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A complaint filed with the Toronto’s integrity commissioner alleges Mayor John Tory had a conflict of interest when he voted to scale back the popular ActiveTO program. The complaint, first reported on by the Toronto Star, stems from Tory’s connections with Rogers Communications Inc., the telecommunications giant that also owns the …
Read More »Panicking over rising interest rates? Mortgage specialists share advice to help ease stress
Mortgage specialists say they’re busier than usual these days answering panicked calls from Canadians holding a variable mortgage or set to renew who want to know how to save money in the face of rising interest rates. Earlier this month, the Bank of Canada raised its benchmark lending rate a full …
Read More »Why role-playing game Dungeons & Dragons is seeing a resurgence of interest
In a large unfinished basement in Calgary, surrounded by washing machines, packed storage shelves and dim lamp light, Becky Salmond sets up the evening’s game. Five players sit around a large table scattered with paper, pens and an electronic game board, with a colourful rug beneath them. Salmond ensures each …
Read More »No new equipment or land for a few years, say farmers hit by interest rate hike
Farmers are used to keeping an eye on the weather and their fields, but now they’re also watching the Bank of Canada after it raised its benchmark interest rate by a full percentage point in an attempt to fight runaway inflation. “It’s made for a challenging year, especially with paying off …
Read More »More Albertans looking at voting UCP than NDP — but alternative parties of interest, poll suggests
With the race to lead the United Conservative Party still in its early days, a new poll suggests more Albertans would consider voting for that party than the Opposition NDP in the 2023 provincial election. The poll by Trend Research, under the direction of Janet Brown Opinion Research, surveyed 900 Albertans between June …
Read More »Even after Wednesday’s Fed hike, experts say interest rates remain far too low
The threat of another big hike in interest rates by the U.S. central bank had markets in a tizzy this week, but some critics worry that the bigger-than-expected increase won’t be enough to stop inflation. Even as the market digested Wednesday’s extraordinary three-quarters of a per cent rate increase in …
Read More »Nearly 1 in 4 homeowners say they’d have to sell home if interest rates rise more, according to survey
Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. The survey, conducted between April 14 and April 20, also found that 18 per cent of homeowners polled are already …
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