Daily News

Source: Financialpost August 10, 2023

Canada to sell Trans Mountain pipeline stake to Indigenous groups through special-purpose vehicle

Government will provide groups with access to capital so they don’t have to risk any of their own money Canada plans to sell a stake in the Trans Mountain oil pipeline to Indigenous groups through a special-purpose vehicle that will allow indiv...

Source: Financialpost August 10, 2023

Posthaste: Housing market faces 'bumpy' road amid high interest rates, RBC says

Bank of Canada hikes put brakes on housing rebound, except for in the Prairies We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Hou...

Source: Financialpost August 10, 2023

Matthew Lau: The NDP wants lower grocery prices but higher wages for grocery workers. How does that work?

NDP cares nothing about actual food affordability: they just hate businesses earning profits The largest strike in the history of Canada’s largest private-sector union, Unifor, is currently underway, with 3,700 workers shutting down 27 Metro gr...

Source: BNN Bloomberg August 09, 2023

TSX recap: Index dips 0.15% on metals and banking stocks

Canada's main stock market nudged southward in trading on Tuesday, in line with a bigger dip in U.S. markets. The S&P/TSX Composite Index dipped 30.06 points, or 0.15 per cent, to 20,205.98, dragged down by metals and financials stocks. In New York, the...

Market Call Source: BNN Bloomberg August 09, 2023

Hap Sneddon's Top Picks: August 8, 2023

Hap Sneddon, chief portfolio manager and founder, CastleMoore Inc. FOCUS: Technical analysis  MARKET OUTLOOK: Inflation in Canada has slowed recently to 2.8 per cent, and in the U.S., to three per cent.  The highs in inflation crested in the spring...

Source: Financialpost August 09, 2023

Cannabis company Tilray dives further into beer buying eight brands from Anheuser-Busch

Would make Tilray the fifth-largest craft beer operator in U.S. Tilray Brands Inc. is expanding its case of craft brews, announcing a deal to buy eight beer and beverage brands from Anheuser-Busch Companies LLC. We apologiz...

Source: Financialpost August 09, 2023

Why now may be a great opportunity to buy energy

Martin Pelletier: Things are lining up for a large and sudden rise in oil prices This has to be the strangest year I’ve ever seen in energy markets and last week was a perfect example why. We apologize, but this video has f...

Source: Financialpost August 09, 2023

American cars are developing a serious weight problem

Average new vehicle has gained 175 pounds in the past three years, bloating made worse by transition to electric models The average weight of a new vehicle sold in the United States last year was a whopping 4,329 pounds. We...

Source: Financialpost August 09, 2023

Tim Hortons quarterly sales hit $2 billion for first time, but franchisee profits not where they need to be, exec says

Cold beverages lift sales Get the latest from Jake Edmiston straight to your inbox Sign Up Tim Hortons’ global quarterly sales surpassed US$2 billion for the first time in its history, but the coffee chain’s parent company said its fr...

Source: Financialpost August 09, 2023

Opinion: Canadians pay a high price when governments ignore common sense

Common sense says don't boost immigration during a housing crisis, adopt losing energy policies or rule-wrap investment By Jason Clemens and Niels Veldhuis We apologize, but this video has failed to load. Try refreshing you...