Daily News

Source: BNN Bloomberg April 23, 2024

Citigroup selling maple bonds in first sizable deal since 2015

Citigroup Inc. is selling a large debt offering in the Canadian-dollar bond market for the first time in nearly a decade as US banks seek to diversify funding after reporting earnings. The bank is marketing $1 billion of fixed-to-floating rate notes that m...

Source: BNN Bloomberg April 23, 2024

AIMCo's balanced fund earned 8.0% in 2023, falls short of benchmark

Alberta Investment Management Corp. says its balanced fund earned a net return of 8.0 per cent for 2023, short of its benchmark return of 9.3 per cent. The investment manager says its public equity investments earned 15.8 per cent, while its fixed income h...

Source: BNN Bloomberg April 23, 2024

Nvidia is a 'great company' but not ideal for investment: portfolio manager

One portfolio manager says that while Nvidia Corp. is a high-performing company, it may not be ideal for investment.  Mike Vinokur, a portfolio manager at MV Wealth Partners with iA Private Wealth, said in an interview with BNN Bloomberg on Monday that sha...

Source: Financialpost April 23, 2024

4 tax-smart investment ideas that pack a punch even with the budget changes

Ted Rechtshaffen: These strategies can help many Canadians save tax every yearReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. A lot o...

Source: Financialpost April 23, 2024

Ottawa's budget makes it feel like Canada is betting at the casino again and losing

Martin Pelletier: The federal government needs to work with entrepreneurs and corporations — not disincentivize them — to tackle the country's affordability and productivity problemsI recently shared some of the lessons my son learned while visiting a casino...

Source: Financialpost April 23, 2024

Here's what you need to know about the increased capital gains tax

Jamie Golombek: Get ahead of the change by doing some proactive planningReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. The planned i...

Source: Financialpost April 23, 2024

Posthaste: These loans are raising credit risk red flags in Canada

Lenders starting to get nervous that jump in jobless rate could spark more defaults We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: These loans are raising credit...

Source: Financialpost April 23, 2024

Diane Francis: Our celebrity PM is getting attention for all the wrong reasons

Electing high-profile, but incompetent, candidates such as Justin Trudeau and Donald Trump reduced the status of their respective countries on the world stageIn 2015 and 2016, Canadians and Americans both elected an incompetent celebrity who lacked the crede...

Source: Bankofcanada April 22, 2024

Market Participants Survey—First Quarter of 2024

Results of the first-quarter 2024 survey conducted from March 7 to 15, 2024. The Market Participants Survey results are based on questionnaire responses from about...

Source: Financialpost April 22, 2024

Canadian housing market sluggish in March, CREA data shows

Benchmark home price dips, while sales inch upThe Canadian Real Estate Association is expecting the national housing market to “pick up on some level this year,” despite another month of sluggish activity in March. We apologize, but this video has fai...