Daily News

Source: Bankofcanada March 08, 2023

Bank of Canada maintains policy rate, continues quantitative tightening

The Bank of Canada today held its target for the overnight rate at 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening. Global...

Source: Financialpost March 08, 2023

Matthew Lau: Pushing the worst-case climate scenario

Biden Administration has finally admitted RCP 8.5 is nonsense. Ottawa should do the same “Representative Concentration Pathway 8.5” (RCP 8.5) is a global warming trajectory trotted out by the Trudeau government, publicly funded institutes and c...

Source: Financialpost March 08, 2023

Borrowing against life insurance can be a unique source of cash — if you can do it

A large benefit of life insurance is the ability to use the cash value and even borrow against it Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made th...

Source: Financialpost March 08, 2023

Rage applying is the new quiet quitting for employees who feel underappreciated

Victoria Wells: Proponents say rage applying lets off steam and sometimes results in hefty salary increases Some employees who are feeling underappreciated at work have given up quiet quitting and turned to something much more aggressive: rage...

Source: Financialpost March 08, 2023

Bank of Canada set to pause interest rates before U.S. Federal Reserve

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 Tiff Macklem is e...

Source: Financialpost March 08, 2023

Posthaste: Housing market correction is hitting these cities the hardest — and they're not Toronto or Vancouver

Economists see another 10% fall in home prices this year Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

Economy Source: Financialpost March 08, 2023

Fewer Canadians have emergency savings on hand, driving down economic sentiment: poll

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 Household outlook...

Source: BNN Bloomberg March 07, 2023

U.S. stock rally hits a wall as economic headwinds loom

The stock market failed to gain much traction Monday on speculation that a recent rally has probably gotten overdone as economic risks linger. It’s not that investors were brimming with confidence at the start of trading, but the S&P 500 managed to climb a...

Company News Source: BNN Bloomberg March 07, 2023

First Capital REIT reaches agreement with activist investor group

First Capital Real Estate Investment Trust has reached an agreement with an activist investor group that was seeking to replace four of its trustees. Under the terms of the deal, Sandpiper and Artis Real Estate Investment Trust will withdraw a unitholder m...

Economics Source: BNN Bloomberg March 07, 2023

Dimon says China relations, war in Ukraine are his top concerns

The war in Ukraine and relationships with China are among the top concerns facing the economy, Jamie Dimon said.  “The thing I worry the most about is Ukraine,” JPMorgan Chase & Co.’s chief executive officer said Monday on Bloomberg Television. “It’s oil,...