6 h. ago More Canadians using air conditioning to beat the heat, says Statistics Canada

68 per cent of Canadian households report use of air conditioning to beat the summer heat, says StatCan. The highest percentage is in Ontario, the lowest in B.C.

Economics

11 h. ago Mortgage renewals will strain Canadians, but most will manage: TD report

A report by TD Bank suggests mortgage renewals are expected to strain Canadian households, but most borrowers will manage albeit with less financial flexibility. The report by economist Maria Solovieva says households who locked in their mortgage for five years in 2020 during the pandemic when interest rates were low are now renewing at much […]

Events

65 h. ago Wealth One Bank Gets New Life as Canadian Investor Group Closes Deal

Canadian investment firm Globalive Corp. and a group of backers have closed their acquisition of Wealth One Bank of Canada, with plans to raise more capital soon to grow its lending business.

Other

6 d. ago More people are leaving Canada and the most educated are most likely to go

More people are leaving Canada, with the first quarter of 2025 marking the second-highest number on record for that same period.According to Statistics Canada, an increasing number of people are leaving Canada, as 27,086 citizens and permanent residents emigrated between January and March this year. That's the second-highest first-quarter total since 2017, when 27,115 left the country.The first-quarter levels in 2025 mark a three per cent increase in emigration compared to the first quarter of 2024, when 26,293 people left the country. A total of 9,676 emigrants returned to Canada in the first quarter of 2025, representing a slight increase from the 9,393 Canadians who returned in the first quarter of 2024.The record-setting outflow of people in the first quarter of 2025 is likely only the beginning, as the number of people leaving Canada tends to peak in the third quarter before dropping slightly in the fourth quarter of each year.Additionally, more non-permanent resi...

Other

8 d. ago Canadian World Bank employee jailed in sickening child pornography probe

A Canadian employee of the World Bank in Washington has been sent to a U.S. prison for four years after he was busted for distributing twisted child pornography involving babies. Matthew Norman Ballek, 32, of Saskatchewan, was sentenced Friday in U.S. District Court to 46 months in federal prison. Ballek pleaded guilty in October in […]

Events

9 d. ago High Turnover in Small Pool of Bond Traders Hits Canadian Banks

Banks are luring former bond traders out of retirement in Canada, as a high level of staff turnover shakes up the government finance sector at a busy time in the market.

Economics

1 week ago UBC report calls for bolder action to combat deadly extreme heat

The report calls for governments to expand and improve air conditioning unit distribution programs and make public transit free during heat waves, among other things.

Events

1 week ago Climate group voices concern about fossil fuel industry representation on pension fund boards

In a report out Thursday, Shift said that as of June 1, the boards of five of Canada's largest public sector funds had members who are also involved with fossil fuel companies.

Society

1 week ago Près de 2000 personnes à risque d’être sans logis à l’approche du 1ᵉʳ juillet

Le manque de logements abordables continue au Québec après une année record en 2024.

Other

1 week ago Près de 2000 personnes risquent d’être sans logis à l’approche du 1ᵉʳ juillet

Le manque de logements abordables perdure au Québec, après une année record en 2024.

Other

1 week ago Climate group raises concerns about oil and gas representation on pension fund boards

TORONTO — A climate advocacy group says oil and gas representation on the boards of Canada’s big public pensions raise concerns about conflicts of interest. Shift Action says in a new report that as of June 1, the boards of five of Canada’s largest public sector funds had members who are also involved with fossil […]

Society

2 w. ago Coal Loophole Undermines Bank Pledges to Cut Fossil Fuel Funding

In the parts of the financial world that have spent the decade since the Paris Agreement trying to curb the most-polluting fossil fuel, there are actually two distinct types of coal — with two very different sets of rules.

Other

2 w. ago Hapbee Technologies Inc. Closes 2024 with Record Q4 Device Sales, Global Distribution Partnerships and Strategic Board Appointments

Fueled by a 198% surge in Q4 device sales revenue and a 200% increase in shipments, Hapbee’s revitalized marketing strategy, expanded retail footprint, luxury spa partnerships, and high-profile Board additions have set the stage for accelerated growth heading into 2025. VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) — Hapbee Technologies Inc. (TSXV: HAPB | […]

Sport

2 w. ago Scotiabank Hires Finning’s Former CFO as Canadian Banking COO

Bank of Nova Scotia hired Greg Palaschuk, the former top finance executive at Finning International Inc., for a senior role in its Canadian banking division.

Other

3 w. ago Canadian banks’ funding for fossil fuels rose in 2024 despite record heat: report

The Banking on Climate Chaos report by a coalition of environmental groups found that lending and underwriting among the world's 65 top banks rose by US$162.5 billion last year.

Sport

3 w. ago Canadian bank fossil fuel funding rose in 2024 despite record heat: report

TORONTO — Canadian banks were once again ranked as among the world’s top fossil fuel financiers in a report that showed overall funding rose in 2024 despite it being the hottest year on record. The Banking on Climate Chaos report by a coalition of environmental groups found that lending and underwriting among the world’s 65 […]

Sport