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stars and dogs
The Globe’s stars and dogs for the week
Travel
Why is flying in Canada so expensive? Sky-high airport fees don’t help
Canada imposes user fees on passengers and airlines that are the most expensive in the world, according to WestJet CEO Alexis von Hoensbroech
oil
Russia says it won’t accept an oil price cap; warns of cutoffs
Moscow has repeatedly said it will not supply oil to countries that implement the cap
opinion
The new price cap on Russian oil will not deliver the fatal blow to Putin’s war machine, maybe not even a bruise
Eric Reguly
Eric Reguly
CIBC
CIBC loses billion-dollar suit to New York hedge fund over debt deals dating back to the 2008 U.S. housing crisis
CIBC said Friday it intends to appeal the decision handed down by a New York State Court late Thursday, which found the bank liable for damages in a case filed by Cerberus Capital Management L.P. in 2015
CIBC got clobbered this week. The stock is worth a look
Retail
Simons faces criticism for campaign highlighting medical assistance in dying
The Quebec fashion retailer went viral for all the wrong reasons
Inflation
opinion
Yes, the Bank of Canada has waged a ‘class war’ – but not the one you think
The real class war was in not raising interest rates for the past decade, which benefitted only the rich
John Rapley
opinion
Pandemic hangover is pushing U.S. shoppers to put debt concerns aside and just live it up
gus carlson

More top stories in business

Opinion

If stock buybacks are worth taxing, they are worth tracking
David Milstead
David Milstead
With a potential recession looming, here’s a primer on severance laws to make sure you get what you deserve
Daniel Lublin
Daniel Lublin
An underrated inflation buster: People accept lower wages if they can work from home
Linda Nazareth
Linda Nazareth
Going back to the office full-time comes at the cost of inclusion and diversity
Mary Ann Yule
Twitter was an unprofitable mess long before Elon Musk – he might be its only lifeline
Goran Calic

Personal finance

More articles
Why Canadians living with disabilities face barriers to financial security
opinion
Pandemic hangover is pushing U.S. shoppers to put debt concerns aside and just live it up
gus carlson
financial facelift
Should Irene melt down her RRSP to try to save some of her OAS from being clawed back?
National Bank scraps borrowers’ ability to transfer mortgages to new homes
A simple Christmas with less waste and more joy isn’t built on an avalanche of gifts for my child
Bridget Casey
Retirement meant performing ballet in Mexico for this 70-year-old
young money
Ottawa promised $10-a-day child care. Unless people speak up, that’s not what we’ll get
Paul Kershaw
MoneySmart Bootcamp

Stress Test podcast

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Financial advice for 20-40 somethings with Rob Carrick and Roma Luciw

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Why more Canadians are choosing to be childfree or delay parenthoodPodcast
Is it still a good time to ask for a raise, with a recession looming?Podcast

Economy

More articles
opinion
Pandemic hangover is pushing U.S. shoppers to put debt concerns aside and just live it up
gus carlson
opinion
Yes, the Bank of Canada has waged a ‘class war’ – but not the one you think
John Rapley
Bank of Canada expected to end year with one more rate increase, likely to pause hikes soon

Financial services

explainer
Canada’s Big Six banks reported fourth-quarter earnings this week. Here’s what you need to know
Banks report longer amortization periods on mortgages as borrowers struggle with higher rates
TD Bank’s fourth-quarter profit exceeds expectations on higher rates boost

Globe Investor Quick Links

Energy and resources

More articles
explainer
What’s the effect of Russian oil price cap, ban?
G-7 joins EU on $60-per-barrel price cap on Russian oil
OPEC+ seen heading for oil policy rollover, cut not ruled out

Technology

More articles
Facebook’s skewed audience for job ads draws new U.S. complaint
Canada’s tech sector saw employment, pay inequities persist between 2001 and 2016: report
Facebook owner Meta sought to settle EU antitrust investigations, sources say

International business

More articles
ROB magazine
Canada’s Top Wealth Advisors: Best in Province 2022
In partnership with SHOOK Research, The Globe and Mail presents its inaugural ranking of the country’s most effective financial advisors by region
Michael McCain and his successor dish on the transfer of power at Maple Leaf Foods
Global Visionary of the Year: Alexandre L’Heureux is more accounting nerd than engineer, but he’s grown WSP Global into a powerhouse
Canada’s Top Wealth Advisors: How firms big and small are struggling to bring in more women

More business news

newsletter
Lessons from Canada’s World Cup appearance to improve your career
Amgen says experimental obesity drug has promising durability
Russia says it won’t accept an oil price cap; warns of cutoffs
opinion
Pandemic hangover is pushing U.S. shoppers to put debt concerns aside and just live it up
gus carlson
opinion
Yes, the Bank of Canada has waged a ‘class war’ – but not the one you think
John Rapley
Simons faces criticism for campaign highlighting medical assistance in dying
Activision Blizzard game testers vote to join union
Freeport LNG: Another production restart delay, to year’s end

Video

Alex Jones seeks bankruptcy after $1.5 bln verdictsVideo
How, and why, we are going back to the moonVideo
How does a credit score affect the rest of your finances?Video
With just a ball and a trampoline, we explore Einstein's general theory of relativityVideo
Twitter launches Musk's $8-a-month blue checkmarkVideo
Video: Drawing Conclusions: How much does it cost to break a mortgage?Video
How advisors can manage their hybrid teams’ cybersecurity risksVideo
Alex Jones seeks bankruptcy after $1.5 bln verdictsVideo

In case you missed it

opinion
What did Qatar actually buy with the billions it spent on the World Cup?
Victor Matheson
Lower home prices, no recession, major inflation relief: What Goldman Sachs is predicting for Canada in 2023
Why after-work drinks aren’t so fun for everyone
Ontario’s real estate industry regulator is ineffective, Auditor-General says

Sections

Future of work
opinion
Going back to the office full-time comes at the cost of inclusion and diversity
Mary Ann Yule
opinion
Canada’s overly educated work force is nothing to be proud of
Rob Csernyik
When office gossip goes too far: What to do when you’re the target
Careers
newsletter
Lessons from Canada’s World Cup appearance to improve your career
With a potential recession looming, here’s a primer on severance laws to make sure you get what you deserve
Daniel Lublin
Daniel Lublin
opinion
Going back to the office full-time comes at the cost of inclusion and diversity
Mary Ann Yule
Tax policy
analysis
Tax & Spend: Ottawa’s carbon crackdown in the East will blow a hole in provincial budgets
Patrick Brethour
Patrick Brethour
analysis
Tax & Spend: The Liberals’ rewiring of the Canada Workers Benefit makes it more generous - and less fair
Patrick Brethour
Patrick Brethour
analysis
Tax & Spend: Canada’s coming productivity slump
Patrick Brethour
Patrick Brethour
Small business
Red-hot market for buying dental, veterinary and other health practices begins to cool
FYihealth, Functionalab merging to form new medical-aesthetics entity
opinion
Hockey Canada must face its sins – but how does the organization rebuild?
Norm O’Reilly and Rick Burton

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