Daily News

Gordon Reid, president and CEO, Goodreid Investment Counsel FOCUS: U.S. equities   MARKET OUTLOOK: The “Santa Claus” rally is developing, as seasonal factors are setting up for a strong close for equity markets in 2023. And yes, it can be that simp...

Monday, Nov. 27 Notable data: Bloomberg Nanos Confidence, Bloomberg November Canada Economic Survey, U.S. New Home Sales Notable earnings: EQB Inc.  Tuesday, Nov. 28 Notable data: U.S. S&P CoreLogic Case-Shiller Home Price Index, U.S. FHFA...

Wealthsimple Inc. has launched a new service to offer retail investors exposure to private equity.  On Wednesday, the Toronto-based fintech company said it partnered with LGT Capital Partners, a wealth management group for the Liechtenstein royal family, i...

Canada's main stock index closed down slightly Friday while U.S. markets were mixed on a low-volume day following the U.S. Thanksgiving holiday. The S&P/TSX Composite Index closed down 13.55 points, or 0.07 per cent, at 20,103.11. In New York, the Dow J...

Rising pressures have 79% speeding up succession plans, 73% expecting new leadership within 3-5 years, KPMG survey says We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posth...

Receipts for retailers rose 0.8% last month, but there are signs of consumer weaknessCanadian consumers splurged in September and October, a surprise resurgence in spending even as high interest rates restrict household budgets. We apologize, but this...

European bonds fell after a report that Germany will suspend debt limits for a fourth consecutive year, adding to concerns over more borrowing as the euro-area economy slows. Chancellor Olaf Scholz’s government was forced into a radical budget overhaul by...

Christine Poole, CEO and managing director, GlobeInvest Capital Management FOCUS: North American large caps  MARKET OUTLOOK: Inflation pressures are easing and keeping central banks at bay. The lagged impact of the rapid interest rate hiking cycle...

Oil fell as discord within OPEC+ forced the group to delay an upcoming meeting, quelling speculation of further production cuts by the Saudi-led alliance just as U.S. data showed a hefty rise in stockpiles. Global benchmark Brent sank below US$81 a barrel...

Canada's main stock index edged higher on Wednesday, helped by energy and industrial stocks. The S&P/TSX Composite Index closed up 2.70 points, or 0.01 per cent, at 20,116.66, while U.S. stock markets were closed for their Thanksgiving holiday. Markets...