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british columbia
Western Canada: B.C.’s budget deficit may end up being the highest the province has recorded
British Columbia families and small business operators are expected to benefit from an election-year budget that boosts spending while forecasting a ballooning deficit of more than $7.9 billion and economic growth of less than one per cent. Finance Minister Katrine Conroy tables the budget in the legislative assembly at the legislature in Victoria, Thursday, Feb. 22, 2024. THE CANADIAN PRESS/Chad Hipolito
canada
B.C. introduces election-year budget with relief for families, predicts highest deficit ever recorded
Finance Minister Katrine Conroy answers questions from reporters following a photo opportunity at the Fernwood Community Centre in Victoria, B.C., on Wednesday, February 21, 2024. Conroy says increasing the deficit in today's provincial budget is the right path to take in order to allow the government to provide needed services to people. THE CANADIAN PRESS/Chad Hipolito
international business
Gold miner Newmont beats fourth-quarter profit estimates, plans to divest mines in Canada, Australia
FILE PHOTO: Visitors speak with a representative at the Newmont Corp booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 1, 2020. REUTERS/Chris Helgren/File Photo
report on business
First Quantum raises billions in new financing after flagging ‘going concern’ risk with pressure mounting from Cobre Panama shutdown
A view of Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, which was forced to shut down after Panama's top court ruled that its contract was unconstitutional, following nationwide protests opposed to its continued operation, during a media tour, in Donoso, Panama, January 11, 2024. REUTERS/Tarina Rodriguez
opinion
Must Canada leave a mountain of debt to future generations?
Don Drummond
carrick on money
The new dating etiquette for paying the cost of a meal or drinks
Rob Carrick
report on business
Bombardier ramps up plane sales, forecasts growth despite supply-chain snarls
A Bombardier logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) at Geneva Airport, Switzerland May 28, 2018. REUTERS/Denis Balibouse
opinion
Are Canadian banks greenwashing, misleading investors on sustainability-linked debt?
Eugene Ellmen
carrick on money
The secret reason your friends are having more fun than you
Rob Carrick
opinion
Justin Trudeau rejects ‘austerity’ – but what has his free-spending accomplished?
Grady Munro and Jake Fuss
your practice
Six strategies for choosing between investing or paying down debt
Number crunching to decide whether to pay down debt or invest
your practice
Proven strategies for how to manage year-end bonuses
Receiving a work bonus
report on business
Deadline to get partial CEBA forgiveness arrives as business groups warn of closures
A hand painted sign about the Canada Emergency Business Account, is seen in front window of Frances Watson, a store on Queen St. West, on April 15 2020. Some businesses were happy to hear about the CEBA, but now find some of the requirements to hard to meet.
paycheque project
Single mom carpenter earning $54,000 near Hamilton looks to pay off her credit card debt
investment ideas
Global debt rush sparks hope for strained developing countries
An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018.
inside the market
This chart will tell you when to bolt from Canadian investments
Houses for sale are shown in a new subdivision in Airdrie, Alta., Friday, Jan. 28, 2022. The Calgary Real Estate Board says the city saw 1,366 home sales in December, a 13.8 per cent increase compared with the same month a year earlier as the number of homes that changed hands in 2023 outpaced long-term trends and activity prior to the pandemic. THE CANADIAN PRESS/Jeff McIntosh
report on business
Inflation expectations for 2024, a surge in EV sales and record levels of household debt: Must-read business and investing stories
Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation. Macklem arrives for the annual meeting of federal, provincial, and territorial finance ministers in Toronto, Friday, Dec. 15, 2023. THE CANADIAN PRESS/Nathan Denette
cost of living
Consumer debt, credit delinquencies on the rise, Equifax report says
Equifax Canada says young Canadians are more anxious about their personal debt and more likely to have missed a bill payment this year. Credit cards shown on Thursday, Oct. 6, 2022. THE CANADIAN PRESS/Andrew Vaughan
opinion
Will AI save the day when it comes to inflation and interest rates? Don’t count on it
George Athanassakos
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