Daily News

Source: BNN Bloomberg July 05, 2023

TSX recap: Index finishes 0.25% higher amid gains in energy stocks

Gains in energy and battery metals helped lift Canada's main stock index higher Tuesday as the price of oil also rose above US$70 a barrel. The S&P/TSX Composite Index was up 49.58 points, or 0.25 per cent, at 20,204.87. U.S. stock markets were closed f...

Source: Financialpost July 05, 2023

Calgary real estate sets another sales record as tight conditions persist

Low inventory levels remain a problem The Calgary real estate market set another record for sales in June and benchmark prices ticked up for the sixth consecutive month as persistently low inventory levels kept conditions tight by historical st...

Source: Financialpost July 05, 2023

B.C. ports strike could inflict damage that takes months to correct, warns Canada's biggest railway

Labour disruption now in its fourth day could hike costs for shipping and consumers Get the latest from Naimul Karim straight to your inbox Sign Up Canada’s largest railway company says the ongoing workers’ strike at ports in British...

Source: Financialpost July 05, 2023

Posthaste: Why the case for a Bank of Canada hike may be less compelling than we think

But even if the central bank holds, don't look for rate cuts until 2024 We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Why the cas...

Source: Financialpost July 05, 2023

Nearly 2,000 Air Canada flights delayed, cancelled over long weekend

Roughly half of all trips were disrupted Saturday through Monday Air Canada Inc. delayed or cancelled nearly 2,000 flights over the Canada Day long weekend in a potential taste of more trouble ahead for passengers. THIS CONTENT IS RESER...

Source: Financialpost July 04, 2023

Stop bashing housing investors. Canada desperately needs them

If not the investors, who will pay to maintain and own housing for millions of Canadians? Canada’s population grew by a million people last year, an increase in magnitude and pace that is unprecedented, and one that will place more demand for e...

Source: Financialpost July 03, 2023

Going to the movies cheaper now than in the '70s

Watch: Cineplex CEO Ellis Jacob talks about the box office forecast for movies this summer Ellis Jacob, chief executive of Cineplex Inc., talks to the Financial Post’s Larysa Harapyn about the box office forecast for movies this summer and why...

Source: Financialpost July 03, 2023

Stuck in the middle: Coping with the crushing reality of the sandwich generation

Five tools to manage stress when it hits Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. There is a perception that m...

Source: Financialpost July 02, 2023

Howard Levitt: Criminalization of wage fixing raises the stakes when it comes to employee retention

Changes to competition laws mean wage-fixing and non-poaching agreements are now illegal With Ontario legislation rendering most noncompetition clauses for new employment contracts unenforceable and other provinces considering doing the same, s...

Source: BNN Bloomberg July 01, 2023

TSX recap: Index finishes 1.22% higher amid gains in U.S. markets

Canada's main stock index closed out the first half of the year on a buoyant note, posting triple-digit gains heading into the three-day weekend while U.S. stock markets also moved higher.  The S&P/TSX Composite Index was up 242.12 points, 1.22 per cent, a...