Daily News

Source: BNN Bloomberg May 22, 2024

What a world growing older fast means for investing

Idanna Appio spent 15 years at the U.S. Federal Reserve Bank of New York analysing the history of sovereign debt crises. Now, as a fund manager at the US$138 billion First Eagle Investments, she’s reached a conclusion: U.S. Treasury bonds are too risky to hol...

Market Call Source: BNN Bloomberg May 22, 2024

Keith Richards' Top Picks: May 21, 2024

Keith Richards, president and chief portfolio manager, ValueTrend Wealth Management FOCUS: Technical analysis  MARKET OUTLOOK: Here’s a question for readers: if the economy is strong then why are typically defensive groups like consumer staples and...

Source: BNN Bloomberg May 22, 2024

'All eyes on TD' and U.S. probes as Canadian bank earnings begin

Toronto-Dominion Bank and its US money-laundering woes are set to dominate the start of Canadian bank earnings season this week.  It’s “all eyes on TD,” Bank of America Securities analysts led by Ebrahim Poonawala wrote, noting that investors may be more w...

Source: Financialpost May 22, 2024

Howard Levitt: What the federal government’s return-to-work directive means for non-union employees  

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 Workday Workday Many of the large federal unions...

Source: Financialpost May 22, 2024

Posthaste: Why Canada is better able to handle the costs of an aging population than other countries

Fully funded CPP and immigration will lower financial hit, says RBC We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Why Canada is better able to handle the costs...

Source: Financialpost May 22, 2024

Waiting for warmth: Housing sales slump as spring blooms

Buyers now find themselves in a favourable positionBy Murtaza Haider and Stephen Moranis We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Waiting for warmth: Housing sales s...

Source: Financialpost May 22, 2024

Red Lobster chain goes bankrupt after unlimited shrimp deal

The restaurant chain had been deteriorating for several years, with diners down 30% since 2019Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labour costs and a disastrous unlimited shrimp promotion. We ap...

Source: Financialpost May 22, 2024

Canada's inflation rate falls for fourth straight month

Slowdown led by food prices, services and durable goodsCanada’s annual rate of core inflation eased for a fourth straight month, bolstering a case for policymakers to begin an easing cycle in the coming months, but a slight increase in the monthly pace may k...

Source: Financialpost May 22, 2024

Inflation data 'all clear' for Bank of Canada interest rate cut in June, economists say

'April’s data sent a loud and clear message that disinflation is here to stay'With inflation cooling to a three-year low in April, some economists are now all but guaranteeing that the first interest rate cut of the Bank of Canada‘s tightening cycle will com...

Source: Bankofcanada May 21, 2024

Bank of Canada Museum announces 2024 recipients of its Award for Excellence in Teaching Economics

The Bank of Canada Museum is honouring two outstanding educators for their exceptional work teaching students about the economy. Philippe Bélanger-Leroux from École...