Daily News

Source: Financialpost February 16, 2023

Terence Corcoran: The left finally wakes to authoritarian nature of COVID lockdowns

Progressive scholars call for the academic left to probe excesses of pandemic response As the third anniversary of Canada’s March 25, 2020, COVID-19 emergency lockdowns and health policies approaches, a growing community of critics is taking sh...

Source: Financialpost February 16, 2023

CIBC's Dodig warns Canada risks 'largest social crisis' if housing supply, immigration don't match

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 Big bank CEO usin...

Source: BNN Bloomberg February 15, 2023

Treasury yields climb on bets for June U.S. Fed hike

The S&P 500 Index closed nearly flat and the two-year Treasury yield added more than 10 basis points after data showed that inflation remained high. Two Federal Reserve officials then warned that the remedy might require higher interest rates for a long perio...

Source: BNN Bloomberg February 15, 2023

​Stocks in homebuilding: Two hot picks from Tyler Batory

One financial expert is forecasting increased activity within the U.S. housing market as he expects home prices to drop.    Speaking with BNN Bloomberg's Amber Kanwar on Tuesday, Tyler Batory, executive director at Oppenheimer & Co, said his expectation is t...

Market Call Source: BNN Bloomberg February 15, 2023

Stan Wong's Top Picks: February 14, 2023

Stan Wong, portfolio manager at Scotia Wealth Management FOCUS: North American Large Caps and ETFs MARKET OUTLOOK: Global equity markets continue to rally in 2023 with the MSCI World Index up over 18 per cent since the October 2022 lows. At The Sta...

Source: Financialpost February 15, 2023

Cyclical bull market has already started, BMO's Belski says

Watch: Brian Belski on the outlook for stock markets amid inflation and recession risks Brian Belski, chief investment strategist at BMO Capital Markets, talks to the Financial Post’s Larysa Harapyn about the path of inflation, the probability...

Source: Financialpost February 15, 2023

Posthaste: One in six Canadians say they are likely to default on a major loan as rate hikes pinch

Surveys and statistics reveal growing stress in Canadian households Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

Source: Financialpost February 15, 2023

4 steps to getting investment income without paying the CRA more taxes

Here's how to balance dividends with a lower tax bill Most investors like a high-income yield, but are you one of them? Do you need monthly income to pay your bills? Is this income earned in a taxable account? If you don’t need the monthly inco...

Source: Financialpost February 15, 2023

Tim Hortons parent replaces CEO, acknowledges restaurant profits have slipped amid franchisee revolt

RBI's current chief operating officer Joshua Kobza will take over as CEO on March 1 Tim Hortons‘ parent company replaced its chief executive and acknowledged that its franchisees’ profits have slipped well below pre-pandemic levels, moves that...

Source: BNN Bloomberg February 14, 2023

TSX recap: Index finishes 0.44% higher amid broad-based gains

Broad-based strength helped Canada's main stock index post a small gain Monday, while U.S. stock markets rose by more than one per cent.  The S&P/TSX Composite Index was up 90.11 points, or 0.44 per cent, at 20,702.23. In New York, the Dow Jones Industr...