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Source: Financialpost June 27, 2023

How to solve Canada's slow-moving retirement crisis

Fraser Stark: Every Canadian who can comfortably navigate their own retirement finances is one less person requiring expensive subsidized care from the public purse Reviews and recommendations are unbiased and products are independently selected...

Source: Financialpost June 27, 2023

'Are we gonna hit $2 million an acre?': Industrial land prices are soaring to new heights in Ontario

'Ugly duckling' of real estate classes has undergone significant shift amid surge in private investment for everything from logistics centres to EV battery plants Karl Innanen can remember when industrial land in southwestern Ontario sold for $...

Source: Financialpost June 27, 2023

Suncor Energy cyberattack could prove 'sizable incident,' security expert warns

Has potential to be Canadian version of Colonial Pipeline ransomware attack in U.S. Suncor Energy Inc. falling victim to a cyberattack may be the most significant cybersecurity breach of an oil and gas company thus far in Canadian history, expe...

News Source: Financialpost June 27, 2023

Posthaste: Wildfires on track to do more damage to Canada's economy than Fort McMurray 'Beast' of 2016

Historic burn could shave more than half a percentage point off growth, say economists We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthas...

Source: Financialpost June 26, 2023

Immigrants needed as baby boomers retire

Watch: Deloitte Canada's Dawn Desjardins on how immigration is positive for the economy Dawn Desjardins, chief economist at Deloitte Canada, speaks with the Financial Post’s Larysa Harapyn about how immigration is a positive for the Canadian ec...

Source: Financialpost June 26, 2023

Danielle Smith reiterates emissions stance in first post-election meeting with Ottawa

Face-to-face with Natural Resources Minister Jonathan Wilkinson OTTAWA — There is no line in the sand between his government and Alberta over energy and climate policies but there is also still a lot of daylight in their respective visions, Nat...

Source: Financialpost June 25, 2023

Posthaste: Think gas prices are done fuelling inflation and interest rate hikes? Think again

Economist says prices at the pumps still 40% higher than pre-pandemic and are spilling over into other parts of economy We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other...

Market Call Source: BNN Bloomberg June 24, 2023

Brian Madden's Top Picks: June 23, 2023

Brian Madden, chief investment officer, First Avenue Investment Counsel FOCUS: North American equities  MARKET OUTLOOK: As expected, America avoided the low probability, high severity, spectre of a debt default. Relief rallying by investors who exp...

Source: BNN Bloomberg June 24, 2023

The Week Ahead: CPI data due; U.S. GDP

Monday, June 26 Notable data: Bloomberg Nanos Confidence, Bloomberg June Canada Economic Survey Notable earnings: Carnival Corp. Tuesday, June 27 Notable data: Consumer Price Index, CFIB Business Barometer, U.S. Durable Goods Orders, S&P Co...

Source: BNN Bloomberg June 24, 2023

U.S. stocks slide on specter of recession in Europe

U.S. stocks notched the worst week since March as anxiety rose that central banks will have to ratchet interest rates higher to tamp down inflation. Bonds rallied on bets that excessive tightening will bring on sharp economic downturns. The S&P 500 Index e...