellness Trade social Videos Canadian Cabinet ministers meet with Trump's nominee for commerce secretary in bid to avoid tariffs
Canadian Cabinet ministers met with President-elect Donald Trump's nominee for commerce secretary at Mar-a-Lago on Friday as Canada tries to avoid sweeping tariffs when Trump takes office.
27.12 / 19:57
markets Strategy country reports shock Investigations China’s secret plan: Xi Jinping planned to send weapons to Libyan warlord Khalifa Haftar disguised as Covid aid using web of shell companies
China reportedly and allegedly planned to send $1 billion worth of armed drones to the country Libya using a UK based Shell Company to evade a United Nations arms embargo, reported The Telegraph.
27.12 / 18:55
Target security students country travelers Colleges Investigations India alleges international students being trafficked through Canada to U.S.
Indian law enforcement agencies say they are investigating alleged links between dozens of colleges in Canada and two “entities” in Mumbai accused of illegally ferrying students across the Canada-United States border.A news release Tuesday from India’s Enforcement Directorate — a multi-disciplinary organization that investigates money laundering and foreign exchange laws — said a multi-city search has revealed “incriminating” evidence of “human trafficking.”The allegations have not been tested in court. The federal government, the RCMP, and Indian high commission in Ottawa, and multiple Canadian college officials did not immediately respond to requests for comment.The U.S.
27.12 / 17:17
markets COST UPS Aware CRA Harmonic testing FP Answers: Will I pay capital gains or HST if I rebuild my principal residence then sell it?
Q. If I tear down and then rebuild my principal residence of 32 years and sell it without moving in, will I have to pay any capital gains tax or Harmonized Sales Tax (HST)? Is there anything else I should be aware of so I don’t get in the crosshairs of the Canada Revenue Agency (CRA)?
27.12 / 17:17
markets economy Remark Dreams Trade Department Schools Pierre Poilievre — take note of Liz Truss's ensnarement: How FP columnists saw it in 2024
During their debate Joe Biden and Donald Trump engaged in silly finger-wagging about who had expanded the deficit most. But neither had any sort of plan to deal with mounting deficits and mountainous debt. Consolidated government gross debt has reached 123 per cent of U.S. GDP, heading for 134 per cent in 2030. With rising interest rates, Democrats’ devotion to more spending and Republicans’ to tax cuts means the debt can only rise, and with it the likelihood of financial stress. That incumbent governments are floundering should surprise no one. This week it’s happening in the U.K. and France. This fall and next year it may happen in the U.S. and Canada. You mess up economically and voters punish you. To paraphrase Bill Clinton: “It’s almost always the economy, stupid.” —

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