The Canadian Press

The Canadian Press is a national news agency headquartered in Toronto and founded in 1917.

Industry

National Bank reports Q4 profit up from year ago, raises quarterly dividend

Profit in wealth management was down 20%

By The Canadian Press | December 1, 2023

2 min read

Economic Indicators

Unemployment rate rises to 5.8% in November

Canadian economy added a modest 25,000 jobs in the month

By The Canadian Press | December 1, 2023

2 min read

Industry

B.C. files application for Canada’s first unexplained wealth order

The notice of civil claim is the start of a series of similar applications, minister says

By The Canadian Press | November 30, 2023

1 min read

Economy

Labour shortages cost small businesses $38 billion in lost sales last year: CFIB

Staffing issues led some employers to work more hours, reduce hours of operation and refuse services contracts

By The Canadian Press | November 29, 2023

1 min read

Economic Indicators

Statistics Canada says annual inflation rate slowed to 3.1% in October

Report suggests there is no need for further rate hikes

By The Canadian Press | November 21, 2023

2 min read

Economic Indicators

Annual pace of housing starts edged up in October: CMHC

Single-detached urban starts contributed to the increase

By The Canadian Press | November 16, 2023

1 min read

Economic Indicators

Top 1% of tax filers saw incomes rise by almost 10% in 2021: StatsCan

Those in the bottom half of earners saw their average income decline

By The Canadian Press | November 10, 2023

1 min read

Policy

Canadians should plan for higher rates in the long run: BoC

More adjustment to come as previous rate hikes filter through the economy, Bank of Canada senior deputy governor says

By The Canadian Press | November 9, 2023

2 min read

Policy

Budget update: Quebec boosts aid payments, says economy is in “stagnation”

The government is increasing certain tax credits and social benefits

By The Canadian Press | November 8, 2023

3 min read

Economic Indicators

Canadian business insolvencies surge almost 42% from last year

Withdrawal of Covid-19 support, higher interest rates and softening consumer spending are challenges

By The Canadian Press | November 3, 2023

2 min read

Economic Indicators

Canada’s jobless rate rises to 5.7% in October

Labour market is softening in the face of higher interest rates

By The Canadian Press | November 3, 2023

2 min read

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Matt Trotta

Tax & Estate

RRSPs and estate administration

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RESPs and blended families

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Mark Rosen

Investments

Some energy firms are quietly separating their ESG businesses

September 15, 2023|3 min read

Beware the Canadian corporate champion

June 20, 2023|3 min read