Daily News

Source: Financialpost April 07, 2023

Posthaste: Home prices in Canada not done falling from 2022 peak, says TD report

Forecast calls for total drop of 21% from top of market 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 April 07, 2023

Jack Mintz: We should dock the pay of politicians who break their fiscal promises

If any decision-maker should be subject to performance pay, it is the prime minister This week I happened to receive a copy of Telus’ information circular. Included with the usual financial data is a disclosure of performance pay for the top ex...

Economy Source: Financialpost April 07, 2023

Canada adds 34,700 jobs in March, blowing away expectations

Unemployment rate holds at 5% OTTAWA — The Canadian economy added more jobs than expected in March and the unemployment rate remained near a record low for a fourth straight month, data on Thursday showed, a sign of economic resilience ahead of...

Economy Source: Financialpost April 07, 2023

'Jobs machine keeps on keeping on': What economists are saying about the March numbers

The Canadian labour market just keeps surprising The Canadian jobs market just keeps surprising economists. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited o...

Mining Source: Financialpost April 07, 2023

Rio Tinto's Ivan Vella on why Canada needs to get its act together on regulation — fast

Kevin Carmichael's Conversations: New urgency is about climate change, not about maximizing profit for shareholders Get the latest from Kevin Carmichael straight to your inbox Sign Up Conversations is a series from Financial Post edit...

Source: BNN Bloomberg April 06, 2023

Wall Street shuns risk as recession talks ramp up

Wall Street saw a renewed flight to safety, with stocks dropping and bonds climbing after weaker-than-estimated economic data revived fears that a recession could be in store. In a rotation away from growth shares, the Nasdaq 100 underperformed major bench...

Source: BNN Bloomberg April 06, 2023

​Gambling stocks: Three hot picks from David Katz

The gambling sector could stand to benefit from renewed investor interest in stocks that are positioned to reach profitability in 2023, one financial expert says.    In an interview with BNN Bloomberg’s Amber Kanwar on Wednesday, David Katz, managing directo...

Source: BNN Bloomberg April 06, 2023

Short sellers will be 'undone' by bets against TD: Investment strategist

As short sellers place bets against Toronto-Dominion Bank, one investment strategist said the lender has managed its risks well and Canadian banks have withstood similar short positions in the past. According to Bloomberg News, an analysis conducted by S3...

Source: BNN Bloomberg April 06, 2023

Paul Harris' Top Picks: April 5, 2023

Paul Harris, partner and portfolio manager, Harris Douglas Asset Management FOCUS: North American and global stocks  MARKET OUTLOOK: The U.S. Federal Reserve and other central banks reiterated that the priority remains the fight against inflation e...

Source: BNN Bloomberg April 06, 2023

​TSX recap: Index finishes 0.57% lower amid losses in technology stocks

Canada's main stock index closed down more than 100 points as losses in base metal, energy and technology stocks weighed on the market, while U.S. stock markets put in a mixed showing. The S&P/TSX Composite Index ended down 116.21 points, 0.57 per cent, at...