Daily News

Source: Financialpost October 04, 2023

Posthaste: Condo sales are falling across Canada — except in these two markets

Prices are down in Toronto, Ottawa, the Fraser Valley and Edmonton We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Condo sales are...

Source: Financialpost October 04, 2023

Bank of Canada warns of inflation 'feedback loop'

Price increases could become self-fulfilling prophecy, further fuelling inflation Bank of Canada official Nicolas Vincent has warned there could still be significant hurdles when it comes to getting inflation back to the central bank’s target o...

Source: BNN Bloomberg October 03, 2023

Bonds fall as traders await Powell speech

The global bond selloff resumed on Monday, with 10-year Treasury yields approaching recent highs, as investors waited for a speech by U.S. Federal Reserve chief Jerome Powell to provide clues on the direction of interest rates. Treasury 10-year yields rose...

Market Call Source: BNN Bloomberg October 03, 2023

Brendan Caldwell's Top Picks: October 2, 2023

Brendan Caldwell, president, CEO and CIO, Caldwell Investment Management FOCUS: North American large cap stocks    MARKET OUTLOOK: Investors have been adjusting their projections for the economy towards a soft landing scenario, away from a typical...

Source: BNN Bloomberg October 03, 2023

TSX recap: Index down 1.86% on utility and energy stocks

Canada's main stock index closed down more than 300 points Monday as utility and energy stocks led widespread losses, while U.S. markets were mixed.  The S&P/TSX Composite Index ended down 364.09 points, or 1.86 per cent, at 19,177.18. In New York, the...

Source: Bankofcanada October 03, 2023

How price setting influences inflation

Deputy Governor Nicolas Vincent talks about how companies set their prices, how those practices changed during the pandemic and why this remains a risk for inflation...

Source: Financialpost October 03, 2023

A strong U.S. dollar could hurt Canada, but here's how investors can play it

Martin Pelletier: Investors can protect themselves by owning more U.S. dollars Talk about a convoluted market environment as we head into the last quarter of the year: long-dated United States Treasuries have now fallen 10 per cent this year an...

Source: Financialpost October 03, 2023

Freedom 55? Statistics professor gambles his way to Freedom 43

Hockey, darts, Aussie rules football, David Beaudoin went wherever the odds led him Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on...

Source: Financialpost October 03, 2023

Homeowners brace for mortgage payment shock amid higher-for-longer interest rates

Borrowers with fixed rates are expected to see an average payment increase of between 14% and 25% next year TORONTO — From ultralow interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to...

Source: Financialpost October 03, 2023

Posthaste: Why Canada’s population boom might not keep the economy afloat this time

Economic indicators signal Canada is teetering on edge of recession Good morning, Population growth in Canada this past year has been historic. The pace over the last 12 months was the highest in this country since 1957 and eclips...