Global shares trading mixed as markets eye U.S. interest rates
Global shares were mixed Monday, as investors eyed surging energy costs and prospects for interest rate hikes in the U.S.
Business News | CTV News | Financial News Canada
BNN Bloomberg RADIO
CURRENCY CONVERTER
REAL ESTATE
'We're scraping the bottom of the barrel': Tenants search for reasonable rental units in Halifax
Abby Tucker has been on a hunt for a new apartment for months, but keeps coming up empty. Rents are higher than she’s ever seen, she says, and the demand is 'crazy.'
Ontario retiree buys 'cheapest home in the GTA'. This is what she got
A retiree in Ontario has just purchased what is being called the 'cheapest home in the GTA'—a caboose located on a commercially zoned parking lot near Milton.
Public apology issued by B.C. township ordered to pay $350,000 for selling man's property
A small township in B.C.'s North Okanagan issued a public apology Wednesday after being ordered to pay hundreds of thousands of dollars for selling a man's property without his knowledge.
Two-thirds of Canadians concerned about rising home prices: Nanos survey
A new poll from Nanos Research has found that two-thirds of Canadians are expressing concern over rising housing prices, with concern highest among younger Canadians.
Fewer home bids easing competition for some, but prices still high: brokers
Prospective buyers who have grown tired of going up against dozens of competitors to purchase a home are starting to get some relief from the frenzy seen over the past two years.
Nova Scotia government scraps non-resident property tax
The Nova Scotia government will not move forward with its contentious non-resident property tax after all.
Windowless room barely larger than a twin mattress renting for $750 a month in downtown Vancouver
As Vancouver rents continue to skyrocket, a windowless room downtown, barely big enough to fit a single bed, is being offered for $750 per month.
Mortgage or retirement savings? Where to get the most bang for your extra bucks
The question of whether to save for retirement or pay down mortgage debt is one of the most-asked questions by homeowners with some additional cash flow, according to a wealth advisor in Toronto.
FINANCES DURING COVID-19
Government coffers fuller than expected due to higher inflation, growth: Desjardins
A new analysis of government finances across the country says revenues were much stronger than expected in the last year due to higher inflation and economic growth.
Gas could rise by five cents this week and five cents the week after, analyst says
A leading energy price expert says gas prices could go up another five cents across Canada if Russia decides to intensify its assault on Ukraine or declare all-out war come Monday.
Shipping delays are back as China's lockdowns ripple around the world
Global shipping was just starting to recover from the chaos of the pandemic. Now port congestion and delays are back and could be around for a while.
Pattie Lovett-Reid: How to handle retired parents without savings
What do you do if you suspect your parents are struggling financially and are reluctant to ask for your help? In her exclusive column for CTVNews.ca, financial expert Pattie Lovett-Reid says it’s a difficult conversation but one that has to happen.
Canadian shoppers shift to discount stores, No Name brand amid high inflation: Loblaw
Canada's biggest food retailer says people are shopping for groceries more often but buying less and shifting to discount stores as pandemic restrictions loosen and inflation soars.
Two-thirds of small business owners close to burnout, despite pandemic restrictions easing
After more than two years of rolling COVID-19 lockdowns, capacity restrictions, and supply chain disruptions, half of small business owners report difficulty coping with mental health challenges.
OPINION
OPINION | Pattie Lovett-Reid: Why is real estate so expensive in Canada?
Housing prices in Canada are still incredibly high and here is why – we are still dealing with a supply shortage in desirable locations, higher immigration levels have put pressure on demand, along with the strong desire for urban lifestyle living, especially in Toronto, Vancouver and Montreal, writes contributor Pattie Lovett-Reid.
Is the Canadian economy headed for a recession?
As inflation driven by the pandemic and Russia's war on Ukraine continue to impact the economy in Canada and around the world, there are serious concerns that a recession could be on the horizon.
From Pattie Lovett-Reid, Chief Financial Commentator
Pattie Lovett-Reid: How to handle retired parents without savings
What do you do if you suspect your parents are struggling financially and are reluctant to ask for your help? In her exclusive column for CTVNews.ca, financial expert Pattie Lovett-Reid says it’s a difficult conversation but one that has to happen.
