Daily News

Source: Financialpost November 30, 2022

Loss of HSBC Canada as competitor in mortgage space could raise costs for everyone, industry watchers say

Even with regulatory action, no guarantee bank's cut-rate mortgages will survive HSBC Canada has become a feisty competitor to Canada’s largest banks since entering the residential mortgage market in a big way in 2016, undercutting rates and ta...

Source: Financialpost November 30, 2022

Quebec plans to bar most immigrants who don't speak French

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 Quebec Premier Fr...

Source: Financialpost November 30, 2022

Where's Jack Ma? Alibaba founder discovered living in Tokyo since China's tech crackdown

Ma has largely disappeared from public view since he criticized Chinese regulators two years ago Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made thr...

Source: Financialpost November 30, 2022

Are Canadian companies ready for mandatory ESG reporting?

This article is Sponsored This story was created by Content Works, Postmedia’s commercial content division, on behalf of a client. by PwC Canada PwC Canada PwC Canada report identifies the barriers, benefits and best pract...

Source: Financialpost November 30, 2022

Diane Francis: Canada's health system can't support immigrant influx

Simply piling more people into an already-flailing system is irresponsible Canada’s health-care system is still reeling from the ravages of COVID-19 and is suffering from a shortage of doctors, nurses and hospital beds. And yet, our Liberal gov...

Source: BNN Bloomberg November 29, 2022

U.S. stocks hit by Fedspeak as China woes boost havens

Stocks sank as Federal Reserve officials stressed that more rate hikes are coming, with risk appetite also hit by uncertainties around China’s Covid curbs and their impact on the global economy. The S&P 500 pared its monthly gain as Fed Bank of St. Louis P...

Source: BNN Bloomberg November 29, 2022

Hedge fund that beat 99% of peers places contrarian bet on Meta

As Big Tech reels from the blow of higher interest rates and slowing growth, one top-performing hedge fund manager is going against the tide to bet on the sinking shares of Facebook-owner Meta Platforms Inc.   Expensive Silicon Valley tech would not normal...

Source: BNN Bloomberg November 29, 2022

Goldman strategists say stocks are yet to reflect recession risk

Stock markets are in for a wild ride next year as they don't yet reflect the risk of a U.S. recession, according to strategists at Goldman Sachs Group Inc. and Deutsche Bank. The team including Christian Mueller-Glissmann and Cecilia Mariotti said their mo...

Market Call Source: BNN Bloomberg November 29, 2022

Greg Newman's Top Picks: November 28, 2022

Greg Newman, senior wealth advisor and portfolio manager, Newman Group, ScotiaMcLeod FOCUS: North American stocks and portfolio protection strategies  MARKET OUTLOOK: We all know that if you miss the first 20 days of the next bull market, historica...

Source: Financialpost November 29, 2022

William Watson: Solicitor-client privilege? How about people-truth privilege?

Canadians have a right to know the truth about what Ottawa was thinking when it invoked the Emergencies Act Does it seem strange to anyone else that during the hearings into the use of the Emergencies Act we have been allowed to read the unreda...