Daily News

Source: Financialpost September 05, 2023

No need for the Bank of Canada to raise rates again: CIBC

Watch CIBC economist Benjamin Tal on the state of the Canadian economy Benjamin Tal, deputy chief economist at CIBC Capital Markets, talks with Financial Post’s Larysa Harapyn about the state of the economy and whether the Bank of Canada will h...

Source: Financialpost September 04, 2023

Canada Orders Wealth One Bank Shareholders to Divest

Canada’s Finance Minister Chrystia Freeland instructed three of the founding investors of Wealth One Bank of Canada to divest their stakes in the lender, Globe & Mail reported Saturday, citing documents obtained through an access to information request...

Source: Financialpost September 04, 2023

Scotiabank unveils changes to leadership team

Moves follow retirement of current chief human resources officer Barb Mason at end of 2023 Bank of Nova Scotia is making several changes to its senior leadership team, including naming a new human resources chief and a new head of digital trans...

Source: Financialpost September 03, 2023

Posthaste: Canadian students giving up necessities, goals to pursue post-secondary education

79% of students believe the amount of debt they take on during school can be 'debilitating' We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. P...

Source: Financialpost September 03, 2023

Variable and fixed mortgage rates are rising

Watch: Mortgage broker and lowest rates expert Leah Zlatkin discusses the outlook for mortgage rates Leah Zlatkin, mortgage broker and lowest rates expert, talks with Financial Post’s Larysa Harapyn about how variable and fixed mortgage rates a...

Source: Financialpost September 03, 2023

Starfield review: A sci-fi saga for the masses

Bethesda's massive new space opera isn't perfect, but its accessible approach to open galaxy gaming should find a wide audience Score: 8.5/10 Platform: Xbox Series X (reviewed); also available for Windows PCsDeveloper: Bethesda Game StudiosPubl...

Source: BNN Bloomberg September 02, 2023

U.S. stock rally wanes at end of best week since June

A rally in stocks faded as bond yields climbed after a strong manufacturing report offset optimism with jobs data signaling the Federal Reserve is close to ending its hiking cycle. The S&P 500 closed with a small advance ahead of Monday’s U.S. holiday, whi...

Source: BNN Bloomberg September 02, 2023

​TSX today: Index up on broad-based gains

Canada's main stock index gained almost one per cent in afternoon trading Friday on broad-based strength after the latest GDP report helped bolster hopes that the Bank of Canada could be done hiking interest rates. U.S. markets were mixed.    The S&P/TSX Com...

Market Call Source: BNN Bloomberg September 02, 2023

Rob Lauzon's Top Picks: September 1, 2023

Rob Lauzon, chief investment officer, Middlefield Capital Corporation FOCUS: Global and North American equities  MARKET OUTLOOK: With earnings growth troughing and economic data holding up, we expect the outlook for stocks to improve through year-e...

Source: Financialpost September 02, 2023

Ottawa to reveal plan for emissions cap on oil and gas this fall

Certain to prompt a fight with Alberta Prime Minister Justin Trudeau’s government plans to unveil its proposal to cap oil and gas emissions this fall, a policy that will test Canada’s ability to meet its climate targets without knee-capping a c...