Fears Of Poverty, Insolvency, Unemployment Top Of Mind For Stressed Out Canadians


## [Infrastructure Bank to embark on $10B growth plan, get creative in attracting investors: Geoff Zochodne](https://financialpost.com/news/fp-street/infrastructure-bank-to-embark-on-10b-growth-plan-get-creative-in-attracting-investors)
> The Canada Infrastructure Bank will get more creative in order to attract additional private-sector and institutional investors to its projects, its chair said, as the Crown corporation has been tapped to deploy billions as part of the federal government’s CO…
## [After hitting pause on aluminum tariffs, Trump looks to collaborate with Canada on 35 'critical minerals': Gabriel Friedman](https://financialpost.com/commodities/mining/after-hitting-pause-on-aluminum-tariffs-trump-looks-to-collaborate-with-canada-on-35-critical-minerals)
> Even as U.S. President Donald Trump labelled Canada a national security threat based on its aluminum exports, his administration is taking steps to strengthen the two countries’ collaboration on critical minerals, possibly including aluminum. On W…
## [Fears of poverty, insolvency, unemployment top of mind for stressed out Canadians: Colin McClelland](https://financialpost.com/news/fears-of-poverty-insolvency-unemployment-top-of-mind-for-stressed-out-canadians)
> It may be little surprise the pandemic has infected Canadians with more stress over debt, but a new survey offers the eye-openers that people fear the stigma of mental illness more than poverty and business failure, and young people are more afraid than their…
## [Hard seltzer a bright spot as Constellation Brands sees decline in second quarter sales: Bianca Bharti](https://financialpost.com/news/retail-marketing/hard-seltzer-a-bright-spot-as-constellation-brands-sees-decline-in-second-quarter-sales)
> U.S.-based alcohol giant Constellation Brands Inc. reported a decline in year-over-year sales for its fiscal second quarter on Thursday, but saw bright spots in the form of rising beer shipments to retailers and better than expected results from its Corona Ha…
## [The Great Rethink: Why the idea that everyone deserves to own a home is fundamentally flawed: Barbara Shecter](https://financialpost.com/news/economy/the-great-rethink-why-the-idea-that-everyone-deserves-to-own-a-home-is-fundamentally-flawed)
> The policy consensus that has guided economic decision-making for decades is being challenged like never before. The Financial Post explores the opportunities and unknown costs in the Great Rethink series. The pandemic got real in the middle of Ma…
## [Many businesses are stuck in a state of 'suspended animation,' BMO chief says: Geoff Zochodne](https://financialpost.com/news/fp-street/many-businesses-are-stuck-in-a-state-of-suspended-animation-bmo-chief-says)
> The chief executive of the Bank of Montreal said Wednesday that businesses are in something like a state of “suspended animation,” as the ongoing coronavirus pandemic is making firms cautious now, but could provide Canada’s fourth-largest lender with an oppor…
## [Real estate site that backstops home buyers raises $100 million to expand across Canada: Colin McClelland](https://financialpost.com/real-estate/real-estate-site-that-backstops-home-buyers-raises-100-million-to-expand-across-canada)
> A relatively new Canadian real estate agency, whose founders gained experience at Uber Inc. and Blackberry Ltd., is betting on artificial intelligence to alleviate the stress of buying a new home before selling an existing one. Now Toronto-based …
## [David Rosenberg: We’re in a depression, not recession — and the scars will take years to heal: David Rosenberg](https://financialpost.com/investing/investing-pro/david-rosenberg-were-in-a-depression-not-recession-and-the-scars-will-take-years-to-heal)
> There is a raging debate as to whether life ever gets back to “normal,” whatever that means. For example, there is a belief that with a vaccine or not, the citizenry is getting fed up with COVID-19, and everyone is aching to go out to eat and drin…
## [Natural gas producers frustrated by Ottawa's delay to TC Energy's biggest pipeline expansion: Geoffrey Morgan](https://financialpost.com/commodities/energy/natural-gas-producers-frustrated-by-ottawas-delay-to-tc-energys-biggest-pipeline-expansion)
> CALGARY — A delayed natural gas pipeline project in Alberta will impact close to $4 billion in planned capital spending this year, delay drilling plans and potentially lead to commodity price volatility next year, according to gas producers. “We w…