Pattie Lovett-Reid weighs in: My spouse doesn't want to invest, what do I do?
Relationships and money can be an explosive mix, especially if you have different money mindsets, writes Pattie Lovett-Reid in her latest exclusive column on CTVNews.ca.
OPINION
OPINION | Pattie Lovett-Reid: Why is real estate so expensive in Canada?
Housing prices in Canada are still incredibly high and here is why – we are still dealing with a supply shortage in desirable locations, higher immigration levels have put pressure on demand, along with the strong desire for urban lifestyle living, especially in Toronto, Vancouver and Montreal, writes contributor Pattie Lovett-Reid.
Pattie Lovett-Reid: CRA is watching cryptocurrency trades. Here's what you need to know
The popularity of trading in digital currency has grown to such an extent that the Canada Revenue Agency has taken notice, writes Pattie Lovett-Reid in her latest exclusive column on CTVNews.ca.
Pattie Lovett-Reid: What you need to know to avoid a tax audit
It is best to avoid an income tax audit at all costs, writes Pattie Lovett-Reid in her latest exclusive column on CTVNews.ca.
Pattie Lovett-Reid: How can you leverage the 'Great Resignation' to land your dream job?
If you feel stuck in a rut at work, it might be time to get to know yourself a little better, writes Pattie Lovett-Reid in her latest exclusive column on CTVNews.ca.
Pattie Lovett-Reid: What millennials need to know about retirement savings
While many millennials may feel stopping working is a distant or even impossible prospect, CTV's chief financial commentator Pattie Lovett-Reid explains how a little saving today can pave the way to a more comfortable retirement doing the things you've dreamt of.
Pattie Lovett-Reid: Time to detox your finances
A little financial detox in February could do the trick to bring you back into balance, CTV's chief financial commentator Pattie Lovett-Reid writes.
Pattie Lovett-Reid: The pandemic brought financial lessons, but did Canadians notice?
The number of bankruptcies and insolvencies in Canada is down year-over-year, but as CTV's chief financial commentator Pattie Lovett-Reid writes in her latest column in CTVNews.ca, that decline might not last for much longer.
BNN Bloomberg features
Canada
-
Red River is receding, more than 2,000 evacuees still displaced by Manitoba flood
While the Red River is starting to recede in southern Manitoba, flood waters linger in communities and more than 2,000 people are still displaced.
-
Inquest to begin in N.B. police shooting of Indigenous woman during wellness check
The lawyer for the family of a British Columbia Indigenous woman fatally shot by police in Edmundston, N.B., during a wellness check two years ago said a coroner's inquest opening Monday offers a chance for her loved ones to get long-awaited answers.
-
Justice advocate David Milgaard remembered as champion for those who 'don't have a voice'
Justice advocate David Milgaard, a man who was wrongfully convicted of murder and spent more than two decades in prison, has died.
-
Coming home: Cirque du Soleil returns to Montreal for the first time since the start of the pandemic
After months perfecting the most daring tricks and flips, it was an emotional return to the stage in Montreal this week for Cirque du Soleil’s artists, finally performing again in the province where the famous circus was born.
-
Lawyers frustrated with mass shooting inquiry in Nova Scotia as deadlines loom
Eighteen months after a public inquiry was established in Nova Scotia to investigate the worst mass shooting in modern Canadian history, lawyers representing most of the 22 victims say they are troubled about its slow progress and lack of witness testimony.
-
Project Moon Woman: Officer with Alberta's Blood Tribe fights human trafficking
It took a few years on the jobfor Const. Jennaye Norris to realize the Blood Tribe in southern Alberta has a human trafficking problem.
World
-
California churchgoers detained gunman in deadly attack
A man opened fire during a lunch reception at a Southern California church on Sunday before being stopped and hog-tied by parishioners in what a sheriff's official called an act of 'exceptional heroism and bravery.'
-
Buffalo shooter targeted Black neighbourhood, officials say
The white 18-year-old who shot and killed 10 people at a Buffalo supermarket had researched the local demographics and drove to the area a day in advance to conduct reconnaissance with the intent of killing as many Black people as possible, officials said Sunday.
