Ford Motor has offered Canadian union Unifor wage increases of up to 25 per cent in its tentative agreement, the union said on Saturday. The agreement provides a 10 per cent wage increase for the first year followed by increases of two per cent and three per cent through the second and third year and a $10,000 productivity and quality bonus to all employees on the active roll of the company, Unifor said.
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.
As Canada ushers in the era of electric vehicles, here's what costs and factors you should consider before making the switch.
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.
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.
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.
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.
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.
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.
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.
Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada edged down one per cent in August compared with July.
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.
Across the country, housing spaces are limited, particularly in bustling downtown neighbourhoods – a challenge that is leading some developers and tenants to repurpose overlooked spaces into unconventional homes, such as a Montreal project turning staircases into tiny housing units.
An affordable housing crisis that is hurting the Canadian government's popularity will take years to resolve, even if construction hits an 80-year high, Finance Minister Chrystia Freeland said on Saturday.
Analysists say Prime Minister Justin Trudeau’s plan to removing GST from new rental construction is a step that could help increase Canada's housing supply, but it may not be the 'silver bullet' some are looking for on affordability.
The Canadian Real Estate Association says home sales slowed last month as they tumbled by roughly four per cent between July and August.
As Prime Minister Justin Trudeau's Liberal Party and Pierre Poilievre's Conservatives both announce plans to solve the country's housing crisis, one policy analyst is warning Canada's dependence on rising home prices is one of the biggest obstacles to restoring affordability in the real estate market.
A First Nations premier would head a province for the first time in Canadian history if the New Democrats win the Oct. 3 Manitoba election, and the significance is not lost on party leader Wab Kinew.
When 19-year-old Jaxon Billyboy graduated high school in Williams Lake in June, it was a proud moment for his father Sheldon Bowe.
The suspension of Indian visa services for Canadians this week has prompted uncertainty among many who had hoped to travel to India in the near future. Here's what the visa centre closure could mean for India's sizable diaspora community in Canada, which is now caught in the middle of rising diplomatic tensions between the two countries.
One RCMP officer was killed and two others were seriously injured while police were executing a search warrant at a home in Coquitlam, B.C., Friday.
B.C. RCMP have identified the officer killed while executing a search warrant in Coquitlam Friday morning as Const. Rick O'Brien.
Rent in Brampton shot up three times faster over the last year than the national average in Canada, according to a rental report.
The Lebanese army said troops fired tear gas at Israeli soldiers in a disputed area along the tense border Saturday. No one was hurt in the incident.
A prominent Uyghur scholar specializing in the study of her people's folklore and traditions has been sentenced to life in prison, according to a U.S.-based foundation that works on human rights cases in China.
A fire and subsequent explosions at a golf ball factory in southern Taiwan killed at least five people and injured more than 100 others, and five people are still missing.
Pope Francis challenged French President Emmanuel Macron and other European leaders to open their ports to people fleeing hardship and poverty, insisting Saturday that the continent isn't facing a migration 'emergency' but rather a long-term reality that governments must deal with humanely.
Bob Menendez, 69, has survived politically for nearly five decades. The son of Cuban immigrants and an attorney by training, he was a Union City, New Jersey, school board member at age 20 -- before he graduated from law school -- and went on to become the mayor of the city. Here's some of what we know about him.
The family of a Black high school student in Texas who was suspended over his dreadlocks filed a federal civil rights lawsuit Saturday against the state's governor and attorney general, alleging they failed to enforce a new law outlawing discrimination based on hairstyles.
While the party died years ago at MuchMusic's broadcast centre on the corner of Queen and John streets in Toronto, the screening of a new documentary on Friday proved nostalgia for the nation's music station is still very much alive.
Sabato De Sarno wants people to fall in love with Gucci again, calling his debut collection 'Gucci Ancora,' Italian for 'Gucci Again.'
This week, pop culture critic Richard Crouse reviews new movies 'Dumb Money,' 'Expend4bles' and 'Stop Making Sense.'
More than five million Canadians experienced some form of mental health disorder in 2022, a new Statistics Canada study has revealed.
A Toronto woman has completed 10 triathlons in 10 provinces to raise awareness and money for Alzheimer’s research in honour of her mom and all Canadians affected by the disease.
Health Canada has issued a recall notice for the X-Lite Multi-Purpose Lighter, warning consumers about the potential fire and burn hazards associated with this product.
There was 'shared intelligence among Five Eyes partners' that informed Prime Minister Justin Trudeau's public allegation of a potential link between the government of India and the murder of a Canadian citizen, United States Ambassador to Canada David Cohen confirmed to CTV News.
During his historic visit, Ukrainian President Volodymyr Zelenskyy offered repeated thanks to Canada for its continued support for his country as it continues to defend itself from Russia's invasion. Prime Minister Justin Trudeau announced Canada will be making a $650 million 'multi-year commitment' for further Ukraine aid. Recap CTVNews.ca's minute-by-minute updates.
Nipissing MPP Vic Fedeli came to Premier Doug Ford’s defence Friday over his about-face decision not to open up the Greenbelt land for developers.
Researchers said on Tuesday they have recovered RNA from the desiccated skin and muscle of a Tasmanian tiger stored since 1891 at a museum in Stockholm.
A Calgary medical student has developed an app that allows future doctors to work on their diagnostic and communication skills before they set up their practices.
In an ultra-sterile room at a secure factory in Kansas City, U.S. government technicians refurbish the nation's nuclear warheads. The job is exacting: Each warhead has thousands of springs, gears and copper contacts that must work in conjunction to set off a nuclear explosion.
