Daily News

Source: Financialpost March 10, 2023

High interest rates mean you don't want to be late if you pay income tax by instalments

Jamie Golombek: You could be hit with arrears interest at the highest rate we’ve seen in more than 15 years Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchas...

Source: Financialpost March 10, 2023

Cathie Wood's flagship Ark fund tops $300 million in fees as investors lose billions

Many investors may be nursing losses so large they are unwilling to withdraw their funds Cathie Wood‘s Ark Investment Management LLC has earned more than US$300 million in fees on its flagship exchange-traded fund since its inception nine years...

Source: Financialpost March 10, 2023

'Our profit doesn't go to me': Loblaw's Galen Weston faces his critics during surreal visit to Parliament Hill

Loblaw, Empire and Metro defend themselves against allegations of profiteering in the grocery business Galen Weston appeared in a corridor at the House of Commons, walking like he had taken several deep breaths before turning the corner. A herd...

Economy Source: Financialpost March 10, 2023

Kevin Carmichael: 3 things Carolyn Rogers told us about how Bank of Canada is thinking about the economy

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 Senior deputy gov...

Source: BNN Bloomberg March 09, 2023

Navigating the currency market: Three hot picks from Kathy Lien

The Canadian dollar suffered a selloff following the Bank of Canada’s decision to keep interest rates on hold at 4.50 per cent on Wednesday.    Speaking with BNN Bloomberg’s Amber Kanwar on Wednesday, Kathy Lien, managing director at BKForex, said the Canadi...

Market Call Source: BNN Bloomberg March 09, 2023

Ross Healy's Top Picks: March 8, 2023

Ross Healy, chairman at Strategic Analysis Corporation; portfolio manager, MacNicol & Associates Asset Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: There are times in the stock market when it is better to just let events drift...

Source: BNN Bloomberg March 09, 2023

Loonie hits four-month low as Bank of Canada holds key interest rate

The value of the loonie hit a four-month low compared with the U.S. dollar on Wednesday, but some experts say Canadian consumers shouldn't expect their wallets to take a major hit. The Canadian dollar traded at 72.54 U.S. cents on Wednesday, the weakest le...

Source: Bankofcanada March 09, 2023

Understanding the reasons for high inflation

Speaking a day after we decided to hold the policy rate, Senior Deputy Governor Carolyn Rogers talks about the factors behind high inflation and how we know inflatio...

Source: Financialpost March 09, 2023

RBC doesn’t see Canada's housing markets going into 'free fall'

Mortgage book of Canada's biggest bank in good shape despite higher rates and uncertain economy Canada’s real estate market could be more resilient than people think, says the chief financial officer of the country’s biggest bank. THIS...

Source: Financialpost March 09, 2023

Opinion: Why is B.C. holding back on LNG?

Shipping LNG would generate tens of billions of dollars, reduce carbon emissions and provide reconciliation to First Nations By Adam Pankratz THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your ci...