S&P/TSX composite down in late-morning trading, U.S. stock markets higher
TOKYO -
Losses in the base metal and industrial stocks helped lead Canada's main stock index lower in late-morning trading, while U.S. stock markets inched higher.
The S&P/TSX composite index was down 33.40 points at 19,909.30.
In New York, the Dow Jones industrial average was up 68.11 points at 33,901.72. The S&P 500 index was up 16.50 points at 4,310.43, while the Nasdaq composite was up 79.02 points at 13,317.54.
The Canadian dollar traded for 75.07 cents US compared with 74.86 cents US on Thursday.
The July crude contract was up 26 cents at US$71.55 per barrel and the July natural gas contract was down six cents at US$2.29 per mmBTU.
The August gold contract was up US$1.30 at US$1,979.90 an ounce and the July copper contract was up two cents at US$3.81 a pound.
YOUR FINANCES
Statistics Canada says household debt ratio down in Q2 as income grew
Statistics Canada says the amount Canadians owe relative to how much they earn fell in the second quarter as disposable income comfortably outpaced the growth in debt and demand for mortgages fell.
How electric vehicle insurance compares to gasoline-powered vehicles
As Canada ushers in the era of electric vehicles, here's what costs and factors you should consider before making the switch.
OPINION
OPINION 6 ways to prepare your finances for a potential recession
Despite Canada's economic resilience in the face of rising interest rates, it's still important to be prepared in case a recession hits. In a column for CTVNews.ca, personal finance contributor Christopher Liew shares some practical tips and actionable advice to better weather any economic storm.
Back-to-school: Parents offer tips on how they save during annual shopping spree
A new survey found 46 per cent of Canadians are more worried about their finances during this back-to-school season than in previous years.
opinion
opinion Canada can dodge a recession, but it could still happen; here's why
In his column for CTVNews.ca, personal finance contributor Christopher Liew outlines how Canada might avoid a recession, as well as some risks that could contribute to one.
Budgeting important part of RESP spending plan as students head to school
Parents across the country are getting ready to tap into registered education savings plans to help pay for their children's post-secondary schooling this fall.
Turning to dollar stores for groceries? Here's what a dietician recommends
As Canadians continue to feel the financial toll of inflation while grocery shopping, one registered dietitian offers practical tips for cutting costs at dollar stores, without compromising nutrition.
OPINION
OPINION Financial tips for newcomers to Canada, from an expert
For those who have recently immigrated to Canada, it's important to learn the basics of how the country's financial system works. Personal finance contributor Christopher Liew shares some financial tips around how to open a bank account, build your credit and file your taxes as a newcomer.
CTVNews.ca Top Stories
DEVELOPING
DEVELOPING Donald Trump arrives in court for a New York trial scrutinizing his business practices
Former U.S. president Donald Trump showed up on Monday for a trial in a lawsuit that could cost him control of Trump Tower and other prized properties, after vowing to defend his reputation in a case he calls 'a sham.'
What you need to know about the election of a new Speaker
On Tuesday, MPs will be electing a new Speaker of the House of Commons, in the wake of Anthony Rota's resignation. It will be a day for the Canadian political history books, as well as a day full of pomp and procedure. Here's what you need to know about the role, the contenders, and the process.
Where can I get a COVID-19 rapid test? CTV News looks at the rules in each province and territory
As Canadians prepare for another respiratory virus season this fall and winter, some may be curious to know if what they have is a cold, flu or possibly COVID-19. With rapid antigen tests being one popular option, CTV News looks at how many are still in stock in Canada and where you can get one.
Couple and dog killed by bear at Banff National Park
Two people are dead after a bear attack in Alberta's Banff National Park.
Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook
From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it's been hard to keep up with the shifting landscape for mortgage holders.
Taylor Swift watches Travis Kelce's Chiefs take on the Jets at MetLife Stadium
Taylor Swift couldn't just shake off another chance to watch Travis Kelce on the football field. The 12-time Grammy Award winner arrived at MetLife Stadium about 40 minutes before kickoff Sunday night to watch Kelce and his Kansas City Chiefs take on the New York Jets.
Minimum wage rises in six provinces, but is it enough?
Amid a cost-of-living crisis driving up food bank visits and economic anxiety, the minimum wage increased in six provinces today – but both advocates and critics fear it may not be enough to tackle the overarching problem.
Ontario expands pharmacists' prescription powers to include 6 more common ailments
Ontario residents can now access treatment and medication for six more common ailments at pharmacies across the province.
Chair hogs, dining divas and boorish boozers: Is cruising etiquette lost at sea?
When it comes to uncouth, uncultured and downright unacceptable behaviour on ships, experts in travel etiquette and cruising have seen it all. They share plenty of bad behaviours for passengers to avoid (and good ones they should emulate).
Canada
-
Couple and dog killed by bear at Banff National Park
Two people are dead after a bear attack in Alberta's Banff National Park.
-
5 dead after single-vehicle crash near Swan River, Man.
Swan River RCMP are investigating a single-vehicle crash that killed five people in western Manitoba Saturday afternoon.
-
Nearly 500 tenants from 5 apartment buildings in Toronto are now on rent strike
More than 100 tenants at 1440 and 1442 Lawrence Avenue West will go on rent strike Sunday joining the ranks of nearly 500 residents who have been withholding payments since early summer.
-
Half of millennials and Gen Z living paycheque-to-paycheque in Canada while stressing about climate crisis: survey
Struggling under the rising cost of living and an ever mounting fear of the climate crisis, young Canadians don’t see a positive future for themselves right now, according to a recent national survey.
