Daily News

Source: Financialpost October 11, 2023

Why Canada should adopt the family as the basic taxing unit instead of the individual

Kim Moody: Doing so would result in a much fairer system and eliminate a lot of the complexity in the Income Tax Act Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission fro...

Source: Financialpost October 11, 2023

Posthaste: Forces are gathering against Canada's housing market

The latest headwind — rising mortgage rates We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Forces are gathering against Canada's h...

Economy Source: Financialpost October 11, 2023

Record number of Canadians sour on state of economy as financial woes spread: poll

Many of the highest income earners say they're hurting More Canadians have soured on the state of the economy as pressure builds from a growing set of financial challenges, according to the latest reading from an ongoing poll tracking household...

Source: Financialpost October 10, 2023

Beyond the 4% rule: Improving your safe retirement withdrawal strategies

The entire premise of holding a basket of assets and drawing from it blindly is a suboptimal approach Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases mad...

Source: Financialpost October 10, 2023

Hoping for a recession to decrease housing prices is like wishing for a flood to water your garden

Building more housing is a better way to improve housing affordability Housing sales data from the Toronto region suggests markets will likely favour buyers given the sudden increase in listings — some are even calling it a buyers’ market....

Source: Financialpost October 09, 2023

How interest rates will drive Canada's housing market in coming months

'The only thing that matters right now are interest rates' Lower interest rates might be the only thing that could revive Canada’s housing market as supply outpaces demand in the country’s largest real estate markets, experts say....

Source: Financialpost October 08, 2023

Only lower interest rates can revive Canada's housing market, experts say

Watch: Realtors John Pasalis and Steve Saretsky discuss the latest housing figures in Toronto and Vancouver Financial Post’s Larysa Harapyn talks to John Pasalis, president, Realosophy Realty and to Steve Saretsky, Vancouver realtor, Oakwyn Rea...

Source: Financialpost October 08, 2023

Brookfield Property risks being cut to junk on 'substantial' amounts of maturing debt

Squeezed by higher interest rates and lower property values S&P Global Ratings said it is considering cutting Brookfield Property Partners to junk status because the commercial property company has “substantial” amounts of maturing debt to refi...

Source: BNN Bloomberg October 07, 2023

What the global bond sell-off means for Canadians

The global sell-off in bonds is a sign of acceptance that higher interest rates will be around for longer, experts say, noting that the shift holds implications for borrowing rates and mortgage holders. Here’s what Canadians should know: WHAT IS HAPPENI...

Market Call Source: BNN Bloomberg October 07, 2023

Ryan Bushell's Top Picks: October 6, 2023

Ryan Bushell, president and portfolio manager, Newhaven Asset Management FOCUS: Canadian dividend stocks  MARKET OUTLOOK: As we expected, things turned sour for financial markets as September arrived. No market has been hurt worse than long-term go...