Daily News

Source: Financialpost December 13, 2023

Only 1 North American city made the top 10 best for expats — and it's in Canada

Vienna, Austria, took first place, but one Canadian city also made the cut in the top 10Making the decision to live and work abroad is a huge undertaking, especially if you’re uprooting your family. And perhaps the biggest question of all is: “Where do we go...

Source: Financialpost December 13, 2023

Beware myths around capital gains tax exemption for a principal residence

Kim Moody: Exemption is one of the most misunderstood tax provisions in the Income Tax ActReviews 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 December 13, 2023

Howard Levitt: Corey Perry situation shows even superstar employees are bound by company policies

Abrupt terminations are uncommon in pro sports, but Blackhawks were on mission to repair their cultureBy Howard Levitt and Maria Belykh We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from o...

Economy Source: Financialpost December 13, 2023

How high interest rates, inflation tanked Justin Trudeau's Liberals

High inflation, interest rates left people feeling worse off, even as economy outperforms expectations in many waysOTTAWA — Justin Trudeau’s government has had to weather many storms over the last eight years. We apologize, but this video has failed t...

Source: BNN Bloomberg December 12, 2023

Markets today: Wall Street holds back on big bets before CPI test

Stocks, bonds and the dollar saw small moves, with traders refraining from big bets ahead of key economic data and meetings from major central banks that will test market optimism about rate cuts next year. Wall Street is about to get a sense on whether th...

Source: BNN Bloomberg December 12, 2023

Ohtani's record US$700 million deal boosts sponsors' shares

Baseball superstar Shohei Ohtani’s record US$700 million 10-year contract with the Los Angeles Dodgers could already be a boon for his corporate sponsors, whose shares have largely underperformed this year. The contract is the biggest ever in the history o...

Market Call Source: BNN Bloomberg December 12, 2023

Teal Linde's Top Picks: December 11, 2023

Teal Linde, manager, Linde Equity Fund FOCUS: North American mid and large-cap stocks  MARKET OUTLOOK: This year has been the year of large-cap tech, namely the magnificent seven, which is essentially a rebrand of the former FAANG stocks. After plu...

Source: BNN Bloomberg December 12, 2023

Soft-landing bets fuel Canadian bank stocks despite real estate worries

Canada’s economy is stalling, the unemployment rate is rising and housing costs are crushing some households. The country’s banks are exposed to all of that, yet their shares are surging.  A major index of Canadian bank stocks is up 11 per cent since the b...

Source: BNN Bloomberg December 12, 2023

TSX recap: Index finishes slightly down amid losses in resource stocks

Canada's main stock index closed slightly lower Monday as losses in resource stocks offset gains in financials, while U.S. stock markets rose.  The S&P/TSX Composite Index closed down 13.18 points, or 0.06 per cent, at 20,318.36. In New York, the Dow Jo...

Source: Financialpost December 12, 2023

Interest rates for 60% of global economy will be set in 60-hour whirlwind window

Potential standoff looms with investors searching for insight into rate-cut timelinesFrom Washington to Frankfurt to London and beyond, central bankers are approaching their final decisions of the year against a backdrop of unease at how the global inflation...