As the one-year expiry date looms closer, the largest lottery win in Atlantic Canadian history is still yet to be paired with its rightful owner. On April 15, 2023, Atlantic Lottery drew a winner for their $64 million Gold Ball jackpot and determined the ticket was purchased in Gloucester County, N.B. But as months passed
Rates on some fixed mortgages have dropped by a full percentage point in the past few months, opening up an opportunity for Canadians eyeing the spring housing market or with a mortgage of their own up for renewal. While experts say there’s little downside to securing a cheaper rate today, committing to a long-term mortgage with
Canadians preparing their taxes and finances for 2024 might find a bit of help from an unexpected friend: inflation. Though the rising cost of living tended to cool for much of 2023, still-elevated inflation from the last few years acts as a benchmark for a number of government programs and tax filing metrics.In other words
After nearly two years of hikes to the Bank of Canada’s benchmark interest rate, some forecasters are expecting the housing market correction will come to an end in 2024. But when that bottom hits, and how fiercely home sales and prices rebound, is a question dogging some Canadians who continue to grip the sidelines of
The federal government approved RBC’s $13.5-billion takeover of HSBC Canada in the waning days of 2023, despite concerns from critics that it will stifle competition. Banking customers will start to see next year how the acquisition, expected to close in the first quarter, shakes out. Here’s a look at some of the other changes expected
After the Bank of Canada held its benchmark interest rate steady in its final three decisions of 2023, the tone of conversations in markets has shifted firmly away from further rate hikes and staunchly into the camp of when cuts could begin. Even Tiff Macklem, the Bank of Canada’s top policymaker, has begun to acknowledge
Christmas arrived a few days early for one Nova Scotia family this year. On Thursday evening, Brandon Milligan and Sarah Levy of Berwick became nearly two million dollars richer after winning the fourth annual Christmas 50-50 draw hosted by Nova Scotia Firefighters 50-50, a non-profit group that raises money for fire departments throughout the province
Canada’s housing market cooled further in November as sellers joined buyers on the sidelines, hoping for activity to heat back up in the spring, according to the national real estate association. Some market watchers are meanwhile calling for a return to pandemic-era highs for home prices on the back of expected interest rate cuts in
Deanna Thompson says she often feels like she’s screaming as loud as she can in a room full of people and no one can hear her. That’s how she describes running the Alberta Animal Rescue Crew Society (AARCS), which has been receiving high volumes of surrendered pets since March.“I really feel that way some days
Descrease article font size Increase article font size Mastermind Toys will be rescued from the brink of bankruptcy less than two weeks after announcing it had filed for creditor protection. The prominent Canadian retailer announced Monday morning that it had entered into a deal with Unity Acquisitions Inc. that will see the majority of its 66