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- SiriusXM's New SXM-7 Satellite, Built by Maxar and Launched Aboard a SpaceX Falcon 9, Performing Properly After Launch Financial Post
- SpaceX just launched a powerful Sirius XM satellite into orbit and nailed a rocket landing Space.com
## [Hudson's Bay court action getting retailer support as Ontario closes more areas: Barbara Shecter , Financial Post Staff](https://financialpost.com/news/retail-marketing/hudsons-bay-court-action-getting-retailer-support-as-ontario-closes-more-areas)
> Hudson’s Bay Co. ULC’s legal fight against lockdown orders in Ontario is drawing significant support from the broader retail sector as the provincial government expands its shutdown orders into two more regions. The legal challenge, which Hudson’s… ## [Five-fold jump in carbon tax would help Liberals reach climate targets — but could challenge Canada's competitiveness: Geoffrey Morgan](https://financialpost.com/commodities/energy/five-fold-jump-in-carbon-tax-would-help-liberals-reach-climate-targets-but-could-challenge-canadas-competitiveness)
> CALGARY — The federal Liberal government unveiled sweeping new climate change policies Friday, including plans for a five-fold increase in carbon taxes over the next 10 years, in a move that raises fresh concerns about affordability and competitiveness of tra… ## [This couple made a fortune in Apple shares — now they have to turn it into a stable retirement: Andrew Allentuck](https://financialpost.com/personal-finance/family-finance/this-couple-made-a-fortune-in-apple-shares-now-they-have-to-turn-it-into-a-stable-retirement)
> A couple we’ll call Bill, 51, and Cindy, 49, live in Vancouver with their 11-year-old child, Kim. Bill drives a truck for the local government pulling down $4,200 per month before tax. The Canada Child Benefit and various federal and provincial credits add $4… ## [Every crash is a buying opportunity — and other lessons from a stock market survivor: Peter Hodson](https://financialpost.com/investing/investing-pro/every-crash-is-a-buying-opportunity-and-other-lessons-from-a-stock-market-survivor)
> As this most unusual year draws to a close, I can’t help thinking, “Wow, it looks like I survived yet another market crisis.” Yep, in March it clearly looked like the world was going to end, at least for investors. It was ugly. But here we are at … ## [Judge says blame the bank, not the CRA, in latest TFSA overcontribution case: Jamie Golombek](https://financialpost.com/personal-finance/taxes/judge-says-blame-the-bank-not-the-cra-in-latest-tfsa-overcontribution-case)
> In just a few weeks, 2021 will begin, presenting a new opportunity for Canadians to sock away an additional $6,000 into their TFSAs. And, yes, you read that correctly: The TFSA dollar limit will remain at $6,000 for the third year in a row, since the inflatio… ## [Life on the border: Consumers in locked-down areas flock to neighbouring cities to shop: Special to Financial Post](https://financialpost.com/entrepreneur/life-on-the-border-consumers-in-locked-down-areas-flock-to-neighbouring-cities-to-shop)
> Almost all businesses during the early stages of the COVID-19 pandemic were forced to close their doors, spurring an increase in working from home and online shopping, but subsequent lockdowns have not been as widespread. For example, the Ontario … ## [HBC's legal challenge may hinge on evidence behind lockdown provisions, experts say: Barbara Shecter](https://financialpost.com/news/retail-marketing/hbcs-legal-challenge-may-hinge-on-evidence-behind-lockdown-provisions-experts-say)
> Hudson’s Bay Co. is facing a formidable but not impossible challenge in contesting government-mandated lockdowns in Toronto and nearby Peel Region that are keeping its stores closed, legal experts say. In documents filed Thursday, HBC called the p… ## [Canadians' $160-billion savings pile could be big boost to economy in 2021: Larysa Harapyn](https://financialpost.com/news/economy/canadians-160-billion-savings-pile-could-be-big-boost-to-economy-in-2021)
> RBC Chief Economist Dawn Desjardins talks with Financial Post’s Larysa Harapyn about what it will take to get the economy growing again.- 'Trouble on the horizon:' Canada's recovery plan not aimed at driving economic growth
- Huge l…
