Canada's 100 highest-paid CEOs broke new compensation records in 2022: report
Canada's 100 highest-paid CEOs broke records with their compensation in 2022, according to the Canadian Centre for Policy Alternatives.
Business and Finance News | CTV News
Business
CURRENCY CONVERTER
YOUR FINANCES
Overspent in December? Here's how to battle the January blues, according to experts
You may be able to minimize the doldrums of January with some planning and other steps to turn things around, financial experts say.
Here's what will cost Canadians more in 2024, according to experts
Wondering what kind of impact the new year will have on your wallet? Here's what experts predict will cost you more in 2024.
opinion
opinion Tips for teaching your kids about money management
In today’s fast-paced financial world, the adage “knowledge is power” is especially true when it comes to teaching our kids about money.
Budgeting for a cross-country move takes preparation and flexibility
Interprovincial migration has been gaining ground in Canada since the pandemic began in 2020 as more people chase home affordability. Experts say it's important to plan moves carefully.
opinion
opinion The worst retirement planning mistakes you should avoid, according to an expert
In his personal finance column for CTVNews.ca, Christopher Liew highlights some of the worst -- and most common -- retirement planning mistakes to avoid, so that your retirement is as financially secure and comfortable as possible (Getty Images)
Beware costs and logistics of at-home chargers before buying an electric car
It's a simple yet important routine for so many Canadians - plugging in their cellphones and smartwatches before bed to ensure they're fully charged in the morning. Increasingly, there's another item to add to the list: the car.
Statistics Canada says household debt-to-income ratio lower in Q3, service costs up
Statistics Canada says the amount Canadians owe relative to their income edged lower in the third quarter, but the cost of servicing that debt relative to income climbed higher.
Retailers facing pricing pressure may have to pass increases to shoppers: Dollarama
If domestic manufacturers and suppliers keep pushing their prices up on food and several household goods, Dollarama Inc.'s chief executive says retailers will have no choice but to pass the increases on to customers.
REAL ESTATE
Budgeting for a cross-country move takes preparation and flexibility
Interprovincial migration has been gaining ground in Canada since the pandemic began in 2020 as more people chase home affordability. Experts say it's important to plan moves carefully.
Five things to watch for in Canadian business in 2024
Here are five things to watch in Canadian business in 2024 as households and companies work through what is expected to be a challenging economic environment.
Five-year fixed mortgage rates fall below 5 per cent as bond markets anticipate rate cuts
With the markets anticipating central banks will lower interest rates next year, some fixed mortgage rates are the lowest they have been in months. But with all the economic uncertainty, new buyers and homeowners who need to renew still face some hard decisions.
Annual rent increases slowing as average asking price reaches $2,174 in November
A report says the average asking price for a rental unit in Canada was $2,174 in November, relatively flat from the previous month but an 8.4 per cent increase year-over-year.
CMHC says annual pace of housing starts in Canada down 22% in November
The annual pace of housing starts in Canada fell 22 per cent in November as work began on fewer multi-unit projects, Canada Mortgage and Housing Corp. said Friday.
BoC holds key interest rate steady as speculation shifts to timing of rate cuts
The Bank of Canada ended the year with another interest rate hold as the economy slows and forecasters speculate on the timing of rate cuts in 2024.
Short-term rentals have 'significantly impacted' housing affordability: Desjardins
A Desjardins report suggests short-term rentals likely contributed to the housing affordability crisis in Canada and around the world.
Can Canadian downtowns find new purpose in a post-office era?
The experiences in Ontario's cities are echoed across Canada, as downtowns grapple with high vacancy rates, the post-pandemic work culture and the prospect that crowds of office workers may never return in full.
BNN Bloomberg features
Canada
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19-year-old dies in officer-involved shooting: Winnipeg police
Manitoba's police watchdog agency is looking into a fatal officer-involved shooting in Fort Richmond Sunday afternoon.
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Woman who fell out of Edmonton city bus dies
A woman who fell out of an Edmonton city bus Friday has died, police said in a media release issued Monday.
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Canadians across country celebrate New Year's Day with polar bear swim
Thousands of people across Canada shrieked, shivered and smiled their way into a new year on Monday as they took part in the long-standing tradition of Jan. 1 polar bear dips.
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Here are some of the new laws and rules coming into effect in Canada in 2024
From tougher bail rules to a new dental care plan, a range of new measures are taking effect across Canada in 2024, aiming to address human rights, public safety, health and other concerns.
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No Canadians reported hurt, missing after Japan quakes, GAC says
No Canadians have been reported injured or missing following the 7.6-magnitude earthquake that struck the west coast of Japan's main island on Monday, according to Global Affairs Canada (GAC).
