April 18, 2024
Home Canada
Mortgage

Trudeau to introduce ‘halal mortgage’ for Muslims in Canada, bans foreigners from buying home for 2 years – Firstpost

  • April 17, 2024

Canadian Prime Minister Justin Trudeau. Reuters File With a particular focus on the Muslim community, the Canadian government is exploring options to broaden access to financing alternatives, including halal mortgages. Part of Prime Minister Justin Trudeau’s efforts to support Canadians aspiring to become homeowners, particularly Muslims, the Liberal government in the recent federal budget revealed

Read More
Finance

Canada proposes higher tax on 0.1%—For anyone under 40, it’s ‘just harder to establish yourself,’ finance minister says

  • April 17, 2024

Canadian Prime Minister Justin Trudeau ’s government announced Tuesday it is imposing higher taxes on the wealthiest Canadians as part of the federal budget. The budget proposes to increase the capital gains inclusion rate, which refers to the taxable share of profit made on the sale of assets. The taxable portion of capital gains above $250,000 Canadian

Read More
Crypto

Opinion: My ill-fated dip in the cesspool of cryptocurrency

  • March 24, 2024

Open this photo in gallery: Representations of cryptocurrency Bitcoin in Paris on March 9.Benoit Tessier/Reuters Rob Csernyik is a 2022 Michener-Deacon fellow and a contributing columnist for The Globe and Mail. When Bitcoin hit an all-time high of nearly US$74,000 on March 14 – pushing the cryptocurrency market to a dizzying US$2.8-trillion – I was

Read More
Loans

Canada regulator to cap number of mortgages to highly indebted borrowers

  • March 22, 2024

OTTAWA/TORONTO (Reuters) -Canada’s banking regulator on Friday said lenders will have to limit the number of mortgage borrowers with highly leveraged loans in their portfolios as Canadians grapple with the burden of huge debt in a challenging economic environment. In an emailed statement, the Office of the Superintendent of Financial Institutions (OSFI) said it is

Read More
Investment

21% of Singapore NRIs are influenced by global trends in investments, survey reveals

  • February 7, 2024

The investment landscape in India offers an enticing opportunity for non-resident Indians (NRIs) looking to diversify their portfolios. This is because NRIs can choose from a diverse array of options, ranging from conventional choices like real estate and equities to modern avenues such as startups and angel investing, allowing them to align with their risk

Read More
Funds

Countries Pause UN Funds For Gaza Amid Claims Staff Involved In October 7 Attack

  • January 27, 2024

The UNRWA played a pivotal aid role in Israel’s current war on Hamas in Gaza (File) London: Britain, Italy, and Finland on Saturday became the latest countries to pause funding for the United Nations refugee agency for Palestinians (UNRWA), following allegations its staff were involved in the Oct. 7 Hamas attacks on Israel. Set up

Read More
Finance

Five sneaky good deals in investing and personal finance to pursue in 2024

  • January 2, 2024

Some of the best deals in investing and personal finance never get any hype or marketing, which means they’re quietly waiting for you to discover them. Here are five examples I have accumulated over the past year. Take a moment to see if any of them can help you in 2024: 4 per cent savings

Read More
Crypto

Hong Kong prepares for retail access to spot cryptocurrency exchange-traded funds, boosting city’s virtual-asset hub ambitions

  • December 26, 2023

Hong Kong previously only allowed retail participation in cryptocurrency futures ETFs, which hold virtual-asset futures contracts, instead of direct investments in crypto tokens at their spot prices. 03:03 The cryptocurrency scandal gripping Hong Kong The cryptocurrency scandal gripping Hong Kong Hong Kong’s latest initiative shows the determination of policymakers to rebuild investors’ confidence in virtual

Read More
Crypto

Edmonton man turns to fraud-tracing group after losing $500K in cryptocurrency scam – Edmonton

  • December 22, 2023

An Edmonton man says he was close to retirement when he invested in a cryptocurrency-based scam. He’s now out hundreds of thousands of dollars. The man looked for help and found an Edmonton-based non-profit group after more than two years of searching. It all started when Cody Lauzon said he couldn’t pass up a post

Read More
Mortgage

Will 2024′s mortgage market be a meltdown or a money maker? Four predictions for next year

  • December 21, 2023

The economic vibe for 2024 is like a mixtape of bad songs: high inflation, elevated interest rates, wobbly home values, stricter regulations, rising unemployment and escalating loan defaults. This carnival of financial mayhem doesn’t sound like a great time to pour cash into mortgage companies. But if rates tumble as expected, 2024 could have some

Read More