Daily News

Source: Financialpost November 09, 2024

Warren Buffett's record cash pile is starting to make people nervous

Some wonder if the Sage of Omaha sees a crisis on the horizon, giving him reason to unwind his most profitable tradeWarren Buffett is unwinding his most profitable trade in history, filling Berkshire Hathaway Inc.’s coffers with cash. But it is unclear if th...

Source: Financialpost November 08, 2024

Alberta fires entire AIMCo board due to 'significant' cost increases

New board chair will be appointed within 30 days Get the latest from Barbara Shecter straight to your inbox Sign Up The Alberta government has jettisoned the entire board of Alberta Investment Management Corp. (AIMCo), saying the investment manager of...

Source: Financialpost November 08, 2024

Alberta government fires AIMCo board, citing rising costs and poor performance

EDMONTON — Alberta’s finance minister has sacked the board of directors of AIMCo, the body that manages more than $160 billion in pension, endowment and government funds for the province. We apologize, but this video has failed to load. Try refreshing yo...

Source: Financialpost November 08, 2024

Dear Gen Z: Here's what you need to know about the Canada Pension Plan

John Graham: Younger Canadians will live longer, making pension savings even more importantReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this...

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...