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News
News of the day: Canada's 'investibility' gaps, Alberta oilpatch merger, rotting tax policy, selling your home at a loss, finding common ground and more
4+ day, 9+ hour ago (226+ words) CPP research says global pension giants find gaps in Canada’s ‘investibility’ ahead of summit Prime Minister Mark Carney hopes to attract billions of dollars from large global institutional investors at the Canada Investment Summit next week, but his government will…...
Here???s how a growing pool of Canadians are paying off their mortgages
1+ week, 4+ day ago (1302+ words) With housing prices making homeownership a stretch for many, Canadians, especially millennials, are finding ways to offset the cost Alexis Levenson knew she found the perfect house when she saw it: a 1950s-style, semi-detached bungalow with plenty of space and…...
Why Canada's major projects push has the big banks salivating
1+ week, 5+ day ago (834+ words) An easing of capital requirements means the Big Six have $74 billion to lend, but they may be waiting for big ticket projects on the horizon A decision by Canada’s top banking regulator to reduce the amount of money that the…...
Opinion: Deteriorating provincial finances are throwing the burden of growth back on Ottawa
3+ week, 2+ day ago (550+ words) Marc Desormeaux: Canada is advancing an ambitious economic agenda at a time when provincial finances are under acute pressure. To achieve its goals, Ottawa will have to take on more of the risks — and foot more of the bill The…...
Matthew Lau: No data would be better than spun data
3+ week, 4+ day ago (650+ words) Financial Post Sir John Cowperthwaite, who was financial secretary of Hong Kong from 1961 to 1971, was known to resist collecting economic statistics because he believed if civil servants had data, they would abuse it to expand government intervention. The fear that…...