U.S. stocks rise as investors await latest inflation updates
Stocks rose broadly in morning trading on Wall Street Monday as investors prepare for a busy week of updates on inflation.
Business News | CTV News | Financial News Canada
Business
BNN Bloomberg RADIO
CURRENCY CONVERTER
YOUR FINANCES
How to get into the housing market if you're gen Z or millennial
For millennial and gen Z Canadians, owning a home in this real estate market might seem like a pipe dream. In an exclusive column for CTVNews,ca personal finance contributor Christopher Liew offers some strategies to consider if you can’t afford the housing market yet.
Old age security increase leaves out many seniors, non-profit says
The Canadian Association for Retired Persons is raising alarms about the increase in old age security only being made eligible for those 75 and above.
Rising cost of living taking toll on Canadians living off disability benefits
The rising cost of living is exacerbating the challenge for many Canadians living on fixed disability income to pay for food and housing.
Savings are slowly dripping away as deposit interest lags far behind inflation
The savings accounts of Canadians have sprung a leak. As inflation tops eight per cent, anyone with money in the bank is seeing their savings drip away at the fastest rate on record because interest rates for savings accounts, still largely languishing at around one per cent, haven't kept up.
Cost-of-living increases have Canadian parents worried about opportunities for their children
With inflation at a nearly 40-year high, Canadians are feeling the financial strain. In a six-part series this summer, people at different stages of their lives detail where they're being hit the hardest.
Buying vs. renting: Should the ultimate goal be to own real estate?
While there are many perks to owning a property, renting your home comes with benefits as well. So, how should you decide whether to buy or rent your home? Personal finance columnist Christopher Liew breaks it down in an exclusive column for CTVNews.ca.
After pandemic pivots, where have Canadian workers gone?
Restaurants, airlines, schools and nursing homes are at the sharp end of a labour crunch that's afflicted employers all year long. Others, grappling with burnout in precarious or stressful work environments, simply walked away. So if workers are leaving their jobs, where are they going?
Canadian economy avoids contraction in May, economists expect continued slowdown
The Canadian economy stayed flat in May, with growth slowing down as businesses continue to face supply constraints and rising interest rates, though economists say the current cycle of interest rate increases is expected to continue into the fall.
REAL ESTATE
How to get into the housing market if you're gen Z or millennial
For millennial and gen Z Canadians, owning a home in this real estate market might seem like a pipe dream. In an exclusive column for CTVNews,ca personal finance contributor Christopher Liew offers some strategies to consider if you can’t afford the housing market yet.
Housing correction in Toronto could end up becoming 'one of the deepest of the past half a century,' RBC warns
A housing correction which has already led to four consecutive months of price declines in the previously overheated Greater Toronto Area market could end up becoming 'one of the deepest of the past half a century,' a new report from RBC warns.
This Scottish island is more affordable than average homes in some of Canada's major cities
An entire Scottish island, with a six-bedroom house, a helipad and a lighthouse, has gone on sale for a price substantially lower than the average asking price of homes in major Canadian cities.
GTA home sales down 47% from last year, 24% from June: Toronto Real Estate Board
The moderation of the Greater Toronto Area's housing market intensified last month as the region's real estate board found July sales fell 47 per cent from the same time last year and 24 per cent from this past June.
Buying vs. renting: Should the ultimate goal be to own real estate?
While there are many perks to owning a property, renting your home comes with benefits as well. So, how should you decide whether to buy or rent your home? Personal finance columnist Christopher Liew breaks it down in an exclusive column for CTVNews.ca.
Vancouver's housing market has entered a 'new cycle.' Here's what that means.
Vancouver's housing market has, according to the local real estate board, entered a "new cycle marked by quieter home buyer demand."
Occupancy exceeded: Banff, Alta., home possessed more than 40 beds
Alberta Health Services has issued an enforcement order against a Banff home after an inspection discovered that as many as 42 people were staying inside the property, saying the maximum number of occupants of the facility 'was exceeded.'
'Historic' housing correction is underway in Ontario, RBC says. This is how much prices could fall
A 'historic' housing correction is now underway in Canada and costlier markets in Ontario and British Columbia are likely to be the 'epicentre' of the downturn, a new report from RBC suggests.
BNN Bloomberg features
Canada
-
Environment Canada extends heat warnings for several provinces across the country
Environment Canada has extended heat warnings in a number of provinces, as unseasonably hot conditions continue across the country.
-
Forest fire has been burning for close to two weeks in central Newfoundland
A state of emergency remains in place for central Newfoundland, as well as a provincewide outdoor fire ban, as a long-burning forest fire continues to grow.
-
Masks will not be mandatory in Ontario schools next semester
Students in Ontario schools will not be required to wear masks come the fall semester, the Ministry of Education confirmed Monday.
