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Business News Children are living at home for longer and it’s having a big effect on some child support decisions Business News Children are living at home for longer and it’s having a big effect on some child support decisions

Business News Children are living at home for longer and it’s having a big effect on some child support decisions

By 1 hour ago

Following a couple’s separation, there is no greater certainty than a parent’s obligation to support their children. But what happens if, over an extended period of time, a parent doesn’t meet that obligation? Can the other parent make a retroactive claim for child support? If so, should the claim be restricted in any way, including…

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Business News Alibaba raises up to $12.9 billion in landmark Hong Kong listing Business News Alibaba raises up to $12.9 billion in landmark Hong Kong listing

Business News Alibaba raises up to $12.9 billion in landmark Hong Kong listing

By 1 hour ago

HONG KONG — Chinese e-commerce giant Alibaba Group raised up to US$12.9 billion in a landmark listing in Hong Kong, the largest share sale in the city in nine years and a world record for a cross-border secondary share sale.The deal will be seen as a boost to Hong Kong following more than five months…

Business News Donald Trump says Nancy Pelosi is holding up the new NAFTA for impeachment votes Business News Donald Trump says Nancy Pelosi is holding up the new NAFTA for impeachment votes

Business News Donald Trump says Nancy Pelosi is holding up the new NAFTA for impeachment votes

By 1 hour ago

President Donald Trump complained that House Speaker Nancy Pelosi isn’t advancing his signature re-write of the North American Free Trade Agreement and accused her of somehow using the accord to secure votes for his impeachment.“Nancy Pelosi can’t get it off her desk. Just can’t do it,” Trump told reporters at a Cabinet meeting on Tuesday.…

Business News Brookfield markets new green bond in Canada, sets sights on Brazil and India Business News Brookfield markets new green bond in Canada, sets sights on Brazil and India

Business News Brookfield markets new green bond in Canada, sets sights on Brazil and India

By 1 hour ago

After selling three green project bonds in the U.S. and marketing a new one in Canada, Brookfield Asset Management’s renewable power business is setting its sights on South America and Asia.The Toronto-based company is selling bonds to refinance the existing debt of a pool of four hydroelectric facilities located in Ontario, according to a S&P…

Business News Now that Disney’s a tech company, it needs to figure out how to tackle password thieves Business News Now that Disney’s a tech company, it needs to figure out how to tackle password thieves

Business News Now that Disney’s a tech company, it needs to figure out how to tackle password thieves

By 1 hour ago

Some customers who signed up for Walt Disney Co.’s new Disney+ streaming service have seen their usernames and passwords sold online to third parties and have been locked out of their newly opened accounts.Disney said its system hasn’t been hacked and that it’s working to quickly address the issue. It’s possible that hackers obtained the…

Business News Canada in ‘good position’ to weather a possible economic storm: Bank of Canada Business News Canada in ‘good position’ to weather a possible economic storm: Bank of Canada

Business News Canada in ‘good position’ to weather a possible economic storm: Bank of Canada

By 1 hour ago

OTTAWA — Canada’s financial system is in a relatively good place to weather any potential storms generated by a weakening global economy and the U.S.-China trade war, a top Bank of Canada official said on Tuesday. Senior Deputy Governor Carolyn Wilkins said the central bank is not forecasting a recession at home or world-wide, but…

Business News CIBC’s ‘day late and a dollar short’ missteps turn investors off Business News CIBC’s ‘day late and a dollar short’ missteps turn investors off

Business News CIBC’s ‘day late and a dollar short’ missteps turn investors off

By 1 hour ago

Canadian Imperial Bank of Commerce’s CEO needs a win this earnings season.Five years into Victor Dodig’s time as chief executive officer of CIBC, the performance gap between Canada’s fifth-largest bank and its peers is as wide as ever.“They seem to be a day late and a dollar short,” said Barry Schwartz, chief investment officer of…

Business News Trans Mountain received $320 million in government subsidies this year, report says Business News Trans Mountain received $320 million in government subsidies this year, report says

Business News Trans Mountain received $320 million in government subsidies this year, report says

