Posthaste: Snowbirds have flown south again, but they’re not sure how much longer they can afford it

They’re worried rising costs will impact their ability to live abroad in future An umbrella on a beach in Hollywood, Florida. Photo by Joe Raedle/Getty Images Canadian snowbirds have resumed their travels to hot and sunny locales, but they’re worried they may not be able to afford such a lifestyle for much longer. Advertisement 2… Continue reading Posthaste: Snowbirds have flown south again, but they’re not sure how much longer they can afford it

Half of Canadians who invest in TFSAs are doing it wrong — here’s what you should be doing

Watch Kelley Keehn on how tax free savings accounts are not being used to their full potential Kelley Keehn, founder of Money Wise Workplaces, explains how to make the most of your RRSP and TFSA investments. Photo by Getty Images Kelley Keehn, founder of Money Wise Workplaces, talks with Financial Post’s Larysa Harapyn about getting… Continue reading Half of Canadians who invest in TFSAs are doing it wrong — here’s what you should be doing

Mark Carney says a recession is coming, but interest rates won’t come down anytime soon

Central banks unlikely to cut rates this year, former Bank of Canada governor says Former Bank of Canada governor Mark Carney. Photo by Brendan Smialowski/AFP via Getty Images Mark Carney, the former Bank of Canada governor, said interest rates are unlikely to come down this year, countering Bay Street expectations that Canada’s central bank will… Continue reading Mark Carney says a recession is coming, but interest rates won’t come down anytime soon

Trafigura faces $577 million hit after shipments of nickel it bought did not contain the metal

Metals trading has been stung by fraud in recent years — everything from fake warehouse receipts to painted rocks Author of the article: Financial Times Harry Dempsey and David Sheppard Published Feb 09, 2023  •  3 minute read Join the conversation Nickel is the most highly valued base metal at US$29,000 per tonne compared with… Continue reading Trafigura faces $577 million hit after shipments of nickel it bought did not contain the metal

How concerns over the housing market factored into the Bank of Canada’s latest rate decision

Here are the key takeaways from inaugural summary revealing policymakers’ thinking Real estate signs in Winnipeg. Photo by Kevin King/Winnipeg Sun/Postmedia Network The Bank of Canada for the first time this week released a summary of Governing Council discussions that precede an interest rate decision, giving Canadians a glimpse of the process and a deeper… Continue reading How concerns over the housing market factored into the Bank of Canada’s latest rate decision

Posthaste: Single Canadians, don’t despair — here are 5 cities where you can afford your own home

Think the Prairies and Atlantic Canada Published Feb 09, 2023  •  Last updated 2 days ago  •  4 minute read 14 Comments Crews working on shingling a multi-unit housing complex in Regina, Saskatchewan. Photo by TROY FLEECE/Regina Leader-Post files Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a… Continue reading Posthaste: Single Canadians, don’t despair — here are 5 cities where you can afford your own home

Kevin Carmichael: Canada’s ‘blowout’ jobs report raises questions about the path of interest rates

Risk that the Bank of Canada will have to reverse course and resume raising rates just went up Published Feb 10, 2023  •  4 minute read 7 Comments Statistics Canada reported Feb. 10 that employers added 150,000 workers in January, a big number by Canadian standards. Photo by Chris Procaylo/Postmedia Canadian employment reports don’t get… Continue reading Kevin Carmichael: Canada’s ‘blowout’ jobs report raises questions about the path of interest rates

Canada job gains surge by 150,000, crushing expectations again

The unemployment rate held steady at five per cent Canada’s economy added 150,000 jobs in January. Photo by Postmedia OTTAWA — The Canadian economy added 150,000 jobs in January while the unemployment rate held steady at five per cent. Advertisement 2 This advertisement has not loaded yet, but your article continues below. REGISTER TO UNLOCK… Continue reading Canada job gains surge by 150,000, crushing expectations again