Daily News

Source: BNN Bloomberg March 07, 2023

TSX today: Index edges lower as energy and base metals fall

Canada's main stock index edged lower in afternoon trading, weighed down by losses in the energy and base metal sectors, while U.S. stock markets climbed higher to start the week. The S&P/TSX Composite Index was down 3.14 points, or 0.02 per cent, at 20,57...

Source: BNN Bloomberg March 07, 2023

Three retail sector stock picks from John Kernan

The retail sector has struggled amid inflationary pressures and inventory backup, but this challenging environment could offer investors some good deals on stocks, one financial expert advised.   Speaking with BNN Bloomberg's Amber Kanwar on Monday, John K...

Market Call Source: BNN Bloomberg March 07, 2023

Keith Richards' Top Picks: March 6, 2023

Keith Richards, president and chief portfolio manager, ValueTrend Wealth Management FOCUS: Technical analysis  MARKET OUTLOOK: Major indices have crossed through their 2000-day moving averages. That’s the good news. However, the indices (SPX, TSX)...

Source: Financialpost March 07, 2023

Private mortgage risk flagged by regulators amid growth in shadow banking

Canadians are taking on riskier loans and holding them for longer Private non-bank mortgage loans that often come with higher lender fees and interest-only payment options are taking a growing share of residential real estate lending in Canada,...

Source: Financialpost March 07, 2023

Jim Hinton: Why we must abandon Canada's uniquely troubling approaches to innovation

Canada’s innovation approaches have not been serious Canada’s innovation approaches have not been serious. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited on...

Source: Financialpost March 07, 2023

Real estate inventory levels 'shockingly low': Re/Max Canada

Watch: President Chris Alexander says there's also a 'stalemate' between buyers and sellers on price Chris Alexander, president of Re/Max Canada, talks with the Financial Post’s Larysa Harapyn about the low levels of housing for sale, a phenome...

Source: Financialpost March 07, 2023

Diane Francis: We've only scratched the surface of foreign interference and espionage

Canadian public kept in the dark about espionage scandal inside their own country With the spotlight on China’s interference in Canadian elections, the case of Cameron Ortis, the former RCMP spy master who was charged in 2019 with violating the...

Source: Financialpost March 07, 2023

3 factors affecting our currency that will hurt Canadians for years to come

Canadians will have to get used to a weaker, range-bound loonie for some time A friend of mine was telling me about his family’s trip to Hawaii a few weeks ago. He was shocked at paying US$72 for four acai breakfast bowls, and US$200 for family...

Source: Financialpost March 06, 2023

Ottawa can balance the budget, but will it?

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 Watch: C.D. Howe...

Source: Financialpost March 05, 2023

Nordstrom joins the exodus of U.S. retailers from Canada: What you need to know

13 Canadian brick-and-mortar stores to close by late June Nordstrom Inc. announced on March 2 that it will close the Canadian arm of its upscale department store business due to financial losses after almost a decade in the country, the latest...