Daily News

Source: Financialpost July 06, 2023

RRIF withdrawal rules for retirees need to be updated

Retirees should beware of using the RRIF conversion age or the minimum withdrawal schedule as a guideline Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases...

Source: Financialpost July 06, 2023

Strike at B.C. ports remains hinged on 'one sentence,' union says

Alberta minister calls on Ottawa to end labour dispute Get the latest from Naimul Karim straight to your inbox Sign Up The key issue that’s prolonging a workers’ strike at the ports of British Columbia is linked to a document that det...

Source: Financialpost July 06, 2023

Ontario urged to act as housing crisis spreads from cities to communities across province

High housing costs are limiting buying power and spurring migration out of province, says business group Ontario needs to incentivize the development and preservation of a range of affordable housing options as high housing costs limit buying p...

Source: Financialpost July 06, 2023

CRA, ex-wife get paid before man's creditor after matrimonial home is sold

Laurie Pawlitza: The ownership of a property changes when a joint tenancy is severed Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links o...

Source: BNN Bloomberg July 05, 2023

Real estate leads European stock gains; oil rises

European real estate shares headed for their biggest three-day advance since March, while oil climbed as traders weighed supply cuts. Global stock market trading was light on Tuesday, with US exchanges closed for the Independence Day holiday. Europe’s Stox...

Market Call Source: BNN Bloomberg July 05, 2023

Jordan Zinberg's Top Picks: July 4, 2023

Jordan Zinberg, president and chief executive officer, Bedford Park Capital FOCUS: Canadian small and mid-cap stocks  MARKET OUTLOOK: During the first half of 2023, North American markets have exhibited some notable trends in performance based on b...

Source: BNN Bloomberg July 05, 2023

TSX recap: Index finishes 0.25% higher amid gains in energy stocks

Gains in energy and battery metals helped lift Canada's main stock index higher Tuesday as the price of oil also rose above US$70 a barrel. The S&P/TSX Composite Index was up 49.58 points, or 0.25 per cent, at 20,204.87. U.S. stock markets were closed f...

Source: Financialpost July 05, 2023

Calgary real estate sets another sales record as tight conditions persist

Low inventory levels remain a problem The Calgary real estate market set another record for sales in June and benchmark prices ticked up for the sixth consecutive month as persistently low inventory levels kept conditions tight by historical st...

Source: Financialpost July 05, 2023

B.C. ports strike could inflict damage that takes months to correct, warns Canada's biggest railway

Labour disruption now in its fourth day could hike costs for shipping and consumers Get the latest from Naimul Karim straight to your inbox Sign Up Canada’s largest railway company says the ongoing workers’ strike at ports in British...

Source: Financialpost July 05, 2023

Posthaste: Why the case for a Bank of Canada hike may be less compelling than we think

But even if the central bank holds, don't look for rate cuts until 2024 We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Why the cas...