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Source: Financialpost March 22, 2023

Posthaste: Canada's housing market seen as 'main casualty' of looming credit squeeze

Risk of forced home sales rises as lending tightens We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada's housing market seen a...

Source: Financialpost March 22, 2023

Canada's inflation rate cools more than expected

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC The deceleration...

Energy Source: Financialpost March 22, 2023

Industrial policy is back in vogue in push for Canada to win on green economy

Freeland being urged to create framework to guide billions promised to companies to accelerate shift to greener economy An economic idea that fell out of fashion with stonewashed denim in the 1980s appears to be making a comeback: industrial po...

Source: BNN Bloomberg March 21, 2023

Canadian banks well equipped to handle further market turbulence: DBRS Morningstar

Canada’s Big Six banks have lost billions of dollars in market capitalization in the wake of the global banking crisis, according to DBRS Morningstar, but the company says the sector is well positioned to navigate the volatility. The fall of Silicon Valley...

Source: BNN Bloomberg March 21, 2023

Industrial stocks: Three hot picks from Alexander MacDonald

 Amid a potential economic downturn, one portfolio manager thinks it’s a good time for investors to start looking at the industrials space.  In an interview with BNN Bloomberg’s Jon Erlichman, Alexander MacDonald, a portfolio manager at GlobeInvest Capital...

Source: BNN Bloomberg March 21, 2023

North American banks OK for now, but recession may be next: Portfolio manager

A Canadian portfolio manager said he thinks North American banks are in better shape than Europe’s in the wake of the Credit Suisse’s downfall and uncertainty about what’s next in the global financial sector. However, Jean-Francois Tardif, founder of Timel...

Market Call Source: BNN Bloomberg March 21, 2023

Barry Schwartz's Top Picks: March 20, 2023

Barry Schwartz, chief investment officer and portfolio manager, Baskin Wealth Management FOCUS: North American large-cap stocks   MARKET OUTLOOK: There is no easy path in investing and clearly, everything that can go wrong will go wrong. With that...

Source: BNN Bloomberg March 21, 2023

U.S. stocks stage relief rally as banking jitters ease

Stocks climbed as regulators worldwide rushed to shore up market confidence, with the recent financial turmoil spurring speculation on a slower pace of tightening from major central banks. An earlier flight-to-safety bid waned, with all 11 groups in the S&...

Source: BNN Bloomberg March 21, 2023

TSX recap: Index closes 0.68% higher amid gains in energy stocks

Canada's main stock index began the week by posting a gain of more than 130 points, fueled by strength in energy stocks, while U.S. markets also rose. The S&P/TSX Composite Index was up 131.71 points, or 0.68 per cent, at 19,519.43. In New York, the Dow...

Source: BNN Bloomberg March 21, 2023

Ritchie Bros. Auctioneers Inc. completes acquisition of IAA Inc.

Ritchie Bros. Auctioneers Inc. announced it has closed its acquisition of U.S. firm IAA Inc. after a contentious few months that saw shareholders divided over the deal. Shareholders of the Vancouver-based auction company voted to approve the deal last Tues...