Stocks fall broadly, head for worst quarter since early 2020
Stocks fell broadly in midday trading on Wall Street Thursday and are on track to cap off their worst quarter since the early days of the pandemic.
Business News | CTV News | Financial News Canada
Business
BNN Bloomberg RADIO
CURRENCY CONVERTER
YOUR FINANCES
Stocks are down, but here's why experts say you shouldn't panic
As stocks continue to slump, it can be easy to let your emotions take over if you've got money invested in the market. But experts agree that there's no need to panic if you're invested in the right type of portfolio with the right level of risk.
My landlord is increasing my rent – what should I do?
With increasing rent prices likely to be the reality for many Canadian tenants, some may be wondering how to navigate rising costs, or whether any course of action can be taken, if any. Legal experts across the country share their advice on how to handle a rent hike.
What your Canada Day BBQ will cost with hot inflation
The Canada Day long weekend is the perfect time for burgers on the grill, cold drinks and time with family and friends. Yet a backyard barbecue comes with a bigger price tag this year as food prices soared 9.7 per cent in May.
New clean fuel regulations to raise gas prices, affect low-income Canadians most
New federal regulations to force down the greenhouse gas emissions from gasoline and diesel will cost Canadians up to 13 cents more per litre at the pump by 2030.
OPINION
OPINION | Should you still be saving money with inflation at 7.7 per cent?
With inflation reaching a 40-year high, many Canadians have been left in a state of worry. Not only about the rising prices of consumer goods, but whether or not they should continue to save money. It’s not such a simple question, and it depends greatly on your circumstances, contributor Christopher Liew explains in an exclusive column for CTVNews.ca.
Almost half of Canadians are doing worse financially than the previous year: survey
As inflation rates soar to the highest they've been in Canada in nearly forty years, nearly half of Canadians say that right now, they're doing worse financially than they were at this time last year.
Here's how to save on your next grocery order, according to Canadian couponers
As Canada’s inflation soars, two ‘extreme couponers’ offer their advice on how to save at the grocery store.
4 things Canadians can do to save money on their groceries during inflation
With Statistics Canada reporting a 9.7 per cent increase in food costs over the last year, Canadians are being pushed to find ways to pinch pennies at the grocery stores. Here are some ways to save.
REAL ESTATE
My landlord is increasing my rent – what should I do?
With increasing rent prices likely to be the reality for many Canadian tenants, some may be wondering how to navigate rising costs, or whether any course of action can be taken, if any. Legal experts across the country share their advice on how to handle a rent hike.
Ontario increases amount landlords can raise rent by highest level in a decade
Ontario is more than doubling the maximum rate a landlord can raise a tenant's rent next year – marking the highest rent increase guideline in the province in a decade.
Housing: Millions more homes need to be built to reach affordability, CMHC says
The Canada Mortgage and Housing Corp. (CMHC) says 3.5 million more homes need to be built by 2030 to reach affordability.
Toronto rent prices rose 20 per cent over the last year
Toronto rent prices have risen by 20 per cent over the last year and are now approaching where they were prior to the onset of the COVID-19 pandemic.
Nearly half of Canadian renters expect to stay tenants indefinitely: survey
Almost half of Canadians who rent say they will continue to do so indefinitely and aren't sure when they'll be able to get into the housing market, says a new survey.
These are the most expensive Canadian cities to rent a home
A new report outlines the most expensive places in Canada to rent in June, including cities like Toronto and Vancouver averaging over $1,800 a month for a one-bedroom apartment.
New survey reveals how many Ontarians can't afford a house in their own city
The dream of home ownership for many Ontarians may never become a reality, according to a new survey.
With fewer people taking transit, Vancouver's TransLink gets into the real estate business
TransLink is turning to real estate development as a way to bring in the money it needs for expansion plans, as it deals with the impact of years of decreased ridership.
BNN Bloomberg features
Canada
-
Poilievre joins soldier protesting COVID-19 mandates in march through Ottawa ahead of Canada Day
Canadian Forces veteran James Topp was joined by Conservative Party leadership candidate Pierre Poilievre on his march through Ottawa today, as part of the final leg of his cross-country march to protest COVID-19 vaccine requirements.
-
LIVE @ 3:30 PDT
LIVE @ 3:30 PDT | Saanich police to provide live update on bank shooting
Saanich police will hold another update on a deadly shooting that took place on Tuesday afternoon, leaving two suspects dead and six officers with gunshot wounds.
-
After 'Freedom Convoy,' Canadian flag has taken on new meaning for some this year
The 'Freedom Convoy' demonstrations that gridlocked the streets of Ottawa in February may seem a long way off in the July sun, but the memory of protesters draped in flags, waving them while singing the national anthem and hanging them from the trucks whose horns blared day and night is still fresh for locals.
-
Quebec group goes to court over Governor General's lack of French
A group of Quebecers is going to court to argue that Mary Simon's appointment as governor general should be invalidated because she isn't fluent in French.
