Daily News

Source: BNN Bloomberg November 14, 2023

TSX recap: Tech, energy lifts Index to 0.28% gain

Canada's main stock index ticked higher on Monday, led by strength in tech and energy, while U.S. markets were mixed.  The week started quietly as investors continue to take stock of what’s being interpreted as somewhat more dovish commentary from central...

Source: Financialpost November 14, 2023

Top headlines: Rent prices climb to new high for sixth straight month, up 9.9%

The latest business news as it happensTop headlines We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Top headlines: Rent prices climb to new high for sixth straight month, u...

Source: Financialpost November 14, 2023

Posthaste: This 'sticky' inflation could soon nudge the Bank of Canada to cut rates

Soon 'shelter costs' will be the only price pressure that's above target, says CIBC We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: This 'sticky' inflation could...

Source: Financialpost November 14, 2023

Toy orders, parka sales illustrate why Canada's economy is stalling

Companies are painting a stark picture of a consumer who’s pulling back on spending amid rising debt and inflationCanadian companies are painting a stark picture of a consumer who’s pulling back on spending, as rising debt payments and inflation force househ...

Source: Financialpost November 14, 2023

6 retirement strategies that don't get talked about enough

Jason Heath: These alternative strategies can help you achieve the best retirement possibleReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this...

Source: Financialpost November 14, 2023

Diane Francis: Trudeau's open immigration policies are becoming a problem for Americans

Increasing number of illegal migrants, drug smugglers using Canada as backdoor entryway into U.S.The foolish immigration policies of Prime Minister Justin Trudeau’s Liberals and their NDP backers have burdened Canada’s health-care system, inflated housing co...

Source: Financialpost November 12, 2023

CMHC eyes $8.5 billion bond sale as soon as next week

First offering since Ottawa raised issuance limit to $60 billion in SeptemberCanada’s federal housing agency is preparing a sale of as much as $8.5 billion in bonds as soon as next week, according to people familiar with the matter. We apologize, but...

Company News Source: BNN Bloomberg November 11, 2023

Aurora Cannabis revenues rise in Q2, led by strength in medical cannabis sales

Aurora Cannabis Inc. says it earned $256,000 in the second quarter, up from a loss a year earlier of $45.5 million.  The Edmonton-based cannabis company says net revenue for the quarter was $63.4 million, up from $48.6 million during the same quarter a yea...

Source: BNN Bloomberg November 11, 2023

Markets today: S&P 500 rally powers ahead to embolden bulls

Stocks extended their November rally amid a surge in tech giants, a relatively calm session for bonds and no major surprises from U.S. Federal Reserve speakers. A rebound in the S&P 500’s most-influential group sent the gauge to a seven-week high. The U.S....

Market Call Source: BNN Bloomberg November 11, 2023

Keith Richards' Top Picks: November 10, 2023

Keith Richards, president and chief portfolio manager, ValueTrend Wealth Management FOCUS: Technical analysis MARKET OUTLOOK: Look at the S&P 500, and you’ll note that it’s stalling around the last peak in the downtrend that began in July. In order...