Rising rates to boost vulnerability: PBO – Hamilton Spectator + MORE Jun 20th

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The best GIC rates in Canada for 2024 Jun 1st

Investing The best GIC rates in Canada Find the best GIC rates in Canada. Plus, everything you need to know about how they work. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our.... More »
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Buying pre-construction: What if your home is worth less than you paid? + MORE Jan 26th

Many Canadians bought pre-construction homes and condos at the height of the real estate market, as ultra-low interest rates fuelled a steady climb in Canadian real estate prices. Now some of those buyers are walking away from their purchases, unable to close on properties worth less than they paid .... More »
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There’s never been a better time to invest your conscience + MORE Oct 2nd

Most investors have heard of sustainable investing, many even say it’s important to them, but few Canadians actively incorporate environmental, social and governance (ESG) factors when building their portfolios.  Sustainable investing has come a long way. It wasn’t all that long.... More »

Canada’s mortgage market might be a cesspool, the federal government just warned + MORE Apr 6th

This post originally appeared at Better Dwelling. Stephen Punwasi is co-founder and chief data nerd at Better Dwelling. Bank executives are all of a sudden very vocal about foreign buyers. Strange timing, since a branch of the Government of Canada quietly dropped a report expressing concerns regardi.... More »

5 things to know before the stock market opens Friday - CNBC Dec 17th

5 things to know before the stock market opens Friday  CNBCStock market news live updates: Stocks fall as technology shares extend sell-off  Yahoo Canada FinanceNasdaq ends sharply lower as investors move away from Big Tech  Al Jazeera EnglishTech selloff sinks Nasdaq 1.... More »
Jennifer Dowty hosts an online chat with Elias Foscolos about his stock picks

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Rising rates to boost vulnerability: PBOHamilton SpectatorOTTAWA — A new analysis says the expected, gradual rise of interest rates is poised to lift the financial vulnerability of Canadian households well above levels seen in the last three decades. The parliamentary budget officer's report is predicting …and more »

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Starbucks plans to hire 2,500 refugees in EuropeA customer purchases coffee at a newly redesigned Starbucks store in New York City. (Ramin Talaie/Corbis)
Starbucks has announced plans to hire 2,500 refugees in its European stores by 2022, as part of a global program announced in January.
The Seattle-based coffee house chain said Tuesday that the figure will be part of Starbuck’s commitment to hire 10,000 refugees around the world.
Starbucks said it will work with agencies that aid refugees in eight countries to launch the hirings. They are Britain, France, Austria, Switzerland, Spain, Portugal, Germany and the Netherlands.
The Refugee Council, which works for refugee rights in Britain, welcomed the partnership, saying it could “make a positive difference to the lives of refugees.” The council’s head, Maurice Wren, said that “refugees bring an incredible wealth of skills, knowledge and experience which are hugely beneficial to society.”
The post Starbucks plans to hire 2,500 refugees in Europe appeared first on Macleans…

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Home Capital Group Inc. said Tuesday it has struck a deal to sell a portfolio of commercial mortgage assets valued at $1.2 billion to private equity real estate investment firm KingSett Capital.

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Canadians are expected to keep piling on more debt, even in the face of a long-anticipated increase in interest rates, taking household financial vulnerability to levels never seen before, a new report from the Parliamentary Budget Office says.

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