Daily News

Source: Financialpost August 10, 2024

CRA wins in court as woman fails to justify RRSP overcontribution

Ordered to pay penalty and tax agency's costsReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. No one likes paying tax on investment in...

Source: Financialpost August 09, 2024

Trudeau's temporary resident cap could hurt the economy, business groups warn

A surge in temporary residents pushed Canada’s population growth rate to 3.2%, one of the world’s fastestCanada’s independent business advocate says Prime Minister Justin Trudeau’s plan to reduce temporary immigration risks dire economic consequences, unders...

Source: Financialpost August 09, 2024

Air Canada blames Paris Olympics for hurting sales this summer

Canada's biggest airline reports 47% profit drop, stung by softening demand in key marketsAir Canada reported a 47 per cent decline in quarterly profit, stung by softening demand in key markets including France, which some travellers are avoiding this summer...

Source: Financialpost August 09, 2024

Restaurant Brands International beats analysts’ expectations, thanks to Tim Hortons

Consumers around the world are pulling back from dining out as they cope with elevated pricesRestaurant Brands International Inc. released its second quarter earnings Thursday, beating analysts’ expectations thanks to the strong performance of its Tim Horton...

News Source: Financialpost August 09, 2024

Posthaste: Canada is in the grips of a 'Me-cession' — and it's especially bad in Alberta

The economy has managed to dodge a recession, so why are we behaving like we're in one? We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada is in the grips of a '...

Source: Bankofcanada August 08, 2024

Bank of Canada engages experts to assess internal review of exceptional policy actions during pandemic

The Bank of Canada announced today the names of three external experts who will provide an independent assessment of its review of exceptional policy actions taken d...

Source: Financialpost August 08, 2024

Britain to announce plans to create 'Canadian-style' pension model

Chancellor in Toronto today to meet bosses of Canada's big pension plansChancellor Rachel Reeves will meet bosses of big pension schemes in Toronto on Wednesday, as she seeks to create a “Canadian-style” model in the United Kingdom with massive retirement fu...

Source: Financialpost August 08, 2024

Working from home doesn't always mean working from ‘home,’ survey finds

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 Workday Workday 43% have worked from either a cot...

Source: Financialpost August 08, 2024

Matthew Lau: Liberals’ anti-Poilievre website highlights his policy strengths

A website meant to denigrate the Conservative leader's record in fact shows he supports better policies for Canada than they doThe Liberal Party, consistent with its tendency in government to waste taxpayers’ money on useless or preposterous initiatives, als...

Source: Financialpost August 08, 2024

Joe Oliver: Four critical endgames are looming that could change the world

U.S. election, Liberals' death throes, growing climate pushback and the Middle East crisis will transform our timesAround the world, endgames are looming in four high-stakes political, environmental and military disputes. The results will resonate well beyon...