Daily News

Source: Financialpost October 01, 2023

Housing market pause will persist, Deloitte Canada says

Watch: Dawn Desjardins discusses the state of the economy and the road ahead Dawn Desjardins, Deloitte Canada’s chief economist, talks with Financial Post’s Larysa Harapyn about how the housing market pause will persist. Desjardins discusses th...

Source: Financialpost October 01, 2023

Philip Cross: Young people’s unhappiness isn’t older generations' fault

Every generation faces hardships but millennials seem especially unable to cope Statistics Canada last week released a sobering but hardly surprising study of the current state of young people in Canada. Many cannot find affordable housing, for...

Source: BNN Bloomberg September 30, 2023

TSX recap: Index down almost 50 points

Canada's main stock index closed down by almost 50 points, while U.S. stock markets were mixed on the final trading day of what has been a difficult month for investors. The S&P/TSX Composite Index was down 49.47 points, or 0.25 per cent, at 19,541.27....

Source: BNN Bloomberg September 30, 2023

The Week Ahead: Bank of Canada to speak on economic situation

Note: In the event of a U.S. government shutdown starting Oct. 1, U.S. government-sourced data releases may be postponed. The U.S. Federal Reserve is unaffected. Monday, Oct. 2 Notable data: S&P Global Manufacturing PMI, ISM Mfg. PMI, U.S. constructi...

Source: Financialpost September 30, 2023

Posthaste: Canadians willing to sacrifice financial security for homeownership

High mortgage rates and rising inflation aren't discouraging Canadians from buying homes We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Post...

Source: Financialpost September 30, 2023

Top headlines: Sunwing Airlines to fold into WestJet within a year

The latest business news as it happens Today’s top 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: Sunwing Airlines t...

Source: Financialpost September 30, 2023

William Watson: We need a little perspective on Nazi-gate

If there's a lesson here, it's that we need to spend more time on history The search for adult life in Ottawa continues. One reaction to the embarrassing parliamentary standing ovation for an old man who may not actually have been a Nazi but wh...

Source: Financialpost September 30, 2023

Canada to get recession 'earlier and harder' than U.S., David Rosenberg says

Watch: Economist discusses 'September effect' and what's going to give hope to the market David Rosenberg, president and chief economist and strategist of Rosenberg Research & Associates Inc., talks with Financial Post’s Larysa Harapyn about ho...

Economy Source: Financialpost September 30, 2023

Canada's economic growth misses forecasts, backing interest rate pause

Economy still in a soft patch as interest-rate increases weigh on indebted households, restrain spending The Canadian economy rebounded slightly last month but still saw little growth, backing a case for the central bank to keep rates on hold d...

Economy Source: Financialpost September 30, 2023

'Struggling to grow': What economists are saying about Canada's GDP

Weak readings could keep the Bank of Canada interest rate on hold Canada’s gross domestic product was flat for July, matching Statistics Canada’s early estimate but falling short of analysts’ expectations of 0.1 per cent growth....