‘Escape hatches are gone’: Power of sale listings surge in Toronto

John Pasalis, president of Realosophy Realty Inc., talks to Financial Post’s Larysa Harapyn about how many financially stressed homeowners facing higher mortgage rates and lower home prices are running out…

Posthaste: Debt loads hit record as Canadians in financial distress pile loans on top of loans

Canadians in financial distress are carrying a record amount of debt as they pile on credit from multiple sources, according…

Retail operator of Eddie Bauer looks to sell stores after filing for bankruptcy

Eddie Bauer LLC has filed for bankruptcy protection in the United States and will make a similar filing in Canada,…

The problem of the Toys ‘R’ Us $36-million gift card mountain

Toys “R” Us has been a giant in children’s playthings for decades, having opened its first Canadian store in 1984,…

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Justice Department’s antitrust chief says she’s leaving, effective immediately

The head of the Justice Department’s antitrust unit said Thursday she is leaving the role, effective immediately, at a critical…

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Garry Marr: For young Canadians who bought at peak of market, Home Buyers’ Plan was invitation to disaster

Raiding your retirement to make a down payment on your first home is a Canadian tradition that has long been encouraged by the government, but…

Posthaste: Increasing cost of living is eroding Canadians’ retirement confidence

Canada’s high cost of living is eroding the confidence of its residents when it comes to their retirement plans. Two-thirds of Canadians say inflation has…

AI may be a threat to some stocks, but investors should be watching for this HALO effect

Investors are still collectively freaking out about how artificial intelligence (AI) might take down entire industries, but they should know about an investment concept called…

Cooler inflation gives Bank of Canada an opening to cut rates if economy falters, say economists

The Bank of Canada could find itself well placed to cut interest rates if inflation continues to cool and the economy needs help, some economists…

Posthaste: Increasing cost of living is eroding Canadians’ retirement confidence

Canada’s high cost of living is eroding the confidence of its residents when it comes to their retirement plans. Two-thirds of Canadians say inflation has…

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