-
'Hero' guard, church deacon among Buffalo shooting victims
Aaron Salter was one of 10 killed in an attack whose victims represented a cross-section of life in the predominantly Black neighbourhood in Buffalo, New York. They included a church deacon, a man at the store buying a birthday cake for his grandson and an 86-year-old who had just visited her husband at a nursing home.
-
Ukraine updates: Ukraine says strikes on hospital kill 2
What's happening in the war in Ukraine on Monday: A Ukrainian military commander in the eastern Luhansk region says strikes overnight hit a hospital in Severodonetsk, killing two and injuring nine, including a child. Overnight strikes also hit other towns.
-
Kim blasts pandemic response as North Korean outbreak surges
North Korean leader Kim Jong Un criticized officials over slow medicine deliveries and mobilized the military to respond to a surge in suspected COVID-19 infections, as his nation struggled to contain a fever that has reportedly killed dozens and sickened nearly a million others in a span of three days.
-
Melania Trump teases second term as first lady in first interview since leaving White House
In Melania Trump's first interview since leaving the White House, the former first lady hinted that there is a chance she could live there again as former U.S. President Donald Trump teases a 2024 reelection bid.
Entertainment
-
Juno Awards celebrate Avril Lavigne, Deborah Cox and host Simu Liu's many talents
Sunday night's Juno Awards, hosted by 'Shang-Chi' star Simu Liu, honoured Canadian artists such as Avril Lavigne and Montreal singer-songwriter Charlotte Cardin
-
Indigenous dancers hit the stage in life-changing youth show
Arriving in Toronto from across the country, more than 110 young Indigenous dancers hit the stage for an annual performance that has changed the lives of many First Nations youth.
-
'Doctor Strange 2' holds top spot 2nd weekend in a row
'Doctor Strange in the Multiverse of Madness' stayed on top of the box office charts during its second weekend in theatres, earning an additional US$61 million from North American theatres, according to studio estimates Sunday.
Health
-
U.S. baby formula shortage fuelling spike in milk bank interest
The U.S. baby formula shortage has sparked a surge of interest at milk banks around the U.S. with some mothers offering to donate breast milk and desperate parents calling to see if it's a solution to keep their babies fed.
-
Canada seeing some baby formula shortages, but store brands, interim policy on other imports helping
A major infant formula recall by the U.S. manufacturer of Similac has exacerbated ongoing pandemic-related supply issues for some Canadian retailers, according to the Retail Council of Canada, while other stores have generally been able to keep shelves stocked, with any shortages mostly temporary.
-
Tips for Canadian parents who may be worried about a baby formula shortage
A serious infant formula shortage in the United States caused by a major recall has left American parents going to great lengths to ensure they have enough supply for their babies, leaving some wondering if the same could happen in Canada.
Politics
-
Patrick Brown says social conservatives would have a place in a party led by him
Conservative Party leadership candidate Patrick Brown says social conservatives would have a place in a party led by him but that he stands firm on his views on topics such as abortion.
-
From Poilievre's banking pledges to absent climate talk, former PM Campbell questions direction of Conservative Party
Amid discussions about the battle for the soul of the Conservative Party, former Prime Minister Kim Campbell says without leadership on policies such as climate change, the party's identity will remain in question.
-
Law barring use of extreme intoxication as criminal defence unconstitutional: SCC
Canada's highest court has ruled that the law barring the use of automatism, or a state of extreme intoxication, as a defence for some crimes is unconstitutional and called on Parliament to consider new legislation.
Sci-Tech
-
Whale shark study finds collisions with large vessels may be factor in population decline
A new study out of the United Kingdom is pointing to collisions with large marine vessels as a possible reason for the years-long decline in whale shark populations.
-
Here's how to watch Sunday's 'super flower blood moon' lunar eclipse
Sky watchers will be treated to a 'super blood moon' as a total lunar eclipse coinciding with a supermoon is expected to be visible across most of Canada on Sunday night. CTVNews.ca has some tips on how to catch the astronomical event.
-
Fossils of a dinosaur that inspired 'Jurassic Park' sold for over US$12 million
His name is Hector, he's over 100 million years old, and his fossils sold for more than US$12 million in auction at Christie's. Hector is the most complete skeleton of Deinonychus antirrhopus ever found, according to Christie's.