Jobs Picture Turns Negative And There'S More Bad News To Come, Economists Warn

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Jobs picture turns negative and there's more bad news to come, economists warn: Geoff Zochodne


The second wave of COVID-19 has been chipping away at Canada’s economic rebound for months, but it finally overpowered the labour market’s recovery in December, ending the country’s 2020 on a sour note that may linger for some time.

Statistics Can…

66-year-old woman wants to sell property to raise money for 15 years of travel and retirement: Andrew Allentuck


In Alberta, a woman we’ll call Anita, 66, is retired, divorced and eager to travel. The immediate problem, of course, is that foreign travel and even domestic travel is difficult – courtesy of the COVID-19 pandemic. She (and we) cannot say when the virus and …

These are the five themes investors should pay attention to in 2021: Peter Hodson


It is a New Year, and the markets are trying to figure out what to do. Does tech still run? Is it time for value stocks to finally shine? Is the bull market going to end, or is it just getting started?

Already, in just five days, 2021 has shown it…

Remission orders are the Hail Mary of litigation with the CRA, but they don't come easy: Jamie Golombek


If you’ve been battling the taxman, but have been unsuccessful after pursuing all normal avenues of objection and appeal, your last resort may be to apply for a remission order, the Hail Mary of tax litigation.

The Canada Revenue Agency describes …

David Rosenberg: Why having a big chunk of cash on hand is a good idea in this market: David Rosenberg


Things move so quickly that what used to get priced in over a year now happens in a week. My advice is not to be a hero and chase momentum. I have cash to put to work, but I can tell you I am in no rush. Certainly in no rush to buy the major averages. But I t…

Competition Bureau ends probe of Postmedia-Torstar newspaper swap: Financial Post Staff


The Competition Bureau has closed an investigation into a 2017 newspaper swap between Postmedia Network Canada Corp. and Torstar Corp., concluding that “no further action” is warranted.

The transaction saw the newspaper groups swap 41 community an…

Why dealing with China requires a more sophisticated tack than some are demanding: Kevin Carmichael


An analysis of Canadian news stories about China over the past year would almost certainly conclude that the relationship between our country and the world’s second-largest economy is hopeless.

That’s because we emphasize the negative in this busi…

What the pundits are saying for 2021 in the Canadian Club Toronto annual Outlook: Financial Post Staff


For over forty seasons, Canadian Club Toronto and the National Post have gathered expert panelists each New Year for a forecast luncheon on the economy, the markets and political issues that will affect Canadians in the year ahead. In a year where nothing has…

TSX nears record high as cannabis, renewables lifted by blue wave: Geoffrey Morgan


Canada’s main stock index moved to within reach of a record high as cannabis and renewable energy stocks got a lift from Democrats winning control of the U.S. Senate and crude oil closed above US$50 a barrel, boosting energy stocks for a second day in a row. …

This spread investment strategy can help homeowners put their dormant home equity to work: Ted Rechtshaffen


A great banking strategy for years has been the ability to lock in investors in a five-year GIC at a lower rate than the five-year mortgage rate charged to a borrower. Assuming the mortgage is secured, with very little risk, the bank can lock in what was trad…

Exploding Bitcoin should be a part of investors' portfolios: Larysa Harapyn


Purpose Investments CEO Som Seif talks with the Financial Post’s Larysa Harapyn about alternative assets for attractive returns in 2021.

  • David Rosenberg: Behold the most speculative and momentum-driven market on record
  • What can g…

    Corporate directors see broader economic recovery taking more than two years, survey finds: Barbara Shecter


    A majority of Canadian corporate directors believe it will take more than two years for the economy to fully recover from the disruption caused by the COVID-19 pandemic, but many are more optimistic about their own firms’ prospects, according to a survey cond…

    Producers slam Enbridge's efforts to set Mainline contracts before competitors' extensions completed: Geoffrey Morgan


    The former chairman of the National Energy Board has blasted an application by Enbridge Inc. to change how its oil pipeline network operates, calling it an attempt to fend off competition from new pipelines.

    Roland Priddle, the former chair and bo…

    Quebec manufacturing sector warns against locking down industry to stop COVID spread - Financial Post: The Canadian Press


    1. Quebec manufacturing sector warns against locking down industry to stop COVID spread Financial Post
    2. With COVID-19 cases soaring, Quebec government considers imposing curfew CBC.ca
    3. Health experts say a lockdown in Quebec is long o…

      Agnico Eagle bulks up Arctic presence with purchase of troubled TMAC mine: Gabriel Friedman


      Toronto-based Agnico Eagle Mines Ltd. has agreed to buy a faltering gold mine in Nunavut just weeks after the federal government

      blocked a Chinese company’s offer

      for the goldfield on national security grounds.

      Agnico will p…

      Robert Kokonis: More mergers and acquisitions on horizon for airlines: Larysa Harapyn


      Robert Kokonis, President and Managing Director of AirTrav, Inc, speaks with Financial Post’s Larysa Harapyn about how Canadian airlines can get back to business as usual post-pandemic.

      • Amazon buys 11 aircraft to expand air cargo fleet, f…

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