## [Bank of Canada says further drop to interest rate possible: Kevin Carmichael](https://financialpost.com/news/economy/bank-of-canada-says-further-drop-to-interest-rate-possible)
> The Bank of Canada said officially that it could potentially drop the benchmark interest rate below its current setting of 0.25 per cent, while emphasizing that it remains deeply skeptical of negative interest rates. That might not sound like a bi… ## [Hudson's Bay Co asks court to intervene against Ontario government's lockdown order: Financial Post Staff](https://financialpost.com/news/retail-marketing/hudsons-bay-co-asks-court-to-intervene-against-ontario-governments-lockdown-order)
> Hudson’s Bay Co. ULC is asking an Ontario court to intervene against the provincial government’s lockdown orders in Toronto and neighbouring Peel Region, arguing that the restrictions were “unreasonable and unfair.” The department store chain, beh… ## [The bull-ion argument: Why revisiting gold as an investment makes sense even if its price rises: Special to Financial Post](https://financialpost.com/financial-post-magazine/the-bull-ion-argument-why-revisiting-gold-as-an-investment-makes-sense-even-if-its-price-rises)
> Preparing your portfolio for a large market dislocation has long been a solid component of any investing strategy, but I don’t think anyone thought that we would experience a global pandemic along with the accompanying government response of lockdowns. … ## [David Rosenberg: Why the Biden presidency should book a passage to India: David Rosenberg](https://financialpost.com/investing/investing-pro/david-rosenberg-why-the-biden-presidency-should-book-a-passage-to-india)
> Joe Biden may have opted for a bunch of former Barack Obama officials in many posts so far, but I highly doubt he will go completely back to the old accord with regards to Iran. There will be more teeth attached to any new agreement, of that I am confident. E… ## [As Ottawa prepares to unveil its Clean Fuel Standard, industry warns of refinery shutdowns: Geoffrey Morgan](https://financialpost.com/commodities/energy/as-ottawa-prepares-to-unveil-its-clean-fuel-standard-industry-warns-of-refinery-shutdowns)
> CALGARY – Canada’s federal government is poised to unveil its long-awaited Clean Fuel Standard by the end of the year, which executives say is concerning for a wide range of industries that may not have sufficient time to make dramatic changes before new regu… ## [U.S. malls owners are buying up distressed retailer tenants. Will Canadian counterparts follow?: Barbara Shecter](https://financialpost.com/real-estate/property-post/u-s-malls-owners-are-buying-up-distressed-retailer-tenants-will-canadian-counterparts-follow)
> As Canadian retailers ranging from small shops to major mall anchors struggle to survive the pandemic, there are suggestions the country’s major shopping-centre landlords could take a page out of the playbook in the United States, where rent collectors have t… ## [Flying taxis set to take off in Singapore by 2023: Larysa Harapyn](https://financialpost.com/transportation/flying-taxis-set-to-take-off-in-singapore-by-2023)
> Singapore is set to host the world’s first electric-powered air taxi service by the end of 2023.- Uber sells cash-burning self-driving unit to Aurora to focus on turning a profit
- How Lion Electric scrapped plans for a solo IPO, ju…
## ['The way that we shop and dine has changed radically': Lightspeed CEO: Larysa Harapyn](https://financialpost.com/technology/the-way-that-we-shop-and-dine-has-changed-radically-lightspeed-ceo)
> Lightspeed CEO Dax Dasilva talks with the Financial Post’s Larysa Harapyn about the reasons behind the company’s recent acquisitions as the retail and dining landscape shifts.- Pandemic shutdowns the last straw for some Canadian retailers,…
## [Canadian home prices to fall up to 5% in 2021, Fitch predicts: Barbara Shecter](https://financialpost.com/real-estate/canadian-home-prices-to-fall-up-to-5-in-2021-fitch-predicts)
> Fitch Ratings expects Canadian home prices to decline by up to five per cent in 2021, falling back from a surge this year. “We attribute the expected decline to lower demand caused by elevated levels of unemployment and increasing affordability is… ## [The financial feminists: Sisters — with capital — are doing it for themselves: Mary Teresa Bitti](https://financialpost.com/entrepreneur/the-financial-feminists-sisters-with-capital-are-doing-it-for-themselves)
> Jennifer Reynolds is worried. “At the start of the pandemic, women were losing jobs in equal numbers to men, but men have since gone back to work in far greater numbers,” Toronto Finance International’s chief executive said. “About half of women who have not …
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- Pandemic shutdowns the last straw for some Canadian retailers,…
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