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1 week ago | 
globalnews.ca | Ari Rabinovitch
Wildfire season is here - and experts stress that Canadians and homeowners need to be more prepared in order to have the best chance at mitigating dangers to themselves and their properties. As dozens of wildfires rage across several provinces, including Manitoba, Saskatchewan and Alberta, all eyes are now on what this year's wildfire season could bring, and how Canadians can prepare amid increasingly expensive and frequent natural disasters.
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1 week ago | 
globalnews.ca | Ari Rabinovitch
Canadians who invest or own property in the U.S. could soon pay more in taxes if President Donald Trump gets his proposed new spending bill passed by the Senate. And everyday Canadians, as well as seasoned investors, could be affected. Not to be confused with Trump's tariff policies, his administration's so-called "Big, Beautiful, Bill" contains a large amount of tax amendments, with many aimed at nations with what Trump deems "unfair" foreign tax regimes.
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1 week ago | 
globalnews.ca | Ari Rabinovitch
The Canadian economy may narrowly avoid a recession this year, but the outlook for growth and the job market is still expected to take a hit from the trade war, according to the latest report from the Organization for Economic Co-operation and Development. In its Canada economic survey, the OECD outlines key areas that are already slowing or forecast to decline this year, including per capita GDP, housing affordability, adapting to climate change and business sector productivity.
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1 week ago | 
globalnews.ca | Ari Rabinovitch
Global economies are on edge as the trade war continues, and there's another sign in financial markets that things may be about to get worse. Demand for bonds worldwide is cooling down quickly as investors appear put off by the outlook for some major governments to be able to maintain their finances, including the United States.
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2 weeks ago | 
globalnews.ca | Ari Rabinovitch
Prime Minister Mark Carney says tariffs were part of the discussions he had when meeting with a U.S. congressional delegation visiting Ottawa on Friday. Carney spoke to Global News outside West Block after the meeting concluded and was asked if tariffs were part of the discussion. "Of course, we discussed tariffs," Carney said. The meeting included U.S. Democrats Jeanne Shaheen, Tim Kaine, Amy Klobuchar and Peter Welch, and Republican Kevin Cramer.
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2 weeks ago | 
globalnews.ca | Ari Rabinovitch
New data from the federal government shows demand for jobs is on the rise, with the number of users and views on the Canada Summer Jobs portal up roughly 50 per cent compared with last year. At the same time, the number of jobs available on that portal has not kept pace with the rising number of potential applicants amid what some experts are calling a "brutal" summer job market.
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2 weeks ago | 
globalnews.ca | Ari Rabinovitch
Summer is just around the corner, and for many young Canadians struggling to find a job, this year may be one of the most challenging. In recent months, many age groups and sectors have found it difficult to land a job, but younger workers seeking seasonal positions or their first job after graduating are among those getting hit the hardest. "Amidst tariffs and the extreme uncertainty that many (businesses) feel, it is absolutely brutal out there," public policy expert Vass Bednar says.
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2 weeks ago | 
globalnews.ca | Ari Rabinovitch
If Canada is heading for a recession, how severe could it be? That's the question being debated by many economists and financial experts who warn that the main driving force is the trade war brought on by U.S. President Donald Trump's tariff policies. The labour market has already been shedding jobs as tariffs take hold and companies brace for higher costs, and at least one economist is forecasting the loss of thousands of jobs in the coming months.
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2 weeks ago | 
globalnews.ca | Ari Rabinovitch
Springtime in Canada historically means that, like the weather outside, the real estate market in Canada will start to warm up very soon, but things seem a little different this year. With many experts noting a slower start than normal, those looking to move or even buy their first home could be in a position to find a deal depending on preferences, budgets and how willing you are to compromise.
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3 weeks ago | 
globalnews.ca | Ari Rabinovitch
Canadian homebuilders were busy last month getting started on new housing units, with a 30 per cent increase in April compared to March as the housing crisis remains top of mind for many. The Canada Mortgage and Housing Corporation reports the number of new home projects that got started last month totaled 278,606 units, up from 214,205 units in March. A "unit" is considered any residential home as small as a single apartment in a duplex or a highrise condominium up to a single detached house.
