Top Results For: canadian dollar

Financial analyst Michael Campbell looks at the warning from the Bank of Canada about the impact on homeowners of the sharp increase in mortgage rates. He also has a look at how we’re impacted by a low Canadian dollar.

Canadian household debt levels eased for a third straight quarter in Q4 according to Statistics Canada. In the last three months of 2023, households owed $1.79 in credit market debt for every dollar of disposable income. But a global rally in stocks and bonds boosted households net worth and offset a drag from reduced housing...

The first centre dedicated to showcasing Black culture and history from across the country will be built in Montreal. Politicians proudly announced the new multi-million dollar project on Thursday. As Global’s Phil Carpenter reports, the aim is build a much-needed hub for Afro-Canadian arts and history.

Donning scarlet scarves, around 50 people took part in the 14th annual Red Pashmina Walk on Saturday. The event was put on by the Peterborough chapter of Canadian Women for Women in Afghanistan. The organization raises money to help increase access to education for women and girls, which has become more difficult since the Taliban...

Donning scarlet scarves, around 50 people took part in the 14th annual Red Pashmina Walk in Peterborough on Saturday afternoon. The event was put on by the Peterborough chapter of Canadian Women for Women in Afghanistan. The organization raises money to help increase access to education for women and girls… Access to education has become...

After much controversy, years of delays, and being billions of dollars overbudget, oil is finally flowing through the Trans Mountain pipeline expansion. Heather Yoruex-West explains what Canadians are getting from the investment, and whether it can be enough to silence critics who question the pipeline’s profitability.

Canadians often take a look at the best before date on food items when grocery shopping to know how long items will last, but as food prices increase some may be ignoring those dates to help stretch their dollar. A new report from the Dalhousie Agri-Food Analytics Lab found 58 per cent of Canadians said...

Dozens of wildfires are raging from B.C. to Manitoba, with many communities under threat. The rising anxiety among evacuees, the new evacuation orders, the local states of emergency declared, and the hopes the weather could provide a much-needed reprieve. Correctional Service Canada (CSC) instructed staff to keep quiet over murderer Luka Magnotta’s August 2022 transfer...

Amazon Prime’s upcoming series, Luxe Listings Toronto, follows three Canadian real estate agents — Peter Torkan, Paige Torkan and Brett Starke — as they navigate the competitive and luxurious world of Toronto’s real estate market. The show offers an inside look at multi-million-dollar real estate listings in Toronto, with the cast discussing their experiences in...

The federal government has revealed many of its plans to help Canadians ahead of tabling its 2024 federal budget, especially over the housing costs. But much of its goals will cost tens of billions of dollars. David Akin looks at how Ottawa plans to pay it off, including higher taxes on the wealthiest Canadians.

Canadians in Ontario and Quebec are feeling the pain of sticker shock at the pumps, where gas prices reached a two-year high overnight with little explanation. A look at the frustration in Eastern Canada, and what may be driving the sudden spike. U.S. lawmakers will soon vote on whether to give billions of dollars in military...

The recent decision by the Canadian Revenue Agency (CRA) to retract bare trust reporting rules has resulted in relief for some Canadians. However, for others, the news comes as too little, too late, as they have already spent hundreds of dollars on tax preparation fees. Naomi Barghiel reports.

The first criminal trial against a former U.S. president is now underway, over Donald Trump’s alleged hush money payments to hide an affair with an adult film star before the 2016 presidential election. What unfolded in the first day of the historic trial, and how it will impact Trump’s 2024 election campaign. The Israeli war...

WARNING: Video contains graphic images which may not be suitable for all viewers. Discretion is advised. The conflict between Israel and Gaza has reached a six-month mark, with calls for a ceasefire growing louder. Meanwhile, Prime Minister Justin Trudeau has promised to spend billions of dollars on artificial intelligence research, skills training, and regulation, despite...

The Canadian federal budget’s tabling is just around the corner, and this week, the Liberal government has been making housing announcements right across the country — pledging billions of dollars that will be included in its economic plan to tackle the country’s housing crisis. But with the cost of rent continuing to rise and concerns...

It’s taken Manitoba women from Jan. 1, 2023 until April 4, 2024 to make the same income as their male colleagues did last year. Numbers from the Canadian Centre for Policy Alternatives show that, on average, women make $0.71 for every dollar a man makes.

Poverty is a growing problem in Manitoba, and is costing the province billions of dollars a year according to the Canadian Centre for Policy Alternatives. Iris Dyck reports.

On April 1, the federal alcohol excise tax went up by 2 per cent instead of the planned 4.7 per cent, after the alcohol industry lobbied the government to scrap the planned increase. But as Carolyn Kury de Castillo reports, a new study shows that alcohol use is costing Canadians far more than what the...

Four Ontario school boards have launched lawsuits against Meta, TikTok, and Snapchat over allegations their platforms are negligently designed for compulsive use, and have rewired the way children think, behave, and learn. How much money the school boards are seeking; how many hours a day kids and teens are logged onto social media; and how...

Asked how the Conservative party would meet Canada’s two per cent NATO target during a press conference in Mississauga, Ont., on Sunday, Pierre Poilievre said that, if in charge, they would “cut back office bureaucracy, botched procurements and foreign aid to dictators [and] terrorists,” while spending those dollars instead on the nation’s military.