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Source: Financialpost November 25, 2022

Banks seek workarounds to avoid mortgage default for struggling variable-rate borrowers

But tools that stave off trouble in the short term may have longer-term consequences Canadian banks are attempting to ease the burden on homeowners who can’t keep up with the rapid rise in interest rates by extending mortgage amortizations and,...

Source: Financialpost November 25, 2022

Jack Mintz: Why I'm glad Danielle Smith fired me from the Alberta Health Services board

Real health-care reform will require big policy and governance changes Last week, Alberta Minister of Health Jason Copping dismissed me and other members of the board of Alberta Health Services, the provincial health agency tasked with deliveri...

Source: BNN Bloomberg November 24, 2022

U.S. stocks rise as Fed minutes boost sentiment

U.S. stocks ended Wednesday’s session higher after the Federal Reserve’s latest meeting minutes showed most officials backing slowing the pace of interest-rate hikes soon.  Sign up to get breaking news email alerts sent directly to your inbox The S...

Source: BNN Bloomberg November 24, 2022

TSX recap: Index closes higher amid gains in technology stocks

Strength in the technology sector helped offset losses in energy stocks to leave Canada's main stock index with gains Wednesday alongside U.S. markets. The S&P/TSX Composite Index closed up 62.25 points, 0.31 per cent, at 20,282.26. Sign up to get br...

Market Call Source: BNN Bloomberg November 24, 2022

Stan Wong's Top Picks: November 23, 2022

Stan Wong, portfolio manager at Scotia Wealth Management FOCUS: North American large caps and ETFs MARKET OUTLOOK: The fourth-quarter rally for equity markets has been robust with the S&P 500 Index up nearly 15 per cent from the October lows. At Th...

Source: Financialpost November 24, 2022

Long-term rate hikes effects will be 'more powerful' than people think: Stephen Poloz

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 Former Bank of Ca...

Source: Financialpost November 24, 2022

Tiff Macklem acknowledges the Bank of Canada is losing money for first time

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 But that won’t im...

Source: Financialpost November 24, 2022

The CRA is already challenging real estate transactions ahead of new anti-flipping rules

Jamie Golombek: CRA is challenging perceived real estate 'flips' through the court system, with mixed results Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purch...

Source: BNN Bloomberg November 23, 2022

TSX recap: Index ends trading 1.22% higher amid broad-based gains

Canada's main stock index was up nearly 250 points Tuesday, swept up by a reversal in oil prices and broad-based gains, while U.S. markets also rose. The S&P/TSX Composite Index was up 242.88 points, or 1.22 per cent, at 20,220.01. Sign up to get bre...

Source: BNN Bloomberg November 23, 2022

Canadians prefer to invest their money in the stock market: Survey

The majority of Canadians prefer to invest their money in the stock market, according to a survey by HelloSafe. A report released last week asked respondents to choose their three top investment products out of seven options. It found over half of responde...