Daily News

Source: Financialpost July 02, 2023

Howard Levitt: Criminalization of wage fixing raises the stakes when it comes to employee retention

Changes to competition laws mean wage-fixing and non-poaching agreements are now illegal With Ontario legislation rendering most noncompetition clauses for new employment contracts unenforceable and other provinces considering doing the same, s...

Source: BNN Bloomberg July 01, 2023

TSX recap: Index finishes 1.22% higher amid gains in U.S. markets

Canada's main stock index closed out the first half of the year on a buoyant note, posting triple-digit gains heading into the three-day weekend while U.S. stock markets also moved higher.  The S&P/TSX Composite Index was up 242.12 points, 1.22 per cent, a...

Market Call Source: BNN Bloomberg July 01, 2023

Top Picks Panel: June 30, 2023

John Zechner, chairman and founder, J. Zechner Associates  Market Outlook:  We have maintained a more defensive bias this year after the sharp gains we saw in January. We lightened up on some of our tech stocks as they have continued to rally but we s...

Source: BNN Bloomberg July 01, 2023

AI boom drives historic US$5T Nasdaq 100 run

The surge in tech megacaps gained further traction, with the Nasdaq 100 poised to notch a historic first-half of a year and Apple Inc. hitting the US$3 trillion milestone. Stock traders decided to look at the glass half full on Friday after data signaled i...

Source: BNN Bloomberg July 01, 2023

The Week Ahead: Canadian employment report; FOMC minutes

Monday, July 3 Canadian markets closed in observance of Canada Day U.S. Stock markets close at 1300 ahead of Independence Day U.S. S&P Global Manufacturing PMI (June F) U.S. ISM Manufacturing PMI (June) U.S. Construction Spending (May) Tues...

Source: Bankofcanada July 01, 2023

Canadian Survey of Consumer Expectations—Second Quarter of 2023

Results of the second-quarter survey | Vol. 4.2 | June 30, 2023 This survey took place between May 8 and May 15, 2023. Follow-up interviews took place...

Source: Bankofcanada July 01, 2023

Business Outlook Survey—Second Quarter of 2023

Results of the second-quarter 2023 survey | Vol. 20.2 | June 30, 2023 Results from the second-quarter 2023 Business Outlook Survey and the Business Lea...

Source: Financialpost July 01, 2023

Opinion: Competition Bureau report puts grocery 'greedflation' to rest

Profit margins in the grocery industry have always been low and remain that way By Karl Littler THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by K...

Source: Financialpost July 01, 2023

Recession? Bank of Canada survey says fewer businesses and consumers see it happening

Inflation expectations among businesses are gradually declining, but remain elevated Recession expectations by both Canadian businesses and consumers fell in the second quarter, the Bank of Canada said June 30 in its latest Business Outlook Sur...

Source: Financialpost July 01, 2023

Posthaste: Canadians seeking financial advice from banks left unsatisfied

Roughly two-thirds of retail bank customers 'financially unhealthy,' study finds We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: C...