-
CRA says it has $1.4 billion in uncashed cheques sitting in its coffers
The Canada Revenue Agency says it will be sending e-notifications about uncashed cheques to 25,000 Canadians this month.
-
Man found dead in trash during Montreal east-end recycling collection
Montreal police are investigating the suspicious death of a man discovered in a bin during recycling collection in Hochelaga-Maisonneuve Monday morning.
-
No damage reported after 4.6 magnitude earthquake off Vancouver Island
A 4.6 magnitude earthquake has struck off the coast of Vancouver Island.
World
-
As Israel-Palestinian truce holds, Gaza power plant restarts
With a ceasefire between Israel and Palestinian militants holding after nearly three days of violence, Gaza's sole power plant resumed operations Monday as Israel began reopening crossings into the territory.
-
Albuquerque police seek car in killings of 4 Muslim men
Authorities investigating whether the killings of four Muslim men are connected said Sunday that they need help finding a vehicle believed to be connected to the deaths in New Mexico's largest city.
-
Alex Jones lawyer could face legal consequences for phone records release
The lawyer defending conspiracy theorist Alex Jones in a Texas trial drew his own national headlines for accidentally handing over highly-sensitive data to his adversaries, opening him up to potential legal consequences.
-
Fire engulfs historic wooden bridge in southern China
Authorities are investigating the cause of a fire that engulfed a covered wooden bridge with 900 years of history in southeastern China over the weekend.
-
UN chief urges nuke powers to abide by no-first-use pledge
United Nations Secretary-General Antonio Guterres on Monday urged countries with nuclear weapons to stick to their no-first-use commitment of their atomic arsenals, warning that the nuclear arms race has returned amid growing international tension.
-
U.S. official says Solomon Islands leader 'missed opportunity'
The U.S. deputy secretary of state said Monday the prime minister of the Solomon Islands 'missed an important opportunity' by failing to attend a memorial service to mark the anniversary of a key Second World War battle, amid concerns the South Pacific island nation is building closer ties with China.
Entertainment
-
Britney Spears addresses Kevin Federline's claims about her relationship with their sons
Britney Spears is saddened by her ex-husband's recent comments about her relationship with their teenage sons.
-
Anne Heche is in stable condition after a fiery car crash at a Los Angeles home
Anne Heche is in stable condition Sunday, two days after the car she was driving crashed into a home and became engulfed in flames, a representative for the actress said.
-
Brad Pitt's 'Bullet Train' pulls into station with US$30.1M
The stylized action romp 'Bullet Train,' starring Brad Pitt, arrived with a US$30.1 million opening weekend, according to studio estimates Sunday, as the last big movie of Hollywood's summer recovery landed in theatres.
Health
-
Monkeypox in the U.S.: Where could it spread next?
The United States declared monkeypox a public health emergency last week, an effort to bolster the U.S. response to contain the outbreak.
-
Monkeypox in Canada: Tracking where the cases are
The Public Health Agency of Canada is tracking the publicly reported cases of monkeypox across the country, updating the number of confirmed infections in each province and territory on a weekly basis.
-
Children with headache disorders report worse symptoms, mood during pandemic: study
A new study has found children who suffer from headache disorders have been experiencing more frequent pain and worse anxiety during the COVID-19 pandemic.
Politics
-
WATCH LIVE
WATCH LIVE | RCMP's use of spyware tools prompts privacy commissioner to call for updated privacy laws
Canada's privacy commissioner says the belated disclosure that RCMP has for years been using spyware capable of accessing cell phone and computer microphones, cameras and other data as part of major investigations, is a clear example of why Canada's Privacy Act needs updating.
-
Tory leadership hopefuls say it's time for unity, here's what some say that means
In a contest largely seen as a battle for the Conservative Party of Canada's soul, which has put decades-old fissures on display between groups that make up its very coalition, what might it take to achieve unity after results are revealed Sept. 10?
-
Ottawa on track to spend $200M per year on cannabis for veterans
Ottawa is reimbursing a record number of veterans for medical marijuana, with new figures showing the federal government shelled out more than $150 million in the last fiscal year -- more than double the amount just three years ago.
Sci-Tech
-
Talks to revive Iran nuclear deal end, produce 'final text'
Talks to revive Tehran's tattered nuclear accord with world powers in Vienna ended Monday as the parties closed a final text and the Iranian negotiator prepared to return to his capital, diplomats said.
-
New Pompeii finds highlight middle-class life in doomed city
A trunk with its lid left open. A wooden dishware closet, its shelves caved in. Three-legged accent tables topped by decorative bowls. These latest discoveries by archaeologists are enriching knowledge about middle-class lives in Pompeii before Mount Vesuvius' furious eruption buried the ancient Roman city in volcanic debris.
-
Best time to see the Perseids meteor shower could be this weekend
While the peak of the Perseids meteor shower, one of the brightest of the year, may be next week, now may be the best time to see the astronomical event, according to The Weather Network.