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Americans arrested in alleged multi-million mask swindle of Canadians during pandemic

by Walter Watson
Americans arrested in alleged multi-million mask swindle of Canadians during pandemic

Fraudsters in the U.S. swindled funds that were supposed to buy 12 million face masks for Canadians in the frantic early days of the COVID-19 pandemic, a new criminal indictment alleges. American authorities …

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‘We are getting closer’ to cutting interest rates, Bank of Canada governor tells MPs

by Anas Siddiqui
‘We are getting closer’ to cutting interest rates, Bank of Canada governor tells MPs

The Bank of Canada is getting closer to cutting interest rates as inflation shows signs of coming down and staying down, the central bank’s governor, Tiff Macklem, told MPs Thursday. …

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Tennis legend Becker discharged from bankruptcy court despite still owing creditors $50M US

by Virginia Chavez
Tennis legend Becker discharged from bankruptcy court despite still owing creditors M US

German tennis legend Boris Becker was discharged from bankruptcy court in London after a judge found on Wednesday he had done “all that he reasonably could do” to repay creditors …

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Do Ottawa’s proposed capital gains tax changes affect inherited properties?

by Anas Siddiqui
Do Ottawa’s proposed capital gains tax changes affect inherited properties?

The federal government’s budget proposal to increase the inclusion rate for the capital gains tax for people whose profits go past a certain threshold has drawn mixed reactions from experts, …

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Home sales and prices edging up as housing market ‘could get interesting,’ reports say

by Anas Siddiqui
Home sales and prices edging up as housing market ‘could get interesting,’ reports say

The housing market could soon get “interesting” as home prices and sales start to edge up, according to a pair of new reports released Friday. In its latest quarterly Home Price Update and …

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Can the Goldmans, Browns collect money from O.J. Simpson’s estate?

by Walter Watson
Can the Goldmans, Browns collect money from O.J. Simpson’s estate?

O.J. Simpson, who died Thursday, was acquitted in 1995 of the murder of his ex-wife Nicole Brown Simpson and her acquaintance Ronald Goldman, but two years later was found liable …

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Trump posts $175M bond in civil fraud case, then hit with expanded gag order in hush money case

by Walter Watson
Trump posts 5M bond in civil fraud case, then hit with expanded gag order in hush money case

Donald Trump posted a $175 million US bond in his New York civil fraud case on Monday, as a judge in a separate case hit the former U.S. president with …

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Bank of Canada worries a rate cut now could overheat the spring housing market

by Anas Siddiqui
Bank of Canada worries a rate cut now could overheat the spring housing market

The Bank of Canada is trying to thread a needle. It’s keeping rates higher for longer at least in part because it’s worried a rate cut now could undermine the …

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January home sales jump 22 per cent from last year’s weak start

by Anas Siddiqui
January home sales jump 22 per cent from last year’s weak start

January home sales jumped 22 per cent compared with a year ago, the largest year-over-year increase since May 2021, according to The Canadian Real Estate Association. The association says the …

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Competition Bureau investigating restrictive real estate clauses in Canadian grocery sector

by Anas Siddiqui
Competition Bureau investigating restrictive real estate clauses in Canadian grocery sector

Business The Competition Bureau says it’s investigating the use of property clauses, which limit how real estate can be used by competitors, in the Canadian grocery sector. Watchdog says clauses …

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