Lion Electric Loses $17.2 Million In The Third Quarter - [2022-11-25 601Iar]

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Canada to explore a free-trade agreement with Ecuador, in fresh run at lessening reliance on U.S., China: Marisa Coulton


Canada has been negotiating a trade agreement with the Pacific Alliance, which includes Chile, Colombia, Mexico, Peru and soon Ecuador, since 2017

Rogers exec reveals his $2-million post-merger bonus during tribunal: Denise Paglinawan


Rogers' $26-billion merger with Shaw will be the largest corporate acquisition in Canadian history if finalized. Read more.

The CRA is already challenging real estate transactions ahead of new anti-flipping rules: Jamie Golombek


New CRA rules on real estate flipping come into effect starting Jan. 1, but the taxman is already challenging some deals. Read on.

Nuclear energy — We CANDU it and we should: Special To Financial Post


We could turn Canada’s nuclear momentum into genuine energy security, climate action and economic development, writes Chris Keefer. Read on.

Tiff Macklem acknowledges the Bank of Canada is losing money for first time: Stephanie Hughes


Bank of Canada governor Tiff Macklem said that the central bank is on track to lose money for the first time in its history. Read more

Bank of Canada: higher interest rates still needed to tame inflation: Hsbc Breadcrumb


Bank of Canada Governor Tiff Macklem said inflation has come down in recent months, but still remains too strong. Read more.

'We'll go to the wall for you': Alberta Premier makes defiant speech to energy producers: Meghan Potkins


Alberta Premier Danielle Smith told energy producers that she will 'go to the wall' for them in her fight against Ottawa. Read on.

How Stephen Poloz thinks Canada can solve labour shortages and its lagging loonie: Stephanie Hughes


Former Bank of Canada governor argues that more transparent language could begin to unwind some of the issues. Read more.

Handing out cash to help people manage inflation only makes it worse: Hsbc Breadcrumb


Having extra money means people will continue spending, keeping demand for products and service high, and fuelling inflation more. Read on.

Peter Hall: Why inflation is not really the problem: Special to Financial Post


Inflation might soon be mastered, but at what cost? It’s the reaction to the remedy that will tell the tale, writes Peter Hall.

Vass Bednar: Digital ads are a desperate gamble in a fantasy economy: Special to Financial Post


Digital advertising is about as useful as making medical decisions by shaking a Magic 8 Ball, writes Vass Bednar. Find out more.

Couche-Tard hikes dividend as profit rises on higher gas prices: What you need to know: Marisa Coulton


Couche-Tard, which oversees a global network of convenience stores and gasoline stations, reported net earnings of US$810 million. Read on

Toronto rent climbs 26% from last year, but national average cools in October: Shantaé Campbell


Nationally, rents averaged $209 per month higher than in the same month a year ago. Find out more about rent prices across Canada.

Why lettuce is suddenly so unbelievably expensive: Gabriel Friedman


Down to Business looks at the 'perfect storm' of conditions that are pushing food prices higher. Have a listen

Bank of Canada’s Carolyn Rogers flags first-time homebuyers facing 'trigger rates' as risk: Stephanie Hughes


About half of variable-rate, fixed payment mortgages have hit their trigger rates, Bank of Canada estimates. Read more

Workers in Canadian Tire's supply chain not paid 'living wages,' union complains: Naimul Karim


United Steelworkers union alleges thousands of Bangladeshi factory workers who make clothes for Canadian Tire aren't paid enough. Read more.

The age of the toxic boss is over: Workers aren't willing to suffer for a paycheque anymore: Victoria Wells


Elon Musk's ultimatum to Twitter workers led to mass resignations, a sign that staffers still hold power, and will for years. Read more.

Billionaire Stephen Smith has a common name, but some uncanny talents: Joe O'Connor


The financial services tycoon has a talent for making vast quantities of money while generally staying out of the spotlight. Read more.

David Rosenberg: S&P 500 could drop as low as 2,500 before this bear market is finished: David Rosenberg


David Rosenberg expects better stock buying opportunities to arise down the road when a recession is fully “in the price.” Find out more

Diane Francis: Elon Musk must be held accountable for Twitter - Financial Post: Diane Francis


  1. Diane Francis: Elon Musk must be held accountable for Twitter Financial Post
  2. Musk considering more layoffs at Twitter MobileSyrup
  3. Report: Twitter is Laying Off More Of Its Employees Thurrott.com
  4. Twitter has been hollow…

    'Nobody wants that job': Some businesses are turning to robots to solve labour shortage woes: Bianca Bharti


    Hiring problems have forced some to embrace automation, but business investment faces headwinds in a slowing economy

    Markets keeping you up? Try this different goals-based investing approach: Martin Pelletier


    Here's a strategy that will help you get a good night's sleep, knowing your goals are not dependent on near-term market moves. Find out more.

