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Gordon Pape: These three stocks are a better bet than settling for an ultraconservative 5% GIC
Airlines
Flair Airlines could lose operating licence after Canadian control of company questioned
The Canadian Transportation Agency’s has determined that Edmonton-based Flair Airlines may be in violation of the law that requires it to be controlled by Canadians
REAL ESTATE
Nova Scotia’s non-resident property tax won’t help housing crunch, realtors say
Nova Scotia realtors say the new property taxes target the wrong people and do nothing to deter speculators. They say the policy will hurt rural communities and won’t ease the province’s housing crunch
Ottawa faces pressure to address Canada’s affordable-housing problem in 2022 federal budget
INFLATION
U.S. Federal Reserve signals it will take more aggressive approach to fight inflation
In minutes from their most recent policy meeting three weeks ago, Federal Reserve policy-makers said they would likely cut their holdings by about $95-billion a month

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ROB Opinion

Inflation has turned a corner, but central banks will need more convincing
David Parkinson
David Parkinson
Canada needs to prioritize joining Biden’s Indo-Pacific trade agreement
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Canadians expect secrecy from federal institutions, but the CRTC took us by surprise with its Rogers report
Rita Trichur
Rita Trichur
Meaningful diversity requires meaningful action from companies and their leaders
What the resurrection of Biden’s climate agenda means for Canada
Adam Radwanski
Adam Radwanski

Personal Finance

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opinion
How renting could financially damage a generation of young adults
Rob Carrick
analysis
Tax & Spend: The (kinda-good-enough) fiscal conservativism of Ontario’s Progressive Conservatives
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Airbnb almost as expensive as a hotel, figures show, as growing fees prompt user outrage
Why this retiree is still looking for balance: ‘It’s important to not give all your time away to others’
Outdoor activities became all the rage during the pandemic. Here are some that won’t break the bank
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Can Jill, 60, afford to retire to Nova Scotia while keeping her suburban Toronto home?
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carrick on money
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Streetwise
Manulife reports $1.6-billion drop in earnings amid market turmoil and extended COVID-19 restrictions in Asia
Canada’s largest insurer reported second-quarter net income of $1.09-billion, or 53 cents per share, a $1.6-billion drop from the $2.64-billion, or $1.33 per share it reported in 2021′s second quarter
Onex posts loss as equity market slump hits stakes in public companies
Brookfield profit falls 39 per cent as rates rise; Carney to chair asset-manager spinoff
Russian steelmaker Evraz eyes sale of Canadian, U.S. facilities
Eager investors snap up summer equity offerings

Economy

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opinion
How renting could financially damage a generation of young adults
Rob Carrick
Rob Carrick
Canadian dollar falls by most in one month as greenback rallies
U.S. Federal Reserve’s Thomas Barkin says interest rates need to get ‘restrictive’

Financial Services

Mortgage lender Home Capital rejects all-cash unsolicited takeover offer from unnamed bidder
Investors refuse to accept higher rates are here to stay – and that’s a problem for financial markets
Onex posts loss as equity market slump hits stakes in public companies

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Energy & Resources

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Iran tanker retrieves oil seized by U.S., set to leave Greece
Turquoise Hill rejects Rio Tinto’s US$2.7-billion buyout offer
Saudi Aramco profit soars on higher prices and refining margins

Technology

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Unity Software ejects AppLovin’s takeover bid, to stick with ironSource buyout
Australian court orders Google to pay $43-million for misleading users
Google Fiber plans to bring high-speed internet to 5 U.S. states, biggest since 2015

International Business

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opinion
Canada needs to prioritize joining Biden’s Indo-Pacific trade agreement
Goldy Hyder
Judge orders Twitter to give Elon Musk former executive’s documents
opinion
How renting could financially damage a generation of young adults
Rob Carrick
Canadian home prices down 6 per cent in July from February peak, the largest five-month decline since 2009
Third Point discloses stake of nearly $1-billion in Disney, pushes for changes
Bayer says it will continue supplying Russia with agricultural inputs
Heathrow Airport extends passenger cap to Oct. 29
Federal labour minister says government is focused on addressing worker shortage, but offers no immediate policy solutions

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Careers
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Tax policy
analysis
Tax & Spend: The (kinda-good-enough) fiscal conservativism of Ontario’s Progressive Conservatives
Patrick Brethour
Patrick Brethour
analysis
Critics accuse Canada’s grocers of ‘greed-flation’ but quarterly earnings suggest otherwise
analysis
Tax & Spend: The melting value of Ontario’s prepared-food tax break
Patrick Brethour
Patrick Brethour
Small business
Applicants for Ottawa’s Black Entrepreneurship Loan Fund unable to appeal rejections despite promises of transparency
Health regulators urged to act more as level of corporate ownership rises
Ottawa tech company Tablz bets diners will pay more for popular restaurant seats

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