Slate Office REIT has defaulted on $158-million worth of debt, complicating management’s restructuring plan that involved selling off properties to generate cash for debt repayment. To...
Open this photo in gallery: Governor of the Bank of Canada Tiff Macklem arrives for a news conference in Ottawa, on June 5, 2024.Justin Tang/The Canadian...
Canada’s new higher capital-gains tax rate, announced in the spring federal budget, goes into effect this week – just two weeks after legislation explaining the details...
Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow Scotiabank strategist Jean-Michel Gauthier details a weaker housing market and his...
Retirement planning is looming large because my 55th birthday is around the corner. Unfortunately, planning is notoriously difficult because much of life, and death, is unexpected...
Open this photo in gallery: Bank of Canada Governor Tiff Macklem takes part in a news conference, after cutting key interest rate for the first time...
Open this photo in gallery: Home of the Week, 78 Augusta St., Port Hope, Ont.Reid Media Agency Here are The Globe and Mail’s top housing and...
Canadian banks have a new tailwind: Falling interest rates should spur loan growth and provide relief to stressed homeowners and businesses, who may find it easier...
Finding work has become increasingly challenging for Canadian jobseekers as a weakening economy and high interest rates push business owners to rein in hiring. Statistics Canada’s...
For homeowners with mortgage renewals coming up in the next few months, the question is whether and how to take advantage of the beginning of interest...
The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent, the first cut in more...
It’s easy to justify hanging onto a cash equivalent investment product when you’re getting virtually risk-free returns of close to 5 per cent or more. But...