Daily News

Source: BNN Bloomberg March 25, 2023

​Ignoring tax strategy is a wasted opportunity for retirement investors: Dale Jackson

Millions of Canadians are patting themselves on the back for beating the March 1 registered retirement savings plan (RRSP) contribution deadline, but the overwhelming majority have no tax strategy beyond that.   A new survey from IG Wealth Management finds o...

Source: BNN Bloomberg March 25, 2023

The Week Ahead: Federal Budget; earnings from Dollarama

Monday, March 27 Notable earnings: Carnival Corp. Tuesday, March 28 Notable data: Federal Budget, U.S. Advance Economic Indicators Report, S&P CoreLogic CaseShiller Home Price Index, U.S. Conference Board Consumer Confidence Index Notable e...

Source: Financialpost March 25, 2023

Kevin Carmichael: 3 things Bank of Canada subtly told us about interest rates in March minutes

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Central bank reve...

Source: Financialpost March 25, 2023

Skinny deals at Nordstrom Canada's liquidation sales disappoint shoppers, but industry experts not surprised

'How is this a liquidation sale when everything is only 5 per cent off,' tweets disgruntled shopper Nordstrom Inc.’s countrywide liquidation sale underwhelmed Canadian shoppers with many items discounted by only five per cent, but some experts...

Source: Financialpost March 25, 2023

The mystery of a tiny Toronto laneway that sparked a historical real estate drama

A forgotten sliver of land owned by a long-dead prominent Upper Canadian throws wrench in developer's plans Harry Mitz was an elementary school dropout, but a streetwise, wheeling-and-dealing entrepreneur who could make “money out of crap,” acc...

Source: BNN Bloomberg March 24, 2023

Private markets getting more accessible to public as funds roll out credit options

Investing in private markets, once the exclusive domain of institutions and the ultra-rich, is getting increasingly accessible to the public. The shift comes as the size of markets for both private debt and equity have swelled over the last decade as all s...

Source: BNN Bloomberg March 24, 2023

TSX recap: Index finishes 0.37% lower following late-afternoon losses

The S&P/TSX Composite Index was down about 70 points Thursday, while U.S. markets posted small gains, with markets rallying for most of the day before sputtering in the last trading hour.  The S&P/TSX Composite Index was down 72.86 points, or 0.37 per cent...

Source: BNN Bloomberg March 24, 2023

Tech giants drive U.S. stock rebound while banks drop

The stock market shrugged off losses, with traders piling into some of the world’s largest technology companies that are seen by many on Wall Street as a kind of shelter in times of stress and economic uncertainties. Gains in megacaps like Apple Inc. and M...

Market Call Source: BNN Bloomberg March 24, 2023

Brian Madden's Top Picks: March 23, 2023

Brian Madden, chief investment officer, First Avenue Investment Counsel FOCUS: North American equities  MARKET OUTLOOK: Inflation is falling steadily and has been for nine months, but it won’t fall fast enough for the liking of central bankers. In...

Source: Financialpost March 24, 2023

Ontario deficit forecast plunges to $2.2 billion from near-$20 billion as budget unveiled

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Government reconf...