A small business lobby group says commercial bankruptcies are rising in Canada and even more small businesses are at risk of closure.
Canadian department store Zellers hopes to make a comeback next year, a decade after the discount chain shuttered most of its locations., brand owner Hudson's Bay Co. said Wednesday.
Gains in the energy and base metal sectors helped lift Canada's main stock index higher in late-morning trading as the price of oil climbed higher and U.S. stock markets put in a mixed showing.
Canadians are recalling their fondest memories of shopping at Zellers as plans for its return are announced nearly a decade since its doors closed.
At a time of high inflation, questions about what cards to use, how much local cash to withdraw and which currency conversion services to avoid are particularly valuable. Here's what to know when seeking cost-effective methods of spending money overseas.
Young adults have been a strong factor in luxury product growth, but new data shows economic trends are disproportionately impacting the extra funds that those born between 1996 and 2012 might use to enter the world of luxury.
Hundreds of Google employees are petitioning the company to extend its abortion healthcare benefits to contract workers and to strengthen privacy protections for Google users searching for abortion information online.
Turkey's central bank on Thursday lowered its key interest rate despite inflation surging to nearly 80 per cent and making it difficult for people to buy what they need, falling in line with the unorthodox economic views of the country's president.
TD Bank Group's proposed takeover of Memphis-based First Horizon Bank is the issue before a public meeting Thursday where community members are being given a forum to voice their opinions on the deal.
Sri Lanka's central bank chief said Thursday he is hopeful the crisis-ridden island nation can reach a preliminary agreement that could lead to a bailout package with the International Monetary Fund when officials from the financial institution visit Sri Lanka later this month.
Britain's inflation rate rose to a new 40-year high of 10.1 per cent in July, a faster pace than in the U.S. and Europe as climbing food prices in the United Kingdom tightened a cost-of-living squeeze fuelled by the soaring cost of energy.
Having seen eight coaches come and go in less than 10 years, Manchester United fans know their false dawns. Wednesday shed a different light on strife at the giant football club: Elon Musk said he was buying it -- and then said it was all a joke.
A Seattle CEO who announced in 2015 that he was giving himself a drastic pay cut to help cover the cost of big raises for his employees has announced his resignation.
CTVNews.ca has compiled a list of homes in some of the most affordable regions across Canada, as many real estate markets see drops in average prices.
The next time the Bank of Canada raises interest rates on the scheduled date of September 7, 2022, it could potentially trigger a recession. Although there may be a chance that we don’t enter into a recession and the BoC is still hoping for a soft landing, it’s best to be prepared. Contributor Christopher Liew explains how.
Rising interest rates might be bad news for Canadians with mortgages, but it also means higher rates on savings vehicles such as guaranteed investment certificates (GICs), prompting renewed interest in the investments.
Factors beyond your control, like inflation or supply chain shortages, can limit your access to the things you need and make it harder to achieve your financial goals.
Amid high inflation and rising cost of living, a person's relationship status can impact their finances. There are five ways in which flying solo can put you at a financial disadvantage and a few ways to mitigate them.
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.
Following a series of interest rate hikes, Canada's housing market is now facing a 'historic' correction. CTVNews.ca wants to hear from Canadians looking to buy or sell homes in a changing market landscape.
With inflation rising at its fastest pace in nearly 40 years, the cost of everything from food to gas has skyrocketed. Canadians across the country are feeling squeezed, but big families with multiple children are at times shouldering much of the higher costs — and changing demographics and consumer patterns have left some of them more exposed to inflation than in previous generations.
Canada's average resale home price fell 4.5% from a year ago in July and was down 5.4% on the month as buyers continued to sit on the sidelines amid rising borrowing costs.
Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts.
After a series of interest rate hikes implemented by the Bank of Canada, housing markets are now facing a 'significant' correction. CTVNews.ca spoke to Canadians who are now struggling to make the goal of purchasing a home, or selling one, a reality.
Finding herself unable to afford her rent, a Vancouver woman was desperate to stay in her suite – so she crammed into the corner of her living room and posted an ad looking for a roommate to share the small space with her and her three rabbits.
