The downside to Canada’s hiring surge, CBC’s shift to streaming and how much money you need to retire: Must-read business and investing stories

Plus, the end to Ontario’s pot-shop expansion?

is frequently cited as the biggest obstacle to attracting more multinational commitments, and educational and training programs to address that problem are already underway. But the clear takeaway is that Canada needs to do much more to prepare for jobs of the future.If your house is your retirement plan, you may need some additional planning.

According to Rob Carrick, retirement was affected by wealth from both investment assets and houses, but it was mainly house prices driving the wealth gains we saw in soaring net worth numbers. Like so many of the financial trends in play in 2020 and 2021, net worth has reversed direction. Statistics Canada reported last month that average household net worth fell 6 per cent year-over-year in the third quarter of 2022.

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