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Source: Financialpost February 27, 2024

The Trans Mountain pipeline expansion: Who wins, who loses and how did we get here?

More than a decade in the making, the $30-billion project could be a game-changer for Canadian oil Get the latest from Naimul Karim straight to your inbox Sign Up The Trans Mountain pipeline expansion project may still be months away from completion,...

Source: Financialpost February 27, 2024

Uncertainty over Bank of Canada interest rate cut dragging on Big Six, say analysts

Expectations are low for Canada's big banks as earnings season starts TuesdayUncertainty over how long interest rates will remain elevated is posing a risk to growth and credit quality at Canada’s big banks, according to analysts who will be keeping an eye o...

Source: Financialpost February 26, 2024

Warren Buffett's best insights in this year's letter to shareholders

A tribute to Charlie Munger and warning about the current state of the stock marketWhen legendary investor Warren Buffett releases his annual letter to his 3 million shareholders, the financial world pays attention. We apologize, but this video has fa...

Source: Financialpost February 25, 2024

Canadian economy is already in recession by this measure

Watch Desjardins economist Jimmy Jean on the state of economy and timing of rate cutsJimmy Jean, chief economist at Desjardins, talks with Financial Post’s Larysa Harapyn about the economy’s performance and when the Bank of Canada will feel comfortable start...

Source: Financialpost February 25, 2024

The power of individual pension plans compared to RRSPs

An IPP offers a robust alternative for entrepreneurs and incorporated business ownersReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

Source: Financialpost February 25, 2024

Bank of Canada to cut interest rates in half by end of next year: Desjardins

First cut could come in April if inflation and economy slows furtherCanadians can expect the Bank of Canada to start providing some respite this spring as the central bank “slowly but surely” moves towards its first interest rate cuts, says Desjardins Group....

Source: BNN Bloomberg February 24, 2024

Indigenous firms, First Nation to create investment dealer with Scotiabank

    Canada's first Indigenous-owned investment dealer could soon be a reality as Scotiabank is partnering with two Indigenous development corporations and a First Nation to launch one. Cedar Leaf Capital Inc., which still needs regulatory approval, w...

Source: BNN Bloomberg February 24, 2024

Husband snooping on wife's M&A work gets U.S. insider trading charge

A Texas man made almost US$2 million by illegally trading on his wife’s conversations with her BP Plc colleagues, according to the U.S. Securities and Exchange Commission in its latest case about couples eavesdropping while working from home.  For months,...

Source: BNN Bloomberg February 24, 2024

The Week Ahead: earnings from Big Six banks; GDP data due

Monday, Feb. 26 U.S. new home sales data Earnings: Ivanhoe Mines, Cargojet, Emera, Domino’s Pizza, Zoom, iRobot Tuesday, Feb. 27 Earnings from Big Six Canadian banks begin Earnings: Scotiabank, BMO, Norwegian Cruise Lines, Lowe’s, Macy’s,...

Source: BNN Bloomberg February 24, 2024

Nvidia flirts with US$2T valuation as rapid ascent extends

Nvidia Corp. is on track to become the first semiconductor firm with a US$2 trillion valuation, another milestone in its ascendancy as the biggest beneficiary of a rush into artificial intelligence-related stocks over the past year. The chipmaker’s shares...