Daily News

Source: BNN Bloomberg January 27, 2024

RBC analyst recommends consumer staple stocks

Consumer staple stocks underperformed broader equity markets last year, but an analyst has identified selective buying opportunities in the sector that he says investors should consider. Nik Modi, managing director and global co-head of consumer research a...

Technology Source: BNN Bloomberg January 27, 2024

Researchers 'concerned' about some 'finfluencer' investing content

A new report examines the impact of social media financial influencers, highlighting disclosure concerns among influencers making stock recommendations. The report published Thursday by the CFA Institute found Gen Z investors were more likely to seek inves...

Source: BNN Bloomberg January 27, 2024

TSX recap: Index edges 0.11% higher

Canada's main stock index eked out a gain Friday, while U.S. markets ended the day mixed as tech pulled equities lower. The S&P/TSX Composite Index closed up 23.74 points at 21,125.28. In New York, the Dow Jones Industrial Average was up 60.30 points at...

Source: Financialpost January 27, 2024

Ontario to require universities and colleges to guarantee foreign student housing

Move follows cap on international students visas imposed by Ottawa earlier this weekOntario, the most populous province in Canada and home to half the country’s foreign students, will require all colleges and universities to guarantee housing is available fo...

Source: Financialpost January 27, 2024

Cutting costs not enough? Here's how to start a side hustle that works

If you are scrimping and saving all you can and still not making ends meet, there is a solutionReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on t...

Source: Financialpost January 27, 2024

Toronto office tower goes up for sale in sign of market thaw

Dream REIT has hired CBRE Group and TD to market 438 University Ave.A Canadian landlord is sounding out potential buyers for a downtown Toronto office tower, testing a market that’s been largely frozen since interest rates started shooting up nearly two year...

Source: Financialpost January 27, 2024

Jack Mintz: Canada's EV strategy has cost $4 million a job

Chrystia Freeland's new economy is fuelled by old-fashioned subsidiesWith Canadian GDP per capita dropping like a stone, what would you expect our minister of finance, Chrystia Freeland, to say last week at the elite Davos confab? “Come to Canada! We have $1...

Source: Financialpost January 27, 2024

Posthaste: The coming recession will be a tale of housing versus commodities

How hard each province is hit will depend on their relative exposures to these markets, says economist We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: The coming...

Company News Source: BNN Bloomberg January 26, 2024

AIMCo 'would look at' buying Trans Mountain: CEO

The delayed Trans Mountain pipeline is set to begin filling with Canadian crude next month, and the CEO of one of Canada’s largest investment funds says he would consider purchasing the pipeline when the federal government decides to sell it. “We have an a...

Source: BNN Bloomberg January 26, 2024

Three homebuilder stocks poised to deliver strong returns: financial expert

U.S. homebuilder stocks outperformed the S&P500 last year and ended 2023 at near-record-highs even as interest rates remained elevated, and a financial expert says he sees more of the same in 2024. Tyler Batory, executive director of equity research at Opp...