B.C. tenants evicted for landlord's use after refusing large rent increase to take over neighbouring suite
Ashley Dickey and her mother rented part of the same Coquitlam duplex in three different decades under three different landlords.
Global markets have been selling off on the fear of a new COVID-19 variant found in South Africa.
The new, potentially more transmissible variant prompted the World Health Organization (WHO) to call an emergency meeting Friday. Canadian government officials are also meeting to address the efficacy of the current vaccines and possible treatment options.
While the number of confirmed cases is small for now, scientists have concerns around the high number of mutations in the variant's spike protein.
My point is, we just don't know where this will go.
What we do know, is the markets are thinly-traded due to the U.S. Thanksgiving holiday and liquidity levels much lower than usual. The U.S. markets also close at 1:00 p.m. ET and there will be some who will not want to hold positions in stocks going into the weekend.
Meanwhile, North American markets opened sharply lower Friday. Oil has pulled back significantly and at one point trading below US$70.00 a barrel due to fears that demand could wain if further lockdowns and restrictions are put into place. Investors have been flocking to the safety of the 10-year U.S. Treasury bond and gold.
You have to wonder at this point if this is an overreaction.
As an investor what should you consider? Begin by considering the facts:
1. Investors and the market hate uncertainty and when we do have uncertainty, it creates volatility.
2. It isn't comfortable, but we have been here before. However, we haven't dealt with a significant new variant in a while.
3. In the past, the markets recovered and the risk sentiment came back. There is no guarantee this will happen again, but it is something to consider.
So let's get back to fundamentals:
1. Look at your portfolio to ensure your investments are aligned to who you are as an investor and how comfortable your tolerance for risk is. How much can you afford to lose and how much are you willing to lose?
2. If you are a balanced investor with a long-term perspective you likely have been here before and stayed the course.
3. In the heat of a trading day try not to let your emotions dictate your investment decisions. Sometimes doing nothing is the hardest decision.
Finally, it isn't inconceivable there will be investors who have been sitting on the sidelines waiting for a buying opportunity. In other words, they might benefit from a little volatility.
Ashley Dickey and her mother rented part of the same Coquitlam duplex in three different decades under three different landlords.
A man who fell into a crevasse while leading a backcountry ski group deep in the Canadian Rockies has died.
A new survey by Dalhousie University's Agri-Food Analytics Lab asked Canadians about their food consumption habits amid rising prices.
MPP Sarah Jama was asked to leave the Legislative Assembly of Ontario by House Speaker Ted Arnott on Thursday for wearing a keffiyeh, a garment which has been banned at Queen’s Park.
Charlie Woods failed to advance in a U.S. Open local qualifying event Thursday, shooting a 9-over 81 at Legacy Golf & Tennis Club.
As Donald Trump was running for president in 2016, his old friend at the National Enquirer was scooping up potentially damaging stories about the candidate and paying out tens of thousands of dollars to keep them from the public eye.
After Prime Minister Justin Trudeau said the federal government would still send Canada Carbon Rebate cheques to Saskatchewan residents, despite Saskatchewan Premier Scott Moe's decision to stop collecting the carbon tax on natural gas or home heating, questions were raised about whether other provinces would follow suit. CTV News reached out across the country and here's what we found out.
A Montreal actress, who has previously detailed incidents she had with disgraced Hollywood producer Harvey Weinstein, says a New York Court of Appeals decision overturning his 2020 rape conviction is 'discouraging' but not surprising.
Caleb Williams is heading to the Windy City, aiming to become the franchise quarterback Chicago has sought for decades.
Mounties in Nanaimo, B.C., say two late-night revellers are lucky their allegedly drunken antics weren't reported to police after security cameras captured the men trying to steal a heavy sign from a downtown business.
A property tax bill is perplexing a small townhouse community in Fergus, Ont.
When identical twin sisters Kim and Michelle Krezonoski were invited to compete against some of the world’s most elite female runners at last week’s Boston Marathon, they were in disbelief.
The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
A local Oilers fan is hoping to see his team cut through the postseason, so he can cut his hair.
A family from Laval, Que. is looking for answers... and their father's body. He died on vacation in Cuba and authorities sent someone else's body back to Canada.
A former educational assistant is calling attention to the rising violence in Alberta's classrooms.
The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”
At 6'8" and 350 pounds, there is nothing typical about UBC offensive lineman Giovanni Manu, who was born in Tonga and went to high school in Pitt Meadows.