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Source: Financialpost November 06, 2024

Capital gains inclusion rate hike remains up in the air, but you still have to prepare for it

Kim Moody: There is a chance the new rules won't be passed into law, but it's smallReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Mo...

Source: Financialpost November 05, 2024

Baby boomers and gen X are taking on more mortgage debt

Rising number of home owners are turning to reverse mortgages, and among those, more are doing so to help their children with a down paymentIn a surprising turn of events, Statistics Canada data showed older households took on more mortgage debt in the secon...

Source: Financialpost November 05, 2024

Palantir Reports Record Profit, Cites 'Unwavering' AI Demand

Palantir Technologies Inc. reported quarterly revenue that beat analysts’ estimates and raised its forecast for operating income in the current period, citing high demand in the US for its artificial intelligence software.(Bloomberg) — Palantir Technologies...

Source: Financialpost November 05, 2024

BCE shares fall to 11-year low on moves to buy U.S. internet provider, pause dividend hikes

Telco is funding $5 billion deal for Ziply Fiber with proceeds from sale of its MLSE stakeBCE Inc. agreed to buy an internet provider in the Pacific Northwest, making a surprising push into the U.S. market in pursuit of faster growth. The shares tumbled to a...

Source: Financialpost November 05, 2024

'Gutless executives': Canada's CEOs are jolted by Trudeau's surging rival

Pierre Poilievre is courting working-class voters with an anti-elite message, while seemingly changing the Conservatives' relationship with businessReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affili...

Source: Financialpost November 05, 2024

Bank of Canada neutral rate could be 2.75%, survey finds

Was taken before central bank implemented its jumbo cutThe financial market believes the Bank of Canada will cut its policy rate to 2.75 per cent by June 2025, before holding it there for the remainder of 2025 and into 2026, according to a survey released by...

News Source: Financialpost November 05, 2024

Posthaste: Canada's 'uneven recovery' is leaving the middle class behind

'Under the surface there are clear signs that the average Canadian consumer is suffering' We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada's 'uneven recovery'...

Source: Financialpost November 04, 2024

The Canadian dollar is trading at lows not seen in years. Here’s what to know

Biggest driver of split between Canadian and U.S. dollar is diverging economic outlooksTORONTO — The Canadian dollar is trading against the U.S. dollar at levels not seen since 2020 as the combined pressures of economic outlooks, elections, and energy prices...

Source: Financialpost November 04, 2024

FP Answers: I'm turning 65 , so is taking CPP a good option if I plan to keep working?

Adding up the benefits makes arguing for early CPP tough unless you aren’t healthy or really need the moneyBy Julie Cazzin with Allan Norman We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from...

Source: Financialpost November 02, 2024

Jack Mintz: Canada isn’t broken but it is badly mismanaged

Immigration and budgeting are out of control while the energy transition is based on completely unrealistic targets and no workable planPierre Poilievre says Canada is broken. Polls say 70 per cent of Canadians agree. But what does that claim really mean?...