Daily News

Source: Financialpost July 25, 2023

TC Energy sells 40% stake in Columbia gas pipeline system for $5.2 billion

GIP will also contribute $1.3 billion a year for three years to capital expenditures Canadian pipeline giant TC Energy Corp. is selling a 40-per-cent stake in its Columbia Gas Transmission and Columbia Gulf Transmission pipelines for $5.2 billi...

Source: Financialpost July 25, 2023

Posthaste: Why Canadians' cash cushion might not be as big as we think

Estimates of pandemic savings 'vastly' overstated, say economists We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Why Canadians' ca...

Source: Financialpost July 25, 2023

Diane Francis: Immigration pushing housing, health care to the breaking point

Trudeau's immigration policies have put a significant strain on large urban areas such as Toronto, Vancouver and Montreal Prime Minister Justin Trudeau’s push to increase immigration to unprecedented levels is damaging Canada’s health-care syst...

Economy Source: Financialpost July 25, 2023

Inflation, housing woes to prompt Trudeau to shuffle cabinet as attacks mount

Here's who's at risk of being reassigned in looming cabinet shuffle Prime Minister Justin Trudeau is expected to shuffle his cabinet soon, as a pileup of political controversies and the rising cost of living make him vulnerable to attacks by hi...

Economy Source: Financialpost July 25, 2023

Bank of Canada seen holding rates at 5% as economy avoids hard landing

Economists see no chance of recession this year Economists now see a soft landing for the Canadian economy, with no recession this year despite interest rates at a 22-year high. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe no...

Source: Bankofcanada July 24, 2023

Market Participants Survey—Second Quarter of 2023

Results of the second-quarter 2023 survey conducted from June 8 to 19, 2023. The Market Participants Survey results are based on questionnaire responses from about...

Source: Financialpost July 24, 2023

Stock market's 2023 surge faces Fed test even as profits improve

US stocks are approaching a record high and the outlook for Corporate America is only expected to brighten. Now investors are waiting to see if the Federal Reserve derails the market’s bull run. United States stocks are approaching a record hig...

Source: Financialpost July 24, 2023

Canadian stocks offer compelling opportunity: Morgan Stanley

Watch: Stu Morrow on why Canadian investors might want to shift money from the U.S. market back home Stu Morrow, chief investment strategist at Morgan Stanley Wealth Management Canada, talks with the Financial Post’s Larysa Harapyn about the op...

Source: Financialpost July 24, 2023

Bank of Canada should stop hiking interest rates now: Benjamin Tal

Watch: CIBC deputy chief economist says more rate hikes will cause a recession Benjamin Tal, deputy chief economist at CIBC, talks with the Financial Post’s Larysa Harapyn about the latest inflation data, the impact on the Bank of Canada‘s next...

Source: Financialpost July 23, 2023

Howard Levitt: Are your employees really working or are they delegating to ChatGPT?

AI poses risks to employers Companies across Canada are rushing to bring artificial intelligence into their workflows. But what risks does AI pose to employers and what should they do to protect themselves? THIS CONTENT IS RESERVED FOR...