    What people are watching on FP video: Financial Post Staff


    Inflation explained, shopping tips and housing market update. Have a look

    Mom taught me how: Six conversations to have with your daughters to ensure their financial wellness: Special to Financial Post


    Financial literacy is key to a successful future, so the next time you're in the car with your daughter, discuss these 6 topics. Read more.

    The digital generations are turning to analogue as life gets complicated: Special to Financial Post


    Sales of older technologies such as record players are rising as people start having mixed feelings about the digital age. Find out more.

    Rogers, Shaw families stand to be 'big winners' of merger, Competition Bureau expert tells tribunal: Denise Paglinawan


    Rogers' lawyer notes CRTC approved deal after considering impact on different stakeholders

    COP27 goes into overtime as Canada continues to face criticism on oil and gas stance: Meghan Potkins


    Canada resisted heavy lobbying from India and others to sign a final agreement committing to a complete phaseout of fossil fuels. Read on.

    'Team Transitory' holdout Stephen Poloz says the Bank of Canada is close to getting inflation under control: Stephanie Hughes


    Former Bank of Canada governor Stephen Poloz says despite high prices, core inflation is dimming. Read more on his inflation outlook

    Could the worst be over? National home price index pulls back from record declines: Gigi Suhanic


    The Teranet-National Bank Home Price Index fell 0.8% in October, a much smaller monthly decline than last month. Read on.

    Ottawa to issue Ukraine bond so investors can directly support the war-torn country: Financial Post Staff


    Proceeds from five-year bond with 3.3% return go to financial aid for Ukraine. Find out more

    Five investing lessons so you can be prepared for the next market event: Peter Hodson


    Can anything be learned from the disaster that has been stocks and bonds in 2022? Find out here.

    FP Answers: How do I use stock losses to lower my income taxes?: Julie Cazzin


    Be sure to consider whether to carry back or carry forward a loss to get the best bang for your buck. Read on.

    Five tips to keep your credit score safe this holiday shopping season: Special to Financial Post


    Credit is not good or bad; it is how we use it and manage it that can have an impact, writes Sandra Fry. Read more.

    Backed by Airbus and Air Canada, company says it's closer to pulling carbon from the sky: Meghan Potkins


    Air Canada and Airbus are backing a B.C. company, which says it is closer to being able to pull carbon from the sky. Read on.

    BMO debuts new technology funds that will be managed by Cathie Wood's ARK: [email protected]


    BMO ARK Funds include three ETFs and three mutual funds with the same tickers. Find out more.

    If you disagree with a CRA assessment, make sure you file an objection on time — or else: Jamie Golombek


    Skipping the step of filing objections to the Canada Revenue Agency proved fatal to these taxpayers' Tax Court cases. Find out more.

    Lightspeed is 'spending a fortune on hiring' as tech sector cuts thousands: Marisa Coulton


    Lightspeed Commerce Inc.'s CEO aims to pick up talent as Amazon.com, Facebook, Shopify and Twitter lay off employees. Read on

    Come from away: Ukrainian refugees help Newfoundland and Labrador companies soar: Joe O'Connor


    Newfoundland is home to a growing, highly literate Ukrainian refugee community keen to work and grateful to be somewhere safe. Read more.

    Impact of the 'S' in ESG found lacking in the real world: Barbara Shecter


    New ESG study finds gap between what companies are setting out to do and what can be measured in the real world. Find out more

    If you disagree with a CRA ruling, make sure you file an objection on time — or else: Jamie Golombek


    Skipping the step of filing objections to the Canada Revenue Agency proved fatal to these taxpayers' Tax Court cases. Find out more.

    How regulation slowed FTX's growth, limiting the toll of its collapse in Canada: Barbara Shecter


    Regulatory intervention in Canada kept at least a partial lid on the crypto platform FTX's blistering expansion. Find out more.

    'Part of something bigger': QuadReal's Roger Chouinard named 2022 Western Canada General Counsel of the Year: Special to Financial Post


    Passion for business led Quebec lawyer Roger Chouinard to new heights with B.C. real estate giant QuadReal Property Group. Read more.

    Inflation data raise odds of smaller rate hike in December, economists say: Gigi Suhanic


    Canada's consumer price index held at 6.9%, and that could mean a smaller rate hike from the Bank of Canada in December. Find out more

    Theresa Tam tests positive for creeping-government virus: Matthew Lau: Matthew Lau


    Theresa Tam's climate report is little more than a regurgitation of alarmist climate theories and dubious arguments. Read on.

    October housing starts reverse September's gains as Toronto construction plunges 47%: Shantaé Campbell


    The pace of Canadian housing starts slowed in October, reversing the surge in September. Find out more

    Canada's inflation surge stalls at 6.9%: What you need to know: Financial Post Staff


    Canada's annual inflation rate remained at 6.9 per cent in October in line with economists' expectations. Find out more

    Loblaw profits jump 23% in third quarter as Metro reports higher sales from inflation: Jake Edmiston


    Loblaw says its profit growth comes from increased sales of high-margin items such as cosmetics, not food. Find out more.

