Daniel Tencer
Dan Tencer is the business editor for HuffPost Canada and has been a journalist for more than 15 years. He has worked at the Ottawa Citizen, Maisonneuve Magazine, This Magazine and RawStory.com.

Entries by Daniel Tencer

10 Million Adult Canadians Can't Count On A Steady Paycheque: Survey

(27) Comments | Posted May 18, 2017 | 2:07 PM

The CEO of TD Canada Trust is warning that the country faces a “pervasive and profound” problem with income volatility.

Some 37 per cent of adult Canadians — or about 10 million people — experienced moderate to high levels of income volatility over the past year, according to

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Ontario's Basic Income Trial Gets Backing Of A Majority Of Canadians

(91) Comments | Posted May 18, 2017 | 12:20 PM

A majority of Canada’s population is eager to experiment with a basic income, a new poll shows.

The poll of 1,969 Canadians from Campaign Research found 53 per cent back Ontario’s basic income trial, with 18 per cent opposed. Support is strongest among youth (59 per cent), Atlantic...

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Trump Impeachment Odds Spike As Markets Panic

(63) Comments | Posted May 17, 2017 | 12:14 PM

Political turmoil in the U.S. has put investors into panic mode, with stock markets and the U.S. dollar sliding on Wednesday.

New York’s Dow Jones Industrial Average saw its largest drop since September on opening, and was down 281 points, or 1.3 per cent, as of 11 a.m. ET. Toronto’s...

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Canada's Housing Market Has 30% Chance Of Busting Out: Goldman Sachs

(15) Comments | Posted May 17, 2017 | 8:58 AM

Overvalued houses and too much home construction mean Canada has a 30-per-cent chance of a housing bust within two years, New York-based investment bank Goldman Sachs says in a new research note.

The report defines a “bust” as a decline in inflation-adjusted prices of five per cent or more. It...

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Oil Prices As Little As 4 Years From Collapse Amid Historic Shift In Transport: Report

(144) Comments | Posted May 16, 2017 | 1:02 PM

Alberta’s oilsands, take note.

A new report from a Stanford University lecturer predicts oil prices could collapse permanently as soon as four years from now, as electric cars and ride-hailing fleets bring a rapid end to the age of the personal combustible-engine vehicle.

Bell's New Mobile App Is Called ‘Alt TV' -- Does That Sound ‘Right' To You?

(1) Comments | Posted May 15, 2017 | 5:10 PM

Bell Canada has announced the launch of an on-demand mobile TV app, but the app’s name has an unfortunate ring to some ears.

Simply put, Bell’s Alt TV app sounds a bit too much like “alt right” for some.

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Vancouver House For Sale In Bitcoin A Sign Of Suspicious Activity

(4) Comments | Posted May 15, 2017 | 3:21 PM

Here’s something a little different: A home in the Vancouver suburb of Coquitlam is on sale on Craigslist. The asking price? A measly-sounding 2,099 bitcoin.

But that’s not chump change — it’s C$4.85 million at current exchange rates, pricey even by Vancouver standards. The house is described as “new” in...

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4 Signs Toronto's Housing Bubble Has Started To Deflate

(14) Comments | Posted May 15, 2017 | 12:54 PM

It’s been more than a few years since Greater Toronto’s real estate professionals have felt disappointed with a spring selling season; in recent years the reaction has been closer to astonishment as the region hit one new record after another.

But this spring is shaping up differently. Chalk it up...

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Home Capital Was Hours Away From Collapse: Report

(10) Comments | Posted May 13, 2017 | 11:07 AM

There was no end in sight to the crisis at subprime lender Home Capital this week, with the bank warning the run on its deposits casts doubt on its ability to continue operating.

Home Capital has seen 94 per cent of the deposits in its savings accounts disappear in recent...

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3 Cities Push Canada To Another Record On House Prices

(25) Comments | Posted May 12, 2017 | 10:46 AM

Home prices in Canada rose for the 15th straight month in a row in April, according to the Teranet-National Bank house price index, which once again hit its highest levels ever.

