Air Canada to hike fares amid high fuel costs, weak business travel
Air Canada is poised to raise fares as it looks to offset the hit from higher fuel costs, sagging business travel and soaring inflation. The country's largest carrier more than…
Pumpjacks draw oil out of the ground near Olds, Alta. PHOTO BY THE CANADIAN PRESS/JEFF MCINTOSH FILES
Canada could pump out 500,000 more barrels of oil a day and still reach climate targets: RBC
'The really critical piece of the puzzle is making sure that we have an economically competitive oil sector' Canada’s largest bank issued a report six months ago on the staggering cost of…
Surging rates will widen wealth gap between savers and borrowers
The pedal has hit the metal on interest rate hikes. As higher borrowing rates spread through the economy, savers will be in the driver’s seat and borrowers could get run…
CHUNYIP WONG
OSFI releases risk outlook of financial system
Cyberattacks, cryptoassets, housing and corporate debt are among the critical issues addressed In its first annual risk outlook, released on Thursday, the Office of the Superintendent of Financial Institutions (OSFI)…
An aerial view of Canadian Natural Resources Ltd.'s oilsands operation near Fort McKay, Alta. PHOTO BY RYAN JACKSON/EDMONTON JOURNAL
Canadian Natural Resources hits $100-billion market valuation
First oil and gas producer listed in Toronto to surpass $100 billion Canadian Natural Resources Ltd. became the first oil and gas producer listed in Toronto to surpass $100 billion…
A person looks at real estate bulletins in Toronto. PHOTO BY PETER J. THOMPSON/NATIONAL POST
Urban exodus slowing down as Canadian homebuyers return to the office: BMO
Interest in purchasing homes in major city hubs is up by five per cent since last year, despite soaring prices As Canadians are being beckoned back to their downtown offices…
Elon Musk lands deal to take Twitter private for US$44B
Billionaire entrepreneur Elon Musk agreed to buy Twitter Inc. for US$44 billion, using one of the biggest leveraged buyout deals in history to take private a 16-year-old social networking platform…
OSC selects businesses for TestLab, new capital markets testing environment
TORONTO – The Ontario Securities Commission (OSC) today announced that innovative solutions put forward by seven businesses will be part of its new capital markets testing environment, OSC TestLab. This initiative allows businesses…
CasPhotography
Key interest rate could soon go up another half point: BoC
“Inflation is too high,” Bank of Canada governor Tiff Macklem said Canada’s key interest rate could go up another half percentage point in June to help wrestle inflation under control,…
ThitareeSarmkasat
Leveraging compliance to grow your assets
Tech frees advisors to focus on building successful practices Our industry has seen a wave of compliance regulations in the last few years, often described as a tsunami. While the…