Daily News

Source: Financialpost September 26, 2023

Posthaste: These two provinces will struggle with the lowest growth in Canada, economists say

Can you guess which province will lead growth? We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: These two provinces will struggle wi...

Source: Financialpost September 25, 2023

Posthaste: Canadians cutting back to cope with inflation, but say some sacrifices go too far

Almost all are holding onto big ambitions like getting married, buying a first home or having a child, survey says We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other video...

Source: BNN Bloomberg September 23, 2023

Treasuries halt Fed-fueled rout as U.S. stocks struggle

Treasuries rebounded and stocks struggled at the end of a jittery week that saw investors positioning for a higher-for-longer Federal Reserve stance. Ten-year yields dropped after briefly topping 4.5 per cent for the first time since 2007. The S&P 500 notc...

Market Call Source: BNN Bloomberg September 23, 2023

Gordon Reid's Top Picks: September 22, 2023

Gordon Reid, president and CEO, Goodreid Investment Counsel FOCUS: U.S. equities  MARKET OUTLOOK: As we begin to exit the seasonably weak late summer period, markets appear poised to rally into year-end. The August to September correction, albeit m...

Source: BNN Bloomberg September 23, 2023

The Week Ahead: employment and GDP data due

Monday, Sept. 25 Notable earnings: Thor Industries Notable guests: Edward Morse, global head of commodity research, Citi Group Tuesday, Sept. 26 Notable data: S&P CoreLogic Case-Shiller Home Price Index (July), U.S. FHFA House Price Index (...

Source: Financialpost September 23, 2023

National Bank CEO warns of harsh 'new reality' for fixed-rate mortgage borrowers

Better positioned than many of its larger rivals to navigate a downturn, CEO says National Bank of Canada is better positioned than many of its larger rivals to navigate a downturn that’s poised to hit banks’ balance sheets and customers, accor...

Source: Financialpost September 23, 2023

Alberta wants to leave the CPP: Can they do that and what does it mean for the rest of Canada?

Can Alberta really walk off with half the CPP? The Financial Post's Ian Vandaelle answers your questions A new LifeWorks study commissioned by the Alberta government says the province could be entitled to take $334 billion — more than half of a...

Economy Source: Financialpost September 23, 2023

Canadian consumers are buying less but paying more

Retail sales rose in July, but that was mostly due to higher prices Retail sales increased in July, suggesting Canadians still had some dry powder to spend despite high inflation and interest rates, but that was mostly due to higher prices as v...

Source: BNN Bloomberg September 22, 2023

Wall Street trading roiled by 'post-Fed hangover'

Stocks fell the most since March, while Treasury 10-year yields climbed as the latest reading on the labor market just reinforced the case for the Federal Reserve’s higher-for-longer stance. The S&P 500 dropped 1.6 per cent. All major U.S. equity benchmark...

Market Call Source: BNN Bloomberg September 22, 2023

Christine Poole's Top Picks: September 21, 2023

Christine Poole, CEO and managing director, GlobeInvest Capital Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: The U.S. economy has remained resilient, but cracks in the economy are starting to appear. Excess savings built up du...