Daily News

Source: BNN Bloomberg March 14, 2023

Attractive aerospace stocks: Three hot picks from Matthew Lee

Airlines and airfreight companies are well positioned to capture the expected demand in travel and air shipping ahead, one analyst says.    In an interview with BNN Bloomberg’s Paul Bagnell on Monday, Matthew Lee, equity research analyst of aerospace and spe...

Company News Source: BNN Bloomberg March 14, 2023

Canadian regulator seizes assets of Toronto branch of Silicon Valley Bank

Canada's banking regulator says in light of the decision by the California Department of Financial Protection and Innovation to shut down Silicon Valley Bank, it has temporarily seized assets of the Canadian branch to preserve their value. U.S. banking reg...

Source: BNN Bloomberg March 14, 2023

TSX recap: Index finishes 0.94% lower amid losses in energy and financial stocks

Worries about the financial system after two recent bank failures saw bank stocks edge U.S. markets mostly down Monday after a volatile day of trading while Canadian markets fell on weakness in energy and financials.  The S&P/TSX Composite Index was down 1...

Market Call Source: BNN Bloomberg March 14, 2023

Lorne Steinberg's Top Picks: March 13, 2023

Lorne Steinberg, president, Lorne Steinberg Wealth Management FOCUS: Global value stocks and high-yield bonds  MARKET OUTLOOK: Recent comments by the U.S. Federal Reserve indicate that there is a high probability of further interest rate hikes, as...

Source: Bankofcanada March 14, 2023

Law Enforcement Award of Excellence for Counterfeit Deterrence

The Bank of Canada, in collaboration with the Canadian Association of Chiefs of Police (CACP), established an award of excellence for bank note counterfeiting deterrence in 2004. This...

Source: Financialpost March 14, 2023

Posthaste: Silicon Valley Bank collapse that shook the world reveals cracks emerging in the system

An ominous reminder that when central banks jack up rates, things break Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

Source: Financialpost March 14, 2023

Financial markets on edge as confidence in banks erodes: What you need to know

Global financial markets are in their worst state of panic since 2008 Global financial markets are in their worst state of panic since 2008, when cascading bank failures in the United States and Europe caused credit markets to seize, triggering...

Source: Financialpost March 14, 2023

How fallout from the SVB collapse could complicate life for some of Canada's big banks

Especially those with operations in the U.S. The collapse of Silicon Valley Bank is unlikely to have a significant direct impact on Canada’s Big Six banks, but fallout from the U.S. tech lender’s demise could nevertheless complicate life for th...

Source: Financialpost March 14, 2023

If a Canadian bank fails, how much do you get back?

What you need to know about how safe your money is “Money in the bank” is a phrase that conveys security. But what happens when the bank fails? That’s a question that was brought home last week when U.S. authorities shut down California-based S...

Source: Financialpost March 13, 2023

Opinion: More than 70 per cent of Canadians feel the average family is over-taxed

Lower taxes seem not to rank high on the agenda of most governments By Jake Fuss We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Opinion: More...