Signs of resilience bolster the case for the Bank of Canada to increase interest rates again Author of the article: Bloomberg News Randy Thanthong-Knight Published Dec 23, 2022 • Last updated 3 hours ago • 2 minute read 17 Comments Shoppers in Toronto’s Eaton Centre in October. The economy is on track to expand at an… Continue reading Canada’s economy is holding up better than expected — and that’s not all good news
Hiring for holiday season ‘chaotic’ as applicants ghost retailers in tight labour market
‘One day I had six interviews. Nobody came’ The retail sector has been particularly hard hit by labour shortages in the aftermath of the pandemic. Photo by Spencer Platt/Getty Images Hiring retail sales associates for this year’s holiday shopping season hasn’t been easy for Ana Gamboa. In fact, the associate manager at a Montreal store… Continue reading Hiring for holiday season ‘chaotic’ as applicants ghost retailers in tight labour market
The pros and cons of investing in commercial real estate
Investing in commercial real estate can be an effective way to mitigate a rising interest rate environment Condo and office towers fill the downtown skyline in Vancouver. Photo by Darryl Dyck/The Canadian Press files Diversification is a key strategy for all investment portfolios, but it’s especially important for larger portfolios since the bigger a portfolio… Continue reading The pros and cons of investing in commercial real estate
Markets are freaking out over America’s robust GDP reading
Author of the article: National Post Wire Services Published Dec 22, 2022 • 2 minute read Join the conversation Fresh U.S. data on Thursday pointed to a resilient economy, driving concern that the U.S. Federal Reserve has a longer way to redress price growth. Photo by REUTERS/Andrew Kelly/File Photo Wall Street’s major averages closed sharply… Continue reading Markets are freaking out over America’s robust GDP reading
More condo investors are hitting the sell button
This advertisement has not loaded yet, but your article continues below. Watch: Steve Saretsky, a Vancouver realtor, talks about the outlook for the real estate market in 2023 A pedestrian walks past condo buildings in Toronto. Photo by Carlos Osorio/Reuters Article content Steve Saretsky, a Vancouver realtor, talks to the Financial Post’s Larysa Harapyn about… Continue reading More condo investors are hitting the sell button
What you need to know about Canada’s latest inflation numbers
Watch: Here’s what November’s 6.8% inflation reading means for consumers and the Bank of Canada Food prices were up 11.4 per cent from a year ago in November. Photo by Peter J. Thompson/National Post The consumer price index increased 6.8 per cent from November 2021, down from year-over-year increases of 6.9 per cent in September… Continue reading What you need to know about Canada’s latest inflation numbers
‘Tis the season to be cautious: Tips for avoiding 4 common holiday scams
Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance Taxi scam During the holiday season, you’re no doubt busy and distracted. This combination makes you a better mark… Continue reading ‘Tis the season to be cautious: Tips for avoiding 4 common holiday scams
CRA tries to catch taxpayer who made an incorrect TFSA catch-up contribution
Jamie Golombek: The CRA refused to grant the taxpayer relief on penalties, but a judge said the taxman was in the wrong Published Dec 22, 2022 • Last updated 4 hours ago • 5 minute read 7 Comments The TFSA contribution limit will increase by $500 to reach $6,500 on Jan. 1, 2023. Photo by Brent… Continue reading CRA tries to catch taxpayer who made an incorrect TFSA catch-up contribution