Alphonso Davies’ crucial penalty miss may be Canada’s pivotal moment at World Cup

Alphonso Davies’ crucial penalty miss may be Canada’s pivotal moment at World Cup

Belgium goalkeeper Thibaut Courtois saves a penalty kick from Canada’s Alphonso Davies during a World Cup Group F match at Ahmad bin Ali Stadium, in Al Rayyan, Qatar, on Nov. 23.Nathan Denette/The Canadian Press When Canada was awarded a penalty early in its game against Belgium, there was no directive on who should take it. … Read more

No lights, no heat, no WiFi: Ukraine remains resilient despite hardships inflicted by Russia

No lights, no heat, no WiFi: Ukraine remains resilient despite hardships inflicted by Russia

A police officer works traffic control in Kyiv on Nov. 24 as most of the Ukrainian capital remains in a blackout.Photography by Anton Skyba/The Globe and Mail The waitress smiled apologetically as she discussed the breakfast offerings at Idealist, a popular café in one of Kyiv’s most affluent neighborhoods. The power was on, so they … Read more

For Chinese fans, the World Cup can be a painful reminder of their team’s absence — and China’s continuing COVID-19 controls

For Chinese fans, the World Cup can be a painful reminder of their team’s absence — and China’s continuing COVID-19 controls

People walk by the giant model of FIFA World Cup Qatar 2022 match ball amid the COVID-19 outbreak in Shanghai, China, Nov. 23, 2022.ALY SONG/Reuters Walking out onto the pitch at Doha’s Ahmad Bin Ali Stadium on Monday, Ma Ning became only the second Chinese national to officiate a World Cup match. The first time … Read more

Saying no to cryptocurrency was a glorious moment for Canada’s investment advisers

Saying no to cryptocurrency was a glorious moment for Canada’s investment advisers

Making the right call in investing sometimes requires you to look excruciatingly wrong for a while. The investment advisers who declined to board the cryptocurrency hype train understand this well. Bitcoin and other cryptocurrencies took off in 2020 and didn’t peak until roughly 12 months ago. Anti-crypto advisers and money managers must have hated those … Read more

Scottish independence referendum denied on grounds the Scots no more oppressed than Quebeckers

Scottish independence referendum denied on grounds the Scots no more oppressed than Quebeckers

A Scottish independence supporter with the flag of Scotland outside the Supreme Court in London on Nov. 23.JUSTIN TALLIS/AFP/Getty Images The UK’s highest court ruled unanimously Wednesday that the Scottish Parliament cannot hold a second independence referendum – without the consent of the British government – ​​citing grounds that the Scots are no more oppressed … Read more

Number of variable-rate mortgage holders hitting trigger rate will climb to 65 per cent next year, BOC warns

Number of variable-rate mortgage holders hitting trigger rate will climb to 65 per cent next year, BOC warns

Homes on Sherman Brock Circle in Newmarket, Ont. on Mar 30, 2021.Fred Lum/the Globe and Mail Canada’s financial system should be able to weather a period of heightened stress, but many recent home buyers could experience a “painful” squeeze as interest rates continue to rise, the Bank of Canada’s second-in-command said Tuesday. In a speech … Read more

Cities’ downtown cores are hollowing out, but small towns and suburbs tell a different story

Cities’ downtown cores are hollowing out, but small towns and suburbs tell a different story

People walk in Vancouver’s business district over the lunch hour on April 22. According to a new report, the city experienced a 48-per-cent decline in mobility compared with prepandemic timesJENNIFER GAUTHIER/Vancouver Freelancer The downtowns of most major Canadian cities continue to face a substantial dip in foot traffic compared with prepandemic norms – but the … Read more

Ottawa is moving to reduce credit-card fees. What it means for businesses, banks and your loyalty points

Ottawa is moving to reduce credit-card fees.  What it means for businesses, banks and your loyalty points

Gordon Dean hands groceries to a customer (Will and his dog Sammi) in his store in Chesterville, Ont., on Nov. 10.Christinne Muschi/The Globe and Mail At Gordon Dean’s small-town grocery stores in Ontario and Quebec, the rattle of coins in the checkout tills is a more infrequent sound than it used to be. The five … Read more

Despite interest rate hikes, Canadians have been slow to ditch variable mortgages. Here’s why

Despite interest rate hikes, Canadians have been slow to ditch variable mortgages.  Here’s why

Canadians have been slow to turn away from variable-rate mortgages despite a slew of central bank interest rate hikes since March. It’s an unusual trend that mortgage brokers chalk up to economic uncertainty, regulations and – for some borrowers – a need for flexibility. As of August, variable-rate mortgages still accounted for 44 per cent … Read more

Ukrainians rejoice in newly liberated Kherson as the city races to restore power and water

Ukrainians rejoice in newly liberated Kherson as the city races to restore power and water

A mother and child embrace a Ukrainian soldier in the central square of Kherson, Ukraine, on Nov. 13, 2022, after Russian forces retreated from the city.Anton Skyba/For The Globe and Mail The billboards that still line the main road into Kherson promise that “Russia is here forever.” And there were times when residents of this … Read more