Adena Ali
Verified
Producer, MoneyTalk • Previously: Business Reporter @CdnPressNews, Producer @BNNBloomberg
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Articles by Adena Ali
Soaring gas prices are pushing more Canadians to seriously consider EVs
Sky-high gas prices are pushing electric vehicles (EVs) further into the spotlight as of late, as more drivers think seriously about going electric. Marketing professional Ash Molaei is one those people. "Gas prices are a big reason why I'm considering switching my relatively new sport utility vehicle for an electric one," he said in an interview. The average gas price across Canada was $1.70 per litre Friday, according to the Canadian Automobile Association (CAA), up 38% from a year ago.
Advice | How the elimination of interest on federal student loans could give graduates a boost
Lee Nisar has racked up about $50,000 in student loans. “I avoid looking at my student loan account for my own well-being most of the time,” said Nisar, who is a master’s student at Toronto Metropolitan University. While loan payments won’t begin until after she graduates, she is preparing for when that time comes.
Le marché de la rénovation poursuit son essor malgré l'inflation
«Cet été-là, nous avons vécu un été plus que normal, même si c'était avant la vaccination. J'ai eu l'impression que les gens se préparaient à la vague automnale, réalisant qu'ils seraient en télétravail et que les enfants ne retourneraient pas en classe en septembre», raconte Jordy Fagan, de la firme d'aménagement intérieur torontoise Collective Studio. En 2022 la demande est demeurée très forte malgré la perte de confiance des consommateurs.
Le marché de la rénovation poursuit son essor malgré l'inflation
L'élan du marché des rénovations n'a pas été freiné par l'inflation et la hausse des taux d'intérêt. La demande a été en pleine croissance au cours de la pandémie, notamment à partir de l'été 2020, les gens passant plus de temps à la maison. «Cet été-là, nous avons vécu un été plus que normal, même si c'était avant la vaccination.
Le marché de la rénovation poursuit son essor malgré l'inflation
La demande a été en pleine croissance au cours de la pandémie, notamment à partir de l'été 2020, les gens passant plus de temps à la maison. «Cet été-là, nous avons vécu un été plus que normal, même si c'était avant la vaccination. J'ai eu l'impression que les gens se préparaient à la vague automnale, réalisant qu'ils seraient en télétravail et que les enfants ne retourneraient pas en classe en septembre», raconte Jordy Fagan, de la firme d'aménagement intérieur torontoise Collective Studio.
Le marché de la rénovation poursuit son essor malgré l’inflation
L’élan du marché des rénovations n’a pas été freiné par l’inflation et la hausse des taux d’intérêt. La demande a été en pleine croissance au cours de la pandémie, notamment à partir de l’été 2020, les gens passant plus de temps à la maison. « Cet été-là, nous avons vécu un été plus que normal, même si c’était avant la vaccination.
Le marché de la rénovation poursuit son essor malgré l’inflation
L’élan du marché des rénovations n’a pas été freiné par l’inflation et la hausse des taux d’intérêt. La demande a été en pleine croissance au cours de la pandémie, notamment à partir de l’été 2020, les gens passant plus de temps à la maison. « Cet été-là, nous avons vécu un été plus que normal, même si c’était avant la vaccination.
Canada’s renovation boom continues despite heftier costs and rising interest rates
By Adena Ali The Canadian Press 3:02 Housing market was ‘unsustainably hot’ during pandemic, but is now a ‘vulnerability’: Macklem Susan Lambertis in the process of having her entire home renovated and is hopeful it will be completed by early next year. “We are knee-deep in a reno,” she said. After going through plans with an architect last year, getting the necessary approvals and some pandemic-related delays, the project officially started this past spring.
Renovation boom continues even as project costs increase and interest rates rise
Article content “I think people have some money saved away now,” she said. Meanwhile, BroLaws’ Kenney said one of the challenges over the past couple of years has been around quality labour, especially as demand remains hot and workers are stretched. He said his companyis working to foster interest in the trades and give young people the proper training and experience.
Telus raises quarterly dividend as it reports $551-million third-quarter profit
Telus Corp. T-T raised its dividend as it reported a profit of $551-million in its latest quarter, up from $358-million in the same quarter last year. The telecommunications company says it will now pay a quarterly dividend of 35.11 cents per share, up from 32.74 cents per share. Telus says its profit amounted to 37 cents per share for the quarter ended Sept. 30, up from 25 cents per share a year ago.
Federal student loan interest to be permanently eliminated: fiscal update
Advertisement 1 This advertisement has not loaded yet, but your article continues below. More than 1.8 million Canadian students owe the federal government a total of $20.5 billion, based on 2019 data from the Government of Canada website Article content Ottawa plans to make permanent its pandemic-era pause on student loan interest in an effort to reduce some of the current financial pressures on young Canadians as the cost of living rises.
Federal student loan interest to be permanently eliminated: fiscal update
Advertisement 1 This advertisement has not loaded yet, but your article continues below. More than 1.8 million Canadian students owe the federal government a total of $20.5 billion, based on 2019 data from the Government of Canada website Article content Ottawa plans to make permanent its pandemic-era pause on student loan interest in an effort to reduce some of the current financial pressures on young Canadians as the cost of living rises.
Federal student loan interest to be permanently eliminated: fiscal update
Advertisement 1 This advertisement has not loaded yet, but your article continues below. More than 1.8 million Canadian students owe the federal government a total of $20.5 billion, based on 2019 data from the Government of Canada website Article content Ottawa plans to make permanent its pandemic-era pause on student loan interest in an effort to reduce some of the current financial pressures on young Canadians as the cost of living rises.