-
Missing luggage has become flight passengers’ latest headache amid flight delays
Exasperating delays at airports are increasing claims of lost or missing baggage, which one aviation expert blames on staff shortages.
-
Canada's top doctor says talks underway to obtain more vaccine to fight monkeypox
Canada's top doctor says negotiations are underway for more vaccine to curtail monkeypox as confirmed cases reached 278 nationwide.
World
-
Marcos takes helm in Philippines, silent on father's abuses
Ferdinand Marcos Jr., the namesake son of an ousted dictator, praised his father's legacy and glossed over its violent past as he was sworn in as Philippine president Thursday after a stunning election victory that opponents say was pulled off by whitewashing his family's image.
-
Texas woman accused in cyclist death arrested in Costa Rica
A Texas woman suspected in the fatal shooting of professional cyclist Anna Moriah Wilson at an Austin home has been arrested in Costa Rica, the U.S. Marshals Service said Thursday.
-
New Zealand designates Proud Boys a terrorist organization
New Zealand's government has declared that American far-right groups the Proud Boys and The Base are terrorist organizations.
-
Poland completes Belarus border wall to keep migrants out
A year after migrants started crossing into the European Union from Belarus to Poland, Polish Prime Minister Mateusz Morawiecki and top security officials visited the border area on Thursday to mark the completion of a new steel wall.
-
Los Angeles County votes to return beach property taken from Black owners in Jim Crow era
A stretch of prime Southern California beachfront real estate was returned to the descendants of its Black owners Tuesday, nearly a century after the parcel was taken by the city of Manhattan Beach.
-
Russian forces leave Snake Island, keep up eastern assault
Russian forces withdrew from a strategic Black Sea island Thursday, potentially easing the threat to the vital Ukrainian port city of Odesa, but kept up their push to encircle the last stronghold of resistance in the eastern province of Luhansk.
Entertainment
-
Kanye West sued over claim of illegal sample on 'Donda 2'
Rapper, producer and entrepreneur Kanye West, who legally changed his name to Ye last year, was sued on Wednesday for allegedly sampling a song by musician Marshall Jefferson without permission.
-
Sam Asghari on his 'surreal' marriage to Britney Spears
Sam Asghari opened up about his marriage to the 'amazing' Britney Spears in his first interview since their June wedding.
-
Cameron Diaz is coming out of retirement, thanks to Jamie Foxx
After an eight-year hiatus, Cameron Diaz is making movies again. Diaz, who officially confirmed her retirement from Hollywood in 2018, is set to star in the new Netflix film 'Back in Action,' alongside Jamie Foxx. The two previously starred together in 2014's 'Annie,' Diaz's last feature film appearance.
Health
-
Nutrition warnings coming to front of pre-packaged food in Canada; ground meat exempt
Canada will require that companies add nutrition warnings to the front of pre-packaged food with high levels of saturated fat, sugar or sodium in an effort to help grocery shoppers make healthier choices with just a glance.
-
Montreal toddler with rare blood disorder desperately needs stem cell donation
A social media campaign to help find a compatible stem cell donor for a four-year-old girl in Montreal is putting a spotlight on the lack of diversity in donor lists.
-
TikTok invitations to abortion-seekers well-intentioned but misguided, say advocates
Canadians are inviting abortion-seekers from the U.S. with algorithm-friendly code words such as 'camping' or 'shopping.' Despite the best intentions, however, abortion advocates say these personal gestures of hospitality raise safety and privacy concerns.
Politics
-
Poilievre joins soldier protesting COVID-19 mandates in march through Ottawa ahead of Canada Day
Canadian Forces veteran James Topp was joined by Conservative Party leadership candidate Pierre Poilievre on his march through Ottawa today, as part of the final leg of his cross-country march to protest COVID-19 vaccine requirements.
-
Where do the inquiries into the 'Freedom Convoy' protests and use of Emergencies Act stand?
Five months ago, the first 'Freedom Convoy' trucks rolled into Ottawa. After the federal government took the unprecedented step of invoking the Emergencies Act to end the protests, a series of inquiries and probes have been initiated. With the nation's capital bracing for more protests over the Canada Day weekend, CTVNews.ca takes a look at where the main commissions and studies stand.
-
More Canadian troops headed to Latvia, Trudeau says at NATO summit
Canada will be sending more troops to Latvia as part of a pledge to upgrade and strengthen the NATO battlegroup it is leading there, Prime Minister Justin Trudeau said on Thursday.
Sci-Tech
-
'Permanent bone loss': Calgary study finds astronauts suffer on return to Earth
The TBone study, conducted over a seven-year period starting in 2015, found that prolonged weightlessness accelerated bone loss in the astronauts.
-
Pair of orcas targeting great white sharks off South Africa's coast
A pair of orcas drove great white sharks away from a stretch of South African coast after killing five sharks over just a few months in 2017, according to a new study.
-
Instagram hides some posts that mention abortion
Instagram is blocking posts that mention abortion from public view, in some cases requiring its users to confirm their age before letting them view posts that offer up information about the procedure.