Posthaste: Retirement out of reach for almost 40% of working Canadians over 50, survey finds

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Today’s Data: United States ISM manufacturing, construction spending, nonfarm productivityEarnings: Canada Goose Holdings Inc, Rogers Communications Inc, Apple Inc, Inc, Meta Platforms IncGet all of today’s top breaking stories as they happen with the Financial Post’s live news blog, highlighting the business headlines you need to know at a glance. Canada’s economy grows more than expected, easing pressure on Bank of Canada to cut ratesRetired multi-millionaire wants to know pros and cons of LIFs vs. RRIFs, but he has a bigger issueLittle relief in sight for rental market as vacancy rate hits historic low Many of today’s technology market darlings are no doubt best-in-class companies, but investors are also getting caught up in highly speculative assets such as cryptocurrencies, meme stocks and non-fungible tokens. Portfolio manager Martin Pelletier says we shouldn’t ignore history. Find out more from FP Investing * * * Are you worried about having enough for retirement? Do you need to adjust your portfolio? Are you wondering how to make ends meet? Drop us a line at with your contact info and the general gist of your problem and we’ll try to find some experts to help you out while writing a Family Finance story about it (we’ll keep your name out of it, of course). If you have a simpler question, the crack team at FP Answers led by Julie Cazzin or one of our columnists can give it a shot. Today’s Posthaste was written by Pamela Heaven, @pamheaven, with additional reporting from The Canadian Press, Thomson Reuters and Bloomberg. Have a story idea, pitch, embargoed report, or a suggestion for this newsletter? Email us at, or hit reply to send us a note. Bookmark our website and support our journalism: Don’t miss the business news you need to know — add to your bookmarks and sign up for our newsletters here.

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