Daily News

Source: Financialpost August 28, 2024

Canada's struggling Flair Airlines in talks to restructure balance sheet

Budget carrier beset by aircraft repossessions, back taxes and a financial backer accused of fraudCanada’s Flair Airlines Ltd. is in talks to raise funds that would help ease the debt burden at the budget carrier beset by aircraft repossessions, back taxes a...

Source: Financialpost August 28, 2024

Sticking up for the CRA is getting harder and harder as ‘bad’ experiences proliferate

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 BMO Global Asset Management BMO Global Asset Managem...

Source: Financialpost August 27, 2024

Posthaste: Poor productivity hits Canadians where it hurts — their paycheques

Problem is making is making Canadians poorer, says report We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Poor productivity hits Canadians where it hurts — their pay...

Source: Financialpost August 27, 2024

Canada can’t afford to sit out the trade war on our borders

Opinion: It might not be Canada’s preference to put tariffs on Chinese products, but we can’t afford to be naive or slow-footedIt doesn’t seem very long ago that much of the world was embracing the idea that freer trade would raise all boats. There was a sen...

Source: Financialpost August 27, 2024

Business wary as Trudeau set to restrict number of low-wage temporary foreign workers

Some industries still struggling to find employees, groups say Get the latest from Naimul Karim straight to your inbox Sign Up Business groups are raising concerns about Ottawa’s decision to restrict the number of temporary foreign workers coming to C...

Source: Financialpost August 27, 2024

Trudeau announces 100% tariff on Chinese EVs, signals more measures coming

Chinese EV producers called 'extraordinary threat' to Canada’s auto and metal workers Get the latest from Gabriel Friedman straight to your inbox Sign Up Canada will impose a 100 per cent surtax on nearly all Chinese-made electric vehicles, including...

Source: Financialpost August 27, 2024

Bank of Canada to cut interest rates deeper, faster over next year, economists say

Will fall to 3% by next July from current level of 4.5%Economists see the Bank of Canada cutting interest rates for a third consecutive meeting next week, continuing what’s anticipated to be a steady downward trend in borrowing costs over the next year as in...

Source: Financialpost August 26, 2024

Investors following the 'momo' may be missing out on a growing opportunity

Rate cuts in Canada and possibly in the U.S. are pushing smaller companies — often viewed as cyclical and riskier — out of a multi-year slumberBy David Barr We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see o...

Source: Financialpost August 26, 2024

Canada Frees Up Public Lands to Tackle Housing Shortage

Prime Minister Justin Trudeau’s government identified 56 federal properties, representing the size of about 2,000 hockey rinks, where hundreds of new affordable homes could be built to counter the scarcity of available land worsening a housing shortage.(Bloo...

Source: Financialpost August 25, 2024

The unseen force driving energy market valuations

Quicker supply response from policymakers or oil producers will be key in driving valuations higherWhile the spotlight in the market has moved away from oil as the near-term inflationary impact of the sector has subsided and global supply seems to be ample f...