Daily News

Source: BNN Bloomberg August 23, 2023

​Three hotel stocks positioned for growth: Expert

Wall Street thinks hotel stocks are fairly valued, but one investment expert forecasts a significant jump for these stocks ahead.    Speaking with BNN Bloomberg’s Amber Kanwar on Tuesday, George Ball, chairman of Sanders Morris Harris, said the run up in tra...

Source: BNN Bloomberg August 23, 2023

Canada pension joins startup at US$100M reforestation fund

Canada's largest pension fund has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil's Amazon region.  Canada Pension Plan Investment Board will invest as much as US$30 million in a reforesta...

Market Call Source: BNN Bloomberg August 23, 2023

John Zechner's Top Picks: August 22, 2023

John Zechner, chairman and founder, J. Zechner Associates FOCUS: North American large-cap stocks  MARKET OUTLOOK: Stocks rallied this summer as investors believe that the U.S. Federal Reserve can successfully achieve a “soft economic landing.” The...

Source: Financialpost August 23, 2023

Northvolt raises $1.2 billion amid plans to open battery plant in Canada

Northvolt close to deal to build $7-billion plant near Montreal, Bloomberg reported in June Northvolt AB raised US$1.2 billion from North American investors including BlackRock Inc. and the Canada Pension Plan Investment Board as the Swedish ba...

Source: Financialpost August 23, 2023

Peter Hall: Why the Bank of Canada should ignore the July inflation spike

The rate-hikes potion seems to be working and too much can be lethal Conventional wisdom has it that the Bank of Canada is not done raising interest rates. Statistics Canada reported last week that year-over-year increases in the consumer price...

Source: Financialpost August 23, 2023

Canadian banks seen delivering upside surprise amid low expectations

Barclays believes pessimism on banks is overdone, but others disagree Get the latest from Barbara Shecter straight to your inbox Sign Up The second quarter was tough for Canadian banks, with higher provisions for potential credit loss...

Source: Financialpost August 23, 2023

The boss was right: Working from home full time really is bad for business

Victoria Wells: Research shows working remotely all the time reduces productivity, but don't count it out just yet Bosses pushing employees back to the office this September suddenly have a lot more ammunition in enforcing their mandates becaus...

Source: Financialpost August 23, 2023

Posthaste: 'Concern is warranted' — Why CIBC thinks investors should flock to cash

'We are witnessing a sentiment change' We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: 'Concern is warranted' — Why CIBC thinks inv...

Source: BNN Bloomberg August 22, 2023

There's opportunity in Canadian commodities, analyst says

While some experts are cautioning that a Chinese economic downturn might hurt Canada’s energy industry at least one money manager remains bullish on investing in the industry. Stu Morrow, executive director and Canadian investment strategist at Morgan Stan...

Source: BNN Bloomberg August 22, 2023

TSX today: Telecom, bank stock drive Index lower

Losses in the utility, financial and telecommunications sectors weighed on the Toronto Stock Exchange in late morning trading as Canada's main stock index moved lower, while U.S. stock markets were mixed. The S&P/TSX Composite Index was down 77.62 points,...