-
Quebec public-sector unions continue to see strong support for strike mandates
Quebec's public sector workers continue to give their unions strong backing to go on strike if they're unable to successfully negotiate new contracts with the provincial government, the federations said at about the half-way point of the voting process.
-
Ontario city home to Nazi soldier that visited Parliament shares mixed emotions
North Bay, Ont. is currently home to a man who was honoured with a standing ovation in the House of Commons during a visit from Ukrainian President Volodymyr Zelenskyy, but whose presence in Parliament later caused global outrage and embarrassment when details emerged about his past as a Nazi soldier during the second World War.
World
-
DEVELOPING
DEVELOPING Donald Trump arrives in court for a New York trial scrutinizing his business practices
Former U.S. president Donald Trump showed up on Monday for a trial in a lawsuit that could cost him control of Trump Tower and other prized properties, after vowing to defend his reputation in a case he calls 'a sham.'
-
Malaysians urged not to panic-buy local rice after import prices for the staple rise substantially
Malaysia's government on Monday reassured the country there is sufficient rice in the market and urged people not to hoard locally produced rice after recent panic-buying led to empty shelves in supermarkets and grocery stores nationwide.
-
U.S. Attorney General Garland says in interview he'd resign if Biden asked him to take action on Trump
U.S. Attorney General Merrick Garland said in an interview that aired Sunday that he would resign if asked by President Joe Biden to take action against Republican presidential frontrunner Donald Trump. But he doesn't think he'll be put in that position.
-
Armenian exodus from Nagorno-Karabakh ebbs as Azerbaijan moves to reaffirm control
The last bus carrying ethnic Armenians from Nagorno-Karabakh left the region Monday, completing a gruelling weeklong exodus of over 100,000 people -- more than 80 per cent of its residents -- after Azerbaijan reclaimed the area in a lightning military operation.
-
Work starts on turning Adolf Hitler's birthplace in Austria into a police station
Work started Monday on turning the house in Austria where Adolf Hitler was born in 1889 into a police station, a project meant to make it unattractive as a site of pilgrimage for people who glorify the Nazi dictator.
-
Top European diplomats meet in Kyiv to support Ukraine as signs of strain show among allies
Some of Europe's top diplomats gathered Monday in Kyiv in a display of support for Ukraine's fight against Russia's invasion as signs emerge of political strain in Europe and the United States over the 19-month-old war.
Politics
-
What you need to know about the election of a new Speaker
On Tuesday, MPs will be electing a new Speaker of the House of Commons, in the wake of Anthony Rota's resignation. It will be a day for the Canadian political history books, as well as a day full of pomp and procedure. Here's what you need to know about the role, the contenders, and the process.
-
Pierre Poilievre called out for Truth and Reconciliation Day photos with Inuk elder
Conservative Leader Pierre Poilievre found himself the subject of online criticism after posting photos with an Inuk elder alongside a caption about meeting with Algonquin elders on the National Day for Truth and Reconciliation.
-
Defence minister insists $1B spending reduction is not a budget cut
The country's top soldier and outside experts say that finding almost $1 billion in savings in the Department of National Defence budget will affect the Armed Forces' capabilities, although the defence minister insisted Friday the budget is not being cut.
Health
-
Where can I get a COVID-19 rapid test? CTV News looks at the rules in each province and territory
As Canadians prepare for another respiratory virus season this fall and winter, some may be curious to know if what they have is a cold, flu or possibly COVID-19. With rapid antigen tests being one popular option, CTV News looks at how many are still in stock in Canada and where you can get one.
-
Nobel in medicine goes to 2 scientists whose work enabled creation of mRNA vaccines against COVID-19
Two scientists won the Nobel Prize in medicine on Monday for discoveries that enabled the creation of mRNA vaccines against COVID-19 and that could be used to develop other shots in the future.
-
1 in 20 Americans used ivermectin, hydroxychloroquine to treat COVID-19, study finds
A recent study has found 1 in 20 people in the U.S. who contracted COVID-19 used non-evidence based treatment, such as ivermectin and hydroxychloroquine, due to beliefs in vaccine-related misinformation.
Sci-Tech
-
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. Now, he has to convince a jury that he wasn't, in reality, the next Bernie Madoff.
-
Scientists have observed antimatter free-falling due to gravity for the first time
For the first time, an international team of scientists have directly observed that antimatter – the mysterious counterpart to ordinary matter – free-falls under gravity, answering a question which has been the subject of endless speculation among the scientific community.
-
Man arrested in killing of Baltimore tech entrepreneur Pava LaPere was released from prison in 2022
The man arrested Thursday in the killing of a Baltimore tech entrepreneur was released from prison last year after serving a shortened sentence for a 2013 rape and was suspected in another rape days before the slaying last week, police said.
Entertainment
-
Beyonce, like Taylor, is heading to movie theaters with a new film
A documentary chronicling Beyonce's just-concluded 39-city Renaissance World Tour will premiere in North American theaters Dec. 1, AMC Theaters announced Monday.
-
Taylor Swift watches Travis Kelce's Chiefs take on the Jets at MetLife Stadium
Taylor Swift couldn't just shake off another chance to watch Travis Kelce on the football field. The 12-time Grammy Award winner arrived at MetLife Stadium about 40 minutes before kickoff Sunday night to watch Kelce and his Kansas City Chiefs take on the New York Jets.
-
'PAW Patrol' shows bark at box office while 'The Creator' and 'Dumb Money' disappoint
After several quiet weeks in movie theaters, four films entered wide release over the weekend. 'PAW Patrol: The Mighty Movie' came out the top dog, with US$23 million in ticket sales, according to studio estimates Sunday.
