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Source: Financialpost November 08, 2024

CRA denies Ontario taxpayer’s RRSP deduction due to pension adjustment

Jamie Golombek: One-year lag in pension adjustment calculations can cause confusion for taxpayers and lead to RRSP contribution errorsReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission...

Source: Financialpost November 08, 2024

Posthaste: Why the Bank of Canada may have to cut rates deeper than its global peers

Interest rates may hit bottom at 2%, says analysis 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 Bank of Canada may have to cut rates deeper than its globa...

Source: Financialpost November 07, 2024

B.C. couple, both 49, wonder if retiring at 60 is possible

Spoiler alert: it isn'tReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. George has a full-time position in the public sector, a privat...

Source: Financialpost November 07, 2024

‘We have a plan’ for Trump's second presidency, Chrystia Freeland says

Deputy prime minister says federal government is prepared to defend Canada's national economic interestDeputy Prime Minister Chrystia Freeland says the federal government has a plan and is prepared to defend Canada’s national economic interest after Donald T...

Source: Financialpost November 07, 2024

Stocks soar as Donald Trump's win unleashes 'power trade on steroids'

Coverage of the impact of Trump's election victory on markets and the Canadian economyDonald Trump has unleashed a risk-on frenzy after clinching the United States election victory early Wednesday. We apologize, but this video has failed to load. Try ref...

Source: Financialpost November 07, 2024

Bank of Canada's Carolyn Rogers warns against ‘tinkering’ with mortgage market

Deputy governor says over-reliance on such measures could have long-term negative impactsBank of Canada deputy governor Carolyn Rogers is cautioning policymakers against “tinkering” with the mortgage market in an effort to improve housing affordability, warn...

Source: Financialpost November 07, 2024

Here are the Canadian banks that could benefit from Trump's victory

Promise to lower taxes for corporations, enforce fewer regulations could rub off on biggest lenders Get the latest from Naimul Karim straight to your inbox Sign Up The rise in share prices among banks in the United States on hopes that incoming presid...

Source: Financialpost November 06, 2024

'Shutting ourselves down at our own expense': Oilpatch executives slam Ottawa's emissions cap

Warns Ottawa's proposed regulations will cut production Get the latest from Meghan Potkins straight to your inbox Sign Up Ottawa’s draft regulations for an oil and gas emissions cap have landed with a thud in the Canadian oilpatch, where the resoundin...

Source: Financialpost November 06, 2024

David Rosenberg: Tighter immigration targets could tip Bank of Canada rate below 2%

Target undershoot and even outright deflation now a meaningful risk for the central bankBy David Rosenberg and Dylan Smith We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Davi...

Source: Financialpost November 06, 2024

Bank of Canada worried jumbo rate cut would signal 'economic trouble,' deliberations show

Feared it could lead to expectations of further moves of the same sizeBank of Canada governing council members expressed concern that a 50-basis-point cut in October would signal “economic trouble” and worried it would lead to expectations of further moves o...