The federal Finance Department says Canada is joining its fellow G7 countries plus Australia to expand caps on Russian oil to include seaborne petroleum products from that country.
Many Canadians have continued to see an increase in their rental rates in 2023. In an column on CTVNews.ca, personal finance contributor Christopher Liew explains how to calculate how much rent you can afford.
With the spring break travel season approaching, those looking to flee the cold, wet Canadian snow for sunnier skies will likely be met with a hefty price tag for their getaway, with inflation and increased demand pushing costs up.
When selling a home, Canadians may be exempted from paying capital gains tax on a residential property -- if it's their principal residence. On CTVNews.ca, personal finance contributor Christopher Liew explains what's determined as a principal residence, and what properties are eligible for the exemption.
The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts are interpreting it and what it could mean for consumers.
The federal government's latest TFSA contribution limit increase took effect as of January 1, 2023. Personal finance contributor Christopher Liew outlines how the government’s most recent TFSA contribution limit increase affects you and how to make the most of it.
Finding an affordable place to live in the territories, where housing has long been a challenge, is getting even harder, the Canada Mortgage and Housing Corporation suggested in a report released in December. In Yellowknife, the report said, the growing senior population, urbanization and strong labour market has pressured the housing supply.
Canada is suffering from a severe skills shortage in several key sectors, experts say, thanks to factors that include deficiencies in our education system as well as changing demographics. CTVNews.ca looks at some of the skills that will be most in-demand in 2023.
Bond portfolios took a beating in 2022 as interest rates climbed, but experts say investors shouldn't neglect bonds this year as the Bank of Canada nears the end of its rate hike cycle.
New Statistics Canada data shows investors made up almost one third of homeowners in some provinces in 2020.
The federal government has set aside billions of dollars to quickly build affordable housing across the country, but delays in construction suggest many of the projects approved for funding are missing their deadlines.
When selling a home, Canadians may be exempted from paying capital gains tax on a residential property -- if it's their principal residence. On CTVNews.ca, personal finance contributor Christopher Liew explains what's determined as a principal residence, and what properties are eligible for the exemption.
Mortgage and title fraudsters who impersonate homeowners and tenants have targeted at least 32 properties in Ontario and British Columbia, investigators and official warnings suggest.
Sales activity among luxury homes in Toronto and Vancouver saw a decline in 2022, according to new data released by Sotheby's International Realty Canada. However, other major Canadian cities saw sales volumes stabilize or even increase throughout the year. CTVNews.ca has put together a list of properties currently on the market for $1 million or more in major cities across Canada.
Canada Mortgage and Housing Corp. says the annual pace of housing starts in December slowed five per cent compared with November.
The Canadian Real Estate Association expects home sales to edge down less than one per cent and prices to fall almost six per cent from 2022, which ended with the market in a sluggish state as sellers and buyers sat on the sidelines.
A Calgary man on work permit says the exemptions for international students and work permit holders are too limiting and says he and many other qualified workers feel 'forgotten' by the legislation.
The federal defence Minister says Canada 'unequivocally supports' the United States government's decision to shoot down a high-altitude surveillance balloon that was suspected of spying for China, noting the balloon violated Canadian airspace.
The federal government says it wants the RCMP to ban the use of two crowd-control tools that forces across the country say they have in their arsenals: sponge rounds and CS gas.
A B.C. man who was mistaken for the target in a police takedown and shot by an officer in 2013 has had his lawsuit alleging negligence dismissed.
As the majority of Eastern Canada stays indoors during an extreme cold weather alert, homeless shelters are struggling to keep up with the demand from unhoused people as temperatures continue to drop.
Canada announced that it had called China's ambassador onto the carpet as Ottawa and Washington expressed their disapproval Friday over a high-altitude balloon found to have been hovering over sensitive sites in the United States.
A federal government department has fired 49 employees who received the Canada Emergency Response Benefit while they were employed.
China's foreign ministry said on Sunday that it expressed strong dissatisfaction and opposition towards the United States' use of force to attack its airship.
Eyes were locked on the skies Saturday as a suspected Chinese spy balloon passed over the U.S. Eastern Seaboard -- where local authorities warned civilians against taking potshots with rifles -- before it was shot down when it drifted over the Atlantic Ocean.
Iraq's currency ended its nosedive after a meeting between the Iraqi Central Bank head and a top U.S. Treasury official.
In a terrible way, the death of Tyre Nichols brings vindication to members of the Black community in Memphis who live in terror of police.
Pope Francis warned Saturday that South Sudan's future depends on how it treats its women, as he highlighted their horrific plight in a country where sexual violence is rampant, child brides are common and the maternal mortality rate is the highest in the world.
A man wanted by police in Oregon in a bizarre incident at a house featured in 'The Goonies' was the subject of a daring Coast Guard rescue when he was tossed from a stolen boat as it capsized, authorities said.
Three bodies found in a vacant Detroit-area apartment building have been identified as those of three aspiring rappers who went missing nearly two weeks ago, police said Friday.
Several Canadians could leave the Grammy Awards with an armful of trophies on Sunday, but most of them aren't household names.
Mexican actor Pablo Lyle was sentenced Friday to five years in prison for involuntary manslaughter after fatally punching a man during a road rage confrontation in Miami in 2019.
The Canadian Cancer Society (CCS) is calling on the federal government to do more for cancer patients, as the system continues to struggle nearly three years after the beginning of the COVID-19 pandemic.
Paid subscriptions to on-demand care are among the many strategies primary health-care providers in Ontario are adopting in order to meet increased demand for access to doctors in the past year, while also managing staffing shortages.
Ontario fully supports the federal government's push to make health-care funding contingent on data reporting, the province said Thursday as it announced a plan to boost access to primary care doctors.
The suspected Chinese surveillance balloon that was found floating over sensitive military sites in the western United States had been tracked by Canada's government since last weekend as it passed through Canadian airspace, sources tell CTV News.
Marit Stiles officially became the new leader of the Ontario NDP on Saturday after a majority of party members voted in favour of the lone candidate.
Deputy Prime Minister and Finance Minister Chrystia Freeland is hosting an in-person meeting Friday with the provincial and territorial finance ministers in Toronto to discuss issues including the current economic environment and the transition to a clean economy.
A new research from a citizen science program suggests that stars are disappearing before our eyes at an 'astonishing rate.'
Using a device that might be described as a super-duper cocktail shaker, scientists have fashioned a previously unknown form of ice - one that might exist on our solar system's icy moons - in research that sheds light on water's behaviour under extreme conditions.
The oldest preserved vertebrate brain has been found in a 319-million-year-old fossilized fish skull that was removed from an English coal mine over a century ago.