A home in Steinbach built too close to a neighbour's is allowed to stay where it is after city council said the builder made an 'honest mistake.'
British Columbia's acting attorney general says the province was 'clear' with Vancouver officials that the Crown corporation responsible for subsidized housing does not have enough spaces available for people who are being told to dismantle their tents along a street in the city's Downtown Eastside.
In its latest residential real estate outlook published on Thursday, Desjardins says it's expecting a sharp correction in the housing market, adjusting its previous forecast that predicted a 15-per-cent drop in the average home price over that same period.
The next phase of Ontario's 'Plan to Stay Open' involves transferring of seniors from hospital to alternative long-term care homes, the hiring of thousands of health-care workers and a pledge to reduce surgical backlog.
Tensions are high at a historic church in Ottawa's Lowertown neighbourhood in an apparent dispute over unpaid rent between the property owner and the group with ties to the ‘Freedom Convoy’ occupation planning to purchase the property this fall.
Pope Francis is declaring that there is not enough evidence to open a canonical investigation for sexual assault against Quebec Cardinal Marc Ouellet. The pontiff made the statement Thursday through the director of the Holy See press office.
Wednesday’s heat wave, which gripped much of southern British Columbia, broke a number of temperature records in the province.
In the wake of the Hockey Canada scandal, some advocates are calling for the use of non-disclosure agreements to be banned or restricted in settlement agreements in cases involving abuse.
Local authorities in British Columbia's Okanagan region say all evacuation orders around the so-called Keremeos Creek wildfire near Penticton have been rescinded.
A top executive at former U.S. President Donald Trump's family business pleaded guilty Thursday to evading taxes in a deal with prosecutors that could potentially make him a star witness against the company at a trial this fall.
A grand jury has indicted the man who stabbed Salman Rushdie as the acclaimed author prepared to give a talk in western New York, county prosecutors said Thursday.
Violent thunderstorms and hurricane-force winds left at least seven dead Thursday in France and Italy.The storm produced gusts of more than 220 kph (136 mph) in some areas
Russian President Vladimir Putin signed a decree on Monday that revived the Soviet-era 'Mother Heroine' award for women with 10 children or more, in an apparent attempt to alleviate a demographic crisis in the country.
A bombing at a mosque in the Afghan capital of Kabul during evening prayers killed at least 21 people, including a prominent cleric, and wounded at least 33 others, eyewitnesses and police said Thursday.
Actor Anne Heche died from inhalation injury and burns after her fiery car crash and the death was ruled an accident, according to coroner's results released Wednesday.
In February 2021, actors Ryan Reynolds and Rob McElhenney took over Wrexham Association Football Club, a small team from the north of Wales, and now they're releasing a documentary about their journey.
R. Kelly kept an ugly side of his life hidden as he escaped poverty in Chicago and rose to pop music stardom, a prosecutor told jurors Wednesday at the singer's trial on charges accusing him of enticing girls for sex and rigging a 2008 child pornography case.
A discovery by a team of B.C. researchers may lead to improved COVID-19 treatment options that are effective against several variants of the disease.
A nationwide shortage of liquid Children’s Tylenol is also impacting generic chewables, with Quebec-based Laboratoire Riva reporting a shortage due to rising demand.
Prime Minister Justin Trudeau is resuming his summer politicking tour today with a trip to Quebec's Gaspe Peninsula.
Parliamentary interpreters say the quality of translation and health of bilingual debate in the House of Commons could suffer if the Translation Bureau of Canada follows through on plans to bring in non-accredited interpreters.
The federal government is adding new passport service locations across Canada as a backlog in processing applications continues.
Amazon appears to be getting the TikTok bug, joining other companies seeking to hold consumers' attention by introducing replicas of the popular social platform.
NASA's new moon rocket arrived at the launch pad Wednesday ahead of its debut flight in less than two weeks.
Almost 100 years after its extinction, the Tasmanian tiger may live once again. Scientists want to resurrect the striped carnivorous marsupial, officially known as a thylacine, which used to roam the Australian bush.