CashNews.co In the past three decades, especially between 2019 and 2023, the average Canadian family’s tax bill has grown significantly more than what they’ve paid for shelter, food, or clothing. Between 1992 and 2023, the average tax bill for the average Canadian family rose by $29,376 (166 percent) to $46,998, according to a recent research […]
Rising real estate insolvencies to surpass levels of the financial crisis and the Home of the Week: Canadian real estate news for August 16 #CanadaFinance
CashNews.co Open this photo in gallery: Home of the Week, 6090 County Road 50, Campbellford, Ont.Maddox Media Here are The Globe and Mail’s top housing and real estate stories this week and one home worth a look. Try The Globe’s business and investing news quiz Real estate insolvencies in Canada set to surpass levels of […]
Mounting criticism over Canada’s low-wage temporary foreign worker program #CanadaFinance
CashNews.co As calls to reform Canada’s Temporary Foreign Worker program mount, economists say changes to the program introduced by the federal government in 2022 have made it more difficult for youth to find employment. (Getty Images) (bgton via Getty Images) As calls to reform Canada’s Temporary Foreign Worker (TFW) program mount, economists say changes to […]
Gas prices fall in B.C.; TMX pipeline to lower fuel costs #CanadaFinance
CashNews.co Workers lay pipe during construction of the Trans Mountain pipeline expansion on farmland, in Abbotsford, B.C., on Wednesday, May 3, 2023. (The Canadian Press) Gas prices fell in British Columbia over the past week as a new study suggests relief may be on the way for one of Canada’s priciest regions for fuel. The […]
Laurentian Bank of Canada declares dividend on its preferred shares #CanadaFinance
CashNews.co MONTREAL, Aug. 16, 2024 /CNW/ – The Board of Directors of the Laurentian Bank of Canada (TSX: LB) (the “Bank“) declared yesterday a dividend of $0.38725 on the preferred shares Series 13, payable on September 15, 2024, to shareholders of record at the close of business on September 9, 2024. Laurentian Bank of Canada Logo (CNW Group/Laurentian […]
Indian students turning to US as Canada, Australia, UK tighten rules | Personal Finance #CanadaFinance
CashNews.co Indian students, who have long sought education opportunities in countries like the United Kingdom (UK), Canada, Australia, and the Netherlands, are now facing a growing number of obstacles. Recent policy changes and restrictions in these countries are creating uncertainty and anxiety among prospective international students, particularly those from India. But what exactly is […]
Barrick CEO Says Gold Giant Eyes Opportunities in Canada #CanadaFinance
CashNews.co (Bloomberg) — Barrick Gold Corp., the world’s No. 2 bullion producer, is looking for investment opportunities in Canada as prices for the precious metal push higher. Most Read from Bloomberg Chief Executive Officer Mark Bristow said he’s cautious about embarking on major deals but is keeping an eye out for opportunities in the company’s […]
The Average Retirement Age in 2024: US vs. Canada #CanadaFinance
CashNews.co 1000ways / iStock.com The future of Social Security and income for retirees have been talked about a great deal by both presidential candidates this election season. Not only are retirees watching to see about potential cuts to benefits, but many working Americans want to hear from the candidates about their plans for the system […]
Canada Jetlines becomes latest victim of cutthroat airline sector #CanadaFinance
CashNews.co Less than two years after it first hit the skies, Canada Jetlines has grounded its planes and ceased operations amid a cash crisis that caused it to become the third Canadian carrier in less than a year to stop flying. The low-cost airline, which flew mainly to sun destinations out of Toronto on top […]
Canada’s Finance Minister Chrystia Freeland hints at broader trade action against China #CanadaFinance
CashNews.co Canada’s finance minister said she will hold talks next week with business and labour groups about erecting trade barriers against Chinese-made vehicles – and suggested the government may even go beyond cars. The government last month announced a public consultation on how to respond to “unfair Chinese trade practices” of electric vehicles. But “the […]