Lynx Air announced Thursday that it has filed for creditor protection from the Court of King’s Bench of Alberta. The airline said in a release that it will cease operations at midnight, Monday, Feb. 26, with flights continuing until then.
Traditionally, mutual funds have stood as a go-to investment strategy for those looking to grow their wealth without the effort of stock-picking. But financial columnist Christopher Liew outlines some reasons why mutual funds often aren’t the golden ticket they're made out to be, especially in Canada.
When asking for a raise, it's tempting to acknowledge the elephant in the room - the surging cost of living brought on by inflation and interest rate hikes that have hammered household budgets. But that's not what employers want to hear when discussing pay.
As many Canadians try to squeeze every last dollar out of their budget to cope with the soaring cost of living, financial experts say cutting expenses to the bone is not always a viable option and they should instead focus on increasing their income.
The Canada Pension Plan Investment Board says its fund earned a net return of 3.4 per cent in its latest quarter.
A growing number of financially savvy Canadians have discovered a way to make homeownership more affordable by purchasing a home with their friends. In his financial advice column for CTVNews.ca, Christopher LIew explains the basics of how co-owning a home works, while outlining some of the pros and cons.
With an overwhelming number of insurance types to choose from, it can be difficult to differentiate between the crucial and the nice-to-haves. In his financial advice column for CTVNews.ca, Christopher Liew provides an overview of some of the most popular types of policies and what they cover.
Rachael Gambino and Garrett Mazzeo planned their financial life by the book: They went to college, paid down debt, saved aggressively, got married, bought a house, started a family. The dream. But, they say they wouldn’t do it all over again quite the same way.
Some tax changes this year are increasing costs for Canadians, including one that a tax specialist says could be the 'last winter storm of the season that really turns things upside down.'
Statistics Canada has released new data about how the economy started off the new year, saying the country's inflation rate has slowed and now sits at 2.9 per cent. One economist explains what's behind the decline.
For people living in rental housing, it’s not a secret: it can be a stressful experience. A new study from Statistics Canada says renters report a lower quality of life compared to people who own their homes. Canadians who rent reported feeling financial strain, and advocates say that’s no surprise.
Home sales rose in an unseasonably warm January to mark a second month of rising activity and softening prices, the Canadian Real Estate Association said Wednesday.
As a crushing housing stock shortage, record prices and skyrocketing rents spur an exodus from Canada's biggest cities, the federal government announced almost $100 million in new funding to tackle rent affordability. One researcher is warning, however, that although the additional support is "absolutely needed" it's not a long-term solution to a growing problem.
A growing number of financially savvy Canadians have discovered a way to make homeownership more affordable by purchasing a home with their friends. In his financial advice column for CTVNews.ca, Christopher LIew explains the basics of how co-owning a home works, while outlining some of the pros and cons.
They met in California back in the 1970s when they were both 18 and went on to marry at the age of 21. Five decades later, the American exes are both living in Italy with their husbands.
The federal government will continue to ban foreign nationals from buying homes in Canada for another two years as housing affordability concerns continue to trouble cities across the country.
Small, loosely-regulated lenders in Canada who rode a pandemic housing boom to offer mortgages at high interest rates are now showing signs of stress as a spike in living costs pushes some homeowners toward a default.
A Waterloo couple is grateful to be back home after they say they were detained for several hours at a Punta Cana airport, accused of carrying drugs.
Premier David Eby has been clear that speculators are in his crosshairs, and with the 2024 budget his government has announced details of a new 'BC Home Flipping Tax.'
The worker killed when a crane's load came crashing down at the massive Oakridge Park development project in South Vancouver this week was a mother of two, sources tell CTV News.
Ten delays, one cancellation, and about 27 hours later, Air Canada travellers trying to jet out of Fort Lauderdale finally made what one of them is calling a 'hellish journey' back to Toronto.
Westlock residents are voting Thursday on a bylaw that would prohibit rainbow crosswalks, a common symbol of support for the LGBTQ2S+ community, and restrict the town to flying only government flags.
There were haunting scenes in Port Coquitlam Wednesday evening, as family and friends of women victimized by serial killer Robert Pickton held a vigil in their memory, at the site of the former pig farm.
The judge overseeing the US$355 million civil fraud case has denied Donald Trump’s request to delay the judgment for a month.
A fire engulfed two residential buildings in the eastern Spanish city of Valencia on Thursday, killing four people and leaving 19 others missing hours after the blaze started, authorities said.
Israeli strikes have killed at least 71 people in southern and central Gaza during roughly the past 24 hours, the territory's health officials said Thursday.
A Black high school student’s monthslong punishment by his Texas school district for refusing to change his hairstyle does not violate a new state law that prohibits race-based hair discrimination, a judge ruled on Thursday.
U.S. authorities have accused another sanitation company of illegally hiring at least two dozen children to clean dangerous meat processing facilities, the latest example of illegal child labour that officials say is increasingly common.
A fire that killed five members of a Missouri family was intentionally set by the mother, police said.
Sylvester Stallone revealed that he had seven major surgeries after suffering a neck fracture shooting a fight scene with Stone Cold Steve Austin on the set of “The Expendables” in 2010.
Former talk show host Wendy Williams has been diagnosed with progressive aphasia and frontotemporal dementia, according to representatives for Williams.
Toronto native Mae Martin will host the 2024 Canadian Screen Awards.
More people are injured by treadmills than any other piece of exercise equipment, according to the U.S. Consumer Product Safety Commission. More than 22,000 treadmill injuries resulted in hospital emergency room visits in 2019.
Amid a growing number of measles outbreaks in the United States and Europe, health officials are warning the public about the possibilities of outbreaks in Canada, with one infectious disease specialist saying even a few measles cases can spark an outbreak.
Alabama's largest hospital paused in vitro fertilization treatments Wednesday as providers and patients across the state scrambled to assess the impact of a court ruling that said frozen embryos are the legal equivalent of children.
A photo of federal Agriculture Minister Lawrence MacAulay eating lobster in Malaysia during an official trip has some people seeing red.
Justin Trudeau took an unprompted jab at Pierre Poilievre over a Senate porn bill that the prime minister says could usher in a digital ID for adults who want to browse certain websites.
Canada is the only NATO member without a plan or a timeline to reach the alliance's target of spending two per cent of GDP on defence, according to the U.S. ambassador to NATO.
A spacecraft built and flown by Texas-based company Intuitive Machines landed near the moon's south pole on Thursday, the first U.S. touchdown on the lunar surface in more than half a century and the first ever achieved by the private sector.
A set of smart vending machines at the University of Waterloo is expected to be removed from campus after students raised privacy concerns about their software.
Putting a wet iPhone in uncooked rice has for years been a popular method to dry it out, but the company now says that's not what users should do.
