Daily News

Source: Financialpost September 14, 2023

This retired woman needs to figure out what to do with potential $50 million in savings

Marianna wants some guidance on how to enjoy a comfortable retirement without risking outliving her money Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases...

Source: BNN Bloomberg September 13, 2023

Nasdaq 100 Drops 1 per cent as Apple slides after event

   A rout in technology companies dragged down the stock market, with investors gearing up for a key inflation report that’s expected to bring more insights on the outlook for the Federal Reserve’s next steps. The Nasdaq 100 underperformed, falling 1.1...

Source: BNN Bloomberg September 13, 2023

Three stocks positioned for growth: Portfolio manager

One portfolio manager says artificial intelligence, utilities and the energy sector are some areas of the stock market where investors can expect to see upside.    Jay Hatfield, chief executive officer and portfolio manager at Infrastructure Capital Advisors...

Source: BNN Bloomberg September 13, 2023

TSX recap: Index up 0.20% on energy boost

  Strength in energy stocks as the price of oil moved higher helped Canada's main stock index post a small gain Tuesday, while U.S. stock markets moved lower, led by the Nasdaq which lost more than one per cent.  The S&P/TSX Composite Index closed up 40...

Commodities Source: BNN Bloomberg September 13, 2023

Investors drawn to oil and gas, energy transition, TSX top 30 list shows

Both traditional oil and gas stocks as well as Canada's mining and metals sector have benefited from a recent surge of investor interest in energy, new data from the Toronto Stock Exchange shows. The 2023 TSX 30 list, released by the exchange on Tuesday, i...

Market Call Source: BNN Bloomberg September 13, 2023

Mike Philbrick's Top Picks: September 12, 2023

Mike Philbrick, chief executive officer, ReSolve Asset Management FOCUS: Exchange-traded funds  MARKET OUTLOOK: Inflation, often termed “the silent thief,” poses a subtle but profound threat to traditional stock-bond portfolios. As the general pric...

Source: Financialpost September 13, 2023

Matthew Lau: The NDP is always wrong: That’s almost impressive

As long as the NDP allows the Liberal agenda to continue it must share the blame Pierre Poilievre spent last weekend at the Conservative convention offering Canadians hope for a better and more affordable country after Justin Trudeau’s time as...

Source: Financialpost September 13, 2023

SNC-Lavalin changing name to AtkinsRealis in rebranding move

Engineering giant wants makeover after 11 years marked by scandals and trouble with the law MONTREAL — SNC-Lavalin Group Inc. says it is changing its name to AtkinsRealis in a rebranding move after a tumultuous decade for the engineering giant....

Source: Financialpost September 13, 2023

Canadian home prices are so high that even owners want them to fall

Homeowners willing to give up their own wealth to improve affordability for others Most Canadians are prepared to see home values fall, according to a new poll, suggesting some homeowners are willing to give up a bit of their own wealth to impr...

Source: Financialpost September 13, 2023

Posthaste: Brace yourself, Canada's economy is weaker than you think

Population boom is masking the full extent of our economic gloom, says Desjardins Good morning, When the Bank of Canada held its interest rate steady last week it acknowledged the economy was slowing. But by how much? The public m...