Business

Why the Bank of Canada could lose billions of dollars in next few years

The report from the C.D. Howe Institute estimates the total losses over the next two to three years will add up to between $3.6...

U.S. inflation eases again. Will 2023 be a ‘year of disinflation’?

Inflation eased to 6.5 per cent in December compared with 12 months earlier, the government said Thursday, and even declined month-to-month.

Multigenerational home renovation tax credit to cost $44M, PBO says. Here’s how it works

The tax credit allows families to claim 15 per cent of up to $50,000 in renovation costs to create a multigenerational home, but not...

Hit by winter travel disruptions? Here’s what to know about refund timelines

Canada’s major airlines and Via Rail have promised reimbursements and refunds to customers, but processing those claims is taking time.

Homes sales, prices will reach their bottom in early 2023: TD report

A new report from TD Economics predicts Canada will see the weakest level of home sales since 2001 this year.

Coinbase to slash 20% of workforce amid ‘crisis of confidence’ in crypto

Coinbase said it expects to incur about $149 million to $163 million in restructuring expenses.

RCMP says tips on shady finances ‘may not get investigated’ due to police constraints

The Mounties make the admission in a briefing note prepared for Public Safety Minister Marco Mendicino on the working relationship between the national police...

‘Minding pennies’: High inflation is having big impact on one business owner, investment advisor

In the start to the six-week series Out of Pocket, a Halifax entrepreneur says starting a business amidst a pandemic and rising inflation has...

Inflation has ‘squeezed’ Canadian wallets dry. What happened?

Inflation has left Canadians feeling 'squeezed' after prices accelerated at rates not seen in decades last year, economists say. How did we get here?

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