Daily News

Source: Financialpost October 03, 2023

Posthaste: Why Canada’s population boom might not keep the economy afloat this time

Economic indicators signal Canada is teetering on edge of recession Good morning, Population growth in Canada this past year has been historic. The pace over the last 12 months was the highest in this country since 1957 and eclips...

Source: Financialpost October 03, 2023

Toronto real estate class-action could affect billions of dollars in commissions

Financial Post’s Shantae Campbell unpacks the details of what could be a landmark case A Federal Court judge on Sept. 25 allowed a class-action lawsuit alleging home sellers in the Toronto area have been forced to pay artificially inflated comm...

Source: Financialpost October 03, 2023

Top headlines: Canadian home prices are too rich for higher interest rates, Paul Beaudry says

The latest business news as it happens Today’s top headlines We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Top headlines: Canadian home pric...

Source: Financialpost October 02, 2023

Listen to message markets are sending, David Rosenberg says

Watch: 'Let the markets do the thinking for you' David Rosenberg, president and chief economist and strategist of Rosenberg Research & Associates Inc., talks with Financial Post’s Larysa Harapyn about how investors should listen to the message...

Source: Financialpost October 01, 2023

Housing market pause will persist, Deloitte Canada says

Watch: Dawn Desjardins discusses the state of the economy and the road ahead Dawn Desjardins, Deloitte Canada’s chief economist, talks with Financial Post’s Larysa Harapyn about how the housing market pause will persist. Desjardins discusses th...

Source: Financialpost October 01, 2023

Philip Cross: Young people’s unhappiness isn’t older generations' fault

Every generation faces hardships but millennials seem especially unable to cope Statistics Canada last week released a sobering but hardly surprising study of the current state of young people in Canada. Many cannot find affordable housing, for...

Source: BNN Bloomberg September 30, 2023

TSX recap: Index down almost 50 points

Canada's main stock index closed down by almost 50 points, while U.S. stock markets were mixed on the final trading day of what has been a difficult month for investors. The S&P/TSX Composite Index was down 49.47 points, or 0.25 per cent, at 19,541.27....

Source: BNN Bloomberg September 30, 2023

The Week Ahead: Bank of Canada to speak on economic situation

Note: In the event of a U.S. government shutdown starting Oct. 1, U.S. government-sourced data releases may be postponed. The U.S. Federal Reserve is unaffected. Monday, Oct. 2 Notable data: S&P Global Manufacturing PMI, ISM Mfg. PMI, U.S. constructi...

Source: Financialpost September 30, 2023

Posthaste: Canadians willing to sacrifice financial security for homeownership

High mortgage rates and rising inflation aren't discouraging Canadians from buying homes We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Post...

Source: Financialpost September 30, 2023

Top headlines: Sunwing Airlines to fold into WestJet within a year

The latest business news as it happens Today’s top headlines We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Top headlines: Sunwing Airlines t...