Daily News

Source: BNN Bloomberg August 30, 2023

What are experts saying about earnings from BMO and Scotiabank?

The Bank of Montreal and the Bank of Nova Scotia have put aside more money in case their customers have trouble paying back their back loans in the months ahead. Both banks revealed a rise in loan loss provisions in third-quarter earnings released on Tuesd...

Market Call Source: BNN Bloomberg August 30, 2023

Brian Madden's Top Picks: August 29, 2023

Brian Madden, chief investment officer, First Avenue Investment Counsel FOCUS: North American equities  MARKET OUTLOOK:  Stock markets took a breather in August after a scorching hot run, particularly for U.S. stocks, throughout the first seven mon...

Source: Financialpost August 30, 2023

Suncor pledge to refocus on oil production further proves need for emissions cap: Guilbeault

Environment minister reacts to comments made by Rich Kruger OTTAWA — Recent statements by the chief executive officer of a major oilsands company further the case for federal regulations to cap greenhouse-gas emissions in the oil and gas sector...

Source: Financialpost August 30, 2023

Metro wins court order ending union blockade of food warehouses as sides return to bargaining table

Month-long strike at 27 Metro stores in Greater Toronto Area Get the latest from Jake Edmiston straight to your inbox Sign Up An Ontario judge has ordered an end to a union blockade of Metro Inc.‘s Toronto warehouses after almost a we...

Source: Financialpost August 30, 2023

Posthaste: Bank of Canada may pause rate hikes when it sees this big data

GDP reading expected to show the economy is slowing We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Bank of Canada may pause rate h...

Source: Financialpost August 30, 2023

My mortgage is coming up for renewal – what should I do now?

HELOC vs. fixed rate vs. variable rate Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Interest rates have gone up a...

Source: BNN Bloomberg August 29, 2023

U.S. stocks grind higher at start of busy economic week

Stocks rose and bond yields fell at the start of a week full of economic data that will help shape the outlook for Federal Reserve policy. In a reasonably quiet trading session, the S&P 500 hovered near 4,400. 3M Co. rallied as Bloomberg News reported a te...

Source: BNN Bloomberg August 29, 2023

There's no place like home to invest in: Mark Wiseman

Investors have long been told to diversify their portfolios, but one expert is advising that a focus on North American markets might be the safest way to execute under current geopolitical conditions.     “We do have to think about ‘no place like home’ and t...

Source: BNN Bloomberg August 29, 2023

TSX today: Index up 0.95% on strong energy gains

Strength in energy stocks as the price of oil once again topped US$80 per barrel helped lead a broad rally on the Toronto Stock Exchange Monday, lifting Canada's main stock index almost 200 points, while U.S. stock markets also climbed. The S&P/TSX Composi...

Source: BNN Bloomberg August 29, 2023

Three industrial stocks with great value: CIO

The industrial sector has lagged behind the broader equity markets, but one investment expert says this makes it a great buying opportunity for investors.    James Demmert, chief investment officer at Main Street Research, said many stocks within the industr...