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News Source: Financialpost May 26, 2023

Posthaste: Canada's housing affordability crisis is now actually changing people's lives

They are leaving the cities they grew up in and putting off marriage, children We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Can...
Source: BNN Bloomberg May 25, 2023

U.S. stocks, bonds fall as debt impasse continues

U.S. stocks and bonds fell on Wednesday as traders weighed the possibility of a U.S. recession from either a U.S. debt default or higher interest rates from the Federal Reserve. The S&P 500 fell 0.7 per cent, led by losses in financials and real estate, as...
Source: BNN Bloomberg May 25, 2023

​Expect Canadian banks to set aside more money for loan losses: Analyst

Canada's leading banks are taking precaution in the face of a possible recession by setting aside more money for credit losses.    The Bank of Nova Scotia and the Bank of Montreal both missed analyst expectations in the second quarter amid heightened operati...
Market Call Source: BNN Bloomberg May 25, 2023

Bruce Murray's Top Picks: May 24, 2023

Bruce Murray, CEO and CIO, The Murray Wealth Group FOCUS: North American growth stocks  MARKET OUTLOOK: We are pleased that our Global Equity Growth Fund finished in the best five performing funds in the recent RBC Pooled Fund Survey for both the t...
Source: Bankofcanada May 25, 2023

New exhibition Money in 10 Questions: Kids Edition opens at the Bank of Canada Museum

The Bank of Canada Museum is inviting children to visit a new exhibition that is inspired by questions they have about money. Money in 10 Questions: Kids Edition is...
Source: Financialpost May 25, 2023

Scotiabank misses expectations on higher loan-loss provisions, but hikes dividend

Profit falls more than 20% as lender sets aside more money for potentially bad loans Get the latest from Stephanie Hughes straight to your inbox Sign Up The Bank of Nova Scotia missed expectations in the second quarter as it was hit w...
Source: Financialpost May 25, 2023

World's biggest nuclear plant may stay closed due to papers left on car roof

The mishap is the latest in a string of mistakes for the utility that operates the facility A week after Japanese regulators postponed the restart of the world’s biggest nuclear power plant due to safety lapses, a careless employee working from...
Source: Financialpost May 25, 2023

Posthaste: Rising home prices, mortgage costs not stopping these Canadians from believing now's the time to buy a house

First-time homebuyers and those who intend to buy in the near future optimistic about state of the housing market We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos...
Source: Financialpost May 25, 2023

Canada Pension Plan investing board posts 1.3% return for year

Gain in assets came from $8 billion in income and $23 billion in transfers Get the latest from Barbara Shecter straight to your inbox Sign Up The Canada Pension Plan Investment Board posted a net return of 1.3 per cent for the fiscal...
Source: Financialpost May 25, 2023

Howard Levitt: Alberta decision could open floodgates for harassment lawsuits

Public health inspector targeted during COVID-19 pandemic By Howard Levitt and Gregory Sills THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by Kevi...