Ski-Doo and Sea-Doo maker BRP reports revenue surge of 71% to a company record: Marisa Coulton
Ski-Doo and Sea-Doo maker BRP posted record company revenue, up 71% on a 43% increase in orders for its recreational vehicles. Read on.
Saputo shares drop after short-seller attack sours investors' taste for dairy giant: Jake Edmiston
A report from Spruce Point Capital casts Saputo as a bloated, aging cheese empire now in a 'decline and restructuring' phase. Find out more.
Rare-earth magnets are key to our electric future — and China controls 93% of them: Gabriel Friedman
Down to Business talks about recycling rare earth elements to make components crucial to an electric society. Listen in
GDP beat masks weakness underneath: What economists are saying about the numbers: Gigi Suhanic
Canada's GDP outpaced forecasts in the third quarter, but monthly numbers indicate an expected recession is fast-approaching. Read on.
Economy grows faster than expected, raising odds of higher interest rates: Kevin Carmichael
Statistics Canada reported gross domestic product grew at an annual rate of 2.9 per cent in the third quarter. Find out more
Woke education stunts young minds: Opinion: Matthew Lau
Many young people will be ill-prepared for all but a very narrow range of career pursuits, writes Matthew Lau. Read on.
FP Answers: Why is the Bank of Canada losing money and does it matter?: Kevin Carmichael , Stephanie Hughes
The Bank of Canada is losing money. Here's what you need to know about its ballooning liabilities and the long-term implications.
Suncor opts to keep its Petro-Canada gas stations in rebuff to activist investor: Financial Post Staff
Suncor says it will "improve and optimize" Petro-Canada so that retail will add more to its bottom line. Find out more.
Royal Bank of Canada to buy HSBC Bank Canada for $13.5 billion: Financial Post Staff
The Royal Bank of Canada said on Tuesday that it will acquire HSBC Canada for an all-cash transaction of $13.5 billion. Find out more.
Why it's time for borrowers to accept the new normal of higher rates and plan accordingly: Jason Heath
Interest rate normalization is causing the cost of debt to go up — and likely stay up. Find out more.
'Frankly, I want to grow trade:' Experts weigh in on Canada's first Indo-Pacific strategy: Naimul Karim
Here, in their own words, is what the government and trade experts say about the Indo-Pacific strategy’s commercial goals. Keep reading.
Shopify shares rise after Black Friday sales break record: Financial Post Staff
Black Friday sales hit a record $3.36 billion, up 17 per cent from the year before, for merchants using Shopify. Read on
'Serious consumer protection concerns': Insurance watchdog moves to ban controversial fee: Barbara Shecter
Deferred sales charges ban comes after mutual fund industry eliminated similar practice that can result in hefty commissions levelled on customers
Global nickel cartel off the table as Canada's trade minister rebuffs Indonesia's approach: Naimul Karim
Indonesia's invitation to join a global nickel cartel is off the table for Canada, as Trade Minister Mary Ng rebuffs the approach. Read on.
Businesses relieved as Trudeau's $2.3-billion Asia strategy leaves room to deal with China: Naimul Karim
The government aims to “increase the impact of Canadian businesses” and support them in an “aggressive way,” trade minister says. Read more.
Here's a way for investors to avoid fear, anxiety and making outright bad decisions: Martin Pelletier
The goal is moving forward, not upward, both on an individual and collective basis, writes Martin Pelletier. Read on.
Devastated by war, Ukraine economy will have dropped 36% by end of year: Financial Post Staff
FP Video talk to Ukrainian and Canadian leaders at the Rebuilding Ukraine Business Conference. Have a look
Five pieces of recession-proof financial advice for new graduates: Special to Financial Post
There is hope and opportunity even in times of economic shakiness. Read more.
Energy could be the hedge of a decade for investors as inflation stays high: Special to Financial Post
Energy could be the hedge of the decade for investors worried about the risk inflation poses to their portfolios. Read more here.
Food industry leaders close to finalizing grocery code of conduct, internal documents reveal: Jake Edmiston
Food industry leaders are close to finalizing a draft of the first code of conduct for the Canadian grocery business, documents say. Read on
TD Bank and Canada Post 'pause' rural lending program after two months: Barbara Shecter
TD Bank and Canada Post have paused a lending program giving borrowers in remote areas access to loans from $1,000 to $30,000. Read on.
Alberta forecasts smaller surplus as Danielle Smith opts to spend some of the oil windfall: Meghan Potkins
Alberta is on track to record a surplus this year of $12.3 billion, down from its previous forecast of $13.2 billion. Read on
Brett House: Rebuilding Ukraine will require at least three or four Marshall Plans: Special to Financial Post
Canada's support for war-torn Ukraine needs to be bolder, writes Brett House. Read on.
