Daily News

Market Call Source: BNN Bloomberg July 11, 2023

David Baskin's Top Picks: July 10, 2023

David Baskin, chairman at Baskin Wealth Management FOCUS: North American large caps  MARKET OUTLOOK: Economic conditions remain surprisingly strong in spite of the significant increases in interest rates in all markets. Unemployment in North Americ...

Source: Financialpost July 11, 2023

Stock investors are on notice after Wall Street’s fear gauge jumps

Potential for damage is extreme From wrong-way calls on bonds to Big Tech and the economy, it’s been an awful year for conventional wisdom., so when almost four in five Wall Street pros tell you the stock market is too calm, the savviest thing...

Source: Financialpost July 11, 2023

Global Fuels to acquire one of Canada's largest retail gas station networks

241 retail gas and convenience locations BURLINGTON, Ont. — Ontario-based Global Fuels Inc. says it has signed a deal to acquire all of U.K.-based Greenergy’s Canadian retail fuel business. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY...

Source: Financialpost July 11, 2023

B.C. ports meet with union for first time in days, propose revised plan to end strike

Two groups met with the help of federal mediators Get the latest from Naimul Karim straight to your inbox Sign Up Representatives of workers and employers at the ports of British Columbia met for the first time in nearly a week to end...

Source: Financialpost July 11, 2023

Posthaste: Canadians reporting insolvency hits record high just before Bank of Canada expected to hike interest rate

Third of people polled say they can't cover their bills and debt payments We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canadians...

Source: Financialpost July 11, 2023

Bank of Canada will hike interest rates one more time: CIBC

Watch: CIBC's Andrew Grantham on the path for interest rates in Canada and the U.S. Andrew Grantham, senior economist with CIBC Capital Markets, talks with Financial Post’s Larysa Harapyn about how interest rate hikes are affecting the economy...

Source: Financialpost July 09, 2023

Ontario Court of Appeal rejects new tort of family violence

Civil wrong created in landmark ruling overturned The Ontario Court of Appeal has rejected the creation of the tort of family violence in a much anticipated decision that could have significantly transformed family law. THIS CONTENT IS...

Source: BNN Bloomberg July 08, 2023

​Midyear market check: How does your portfolio stack up?

The first half of 2023 marks a turnaround for the broader equity markets. After suffering a nearly 20 per cent decline in 2022, the benchmark S&P 500 is up 16 per cent from January 1; officially entering bull market territory last week.   The other benchmark...

Market Call Source: BNN Bloomberg July 08, 2023

Jamie Murray's Top Picks: July 7, 2023

Jamie Murray, portfolio manager and head of research, Murray Wealth Group FOCUS: North American and global equities  MARKET OUTLOOK: After a strong first half mainly led by a rebounding technology sector, we expect continued market strength in the se...

Source: BNN Bloomberg July 08, 2023

U.S. stocks end week lower after slew of jobs data

U.S. stocks slumped after a spate of jobs reports tamped down speculation the Federal Reserve would leave interest rates unchanged later this month. The S&P 500 fell 1.2 per cent over the shortened holiday week while the Nasdaq 100 slid 0.9 per cent. Yield...