## [Americans got richer than ever during the pandemic, but Canadians haven’t followed suit: Andrew Allentuck](https://financialpost.com/personal-finance/americans-got-richer-than-ever-during-the-pandemic-but-canadians-havent-followed-suit)
> COVID-19 has infected and killed a higher proportion of the population in the United States than in Canada, but that hasn’t stopped household wealth from rebounding to a record level south of the border, outpacing wealth gains in Canada in the process. …
## [Grocers and food manufacturers build up stockpiles to guard against demand spikes in COVID's second wave: Financial Post Staff](https://financialpost.com/news/retail-marketing/grocers-and-food-manufacturers-build-up-stockpiles-to-guard-against-demand-spikes-in-covids-second-wave)
> Supermarkets and food manufacturers are building up their inventories to protect against surges in demand as a second wave of COVID-19 infections hits parts of Canada. Grocers and their suppliers don’t appear to be expecting the same level of hoar…
## [Fall Investing Playbook: Why it's a good time to trim back U.S. holdings before the election: Larysa Harapyn](https://financialpost.com/investing/fall-investing-playbook-why-its-a-good-time-to-trim-back-u-s-holdings-before-the-election)
> In the second of a three part-series on the fall investing outlook, Martin Pelletier, portfolio manager at Wellington-Altus Private Counsel, speaks with the Financial Post’s Larysa Harapyn about the historical effect of U.S. elections on the market, and what …
## [Second acts: How an Emmy award-winning reporter turned tech CEO landed a big deal: Joe O'Connor](https://financialpost.com/entrepreneur/second-acts-how-an-emmy-award-winning-reporter-turned-tech-ceo-landed-a-big-deal)
> Jeff Kofman had travelled the globe as a broadcast reporter for 30 years, interviewed presidents, covered coups and been embedded with United States troops in Iraq in 2003, with bombs and bullets flying, and peril near at hand. But none of that ha…
## [Canada won’t return to pre-pandemic employment for another five years, conference board warns: Colin McClelland](https://financialpost.com/news/economy/canada-wont-return-to-pre-pandemic-employment-for-another-five-years-conference-board-warns)
> The lingering pandemic will flatten and potentially stall Canada’s economic recovery into 2021 with non-energy investment particularly hit, says a new report by the Conference Board of Canada. Annualized non-energy, non-residential business invest…
## [Disney makes ‘heartbreaking’ decision to lay off 28,000 workers after theme park attendance crushed by virus - Financial Post: Reuters](https://financialpost.com/news/retail-marketing/disney-to-lay-off-about-28000-parks-unit-employees-due-to-coronavirus-hit-3)
>
  1. Disney makes ‘heartbreaking’ decision to lay off 28,000 workers after theme park attendance crushed by virus  Financial Post
  2. Disney to lay off 28000 at its parks in California, Florida  CTV News
  3. Disney to lay off 28,000 workers at …
    ## [How Canada can pull from behind the curve to a world leader in EVs — podcast: Gabriel Friedman](https://financialpost.com/commodities/energy/podcast-3)
    > In its throne speech earlier this month, the Liberal Government made big promises to cut Canada’s greenhouse gases to net zero by 2050, which will require big changes in the cars we drive and the way we live. This week on Down to Business, Cedric …
    ## [TC Energy in talks to sell portion of Keystone XL to indigenous firm: Geoffrey Morgan](https://financialpost.com/commodities/tc-energy-in-talks-to-sell-portion-of-keystone-xl-to-indigenous-firm)
    > CALGARY – Pipeline giant TC Energy Corp. announced Tuesday it was negotiating an agreement to sell a stake in its long-delayed and often challenged Keystone XL pipeline project to a company formed out of an alliance between five First Nations. TC …
    ## [Entrepreneurs will power the recovery, but they'll need more than a little help from government: Kevin Carmichael](https://financialpost.com/news/economy/entrepreneurs-will-power-the-recovery-but-theyll-need-more-than-a-little-help-from-government)
    > “I think it’s fertile ground for creativity,” former Bank of Canada governor Stephen Poloz said at the end of May, when gross domestic product was contracting at an annual rate of almost 40 per cent. Leave it to Sunny Stephen to find a bright spot…
    ## [Canadians now have the option to build their credit scores via rent payments: Victor Ferreira](https://financialpost.com/personal-finance/rent-payments-build-credit-scores)
    > Eight years after Canadians first became able to use their mortgage payments to build their credit scores, a similar option now exists for those who rent. The Toronto-based Landlord Credit Bureau, which is used by 30,000 landlords and property man…
    [news curation]@wakanda-forever

    Posted using [Partiko Android](https://partiko.app/referral/wakanda-forever)

Comments 0