Retirement planning? Mind the age gap

An age difference in your relationship doesn’t just mean your favourite bands are from different decades. As you approach retirement together, that age gap becomes a factor in decisions about when you retire, and in planning how much money you need to save and how it should be invested. Especially if the younger partner is […]

It’s time Canada stands with Mexico: Olive

“For the first time since Ronald Reagan assailed the Soviet Union in 1980, an American presidential candidate actively campaigned against another country’s national interests.” –Jorge G. Castaneda, Mexican foreign minister 2000-2003, in a New York Times essay shortly after Donald Trump’s election as U.S. president on an anti-Mexico platform. Mexico faces a moment of truth: […]

TSX and Dow give up recent gains as Trump rally runs out of steam

Stock markets in New York and Toronto recovered slightly from midday losses but still closed significantly lower on Monday, a pullback from a weeks-long rally prompted by the presidency of Donald Trump. The S&P/TSX composite index in Toronto closed down 170.69 points, 1.1 per cent, its worst day since the middle of December. “Global markets have a […]

GM axing 625 jobs at Ontario plant, shifting some production to Mexico

General Motors is cutting 625 jobs at its assembly plant near London, Ont., as it shifts some production to Mexico. Mike Van Boekel, spokesman for Unifor Local 88, says the layoffs will take effect in July at the CAMI Assembly plant in Ingersoll, Ont. That plant was excluded from negotiations last fall between Unifor and the […]

Canada signals possible U.S. trade deal that excludes Mexico

Josh Wingrove and Greg Quinn Bloomberg The U.S. and Canada are signalling most of the pain from reworking the North American Free Trade Agreement (NAFTA) will hit Mexico, with an adviser to Donald Trump flying to Calgary to tell Justin Trudeau’s team that commerce is balanced and running smoothly north of the border. Trudeau’s cabinet […]

Rumours of the death of the TTP trade deal may be exaggerated: Olive

As of Donald Trump’s inauguration, the most ambitious free-trade deal ever attempted is dead. Or is it? Donald Trump appeared to have killed the proposed Trans-Pacific Partnership (TPP), and the seven years of negotiating that went into it, with a YouTube clip soon after the Nov. 10 U.S. presidential election. Trump vowed to formally withdraw […]

Bracing for looming lumber war, B.C. town cautiously hopeful

Bracing for looming lumber war, B.C. town cautiously hopeful

Bracing for uncertainty under the new U.S. administration, British Columbia’s lumber producers are hoping diversification will be the key to survival. They already made profound changes to the industry over the past 10 years, moving away from a total reliance on the American market in the wake of a lumber war between Canada and the U.S. […]

New job for Obama as music industry continues to struggle: Don Pittis

New job for Obama as music industry continues to struggle: Don Pittis

When his current job runs out, U.S. President Barack Obama has been offered a new presidency — this one at the Swedish music-streaming company Spotify. When you read the requirements, the outgoing head of state is undeniably qualified for the job. But in the unlikely event he applies, getting the music industry back to its former strength seems as […]

Private jet industry buzzing in era of Donald Trump presidency

Ever since the U.S. presidential election, Ed Dahlberg has pretty much had a smile on his face. He brokers the sale of private jets, and already he’s seeing interest pick up and used-aircraft prices starting to firm up. The sale of a single-engine turboprop aircraft that he recently handled went for about 5 per cent […]