But virtually all the strength seen over the past year came from just three cities — Toronto, Hamilton and...

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New York State Taxi Companies Fined For Gouging Refugees Fleeing To Canada

(41) Comments | Posted May 11, 2017 | 2:37 PM

Three taxi companies in upstate New York will pay fines to the state attorney general for price-gouging refugees headed to the Canadian border.

The cab companies were alleged to have charged as much as US$300 to transport people fleeing to Canada from Plattsburgh, N.Y., to the Canadian border — normally...

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The Jobs With The Highest And Lowest Suicide Rates

(4) Comments | Posted May 11, 2017 | 10:00 AM

People in low-skilled physical-labour jobs and positions involving caring for others have some of the highest suicide rates, researchers in Britain have found.

In an effort to better understand and prevent suicide, Britain’s Office of National Statistics (ONS) compiled suicide rates by job and gender. Among other things, it found...

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Moody's Downgrades Canada's Big Six Banks Over Consumer Debt Worries

(7) Comments | Posted May 11, 2017 | 9:11 AM

Canada's Big Six banks have had their credit rating downgraded by Moody's over concerns rising consumer debt levels are making the banks more vulnerable to a shock.

The banks affected are Bank of Montreal, CIBC, National Bank of Canada, Royal Bank of Canada, Scotiabank and TD Bank.

"Today's downgrade of...

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Canada's DHX Media Buys 'Peanuts' Gang In $345-Million Deal

(1) Comments | Posted May 10, 2017 | 12:40 PM

HALIFAX — The Peanuts gang of cartoon characters created by Charles Schulz is getting a new home at a Halifax-based entertainment company under a US$345-million deal announced Wednesday.

DHX Media will add the Peanuts and Strawberry Shortcake brands to its other properties, which include rights to the Teletubbies, Inspector Gadget,...

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Airline Customer Satisfaction Survey Ranks Canadian Carriers Near Bottom

(25) Comments | Posted May 10, 2017 | 12:06 PM

Amid all the recent bad press that airlines — particularly United — have been receiving, a new survey finds North American passengers are the most satisfied with their airlines that they’ve ever been.

The latest edition of the annual J.D. Power North American Airline Satisfaction Study found passengers scored airlines...

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Cashless Canada? Survey Says Half Of Us Are Ready For It

(42) Comments | Posted May 9, 2017 | 3:28 PM

Forget about the end of the Canadian penny or even the possible impending demise of the nickel — half of Canadians are ready to abandon cash altogether.

A new survey from Payments Canada finds 50 per cent of Canadians are ready to get rid of banknotes and coins....

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More Than Half Of Canadians Are $200 Away From Insolvency: Survey

(20) Comments | Posted May 9, 2017 | 12:16 PM

More than half of Canadians say they are just $200 away from financial insolvency at the end of each month, and nearly as many regret how much debt they’ve taken on, a new survey has found.

The survey, carried out by Ipsos for insolvency consultancy MNP, highlights the fallout from...

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Oops: Canada's New Mortgage Rules May Have Hit Wrong Parts Of Country

(1) Comments | Posted May 8, 2017 | 3:42 PM

The federal Liberals’ tougher new mortgage rules, meant to cool down Canada’s more overheated housing markets and ensure borrowers can afford their mortgages, seem to have had little impact in the housing market so far.

And to the extent that they did impact the markets, they seem to have impacted...

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Uber Is Building An Artificial Intelligence Hub In Toronto

(2) Comments | Posted May 8, 2017 | 1:22 PM

Ride-hailing company Uber is looking to hire “dozens” of artificial intelligence researchers in Toronto after announcing it plans to open its first research facility outside the U.S.

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‘Blood-Thirsty,' ‘Uninformed' Investors Circling Canada's Economy: CIBC

(23) Comments | Posted May 8, 2017 | 10:43 AM

With the loonie “under attack” and bets against Canadian stocks on the rise, the Bank of Canada should come to the country’s defence, CIBC Capital Markets says.

“We’ve spent hours over the past few weeks talking to blood-thirsty global investors that are largely influenced by Trump’s tweets on NAFTA and...

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