You are here

The Canadian Press

More Canadians need emergency savings

TORONTO—Canadians on average are socking away more money for potential financial emergencies than in the past, but a new survey has found that almost a quarter are still living paycheque to paycheque.

The survey, conducted by Pollara for the Bank of Montreal (TSX:BMO), found that Canadians on average have $41,694 in emergency savings, up from an average of $35,237 in 2014.

Saskatchewan projecting $292M deficit; province blames wildfires, low oil prices

REGINA — Saskatchewan is forecasting a $292-million deficit this year mainly due to low oil prices and the cost of fighting wildfires that forced thousands of people from their homes this summer.

Finance Minister Kevin Doherty announced the red ink Monday in the province’s first-quarter report for the 2015-16 fiscal year.

More than half of Canadians have less than $10K set aside for emergencies: BMO

TORONTO — Canadians on average are socking away more money for potential financial emergencies than in the past, but a new survey has found that almost a quarter are still living paycheque to paycheque.

The survey, conducted by Pollara for the Bank of Montreal (TSX:BMO), found that Canadians on average have $41,694 in emergency savings, up from an average of $35,237 in 2014.

Boy killed while at a wake

KINGSTON, Jamaica—A 14-year-old Toronto boy has been shot to death in Jamaica, according to local police.

The Jamaica Constabulary Force said Ricardo Williams was shot several times around 2 a.m. yesterday morning near Kingston.

The teen was attending a wake when the shooting began, police said in a statement.

Williams was taken to hospital where he was pronounced dead.

Walker supports building wall at border

WASHINGTON—The Canadian border got dragged into the 2016 U.S. presidential campaign yesterday, with a prominent candidate appearing to entertain the notion of building a giant wall on the 49th parallel.

The idea was raised in a talk-show interview with Republican contender Scott Walker, who after being pressed twice by the interviewer appeared to agree it was worth considering.

Blue Jays complete three-game sweep

TORONTO—When Mark Buehrle won a World Series with the Chicago White Sox in 2005, he constantly felt like no matter the deficit they’d win the game. The 2015 Toronto Blue Jays are similar, only with a super-sized offence.

“Here, shoot, if we don’t score eight runs, we had a bad day,” Buehrle said after a 9-2 win against the Detroit Tigers yesterday afternoon at Rogers Centre.