By 1 hour ago

VANCOUVER — The Trans Mountain pipeline received $320 million in subsidies from the Canadian and Alberta governments in the first half of 2019, says a new report by an economic institute that analyzes environmental issues.The money included $135.8 million in direct subsidies and $183.8 million in indirect subsidies that were not clearly disclosed to taxpayers,…

Business News Baby boomers are thriving on an ‘unprecedented’ $9-trillion inheritance Business News Baby boomers are thriving on an ‘unprecedented’ $9-trillion inheritance

Business News Baby boomers are thriving on an ‘unprecedented’ $9-trillion inheritance

By 1 hour ago

The rich aren’t just getting richer. They’re getting older. And, fortunately for their children, they’re set to leave plenty of money in the bank.About US$36 trillion will flow from one generation to another over the next 30 years, according to a report Tuesday from wealth manager United Income. The pace of bequests has already started…

Business News Microsoft Teams surpasses 20 mln daily active users; rival Slack shares slip – Financial Post Business News Microsoft Teams surpasses 20 mln daily active users; rival Slack shares slip – Financial Post

Business News Microsoft Teams surpasses 20 mln daily active users; rival Slack shares slip – Financial Post

By 1 hour ago

Microsoft Corp said on Tuesday its workplace messaging app, Teams, has more than 20 million daily active users, up from 13 million users in July.The software maker offers the app as a free add-on platform to its Office365 users. Through Teams, users can start a chat, share files, make calls and hold web conferences.Microsoft Teams,…

Business News OSC’s ‘burden reduction’ overhaul to save businesses millions Business News OSC’s ‘burden reduction’ overhaul to save businesses millions

Business News OSC’s ‘burden reduction’ overhaul to save businesses millions

By 1 hour ago

Businesses regulated in Ontario’s capital markets will save close to $8 million a year following implementation of a swath of new “burden reduction” reforms to be unveiled Tuesday by the Ontario Securities Commission.The OSC overhaul is a central component of the Ontario government’s pledge to put an “open for business” stamp on the province. It…

Business News Microsoft Teams surpasses 20 million daily active users, up 50% from July Business News Microsoft Teams surpasses 20 million daily active users, up 50% from July

Business News Microsoft Teams surpasses 20 million daily active users, up 50% from July

By 1 hour ago

Microsoft Corp. said on Tuesday its workplace messaging app, Teams, has more than 20 million daily active users, up from 13 million users in July.The software maker offers the app as a free add-on platform to its Office365 users. Through Teams, users can start a chat, share files, make calls and hold web conferences.Microsoft Teams,…

Business News Canadians are living longer and it’s changing the financial equation for retirement Business News Canadians are living longer and it’s changing the financial equation for retirement

Business News Canadians are living longer and it’s changing the financial equation for retirement

By 1 hour ago

Throughout our careers, we all occasionally dream of the day we retire and imagine what our lives will look like then. Whether we’re travelling the world or enjoying time with our loved ones, retirement — and having the flexibility to do what we want, when we want — is something we should be able to…

Business News Canadians finding retirement is not all it’s cracked up to be: survey Business News Canadians finding retirement is not all it’s cracked up to be: survey

Business News Canadians finding retirement is not all it’s cracked up to be: survey

By 1 hour ago

Almost three in four retirees (72 per cent) say retirement is not what they were expecting — and not in a good way, according a new Sun Life Financial Inc. survey being released Tuesday.The 2019 Sun Life Barometer, based on an Ipsos online poll, found that many Canadians don’t seem to be financially prepared for…

Business News Alberta is facing a full-blown economic crisis and it needs support, not condescension Business News Alberta is facing a full-blown economic crisis and it needs support, not condescension

Business News Alberta is facing a full-blown economic crisis and it needs support, not condescension

By 1 hour ago

Western Canada is currently facing uncertain times not witnessed since the Petro-Canada Centre, better known as Red Square, was built to house the then Crown Corporation in downtown Calgary in 1983. And with no resolution in sight for the five-year-long rout in oil and natural gas prices, things are going to get a lot worse…

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