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Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland and Prime Minister Justin Trudeau walk together before delivering the fall economic statement in Ottawa, Canada, November 21, 2023.

A corporate 'excess profits' tax? The federal budget could still hold some surprises

Financial Post |Updated Apr. 15, 2024 |4 min read Premium content

Over the years, it has become common for the Prime Minister’s Office — or some other connected government office — to strategically leak content to friendly journalists or, as on full display this year, have an extended period of announcements that ...

Food inflation is headed down, yet food expenditures are also falling. There's a shift towards cheaper, nutritionally deficient foods.

SYLVAIN CHARLEBOIS: Budget blues and our food future

Sylvain Charlebois · Contributed · Postmedia News |Updated Apr. 15, 2024 |3 min read Premium content

Last week was pivotal for economic indicators. The Bank of Canada has opted to maintain its benchmark interest rate steady, while recent data revealed that inflation in the U.S. is accelerating again. The U.S. economy appears robust, which sharply ...

Prenups are notoriously tricky conversations. But Christine Ibbostson has some practical advice.

MONEY LADY PODCAST: Prenups and pensions

Christine Ibbotson · Contributed |Updated Apr. 12, 2024 |1 min read Premium content

Protect Your Love and Your Assets with Prenups & Cohab Agreements Are you entering a new chapter with your partner? Whether it's remarriage or cohabitation, it's crucial to secure your financial future. Our latest podcast episode is a ...

Canadians dreaming of homeownership are looking at alternatives, such as co-owning with family or friends, to make the purchase more affordable.

Many Canadians feel homeownership is out of reach, poll finds

Shantaé Campbell |Updated Apr. 11, 2024 |2 min read Premium content

A large majority of Canadians who do not own property believe homeownership is currently unachievable, according to a recent poll conducted by Canadian Imperial Bank of Commerce . Even though 56 per cent of non-owners aspire to one day have their ...

Bay Street will be keeping its eye on how much red ink Ottawa spills when it releases the 2024 budget on April 16.

4 things on Bay Street's budget radar, from deficit discipline to housing, housing, housing

Barbara Shecter |Updated Apr. 11, 2024 |5 min read Premium content

All eyes will be on Ottawa Tuesday when Finance Minister Chrystia Freeland tables the government’s 2024 budget. Here’s a look at four things Bay Street will be watching for, from deficit discipline to measures to increase the supply of housing. Red ...

Prime Minister Justin Trudeau and Minister of Finance Chrystia Freeland arrive to deliver the 2023 federal budget in the House of Commons in Ottawa, last March. Freeland will table this year's budget on April 16.

Jamie Golombek: If I were finance minister, here's what I would do in the upcoming federal budget

Jamie Golombek · Contributor · Postmedia News |Updated Apr. 11, 2024 |6 min read Premium content

Finance Minister Chrystia Freeland on Tuesday will unveil the 2024 federal budget. And, while I’ve already speculated about what may appear in the official budget, if I were the minister of finance, here are a few of the tax changes that ...

cubicles - office series 2

Almost half of white-collar workers would quit if asked to work in the office more, poll says

Denise Paglinawan · Postmedia News |Updated Apr. 9, 2024 |3 min read Premium content

The tug of war between workers and employers over how many days should be spent in the office has been raging since the lifting of pandemic lockdowns. But it looks like white-collar professionals are ready to put their collective foot down. Almost ...

Scenes from the homeless encampment at Crab Park with a cruise ship docked at Canada Place as the City continues to remove tents from sidewalks in the Downtown Eastside of Vancouver, B.C.., on April 23, 2023.

Gen. Rick Hillier: Ideology masking as leadership killed the Canadian dream

Special to Financial Post · Postmedia News |Updated Apr. 9, 2024 |4 min read Premium content

“This is not Canada,” is a phrase we hear far too often. It seems to come from every politician, from all levels. It’s exclaimed after every illegal demonstration, hate crime, blocked street, gang shooting, home invasion, car theft and emergency room ...

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ASK THE MONEY LADY: Dual citizens paying taxes in both the U.S. and Canada

Christine Ibbotson · Contributed |Updated Apr. 8, 2024 |4 min read Premium content

Dear Money Lady, My wife is one of those USA residents who has lived in Canada as a permanent resident since 1968 and never filed a U.S. tax return. We were told that it wasn't necessary if you didn't earn income and weren't living in the U.S. Also, ...

Christine Ibbotson recommends a marriage contract, such as a pre-nup, for older couples who bring any assets to the marriage. - Unsplash

ASK THE MONEY LADY: A look at cohabitation agreements and pre-nups and why they should be used

Christine Ibbotson · Contributed |Updated Apr. 8, 2024 |3 min read Premium content

Dear Money Lady, How do I get a prenup agreement without paying high lawyer fees? This is a second marriage, and I am very close to retirement plus we both have government pensions. My partner has three adult kids and I have two. We are both agreed ...

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