Stock market today: Unrelenting rise in Treasury yields drags Wall Street lower
Wall Street is sinking again under the weight of higher yields in the bond market.
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Business
CURRENCY CONVERTER
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.
REAL ESTATE
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.
Restoring housing affordability will take 'years and concerted efforts' short of a housing crash: RBC report
Home ownership became slightly more affordable in the second quarter of the year in Canada but it remains 'impossibly high for many,' a new RBC report says.
WATCH
WATCH Why no 'deep, dark recession' is expected in Canada
A new forecast from Deloitte predicts that Canada's economic struggles will begin to ease next year and by 2025 the Bank of Canada may even begin cutting the key lending rate.
OPINION
OPINION New to Canada? Here's your guide to purchasing or renting your first home
Navigating Canada's real estate market can be daunting for new immigrants, especially amid an affordable housing crisis. Personal finance columnist Christopher Liew outlines the documentation newcomers will need to rent or purchase a home in Canada, and some key expenses to budget for.
Hot rental market makes search 'stressful' for many -- and it won't get better soon
The competitive rental market across the country is seeing multiple factors combine: high interest rates deter buyers and add to rental demand, still-high inflation is squeezing renter budgets, there's an undersupply of purpose-built rental units and population growth is fuelling demand.
Amid rising rent prices, these are the apartments currently on the market
As average rent prices in Canada hit record highs, experts say it's going to take more than just interest rate hikes to cool the red-hot market, including a crucial boost in supply.
CMHC reports annual pace of housing starts down 1% in August
Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada edged down one per cent in August compared with July.
Liberals, Tories compete on housing policy as MPs return to Ottawa after summer break
The federal Liberals intend to introduce legislation soon that would eliminate the GST from new rental housing construction and backdate the change to mid-September regardless of when it becomes law, Housing Minister Sean Fraser said Monday.
BNN Bloomberg features
Canada
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Frequent price increases by businesses contributing to sticky inflation: BoC official
Bank of Canada deputy governor Nicolas Vincent says businesses are still raising their prices more frequently and by larger amounts than they did before the pandemic, which is contributing to higher-than-expected inflation.
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After a four-week campaign, Manitobans to decide on Tories' bid for a third term
Manitobans are to make history today as they cast final ballots in an election that has followed four weeks of promises, debates and controversial advertisements.
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Grizzly bear attacks rare, but a risk in wilderness, experts say after Banff deaths
Grizzly bear experts say fatal attacks are extremely rare, but it's always a risk when people venture into the wilderness.
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Diwali fireworks advisory issued despite warnings it might be discriminatory: emails
An Environment Canada advisory that singled out Diwali fireworks as a reason to prepare for poor air quality last October was issued despite multiple warnings from some staff about it being discriminatory.
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Military withdraws final charge against Lt.-Gen. Steven Whelan
The Canadian military has withdrawn the one remaining conduct charge against Lt.-Gen. Steven Whelan, ending the court martial that was slated to run the rest of the week.
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Couple and dog killed by bear at Banff National Park
Two people are dead after a bear attack in Alberta's Banff National Park.
World
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A blast at an illegal oil refinery site kills at least 15 in Nigeria, residents say
An explosion and fire at at an illegal oil refinery site in Nigeria's Niger Delta region killed at least 15 people, including a pregnant woman, residents and a local environmental rights group reported Tuesday.
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Swiss LGBTQ+ rights groups hail 60-day sentence for polemicist who called journalist a 'fat lesbian'
LGBTQ+ groups are hailing the 60-day jail sentence a court in Switzerland gave to a writer and commentator for deriding a journalist as a "fat lesbian" and other critical remarks.
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U.K. court says the government's routine housing of unaccompanied child migrants in hotels is unlawful
Britain's government acted unlawfully when it routinely housed newly arrived unaccompanied child asylum seekers in hotels, the High Court ruled on Thursday.
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Hunter Biden returns to court in Delaware and is expected to plead not guilty to gun charges
Hunter Biden is due back Tuesday in a Delaware courtroom, where he's expected to plead not guilty to federal firearms charges that emerged after his earlier deal collapsed.
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Panda Diplomacy: The departure of D.C.'s beloved pandas may signal a wider Chinese pullback
The National Zoo's three giant pandas -- Mei Xiang, Tian Tian and their cub Xiao Qi Ji -- are set to return to China in early December with no public signs that the 50-year-old exchange agreement struck by President Richard Nixon will continue.
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Shooting at a major Bangkok shopping mall kills at least 2, and a suspect is in police custody
A shooter opened fire inside a major shopping mall in the center of Thailand's capital Tuesday afternoon, killing at least two people before being apprehended, authorities said.
Entertainment
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Late-night shows return after writers strike as actors resume talks that could end their standoff
Late-night talk shows are returning Monday after a five-month absence brought on by the Hollywood writers strike, while actors completed the first day of talks that could end their own long work walk-off.
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Mariah Carey is going on a Christmas tour. Here's when it comes to Toronto
Mariah Carey is bringing Christmas to Toronto a bit earlier this year.
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A second U.K. police force is looking into allegations of sexual offences committed by Russell Brand
A second British police force is looking into sexual offences allegedly committed by actor and comedian Russell Brand, British media reported Monday.
Health
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'Unrelenting' fast-food ads using privacy 'loopholes' to target children: study
A first-of-its-kind study by the University of Ottawa has discovered a lack of information on what data and information is collected on children from food service apps.
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Adolescent ER visits in Ontario for eating disorders saw big jump during pandemic: study
The biggest jump in Ontario emergency room visits and hospitalizations for eating disorders during the first 30 months of the pandemic was seen in adolescents aged 10 to 17, according to a new study.
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Ontario Pharmacists Association says ability to prescribe birth control should be next
Pharmacists in Ontario can now diagnose and treat 19 common ailments but they still can't prescribe birth control or emergency contraception.
Politics
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WATCH LIVEWATCH LIVE House of Commons meets to elect new Speaker, seven candidates vying for key role
Members of Parliament are gathering in the House of Commons to elect a new Speaker, where the seven candidates vying for the key role will be making last-minute pitches to their peers.
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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.
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India tells Canada to remove 41 of its 62 diplomats in the country, an official says
India has told Canada to remove 41 of its 62 diplomats in the country, an official familiar with the matter said Tuesday, ramping up a confrontation between the two countries over Canadian accusations that India may have been involved in the killing of a Sikh separatist leader in suburban Vancouver.
Sci-Tech
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3 scientists win Nobel Prize in physics for looking at electrons in atoms during split seconds
Three scientists won the Nobel Prize in physics on Tuesday for their work on how electrons move around the atom during the tiniest fractions of seconds, a field that could one day lead to better electronics or disease diagnoses.
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Meta's Instagram, Facebook to charge EU users for ad-free service: source
Meta Platforms is looking to introduce ad-free subscription plans for Instagram and Facebook users in Europe, two people familiar with the matter said on Tuesday.
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How are ancient Roman and Mayan buildings still standing? Scientists are unlocking their secrets
Ancient builders across the world created structures that are still standing today, thousands of years later -- from Roman engineers who poured thick concrete sea barriers, to Maya masons who crafted plaster sculptures to their gods, to Chinese builders who raised walls against invaders.