Daily News

Market Call Source: BNN Bloomberg March 09, 2023

Ross Healy's Top Picks: March 8, 2023

Ross Healy, chairman at Strategic Analysis Corporation; portfolio manager, MacNicol & Associates Asset Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: There are times in the stock market when it is better to just let events drift...

Source: BNN Bloomberg March 09, 2023

Loonie hits four-month low as Bank of Canada holds key interest rate

The value of the loonie hit a four-month low compared with the U.S. dollar on Wednesday, but some experts say Canadian consumers shouldn't expect their wallets to take a major hit. The Canadian dollar traded at 72.54 U.S. cents on Wednesday, the weakest le...

Source: Bankofcanada March 09, 2023

Understanding the reasons for high inflation

Speaking a day after we decided to hold the policy rate, Senior Deputy Governor Carolyn Rogers talks about the factors behind high inflation and how we know inflatio...

Source: Financialpost March 09, 2023

RBC doesn’t see Canada's housing markets going into 'free fall'

Mortgage book of Canada's biggest bank in good shape despite higher rates and uncertain economy Canada’s real estate market could be more resilient than people think, says the chief financial officer of the country’s biggest bank. THIS...

Source: Financialpost March 09, 2023

Opinion: Why is B.C. holding back on LNG?

Shipping LNG would generate tens of billions of dollars, reduce carbon emissions and provide reconciliation to First Nations By Adam Pankratz THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your ci...

Source: Financialpost March 09, 2023

Bank of Canada holds interest rates: Read the official statement

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 Keeps key policy...

Source: Financialpost March 09, 2023

Will a more hawkish Fed force Bank of Canada's hand? What economists say about the first rate hold in a year

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 Other economic po...

Source: Financialpost March 09, 2023

David Rosenberg: What comes after a peak yield curve inversion? Nothing good

Typically the recession becomes a lock I have a belief system. I believe interest rates matter. I believe policy lags exist. I believe the business cycle has not been repealed. And I believe in the power of the yield curve since, after all, it...

Source: Financialpost March 09, 2023

Posthaste: Canadians say they're getting overtaxed as total bill eats up 45% of income

Plus, they feel they're paying too much for the government services they get, Fraser Institute poll finds Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases...

Source: BNN Bloomberg March 08, 2023

TSX recap: Index closes lower on energy stock weakness

Canada's main stock index edged lower Monday, softening as the afternoon progressed with weakness in energy stocks, while U.S. markets were mixed but didn't make big moves in either direction. The S&P/TSX composite index was down 66.78 points, or 0.32 per...