    CPPIB will sell companies that don't take ESG seriously, CEO says: Sheryl Tian Tong Lee, Bloomberg News


    CPPIB chief John Graham says the pension will divest if efforts to commit to net zero fail. Find out why other funds don't share his view.

    'The opportunity of a lifetime': How ATB's Stuart McKellar turned a short sojourn into a remarkable career: Special to Financial Post


    Stuart McKellar was honoured with the Lifetime Achievement Award at the 2022 WCGCAs. Read more.

    Why Canada's inflation rate could go higher, not lower, in tomorrow's data: Stephanie Hughes


    Hotter inflation figures for Canada are expected in October's report. Here's what that could mean for the Bank of Canada

    Elon Musk steps up firing of Twitter Inc. engineers who criticize him: Kurt Wagner, Bloomberg News


    In the past 24 hours, an estimated dozen or so Twitter employees have been let go after openly rebuking their new boss Elon Musk. Read more.

    Calgary-based crypto platform Bitvo terminates deal to be acquired by FTX: Barbara Shecter


    Bitvo says it has no exposure to FTX and is not part of the company's bankruptcy proceedings. Find out more.

    At least Pierre Poilievre thinks about monetary policy: William Watson: William Watson


    His plan for the Bank of Canada to control asset price inflation is a worthy idea, but not so easy to do with interest rates. Read on.

    Tiff Macklem turns tables on critics, calls on politicians, employers to boost supply of skilled labour: Stephanie Hughes


    Bank of Canada governor says immigration, investment in workers is needed to tackle mismatch between talent and jobs on offer. Read more.

    Noah Solomon: Dividends prove their value in good times and bad: Special to Financial Post


    Companies that pay sustainable dividends have provided the best returns over time, even during periods of elevated inflation. Read more.

    Ottawa to give out $800 million to clean fuels companies, with more funds to come: Gabriel Friedman


    Ottawa has dipped into its clean fuels-fund announcing $800 million for 60 companies in the sector's 'cutting edge.' Read on.

    Tobias Lütke: ESG is a good idea that's now 'broken, cynical and counter productive': Barbara Shecter


    Shopify CEO Tobi Lütke become the latest to speak out against ESG standards and greenwashing. Read more

    Canada's housing woes won't be solved by restricting newcomers, says immigration minister: Naimul Karim


    Canada’s immigration minister said closing the door on immigrants can never be the solution to the nation’s housing shortage. Read more.

    Union boss says Bank of Canada's Tiff Macklem is waging a class war: Randy Thanthong-Knight, Bloomberg News


    Unifor's Lana Payne accuses Tiff Macklem of telling employers to keep wages low and trying to engineer a higher unemployment rate. Read more.

    Unlimited flights between India and Canada given green light in move to rekindle trade ties: Bianca Bharti


    Previously, flights between India and Canada were limited to only 35 a week. Find out more about what this change means for the 2 countries.

    Three hall-of-fame investors share the lessons they learned along the way: Denise Paglinawan , Stephanie Hughes


    Legendary Canadian investors Kim Shannon, Bob Bertram and Tom Bradley speak about their careers. Read more.

    NASA's Artemis Marks First-Ever 8K Immersive Live Broadcast - Financial Post: GlobeNewswire


    MeetMo and Felix & Paul Studios collaboration allows NASA Artemis 1 launch to be viewed worldwide in 8K live broadcast

    Alberta is taking a seat at COP27 to help solve global energy crisis: Special To Financial Post


    We need to have an honest conversation about balancing climate policy with energy and food security, writes Alberta's Sonya Savage. Read on.

    Exclusive: Hockey Canada reveals it's lost almost $24 million in sponsorships this year: Barbara Shecter


    "The loss of Hockey Canada’s sponsor support has been significant," reads an exclusive statement to the Financial Post. Find out more.

    How something as common as rain in Vancouver can send shockwaves through Canada's entire food system: Jake Edmiston


    Canada's busiest port essentially stops loading grain ships whenever it rains in Vancouver — and that happens about 165 days a year. Read on

    Cryptocurrency blowout shows disruption fuelled by easy money often just disrupts your portfolio: Martin Pelletier


    Try to avoid businesses which depend on near-zero interest rates and easy money, writes Martin Pelletier

    Budmail 420 Launches Unique Cannabis Advent Calendar: Globenewswire Breadcrumb


    Budmail 420 announced that they have launched a cannabis advent calendar in Canada.

