Category: Finance

Finance

Tax-free first home savings account: How to take advantage

Breadcrumb Trail Links taxes Personal Finance Jamie Golombek: Here’s what you need to know about Canada’s newest registered savings plan Published April 05, 2023 • 4 minute read The FHSA gives prospective first-time homebuyers the ability to contribute up to $40,000 and save on a tax-free basis towards the purchase of a first home in Canada. Photo by Getty Images/iStockphoto Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content April 1 marked the official launch date of the tax-free first home savings account…
Finance

How Click’s supporting Mental Health Awareness Week 2021

Click Travel firmly supports raising mental health awareness and remains committed to exploring how to best support our employees. The Employee Assistance Program has been available to all employees for many years now and we also trained a number of Mental Health First Aiders in departments across the business a few years ago and this year rolled out mental health support training for all line managers.   Expanding the role of Mental Health First Aiders 1 in 4 people experience mental ill health within the UK every year (Mind UK). So we understand that inevitably, a significant portion of Click’s…
Finance

Oil price spikes have analysts second-guessing their work

Benchmark oil prices have increased more than 20 per cent above a recent low point in mid-March. (AP Photo/Matthew Brown, Files) Soaring oil prices on the heels of this week’s announcement by the Organization of Petroleum Exporting Countries (OPEC) and its partners sent analysts scrambling to hike their estimates for the rest of 2023. The surprise plan to cut production has lifted the price of US benchmark West Texas Intermediate (WTI) (CL=F) more than 20 per cent above its recent low point in mid-March. The cuts consist of a voluntary 1.157 million barrels per day reduction set to take effect…
Finance

Before Clarence Thomas, Abe Fortas resigned Supreme Court over finances

Comment on this storyComments Supreme Court Justice Clarence Thomas is facing mounting scrutiny over his finances, after a ProPublica report documented his lavish donor-funded travel and a Washington Post report revealed that Thomas had reported hundreds of thousands of dollars in income from a defunct real estate firm. If Thomas were to resign over his financial dealings, he would not be the first justice to do so. The following story, lightly edited for length and style, originally ran in The Washington Post on May 16, 1969. Associate Justice Abe Fortas resigned from the Supreme Court yesterday, insisting that he had…
Finance

Canada headed for recession in the second half of 2023, said Desjardins

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account Get exclusive access to the National Post ePaper, an electronic replica of the print edition that you can share, download and comment on Enjoy insights and behind-the-scenes analysis from our award-winning journalists Support local journalists and the next generation of journalists Daily puzzles including the New York Times Crossword SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online…
Finance

5 Steps to the Best Travel Management Process Flow

If corporate travel management is part of your daily grind, then you probably receive dozens of emails a week with travel requests, questions about itineraries, issues booking flights, last-minute changes, cancellations, and a whole slew of scheduling complications, especially when it’s comes to group booking. Rather than answering a million emails (and risk dropping the ball or missing out on seats because you couldn’t get to the email fast enough), why not move travel management outside of your email inbox altogether? Why not track it—as in, see what trips need to be booked and finalized, which ones are ongoing, which…
Finance

Stocks wobble, Nasdaq sinks as gold rallies: Stock market news today

US stocks were mostly down, with tech stocks sinking more markedly, after another hiring report showed a slowdown in private-sector job growth and a separate print showed growth at US service providers also experienced a pullback. The S&P 500 (^GSPC) moved down 0.25%, while the Dow Jones Industrial Average (^DJI) added a modest 0.24%. The technology-heavy Nasdaq Composite (^IXIC) dipped 1.07%. Treasury yields moved down sharply. The yield on the 10-year note slid to 3.303%. The move came after a weak ADP payrolls report on private-sector job growth. Meanwhile, on the commodities front, gold futures (GC=F) are hovering at their…
Finance

TD Bank biggest sector short anywhere in the world

Breadcrumb Trail Links News Finance Banking Worries about TD’s exposure to Canada’s housing slowdown and ties to the US market Author of the article: Bloomberg News Geoffrey Morgan Published April 04, 2023 • Last updated 1 day ago • 2 minute read A TD Bank logo on a building in Toronto. Photo by Chris Helgren/Reuters Article content Turns out, the biggest short in the banking industry anywhere in the world isn’t in Switzerland or Silicon Valley, but rather, in the relatively tame financial center of Canada. Advertisements 2 This advertisement has not been loaded yet, but your article continues below.…