Financial Post

Financial Post

Average monthly rents in GTA rise 21% in August over last year

Article content Rent for all property types was up $430 to $2,528 from $2,098 in August 2021, further surpassing the pre-pandemic high of $2,461 recorded in 2019. The average is also now 28.2 per ce…..
Financial Post

NDP to call for investigation of grocery profits amid allegations of 'greedflation'

NDP members have been trying to pin rising food costs on grocery chain CEOs, blaming 'corporate greed' for driving inflation New Democratic Party leader Jagmeet Singh speaking during Question Perio…..
Financial Post

David Rosenberg: Make no mistake, the Fed is guiding us into a credit crunch

Tightening into monetary contraction, a soaring dollar and a deeply inverted yield curve are prelude to market crash U.S. Federal Reserve chair Jerome Powell has hiked interest rates aggressively, …..
Financial Post

Shopify targets physical retailers after an overly aggressive bet on e-commerce

Canada's largest e-commerce company will start selling new hardware for brick-and-mortar retailers The Shopify Inc. headquarters in Ottawa.Photo by David Kawai/Bloomberg files Article content Sho…..
Financial Post

Scotiabank's Brian Porter to retire, Finning CEO named to take helm

Scott Thomson comes from outside Scotias executive team, a rare transition in Canadas tight-knit banking world Scotiabank chief executive Brian Porter will retire in January 2023.Photo by Zach Gibs…..
Financial Post

OECD predicts Bank of Canada will hike interest rate to 4.5% in 2023

Global growth is now projected to slow to 2.2 per cent in 2023, down from a June forecast of 2.8 per cent. The OECD also cut its forecast for Canadas GDP growth by 0.4 per cent to 3.4 per cent in 20…..
Financial Post

Atlantic Canada begins long cleanup after Fiona leaves 'unprecedented' trail of destruction

'There's trees down everywhere. Roofs blown off people's houses and businesses and some community infrastructure' This handout image provided by Susan Sweet-Skinner on September 25, 2022, shows dam…..
Financial Post

What investors can do instead of betting on central banks to stop hiking rates

Martin Pelletier: Investors need to do more than simply 'wait it out' Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa.Photo by Blair Gable/Reuters files Article cont…..
Financial Post

It's the economy, stupid: FP videos on what Canadians care about

Article content Anne McLellan, a senior advisor for Bennett Jones LLP and former federal cabinet minister, talks to Financial Posts Larysa Harapyn about Canadas shortcomings and her work on the Coal…..
Financial Post

Global market storm gathers force as virtually no asset class is spared

A trader reacts on the floor of the New York Stock Exchange.Photo by REUTERS/Brendan McDermid Article content Gobal markets came under more pressure Friday as the mood over the economic outlook aro…..
Financial Post

Kevin Carmichael: Persistent labour shortages may prove a bittersweet victory for workers

Workers will reclaim a bigger piece of the pie, but will they be any better off than when wages were being suppressed? There are good reasons to think high numbers of labour shortages are here to s…..
Financial Post

Posthaste: Gen Z, millennials relying on 'bank of mom and dad' to meet financial goals

55% need a financial inheritance or windfall to reach their goals, study says Over half of gen Z and millennials need an inheritance or windfall to reach their financial goals, survey says.Photo by…..
Financial Post

Canada's creator economy is finally getting support after years of neglect

The creator economy is growing as more homegrown creators turn content into cash Early stage investment funds are starting to sink money into creators working with platforms that include ByteDance …..
Financial Post

In these high-cost times, it's especially crucial to teach kids savvy money skills

Children watch everything that parents do so it's important to set the example of healthy personal finance habits around spending and debt.Photo by Getty Images/IStock Reviews and recommendations ar…..
Financial Post

David Rosenberg: Slumping equity risk premiums mean there is more bear market to come

Equity risk premiums typically expand more than they have in this market downturn, writes David Rosenberg.Photo by Getty Images Article content By David Rosenberg and Marius Jongstra This advertis…..
Financial Post

Inflation tops list of concerns for Canadian businesses in third quarter: survey

Canada's year-long struggle with inflation is putting a strain on business owners The price of apples at the Northmart grocery store in Iqaluit, Nunavut, on July 28, 2022.Photo by Carlos Osorio/Reu…..
Financial Post

U.S. Fed delivers third-straight supersized hike, with more increases ahead

United States Federal Reserve chairman Jerome Powell.Photo by Elizabeth Frantz/Reuters files Article content Federal Reserve Chair Jerome Powell said officials were strongly committed to curbing in…..
Financial Post

U.S. Federal Reserve hikes rate 75 bps: Read the official statement

Article content Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevat…..
Financial Post

Lower rate of Canadians own homes despite increase in household incomes

Canada's homeownership rate has declined to 66.5% after peaking in 2011 at 69% as people struggle to get off sidelines New homes stand in East Gwillimbury, Ont.Photo by Cole Burston/Bloomberg Arti…..

About Financial Post

Source: Wikipedia
The Financial Post was an English Canadian business newspaper, which published from 1907 to 1998. In 1998, the publication was folded into the new National Post, although the name Financial Post has been retained as the banner for that paper's business section and also lives on in the Post's monthly business magazine, Financial Post Business. The Financial Post retains a loyal audience of English business readers in Canada, offering coverage similar to the Report on Business by The Globe and Mail. Though there has been frequent speculation that the Financial Post would be merged into the business sections of the regional newspapers owned by the National Post's parent, Postmedia News, much of the Post's editorial content is now syndicated to other Postmedia newspapers through the Postmedia News Service.
Newsdesk intends to be the most comprehensive news aggregator for the Financial Post, bringing you breaking news from around the world reported by the Financial Post online. If you need the latest headlines from daily news sources , breaking news this week, you don't need a daily newspaper anymore - use Newsdesk to keep up with the relevant news you need. This feed on the Financial Post news updates itself 24/7, continuously adding latest stories from numerous news sources, so that you can get a full perspective. No news source is censored - all perspectives are important.
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Starbucks is union busting by delaying bargaining. Expect more strikes.

Workers at a Starbucks right outside the University of Texas campus in Austin filed to unionize in March and won their election by a landslide in June. Its now nearing the end of August, and union wo…..