    'This is not a crash by any stretch of the imagination:' CIBC's Benjamin Tal on our slowing housing market: Financial Post Staff


    This week FP Video looked at the state of the economy, the war in Ukraine and what's ahead for stock markets. Have a look

    From $16 billion to zero: Fortune of FTX's Bankman-Fried wiped out: Venus Feng and Tom Maloney, Bloomberg News


    In possibly one of the greatest-ever destructions of wealth, FTX's Bankman-Fried goes from a $16 billion fortune to zero in days. Read on.

    Lion Electric's stock surges after school bus orders get a boost: Marisa Coulton


    Lion Electric's shares climbed 12 per cent this week after orders for its EV school bus got a boost from U.S. subsides. Read more here.

    Kevin Carmichael: Why the Bank of Canada's mandate renewal a year ago is causing Macklem headaches today: Kevin Carmichael


    Confusion about the Bank of Canada’s motivations have arisen because of a tweak to the mandate around employment. Kevin Carmichael explains.

    Departure of Onex's influential CEO Gerry Schwartz marks end of a dealmaking era: Barbara Shecter


    Consummate Canadian dealmaker Gerry Schwartz is stepping down as Onex CEO marking the end of an era. Read more here.

    Giant Tiger CEO departs amid efforts to position retailer as go-to discount store for inflation-weary shoppers: Bianca Bharti


    Giant Tiger's CEO Paul Wood left amid the worst inflation crisis in 40 years, complicating the retailer's plans to deliver savings. Read on.

    Giant Tiger fires CEO amid efforts to position itself as go-to discount store for inflation-weary shoppers: Bianca Bharti


    Giant Tiger fired CEO Paul Wood amid the worst inflation crisis in 40 years, complicating the retailer's plans to deliver savings. Find out more.

    David Rosenberg: Why that 'remarkable' stock market rally was just another head fake: David Rosenberg


    David Rosenberg says stock market rallies like the 5.5% surge in the S&P 500 tend to happen in bear markets, not bull markets. Read more

    Recession won't stop these Canadian employers from hanging on to staff: Steve Scherer and Julie Gordon, Reuters


    The challenge of hiring over the last few months is giving some companies pause over laying off workers, recession or not. Find out more.

    Onex founder Gerry Schwartz to step down as CEO: Denise Paglinawan


    Onex Corp. founder Gerry Schwartz announced he will step down as chief executive next year. Find out more

    Things investors should focus on and things they can probably ignore: Tom Bradley


    Focus more on what’s important and less on what’s urgent, writes Tom Bradley. Read on.

    Five steps to secure your family's long-term financial health: Special to Financial Post


    These steps can help organize your thoughts to devise a financial plan, regardless of where you are in your family building journey. Read on

    FP Answers: Should I put my seven rental properties into a corporation? Or is there a better option to save on taxes?: Julie Cazzin


    There may be no annual tax savings by adding rentals to a corporation, especially if you are a highly paid employee. Read more.

    Canadian companies Triple Flag and Maverix merge to boost gold-producing portfolio: Naimul Karim


    The trend of deals in the gold sector continues as Triple Flag and Maverix Metals merge to boost their precious-metals portfolio. Read on.

    Ikea offers staff cash, bigger discounts amid higher living costs: Eric Gaillard


    Ikea says its most cash-strapped staff can apply for financial assistance through a social fund amid the rising cost of living. Read more.

    Tiff Macklem says job market beginning to cool in fight against inflation: Stephanie Hughes


    Bank of Canada governor said the labour market is cooling, a signal the central bank thinks its efforts to constrain inflation are working.

    Competition Bureau opens probe of alleged 'greenwashing' by natural gas association: Barbara Shecter


    Competition Bureau is probing a complaint alleging the Canadian Gas Association's description of natural gas as clean are false. Read on.

    Slower U.S. inflation gives Fed room on interest-rate hikes: Hsbc Breadcrumb


    U.S. inflation cooled in October by more than forecast, giving Federal Reserve officials room to slow down interest-rate hikes. Read on.

    CRA denies taxpayer's costs of getting to work, but judge says taxman got it wrong: Jamie Golombek


    Jamie Golombek: A recent case walks us through a comprehensive legal analysis of when non-reimbursed employment travel may be tax deductible

    Is it prudence when Freeland spends $20 billion over budget? Opinion: Special To Financial Post


    Ottawa’s culture of frivolous spending and never-ending deficits needs to end, writes Franco Terrazzano. Read on.

    Lion Electric loses $17.2 million in the third quarter: Marisa Coulton


    Lion Electric says it is ramping up electric vehicle production. Here's what you need to know about its third quarter earnings.

    OSC alleges Cormark Securities was part of 'illegal' short-selling scheme: Barbara Shecter


    Cormark and their client allegedly devised a complex series of transactions in 2017 that would profit — 'virtually risk-free' — from an anticipated spike in demand for Canopy Growth Corp shares


    [news curation]@wakanda-forever



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