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 Take account of your accounts The three key factors you need to look at when examining your debt are… Continue reading 4 strategies to beat Blue Monday, and get your finances back to black
Tsunami of small business owners planning to exit, putting $2 trillion on the line
Three in four small business owners plan to exit their companies in the next decade Seventy-six per cent of owners plan to exit their businesses within 10 years, CFIB says. Photo by Lyle Aspinall/Postmedia Network More than three-quarters of small- and medium-sized business owners plan to exit their companies in the next decade, adding urgency… Continue reading Tsunami of small business owners planning to exit, putting $2 trillion on the line
Amazon, Salesforce job cuts are warning signs for stock prices
‘It can’t be good circumstances if you’re getting rid of 10,000 people’ Author of the article: Bloomberg News Ryan Vlastelica Published Jan 10, 2023 • 3 minute read Join the conversation An Amazon.com Inc. delivery worker pulls a delivery cart full of packages in New York City, U.S. Photo by Brendan McDermid/Reuters/File Photo Tens of… Continue reading Amazon, Salesforce job cuts are warning signs for stock prices
Warren Buffett once counted World Book among his best businesses. Here’s why the publisher became his ‘most difficult problem.’
World Book, once one of Warren Buffett’s favorite businesses, became his “most difficult problem.” The encyclopedia maker, which Buffett bought in 1986, was disrupted by online learning tools. “It is not the business it was five years ago,” Buffett told investors in 1996. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Warren Buffett once counted World Book among his best businesses. Here’s why the publisher became his ‘most difficult problem.’
Why Scotiabank’s chief economist thinks the Bank of Canada won’t bring inflation back to 2%
‘There has been a loss of credibility’ Published Jan 14, 2023 • Last updated 14 hours ago • 3 minute read 7 Comments Bank of Nova Scotia chief economist Jean-François Perrault. Photo by Peter J Thompson/National Post files Bank of Nova Scotia chief economist Jean-François Perrault doesn’t believe Bank of Canada governor Tiff Macklem when he… Continue reading Why Scotiabank’s chief economist thinks the Bank of Canada won’t bring inflation back to 2%
Mortgage stress test, bank’s new chief and price peak: The week’s top 7 stories
Watch: Financial Post reporter Stephanie Hughes counts down the stories that made headlines this week U.S. President Joe Biden, President of Mexico Andres Manuel Lopez Obrador and Prime Minister of Canada Justin Trudeau hug each other during a message for the media as part of the 2023 North American Leaders Summit at Palacio Nacional on… Continue reading Mortgage stress test, bank’s new chief and price peak: The week’s top 7 stories
‘The declines already happened’: Why Royal LePage thinks home prices will flatten out in 2023
Canadians can expect to see progressively slower price declines as the year goes on A ‘for sale’ sign is displayed outside a home in Toronto. Photo by Carlos Osorio/Reuters files Canadian home prices posted their first year-over-year price decline since the the global financial crisis in 2022, and while the slump may continue to start… Continue reading ‘The declines already happened’: Why Royal LePage thinks home prices will flatten out in 2023
Banking watchdog seeks public input on beefing up stress tests for homebuyers as risks rise
OSFI looking at range of extra measures to mitigate rising lending risks Mortgage lending risks are rising as rising interest rates make payments more onerous for households already struggling with heavy debt loads. Photo by Tyler Anderson/National Post Canada’s top bank regulator is seeking public input on whether it should beef up “stress tests” imposed… Continue reading Banking watchdog seeks public input on beefing up stress tests for homebuyers as risks rise
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