Global energy giant Shell said Thursday that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia invaded Ukraine. London-based Shell Plc posted adjusted earnings of $39.9 billion for 2022 in its financial results for the final three months of the year.
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.
Even with a much cooler housing market, 2023 may still present opportunities for both buyers and sellers in Canada, one real estate broker says.
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 price of housing in Canada likely won't drop much further due to the country's ongoing shortage of new homes, even as rising interest rates curb some demand, the deputy chief economist for the CMHC says.
A Quebec woman said she was very surprised to find her stolen Audi had been used in what’s being described as an “absolutely insane” Ontario mall robbery.
Nova Scotia's Shubenacadie Sam has seen her shadow, predicting six more weeks of winter.
On CTVNews.ca and YouTube: Health journalist Avis Favaro joins our Trend Line podcast, for an in-depth episode dedicated to the growing crises facing the Canadian health-care system.
Two RCMP officers are accused of manslaughter in the 2017 death of an Indigenous man in Prince George, B.C., prosecutors announced Wednesday.
Higher grocery prices are expected to hit stores across Canada soon as a blackout on price increases over the holiday season comes to an end.
Nearly a year since Russia's invasion of Ukraine, community organizers say there is still work to be done to help the thousands of Ukrainian refugees looking to start a new life in Canada while coping with the hardships they've faced coming here.
A suicide bomber who killed 101 people at a mosque in northwest Pakistan this week had disguised himself in a police uniform and did not raise suspicion among guards, the provincial police chief said on Thursday.
Israel struck targets in the Gaza Strip early Thursday hours after Palestinian militants fired a rocket at Israel, the military said, the latest in an uptick of violence in the region.
Top European Union officials arrived in Kyiv on Thursday for talks with Ukrainian officials as rescue crews dug through the rubble of an apartment building in eastern Ukraine struck by a Russian missile, killing at least three people and wounding about 20 others.
A couple abandoned their baby at an airport check-in desk in Tel Aviv, Israel after arriving without a ticket for the child.
Israeli aircraft carried out several raids at a militant site in the Gaza Strip early Thursday, the Israeli military said, hours after Palestinian militants fired a rocket into Israel's south, raising already heightened tensions under the country's new ultranationalist government.
North Korea on Thursday threatened the 'toughest reaction' to the United States' expanding joint military exercises with South Korea to counter the North's growing nuclear weapons ambitions, claiming that the allies were pushing tensions to an 'extreme red line.'
When the opera 'La Flambeau' premieres next week in Montreal, Black performers will be front and centre in an artistic medium where they have historically been under-represented.
Canadian Actor Ryan Reynolds dropped by a Toronto college on Wednesday, surprising students in the midst of a school project.
Missy Elliott, Willie Nelson, Kate Bush, Iron Maiden, Cyndi Lauper, Soundgarden, Sheryl Crow and the late George Michael are the 2023 nominees for induction into the Rock & Roll Hall of Fame, reflecting a mix of country, soul, hip-hop, metal, pop, rap-rock and grunge.
On CTVNews.ca and YouTube: Health journalist Avis Favaro joins our Trend Line podcast, for an in-depth episode dedicated to the growing crises facing the Canadian health-care system.
Lawmakers in Finland approved amendments Wednesday that will make it substantially easier for people to change their legally recognized gender in the Nordic country.
New guidelines on long-term care services by the Health Standards Organization say residents should receive at least four hours of direct care each day. If you or a loved one are living in long-term care, we want to hear from you.
A gay man is taking the federal government to court, challenging the constitutionality of a policy restricting gay and bisexual men from donating to sperm banks in Canada, CTV News has learned.
Dominic Barton, the former global managing director of McKinsey & Company, says he had no involvement in federal contracts awarded to the firm in recent years.
Candice Bergen, the former interim leader of the Conservative Party of Canada, is resigning from Parliament.
After a tiny radioactive capsule went missing in the Australian outback, an expert in Canada says the likelihood of the same happening in this country is unlikely, given our strong regulations governing the handling of radioactive materials.
An archeological team from Saint Mary's University will travel to France this summer to use ground-penetrating radar and other technology to assist a United States defence agency recover and identify military personnel missing since the Second World War.
Scientists in Japan may have unlocked the key to recreating how plants perform photosynthesis, according to a new study, potentially paving the way for new ways to harvest solar energy.