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Sudbury man dies after falling through the ice on Onwatin Lake
Sudbury police say a 60-year-old man from of the community of Hanmer has died after venturing onto the ice of Onwatin Lake.
World
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Israel says it will defend itself against genocide accusations at world court
Israel will defend itself before the United Nation's top court against charges that it has engaged in genocide of Palestinians in Gaza, officials said Tuesday, a rare engagement with the world body, which Israel often denounces as biased against it.
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Hong Kong media tycoon behind Apple Daily pleads not guilty to sedition and collusion charges
Prominent activist and publisher Jimmy Lai on Tuesday pleaded not guilty to three charges of sedition and collusion with foreign countries in a landmark national security trial in Hong Kong.
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Russian missiles hit Ukrainian cities, killing 5 and injuring almost 100, Kyiv officials say
Ukraine's two largest cities came under attack from Russian hypersonic ballistic missiles on Tuesday morning, killing at least four people and injuring almost 100, officials said.
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Powerful earthquakes leave at least 55 dead, destroy buildings along Japan's western coast
A series of powerful earthquakes that hit western Japan have left at least 55 people dead and damaged thousands of buildings, vehicles and boats. Officials warned Tuesday that more quakes could lie ahead.
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A missing person with no memory: How investigators solved the cold case of Seven Doe
Police specializing in missing people and cold cases have discovered the identity of a woman with no memory in one of the most unusual investigations the sheriff's office has pursued and one that could change state law.
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Thai prime minister says visa-free policy for Chinese visitors to be made permanent in March
Thailand and China will soon implement visa-free entry for each other's citizens, Thai Prime Minister Srettha Thavisin said Tuesday. Chinese nationals will be granted visa-free entry on a permanent basis beginning March 1, Srettha said after his Cabinet's weekly meeting.
Entertainment
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Ex-gang leader makes his bid in Las Vegas court for house arrest before trial in Tupac Shakur case
A former Los Angeles-area gang leader charged with killing hip-hop music icon Tupac Shakur in 1996 in Las Vegas plans to ask a judge on Tuesday to release him to house arrest ahead of the trial in June.
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'Wonka' ends the year No. 1 at the box office, 2023 sales reach US$9 billion in post-pandemic best
Hollywood closed out an up-and-down 2023 with 'Wonka' regaining No. 1 at the box office, strong sales for 'The Color Purple' and an overall US$9 billion in ticket sales that improved on 2022's grosses but fell about US$2 billion shy of pre-pandemic norms.
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Ashes of Vancouver 'Star Trek' fan set to go to space alongside famous stars
Gloria Knowlan never dreamt of boldly going where no one had gone before and was content to leave the journey to the 'Star Trek' actors she came to love, but 12 years after her death, her family has ensured the final frontier will be her ultimate resting place.
Health
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Weight-loss drugs: Who, and what, are they good for?
Extraordinary demand, and high prices, for powerful weight-loss drugs will keep them out of reach in the coming year for many patients who are likely to benefit.
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Powdered baby formula recalled over deadly bacteria
Enfamil is recalling its Nutramigen A+ LGG Hypoallergenic Infant Formula over possible bacterial contamination with Cronobacter sakazakii.
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Low-cost, plant-based drug may help you quit smoking more effectively than nicotine replacement therapy, study shows
A new study shows a low-cost plant-based drug may be more effective than nicotine replacement therapy for people trying to quit smoking.
Politics
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Amid push for foreign registry, many say other measures needed to fight interference
For more than a year, Canada has been mulling the creation of a foreign agent registry to fight interference in the country's democratic processes. Some say it doesn't belong in the toolbox at all.
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Senior military leader: Canadians 'overly comfortable' as global security shifts
Looking ahead to 2024, the commander of the Canadian Joint Operations Command said he thinks the pressure will continue to mount, and Canadians are "overly comfortable" about their safety as the world changes.
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Trudeau reassures Zelenskyy of Canada's support for Ukraine 'for as long as it takes'
Prime Minister Justin Trudeau spoke with Ukrainian President Volodymyr Zelenskyy over the phone on Monday, reassuring him that Canada will continue to support the fight against Russia's invasion.
Sci-Tech
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Researchers find new way to identify water and potential life on exoplanets
An international team of researchers, including those from MIT and the University of Birmingham, have discovered a new way to determine whether exoplanets are habitable or potentially inhabited.
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Eclipse excitement: N.B. communities in 'path of totality' plan for perfect view in 2024
New Brunswick communities along the path of this spring’s total solar eclipse are already getting ready for the big day on Monday, April 8, 2024.
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U.S. military space plane blasts off on another secretive mission expected to last years
The U.S. military's X-37B space plane blasted off Thursday on another secretive mission that's expected to last at least a couple of years.