'An investing mecca': How Ukraine is remaking its economy in a time of war: Larysa Harapyn
Tetiana Berezhna, deputy minister of economy for Ukraine, promotes the war-torn country as a 'mecca' for investors. Watch here
Rio Tinto's topsy-turvy takeover of Turquoise Hill set for shareholder vote on Dec. 9: Naimul Karim
Rio hopes to gain full control of Turquoise so it can claim one of the world’s largest new copper and gold mines as its own. Read more.
Sean Fraser: 'Unacceptable' that immigrant surgeons are working as taxi drivers: Naimul Karim
Immigration Minister Sean Fraser talks about selection tools in Canada's new immigration program. Find out more
Canada's lettuce problem: What $15 romaine says about our food system: Jake Edmiston
Skyrocketing lettuce prices are a wake-up call for Canadians to rethink where we get our food from. Read on
I'm glad Danielle Smith fired me from Alberta Health Services board: Jack M. Mintz
Real health-care reform will require big policy and governance changes, writes Jack Mintz. Find out more.
It takes two to tango, so investors should figure out what the other side is thinking: Tom Bradley
Before you buy or sell, pause to understand what the investor you’re transacting with is thinking, says Tom Bradley. Find out more.
Canada to explore a free-trade agreement with Ecuador, in fresh run at lessening reliance on U.S., China: Marisa Coulton
Canada has been negotiating a trade agreement with the Pacific Alliance, which includes Chile, Colombia, Mexico, Peru and soon Ecuador, since 2017
Rogers exec reveals his $2-million post-merger bonus during tribunal: Denise Paglinawan
Rogers' $26-billion merger with Shaw will be the largest corporate acquisition in Canadian history if finalized. Read more.
The CRA is already challenging real estate transactions ahead of new anti-flipping rules: Jamie Golombek
New CRA rules on real estate flipping come into effect starting Jan. 1, but the taxman is already challenging some deals. Read on.
Nuclear energy — We CANDU it and we should: Special To Financial Post
We could turn Canada’s nuclear momentum into genuine energy security, climate action and economic development, writes Chris Keefer. Read on.
Tiff Macklem acknowledges the Bank of Canada is losing money for first time: Stephanie Hughes
Bank of Canada governor Tiff Macklem said that the central bank is on track to lose money for the first time in its history. Read more
Bank of Canada: higher interest rates still needed to tame inflation: Hsbc Breadcrumb
Bank of Canada Governor Tiff Macklem said inflation has come down in recent months, but still remains too strong. Read more.
'We'll go to the wall for you': Alberta Premier makes defiant speech to energy producers: Meghan Potkins
Alberta Premier Danielle Smith told energy producers that she will 'go to the wall' for them in her fight against Ottawa. Read on.
How Stephen Poloz thinks Canada can solve labour shortages and its lagging loonie: Stephanie Hughes
Former Bank of Canada governor argues that more transparent language could begin to unwind some of the issues. Read more.
Handing out cash to help people manage inflation only makes it worse: Hsbc Breadcrumb
Having extra money means people will continue spending, keeping demand for products and service high, and fuelling inflation more. Read on.
Peter Hall: Why inflation is not really the problem: Special to Financial Post
Inflation might soon be mastered, but at what cost? It’s the reaction to the remedy that will tell the tale, writes Peter Hall.
Vass Bednar: Digital ads are a desperate gamble in a fantasy economy: Special to Financial Post
Digital advertising is about as useful as making medical decisions by shaking a Magic 8 Ball, writes Vass Bednar. Find out more.
Couche-Tard hikes dividend as profit rises on higher gas prices: What you need to know: Marisa Coulton
Couche-Tard, which oversees a global network of convenience stores and gasoline stations, reported net earnings of US$810 million. Read on
Toronto rent climbs 26% from last year, but national average cools in October: Shantaé Campbell
Nationally, rents averaged $209 per month higher than in the same month a year ago. Find out more about rent prices across Canada.
Why lettuce is suddenly so unbelievably expensive: Gabriel Friedman
Down to Business looks at the 'perfect storm' of conditions that are pushing food prices higher. Have a listen
Bank of Canada’s Carolyn Rogers flags first-time homebuyers facing 'trigger rates' as risk: Stephanie Hughes
About half of variable-rate, fixed payment mortgages have hit their trigger rates, Bank of Canada estimates. Read more
Workers in Canadian Tire's supply chain not paid 'living wages,' union complains: Naimul Karim
United Steelworkers union alleges thousands of Bangladeshi factory workers who make clothes for Canadian Tire aren't paid enough. Read more.
