Trump fires back with video as supporters rush to form US president’s defense after FBI executes search warrant

Trump fires back with video as supporters rush to form US president’s defense after FBI executes search warrant

Former US President Donald Trump arrives at Trump Tower the day after FBI agents raided his Mar-a-Lago Palm Beach home, in New York City on Aug. 9.DAVID DEE DELGADO/Reuters Not long after FBI agents searched his Mar-a-Lago home Monday, Donald Trump unveiled a new video that casts him as the best person to once again … Read more

As more Canadians choose common-law relationships, experts urge estate planning

As more Canadians choose common-law relationships, experts urge estate planning

With nearly one in four Canadian couples now living in a common-law relationship, estate planning experts are urging the ever-growing number of nonmarried couples to draw up a will to ensure their life partners aren’t forgotten once they’re gone. Since 1981, the number of Canadians living in common-law relationships has risen by 447 per cent, … Read more

Stephen Harper’s endorsement shows no boost for Pierre Poilievre, new poll suggests

Stephen Harper’s endorsement shows no boost for Pierre Poilievre, new poll suggests

Federal Conservative leadership candidate Pierre Poilievre holds a campaign rally in Toronto on April 30.Chris Young/The Canadian Press Stephen Harper’s endorsement of Pierre Poilievre for the Conservative Party leadership may have soured some voters on the Ottawa MP, a new poll suggests. The former Conservative prime minister recently said Mr. Poilievre is his preferred choice, … Read more

Air Canada losses, pension boosts and real estate trends: The business and investing stories you need to know about this week

Air Canada losses, pension boosts and real estate trends: The business and investing stories you need to know about this week

An Air Canada jet takes off from Trudeau Airport in Montreal, Thursday, June 30, 2022. Air Canada is cutting more than 15 per cent of its scheduled flights in July and August as airports face lengthy delays and cancellations amid an overwhelming travel resurgence.Graham Hughes/The Canadian Press Getting caught up on a week that got … Read more

Zimbabwe introduces gold coin to help bolster collapsing currency

Zimbabwe introduces gold coin to help bolster collapsing currency

Reserve Bank of Zimbabwe Governor John Mangudya holds a sample of a gold coin at the launch in Harare on July, 25.Tsvangirayi Mukwazhi/The Associated Press Faced with a collapsing currency and the world’s worst inflation rate, the Zimbabwe government has introduced an unconventional new weapon: a 22-carat gold coin with a value of more than … Read more

Are Barry and Beth saving enough to retire at 62, help their kids with down payments and take a big trip soon?

Are Barry and Beth saving enough to retire at 62, help their kids with down payments and take a big trip soon?

Barry and Beth.Tijana Martin/The Globe and Mail At age 52, Barry and Beth are enjoying their peak earning years, bringing in a combined salary of more than $450,000 a year. He works in education, she is a senior executive at an investment firm. They have two children in university. Beth and Barry have a $2-million … Read more

Wealthsimple valuation slashed nearly in half by largest shareholder, Power-controlled IGM

Wealthsimple valuation slashed nearly in half by largest shareholder, Power-controlled IGM

A Wealthsimple Trade app icon is shown on a smartphone on Dec. 15, 2020.Jesse Johnston/The Canadian Press The largest shareholder of one of Canada’s most prominent startups, Wealthsimple Technologies Inc., has slashed the valuation of its holding for the second quarter in a row, as technology companies continue to face growing pressure. IGM Financial Inc., … Read more

Toronto and Vancouver home sales tumbled further in July as interest rates rose

Toronto and Vancouver home sales tumbled further in July as interest rates rose

In the Vancouver area, the typical price of a home was down 2.3 per cent from June to July.JENNIFER GAUTHIER/The Globe and Mail Real estate markets in Toronto and Vancouver tumbled further in July, with sales and home prices declining for another month as getting mortgages becomes more difficult and buyers wait to see how … Read more

A stock that’s risen 21,000% in less than a month. Plus, have markets actually bottomed?

A stock that’s risen 21,000% in less than a month.  Plus, have markets actually bottomed?

Stocks rallied sharply in July after bottoming in June and the big question for investors is whether a bigger move higher or a lower-than-June bottom is ahead. In Was That the Bottom?US institutional portfolio manager Ben Carlson frames the discussion as a legal courtroom battle. The case for the bulls – that June was at … Read more

Canada must put China ‘front and centre’ in Indo-Pacific strategy or it risks irrelevance, experts say

Canada must put China ‘front and centre’ in Indo-Pacific strategy or it risks irrelevance, experts say

Pedestrians walk past a screen showing footage of Chinese People’s Liberation Army (PLA) ships during an evening news program in Beijing on Aug. 2, 2022.TINGSHU WANG/Reuters The federal government’s forthcoming Indo-Pacific strategy must explicitly recognize and respond to the security threat China poses to the region, experts say, otherwise Canada risks being regarded as irrelevant … Read more