Financial Post News

Posthaste: Mortgage delinquencies more than quadrupled in this Canadian city with no relief on the horizon

The new automotive strategy cancelled a federal policy, colloquially known as the EV mandate, that would have required automakers to produce and sell only...

Should there be more OAS clawbacks as the program costs more and more?

At the same time, the OAS clawback kicks in when your net income exceeds about $93,454 – or about two-thirds of the way up...

Canada’s unemployment rate drops to 6.5% despite economy shedding 25,000 jobs

“This is a trend to keep an eye on,” Andrew Hencic, senior economist at TD Economics, said in a note. “Canada’s population is expected...

Stellantis sells stake in Ontario battery plant as automaker takes $26 billion hit in EV retreat

The automaker also announced it is selling its stake in a joint venture battery manufacturing plant in Ontario to its partner, LG Energy Solution,...

Carney cancels EV mandate, but brings back $5,000 buyer incentive in new auto strategy

The new automotive strategy cancelled a federal policy, colloquially known as the EV mandate, that would have required automakers to produce and sell only...

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