The age of the toxic boss is over: Workers aren't willing to suffer for a paycheque anymore: Victoria Wells
Elon Musk's ultimatum to Twitter workers led to mass resignations, a sign that staffers still hold power, and will for years. Read more.
Billionaire Stephen Smith has a common name, but some uncanny talents: Joe O'Connor
The financial services tycoon has a talent for making vast quantities of money while generally staying out of the spotlight. Read more.
David Rosenberg: S&P 500 could drop as low as 2,500 before this bear market is finished: David Rosenberg
David Rosenberg expects better stock buying opportunities to arise down the road when a recession is fully “in the price.” Find out more
Diane Francis: Elon Musk must be held accountable for Twitter - Financial Post: Diane Francis
Diane Francis: Elon Musk must be held accountable for Twitter Financial Post Musk considering more layoffs at Twitter MobileSyrup Report: Twitter is Laying Off More Of Its Employees Thurrott.com Twitter has been hollow…
'Nobody wants that job': Some businesses are turning to robots to solve labour shortage woes: Bianca Bharti
Hiring problems have forced some to embrace automation, but business investment faces headwinds in a slowing economy
Markets keeping you up? Try this different goals-based investing approach: Martin Pelletier
Here's a strategy that will help you get a good night's sleep, knowing your goals are not dependent on near-term market moves. Find out more.
What people are watching on FP video: Financial Post Staff
Inflation explained, shopping tips and housing market update. Have a look
Mom taught me how: Six conversations to have with your daughters to ensure their financial wellness: Special to Financial Post
Financial literacy is key to a successful future, so the next time you're in the car with your daughter, discuss these 6 topics. Read more.
The digital generations are turning to analogue as life gets complicated: Special to Financial Post
Sales of older technologies such as record players are rising as people start having mixed feelings about the digital age. Find out more.
Rogers, Shaw families stand to be 'big winners' of merger, Competition Bureau expert tells tribunal: Denise Paglinawan
Rogers' lawyer notes CRTC approved deal after considering impact on different stakeholders
COP27 goes into overtime as Canada continues to face criticism on oil and gas stance: Meghan Potkins
Canada resisted heavy lobbying from India and others to sign a final agreement committing to a complete phaseout of fossil fuels. Read on.
'Team Transitory' holdout Stephen Poloz says the Bank of Canada is close to getting inflation under control: Stephanie Hughes
Former Bank of Canada governor Stephen Poloz says despite high prices, core inflation is dimming. Read more on his inflation outlook
Could the worst be over? National home price index pulls back from record declines: Gigi Suhanic
The Teranet-National Bank Home Price Index fell 0.8% in October, a much smaller monthly decline than last month. Read on.
Ottawa to issue Ukraine bond so investors can directly support the war-torn country: Financial Post Staff
Proceeds from five-year bond with 3.3% return go to financial aid for Ukraine. Find out more
Five investing lessons so you can be prepared for the next market event: Peter Hodson
Can anything be learned from the disaster that has been stocks and bonds in 2022? Find out here.
FP Answers: How do I use stock losses to lower my income taxes?: Julie Cazzin
Be sure to consider whether to carry back or carry forward a loss to get the best bang for your buck. Read on.
Five tips to keep your credit score safe this holiday shopping season: Special to Financial Post
Credit is not good or bad; it is how we use it and manage it that can have an impact, writes Sandra Fry. Read more.
Backed by Airbus and Air Canada, company says it's closer to pulling carbon from the sky: Meghan Potkins
Air Canada and Airbus are backing a B.C. company, which says it is closer to being able to pull carbon from the sky. Read on.
BMO debuts new technology funds that will be managed by Cathie Wood's ARK: [email protected]
BMO ARK Funds include three ETFs and three mutual funds with the same tickers. Find out more.
If you disagree with a CRA assessment, make sure you file an objection on time — or else: Jamie Golombek
Skipping the step of filing objections to the Canada Revenue Agency proved fatal to these taxpayers' Tax Court cases. Find out more.
Lightspeed is 'spending a fortune on hiring' as tech sector cuts thousands: Marisa Coulton
Lightspeed Commerce Inc.'s CEO aims to pick up talent as Amazon.com, Facebook, Shopify and Twitter lay off employees. Read on
Come from away: Ukrainian refugees help Newfoundland and Labrador companies soar: Joe O'Connor
Newfoundland is home to a growing, highly literate Ukrainian refugee community keen to work and grateful to be somewhere safe. Read more.
