News of the day: Bank of Canada’s concerns, Ksi Lisims LNG deal, investment summit a good start, TFSAs after death, quit or be fired and more

Tiff Macklem, governor of the Bank of Canada, during a news conference in Ottawa on June 10, 2026. Photo by HYUNGCHEOL PARK/Postmedia files

Article content

It’s Wednesday, Sept. 16. Here are the top stories we’re following today.

Article content

Article content

Article content

Monetary policy makers at the Bank of Canada were confident that the economy was on stronger footing ahead of the latest round of tariffs but concerned about whether that momentum could be sustained amid heightened inflation risks and trade war uncertainty, as they debated where to take the policy interest rate earlier this month.

Article content

Article content

Article content

Article content

A rendering of the proposed Ksi Lisims LNG project in northern British Columbia. Photo by Ksi Lisims LNG

Article content

Article content

Article content

The backers of a massive LNG shipping terminal proposed for the B.C. coast signed their third supply deal of the year, with Australia’s Santos Ltd. agreeing to buy close to 10 per cent of Ksi Lisims’ capacity over 20 years. Although significant, analysts suggest a deal like this is not enough to achieve the federal government’s ambitious, long-term goal of becoming the world’s third-biggest LNG exporter.

Article content

Article content

Article content

Article content

Mark Carney’s plans to invite pension funds to invest tens billions of dollars in the country’s four largest airports was cited as one of the more “concrete investible assets,” said an attending foreign pension chief executive. Photo by Peter J Thompson/Postmedia

Article content

Article content

Global investors that came to the Canada Investment Summit over two days in Toronto this week did not pour money into the 167 project touted the deal book presented, but the head of one of Canada’s largest pension funds says many left armed with the intention to do more in this country.

Article content

Article content

Article content

Article content

Should you choose not to name your spouse or partner as the successor, you can still name them as the beneficiary of your tax-free savings account. Photo by Jamie Grill/Postmedia

Article content

Article content

A tax-free savings account may be tax-free during your lifetime, but what happens after death depends largely on one crucial choice: who receives it. Naming a spouse or partner as the successor holder or beneficiary can preserve tax-free growth, but leaving the account to someone else, or to the estate, can trigger tax on post-death income and growth.

Article content

Article content

Article content

Employees agree to resign for all sorts of reasons. But a genuine resignation means forfeiting significant legal rights. Photo by Andrey Popov/Adobe Stock

Article content

Article content

Rather than terminate an employee and pay potentially substantial compensation, some employers will try to make the employee quit. It is an old tactic. And when the economy becomes difficult, it is particularly tempting.

Article content

Article content