Posthaste March 18: Cabinet shuffle, Trans Mountain hearing, and fears of loonie testing 62 cents

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Posthaste March 18: Cabinet shuffle, Trans Mountain hearing, and fears of loonie testing 62 cents
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Fidelity Investments says Canada might already be in recession and the loonie is likely to test new lows

Another day, another Cabinet shuffle. Embattled Prime Minister Justin Trudeau set to shuffle his cabinet today for the third time in recent months, one day before his Finance Minister Bill Morneau unveils their last budget before the elections. One analyst fears the loonie could languish at 62 cents to a U.S. dollar. And car-ride sharing company Lyft races ahead of rival Uber with an IPO as early as today.

This woman’s $16,000-a-month in spousal support ends at 65. She will need to make deep cuts to surviveFive stocks that could save your life and make you money at the same time As OECD rules were brought in, Ottawa set in motion a process that could destroy companies, a penalty no other country imposed, writes Terence Corocoran.

Do you agree with FP columnist Jamies Golombek that Canada’s income tax rates have become uncompetitive and do you feel your company is losing business because of this disadvantage? Send your comments to [email protected] or @Yad_FPEnergy

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