Daily News

Source: Financialpost September 15, 2023

Trudeau calls on major grocers to create plan to stabilize food prices or face conseqences

5 largest grocers will be asked to come up with plan by Thanksgiving LONDON, Ont. — The federal government is demanding major Canadian grocers come up with a plan to stabilize prices, drawing pushback from the food industry....

Source: Financialpost September 15, 2023

Posthaste: Poll finds a lot of Canadians want to sell their homes within 3 years

But likelihood that all would follow through extremely low We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Poll finds a lot of Can...

Source: Financialpost September 15, 2023

VW lays off workers at key EV factory over cratering demand

Phaseout of EV subsidy in Germany causes demand to drop Volkswagen AG is cutting temporary workers at its main electric-vehicle factory in Germany after the phaseout of a subsidy in the country caused demand for its EVs to drop....

Source: BNN Bloomberg September 14, 2023

TSX today: Index finishes 0.28% higher

Canada's main stock index posted a small gain Wednesday while U.S. stock markets were mixed after the latest report on inflation south of the border.  The S&P/TSX Composite Index closed up 55.86 points at 20,278.94. In New York, the Dow Jones Industrial...

Market Call Source: BNN Bloomberg September 14, 2023

Bruce Campbell's Top Picks: September 13, 2023

Bruce Campbell, president and portfolio manager, StoneCastle Investment Management FOCUS: Canadian stocks  MARKET OUTLOOK: Investors are currently grappling with the perplexing mix of market and economic data. The economy appears to be sending mixe...

Source: BNN Bloomberg September 14, 2023

Wall Street yawns at 'not great, no disaster' CPI

Stocks, bonds and the dollar saw small moves, with a mixed inflation report reinforcing speculation the Federal Reserve will pause its rate hikes — but refrain from calling the end of its tightening cycle. The S&P 500 was little changed. The Dow Jones Indu...

Source: BNN Bloomberg September 14, 2023

Startup offering fractional real estate ownership sees 'great interest' from Canadians

Canada’s housing affordability crisis is forcing some priced-out buyers to invest in fractional real estate ownership as one way to enter the market.    The average home price in some of Canada's largest cities has long exceeded $1 million, with average hom...

Source: Financialpost September 14, 2023

Posthaste: Relentless scam calls are making people afraid to answer their phones

Digital fraud climbing, TransUnion says We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Relentless scam calls are making people af...

Source: Financialpost September 14, 2023

7 years not enough to build millions of extra homes needed to fix affordability: economist

Cramming that much construction into such a short time frame unrealistic, Desjardins' economist says Canada has no chance of building the additional millions of homes Canada Mortgage and Housing Corp. projects would be needed to restore housing...

Source: Financialpost September 14, 2023

Opinion: Climate censorship is worse than you think

Science requires open debate. It does not advance by consensus or political pressure Censorship over opinions concerning whether we are in a climate emergency, catastrophe, apocalypse or even worse has made headlines recently because of the wel...