Is a hotel or rental cheaper? What to know before planning your next trip
By Adena Ali The Canadian Press 3:05 Travelers warned to expect turbulence this holiday season Robert Malcolm is heading to Las Vegas this fall and after weighing the options of staying at a hotel or an Airbnb rental property, he is leaning towards booking a hotel. “Basically, it’s the Airbnb fees that kill you,” the 38-year-old said. If you’re looking to get away in the next few months, you might also be wondering how to get the best accommodation experience in the most cost-effective way.
Hotel vs. rental: When does it make sense to book one over the other?
Article content But sites like Booking.com and Tripadvisor also offer rental options these days. There are also other platforms on the market such as Sonder and Vacasa, although their listings are not as extensive as Airbnb. You can book these rentals through Booking.com instead of directly going through their sites as well.
Hotel vs. rental: When does it make sense to book one over the other?
Article content But its getting costlier to book Airbnbs in many cases as prices rose substantially over the last two years, noted Choi. If booking an Airbnb is going to cost close to the same amount as a hotel, “I feel like most people will just lean towards the hotel,” Choi said. He added that its easier to get discounts with hotels compared to vacation rentals.
Renewing your mortgage? Here’s what to know as the Bank of Canada raises rates
By Adena Ali The Canadian Press 4:53 Your Money: Tips for managing monthly mortgage payments due to rising interest hikes. If your mortgage is up for renewal in the coming months, you may be beginning to panic at the prospect of paying more to finance your home as the Bank of Canada continues its interest rate hiking cycle. The Bank of Canada hiked its overnight rate by half of a percentage point Wednesday, bringing it to 3.75 per cent.
Champagne's conditions on Rogers-Shaw deal generally positive, analysts say
Analysts say new conditions laid out by Industry Minister Francois-Philippe Champagne Tuesday indicate a willingness to get the proposed $26-billion deal between Rogers Communications Inc. and Shaw Communications Inc. across the finish line. The stipulations address the sale of Shaw-owned wireless carrier Freedom Mobile to Quebecor Inc.'s Videotron Ltd., a key component in the proposed transaction between the two telecom giants.
Renewing your mortgage as the Bank of Canada continues to hike interest rates
If your mortgage is up for renewalin the coming months, you may be beginning to panic at the prospect of paying more to finance your home as the Bank of Canada continues its interest rate hiking cycle. The Bank of Canada hiked its overnight rate by half of a percentage point Wednesday, bringing it to 3.75 per cent. Experts say its now time to take a step back and really take stock of your household situation, but don’t be afraid to shop around to ensure you get the lowest mortgage rate at renewal.
La hausse des prix à l'épicerie a alimenté l'inflation canadienne en septembre
Les Canadiens continuent de ressentir un pincement à l'épicerie alors que les prix des aliments ont grimpé le mois dernier à leur cadence la plus rapide en plusieurs décennies, et au moins un économiste estime qu'ils ne connaîtront probablement pas de répit significatif avant le début de l'année prochaine.
Soaring prices at the grocery store likely to linger into next year, watchers say
Canadians are continuing to feel the pinch at the grocery store as food prices continue to soar at the fastest rate in four decades, and one economist says there likely won't be any meaningful relief until early next year.
Soaring prices at the grocery store fuelling Canada's inflation rate
Canadians are continuing to feel the pinch at the grocery store as food prices continue to soar at the fastest rate in four decades, and one economist says there likely won't be any meaningful relief until early next year.
BoC's Macklem says he's not backing down on rate hikes, even as recession fears grow
Bank of Canada governor Tiff Macklem emphasized Friday (Oct. 14) that he has not changed his mind on interest rate hikes, even as expectations grow about a possible recession next year. Now is not the time to be flexible on interest rates, Macklem told reporters from Washington, where he was attending the annual meetings of the International Monetary Fund and the World Bank, reiterating the central bank’s current objective of restoring price stability and bringing inflation down.
Bank of Canada’s Tiff Macklem not backing down on interest rate hikes, even as recession fears grow
Advertisement 1 This advertisement has not loaded yet, but your article continues below. Governor reiterates the bank’s objective to restore price stability, bring inflation down to its two-per-cent target Article content WASHINGTON — Bank of Canada governor Tiff Macklem emphasized Friday that he has not changed his mind on interest rate hikes, even as expectations grow about a possible recession next year. Advertisement 2 This advertisement has not loaded yet, but your article continues below.
BoC's Macklem says he's not backing down on rate hikes, even as recession fears grow
Advertisement 1 This advertisement has not loaded yet, but your article continues below. Article content Bank of Canada governor Tiff Macklem emphasized Friday that he has not changed his mind on interest rate hikes, even as expectations grow about a possible recession next year. Advertisement 2 This advertisement has not loaded yet, but your article continues below.
BoC’s Macklem says he’s not backing down on rate hikes, even as recession fears grow
Bank of Canada governor Tiff Macklem emphasized Friday that he has not changed his mind on interest rate hikes, even as expectations grow about a possible recession next year. Now is not the time to be flexible on interest rates, Macklem told reporters from Washington, where he was attending the annual meetings of the International Monetary Fund and the World Bank, reiterating the central bank’s current objective of restoring price stability and bringing inflation down.
How Aritzia maintains momentum in a complex retail landscape | Globalnews.ca
As Canadian retail darling Aritzia gears up to report its latest quarterly earnings Wednesday, it continues to stand out as a leader and trendsetter in a complex, rollercoaster retail environment. The Vancouver-born fashion company founded by Brian Hill in 1984 and now run by long-time employee Jennifer Wong, has developed somewhat of a cult following, particularly over the last decade, successfully tapping into the social media, influencer generation.
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