Daily News

Source: Financialpost November 03, 2022

CRA says T4 slips insufficient proof of income for CRB eligibility and judge agrees

Jamie Golombek: Acceptable proof consists of pay slips, employment verification letters, ROE, bank statements and other documentation Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affilia...

Source: BNN Bloomberg November 02, 2022

Trading resumes for the TSX, TSXV and Alpha markets after technical issue

TMX Group Inc. says market activity has resumed for the Toronto Stock Exchange, TSXV and Alpha markets after technical issues halted trading. As of 10:47 am EDT, the stock market operator said in a tweet that the TSX markets were in a “pre-open state” and...

Source: BNN Bloomberg November 02, 2022

TSX recap: Index closes trading 0.47% higher

Canada's main stock index was up by more than 90 points on the first day of the month after a mid-morning trading halt due to a technical problem, while U.S. stocks were down on hotter-than-expected employment data and tech stocks. The S&P/TSX Composite In...

Source: BNN Bloomberg November 02, 2022

U.S. stocks drop in countdown to Fed as rally sputters

Stocks finished lower as data showing a solid U.S. labor market bolstered speculation that Federal Reserve policy could remain aggressively tight even with the threat of a recession. At a time when good news is considered bad news when it comes to policy c...

Market Call Source: BNN Bloomberg November 02, 2022

Lorne Steinberg's Top Picks: November 1, 2022

Lorne Steinberg, president, Lorne Steinberg Wealth Management FOCUS: Global value stocks and high-yield bonds  MARKET OUTLOOK: The aggressive rate hikes by the U.S. Federal Reserve and the Bank of Canada, while painful for borrowers, are achieving...

Source: Bankofcanada November 02, 2022

Keeping up with changes in how Canadians pay

Executive Director of Retail Payments Supervision Ron Morrow discusses how the Bank of Canada is taking on new responsibilities to help protect consumers when they p...

Source: Financialpost November 02, 2022

Is the Bank of Canada reaching the end of its rate raising cycle?

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 Episode 174 of Do...

Source: Financialpost November 02, 2022

Aggressive Bank of Canada rate hikes could add more strain on Ottawa’s debt servicing

'It's a bit of a perfect storm for a weaker fiscal forecast' When Finance Minister Chrystia Freeland delivered the 2022 federal budget in April, the Bank of Canada had only just embarked on its aggressive hiking cycle and interest rates sat at...

Source: Financialpost November 02, 2022

Posthaste: Home prices have further to fall, economists say

Economists unanimous downturn isn't over yet, according to one recent survey Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this p...

Source: Financialpost November 02, 2022

Telus doesn't need CRTC approval to surcharge majority of customers, regulator says

Telus implemented 1.5% charge last month for most wireless, home-service customers who pay bills by credit card The processing fee application Telus Corp. filed to the Canadian Radio-television and Telecommunications Commission only applies to...