Impact of the 'S' in ESG found lacking in the real world: Barbara Shecter
New ESG study finds gap between what companies are setting out to do and what can be measured in the real world. Find out more
If you disagree with a CRA ruling, make sure you file an objection on time — or else: Jamie Golombek
Skipping the step of filing objections to the Canada Revenue Agency proved fatal to these taxpayers' Tax Court cases. Find out more.
How regulation slowed FTX's growth, limiting the toll of its collapse in Canada: Barbara Shecter
Regulatory intervention in Canada kept at least a partial lid on the crypto platform FTX's blistering expansion. Find out more.
'Part of something bigger': QuadReal's Roger Chouinard named 2022 Western Canada General Counsel of the Year: Special to Financial Post
Passion for business led Quebec lawyer Roger Chouinard to new heights with B.C. real estate giant QuadReal Property Group. Read more.
Inflation data raise odds of smaller rate hike in December, economists say: Gigi Suhanic
Canada's consumer price index held at 6.9%, and that could mean a smaller rate hike from the Bank of Canada in December. Find out more
Theresa Tam tests positive for creeping-government virus: Matthew Lau: Matthew Lau
Theresa Tam's climate report is little more than a regurgitation of alarmist climate theories and dubious arguments. Read on.
October housing starts reverse September's gains as Toronto construction plunges 47%: Shantaé Campbell
The pace of Canadian housing starts slowed in October, reversing the surge in September. Find out more
Canada's inflation surge stalls at 6.9%: What you need to know: Financial Post Staff
Canada's annual inflation rate remained at 6.9 per cent in October in line with economists' expectations. Find out more
Loblaw profits jump 23% in third quarter as Metro reports higher sales from inflation: Jake Edmiston
Loblaw says its profit growth comes from increased sales of high-margin items such as cosmetics, not food. Find out more.
CPPIB will sell companies that don't take ESG seriously, CEO says: Sheryl Tian Tong Lee, Bloomberg News
CPPIB chief John Graham says the pension will divest if efforts to commit to net zero fail. Find out why other funds don't share his view.
'The opportunity of a lifetime': How ATB's Stuart McKellar turned a short sojourn into a remarkable career: Special to Financial Post
Stuart McKellar was honoured with the Lifetime Achievement Award at the 2022 WCGCAs. Read more.
Why Canada's inflation rate could go higher, not lower, in tomorrow's data: Stephanie Hughes
Hotter inflation figures for Canada are expected in October's report. Here's what that could mean for the Bank of Canada
Elon Musk steps up firing of Twitter Inc. engineers who criticize him: Kurt Wagner, Bloomberg News
In the past 24 hours, an estimated dozen or so Twitter employees have been let go after openly rebuking their new boss Elon Musk. Read more.
Calgary-based crypto platform Bitvo terminates deal to be acquired by FTX: Barbara Shecter
Bitvo says it has no exposure to FTX and is not part of the company's bankruptcy proceedings. Find out more.
At least Pierre Poilievre thinks about monetary policy: William Watson: William Watson
His plan for the Bank of Canada to control asset price inflation is a worthy idea, but not so easy to do with interest rates. Read on.
Tiff Macklem turns tables on critics, calls on politicians, employers to boost supply of skilled labour: Stephanie Hughes
Bank of Canada governor says immigration, investment in workers is needed to tackle mismatch between talent and jobs on offer. Read more.
Noah Solomon: Dividends prove their value in good times and bad: Special to Financial Post
Companies that pay sustainable dividends have provided the best returns over time, even during periods of elevated inflation. Read more.
Ottawa to give out $800 million to clean fuels companies, with more funds to come: Gabriel Friedman
Ottawa has dipped into its clean fuels-fund announcing $800 million for 60 companies in the sector's 'cutting edge.' Read on.
Tobias Lütke: ESG is a good idea that's now 'broken, cynical and counter productive': Barbara Shecter
Shopify CEO Tobi Lütke become the latest to speak out against ESG standards and greenwashing. Read more
Canada's housing woes won't be solved by restricting newcomers, says immigration minister: Naimul Karim
Canada’s immigration minister said closing the door on immigrants can never be the solution to the nation’s housing shortage. Read more.
Union boss says Bank of Canada's Tiff Macklem is waging a class war: Randy Thanthong-Knight, Bloomberg News
Unifor's Lana Payne accuses Tiff Macklem of telling employers to keep wages low and trying to engineer a higher unemployment rate. Read more.
Unlimited flights between India and Canada given green light in move to rekindle trade ties: Bianca Bharti
Previously, flights between India and Canada were limited to only 35 a week. Find out more about what this change means for the 2 countries.
[news curation]@wakanda-forever
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