Jamie Golombek: CRA is challenging perceived real estate ‘flips’ through the court system, with mixed results Publishing date: Nov 24, 2022 • 8 hours ago • 5 minute read 37 Comments New anti-flipping rules for residential real estate are scheduled to come into force on Jan. 1, 2023. ASHLEY FRASER, POSTMEDIA Photo by Ashley Fraser/Postmedia Canada’s… Continue reading The CRA is already challenging real estate transactions ahead of new anti-flipping rules
Tiff Macklem acknowledges the Bank of Canada is losing money for first time
But that won’t impact monetary policy decisions, says governor Publishing date: Nov 24, 2022 • 11 hours ago • 3 minute read 93 Comments Bank of Canada governor Tiff Macklem updated the House finance committee on the central bank’s balance sheet Wednesday. Photo by Sean Kilpatrick /THE CANADIAN PRESS Bank of Canada governor Tiff Macklem acknowledged… Continue reading Tiff Macklem acknowledges the Bank of Canada is losing money for first time
Bank of Canada says higher interest rates still needed to tame inflation
‘We are getting closer, but we are not there yet’ Author of the article: Reuters Steve Scherer and Ismail Shakil Publishing date: Nov 23, 2022 • 1 day ago • 2 minute read Join the conversation Bank of Canada Governor Tiff Macklem taking part in a news conference in Ottawa. Photo by Blair Gable/Reuters/File Photo OTTAWA… Continue reading Bank of Canada says higher interest rates still needed to tame inflation
Why lettuce is suddenly so unbelievably expensive
Episode 177 of Down to Business podcast Publishing date: Nov 23, 2022 • 1 day ago • 1 minute read 6 Comments The cost of lettuce has skyrocketed so high some restaurants have stopped offering it on their menus. Photo by Justin Sullivan/Getty Images If for nearly two years, every major economic trend could be traced… Continue reading Why lettuce is suddenly so unbelievably expensive
Why handing out cash to help people manage inflation only makes it worse
Having extra money means people will continue spending, keeping demand for products and services high, fuelling inflation Author of the article: The Canadian Press Tara Deschamps Publishing date: Nov 23, 2022 • 6 hours ago • 3 minute read 8 Comments Alberta Premier Danielle Smith. Photo by Jim Wells/Postmedia Provinces peppering the public with cash to… Continue reading Why handing out cash to help people manage inflation only makes it worse
Peter Hall: Why inflation is not really the problem
Central banks might soon master inflation, but at what cost? Publishing date: Nov 23, 2022 • 6 hours ago • 5 minute read 9 Comments The Bank of Canada in Ottawa. Photo by Justin Tang/Bloomberg Most readers are already offended, having read the title. Let me explain. Advertisement 2 This advertisement has not loaded yet, but… Continue reading Peter Hall: Why inflation is not really the problem
Robert Kiyosaki says hot inflation will ‘wipe out 50 per cent of the US population’ — what he means and how to protect yourself
With price levels continuing to spike, the Fed is no longer using the word ‘transitory’ to describe inflation. U.S. consumer prices jumped 8.6% in May from a year ago, marking the fastest increase since December 1981. That could give the Fed more reason to continue raising interest rates — something that’s already casting a giant… Continue reading Robert Kiyosaki says hot inflation will ‘wipe out 50 per cent of the US population’ — what he means and how to protect yourself
Tesla stock a bargain as it nears Morgan Stanley bear case
Tesla has lost nearly US$300 billion in market value in two months Author of the article: Publishing date: Nov 23, 2022 • 9 hours ago • 2 minute read Join the conversation The majority of Tesla analysts tracked by Bloomberg rate the stock a buy or equivalent. Photo by Tyrone Siu/Reuters files After losing nearly US$300… Continue reading Tesla stock a bargain as it nears Morgan Stanley bear case
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