Losses in the energy sector helped lead Canada's main stock index lower in late-morning trading as it fell more than 100 points, while U.S. markets also fell ahead of the U.S. Federal Reserve's latest interest rate decision this afternoon.
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.
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 130,000 Helly Hansen sweaters and hoodies have been recalled in Canada due to flammability concerns.
An Alberta First Nation is to sign an agreement today with Ottawa giving it the autonomy to administer its child welfare.
A long-time CBC radio producer who was the victim of a random assault in Toronto last week has died, the public broadcaster confirms.
Tsuut'ina Nation Police Service officials are encouraging any local victims to come forward following the arrest of actor Nathan Lee Chasing Horse in Las Vegas on sex assault charges.
Health Canada is encouraging Canadians to check their cupboards and kitchen tables as the agency has recalled more than 30 types of Indigo-branded items including ceramic mugs, mug ornaments and houseware products due to potential mould contamination.
Taiwan scrambled fighter jets, put its navy on alert and activated missile systems in response to nearby operations of 34 Chinese military aircraft and nine warships that are part Beijing's strategy to unsettle and intimidate the self-governing island democracy.
A couple abandoned their baby at an airport check-in desk in Tel Aviv, Israel after arriving without a ticket for the child.
Donald Trump's bid for the Republican presidential nomination in 2024 got off to a modest fundraising start, with his campaign ending the year with about US$7 million on hand while his Save America fund had about $18 million, according to financial disclosures released on Tuesday.
The FBI searched U.S. President Joe Biden's vacation home in Rehoboth Beach, Delaware, on Wednesday without finding any classified documents, the president's attorney said. Agents did take some handwritten notes and other materials relating to Biden's time as vice president for review.
Newly empowered House Republicans are preparing to oust an African-born Black lawmaker, Democratic Rep. Ilhan Omar, from the Foreign Affairs Committee over comments she has made critical of Israel -- and as payback after Democrats booted far-right Republicans from panels for incendiary, violent remarks.
A Romanian court on Wednesday upheld a second 30-day detention for the divisive influencer and former professional kickboxer Andrew Tate who is held on suspicion of organized crime and human trafficking, an official said.
Beyonce is taking her "Renaissance" global -- the superstar will start a world tour in Sweden in May with stops throughout Europe and the United States.
Tsuut'ina Nation Police Service officials are encouraging any local victims to come forward following the arrest of actor Nathan Lee Chasing Horse in Las Vegas on sex assault charges.
Prosecutors linked Alec Baldwin to an expansive list of alleged failures in firearms safety as they filed a felony involuntary manslaughter charge Tuesday against the actor in the fatal shooting of a cinematographer on a New Mexico movie set.
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 new report from the Heart and Stroke Foundation of Canada is highlighting 'significant inequities' in women's health care that is disproportionately affecting racialized and Indigenous women, members of the LGBTQ2S+ community and those living with low socioeconomic status.
The U.S. Centers for Disease Control and Prevention is urging health care providers and consumers to stop using EzriCare Artificial Tears as it conducts an investigation into at least 50 infections in 11 states that have led to instances of permanent vision loss, hospitalization and one death.
Candice Bergen, the former interim leader of the Conservative Party of Canada, is resigning from Parliament.
Prime Minister Justin Trudeau says Canada's new special representative on combating Islamophobia is the perfect person to help Canadians grapple with difficult conversations about religion.
Conservative MP Michelle Rempel Garner is raising concerns over the federal government's spending on so-called COVID-19 quarantine hotels, calling the total spent on a Calgary-area hotel in 2022 'legitimately flabbergasting.'
In 2022, San Francisco-based Yelp removed more than 2,000 racist business reviews before they went online -- a nearly 10-fold jump over the year before.
A Halifax university will use its ground-penetrating radar to help a United States defence agency identify and recover the remains of military personnel lost on battlefields.
A chance discovery in a Canadian laboratory could help extend the life of laptop, phone and electric car batteries.
