Daily News

Source: Financialpost June 23, 2023

Poor quality of job seekers top contributor to Canada's 'broken' hiring process

Number of factors combining to make it challenging for employers to fill roles, according to Indeed survey The hiring process in Canada is “broken,” with employers saying a number of factors including a lack of qualified candidates are combinin...

Source: Financialpost June 23, 2023

Taxpayer's 'genuine' TFSA contribution mistake still leads to CRA tax and penalty

Jamie Golombek: He ran afoul of TFSA limit and went to court to get CRA to reconsider his case, and ended up disappointed Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commissio...

Source: Financialpost June 23, 2023

3 Canadian cities ranked among world's top 10 most livable places

Vancouver, Calgary and Toronto made top 10 Three Canadian cities have made a list of the world’s top 10 most livable, though two slipped in the rankings from last year as other cities muscled their way to higher scores, according to a long-runn...

Source: BNN Bloomberg June 22, 2023

​How U.S. Federal Reserve policy could affect REIT stocks

A heightened interest rate environment has brought some weakness to the real estate stocks, but a pause in central bank tightening could cause real estate investment trusts (REITs) to rebound, one analyst says.    Speaking with BNN Bloomberg’s Andrew Bell on...

Source: BNN Bloomberg June 22, 2023

TSX recap: Index dips 0.24% despite energy gains

Losses in technology and battery metals helped lead Canada's main stock index lower despite gains in energy Wednesday, while U.S. markets were also down. The S&P/TSX Composite Index was down 48.19 points, or 0.24 per cent, at 19,705.95. In New York, the...

Source: BNN Bloomberg June 22, 2023

U.S. tech stocks on edge as Powell stays on message

U.S. stocks slid after a renewed warning from Federal Reserve Chair Jerome Powell that higher rates would be needed to combat inflation, thwarting bets that the U.S. central bank was nearing the end of its tightening cycle. The Nasdaq 100 has slumped more...

Market Call Source: BNN Bloomberg June 22, 2023

Barry Schwartz's Top Picks: June 21, 2023

Barry Schwartz, chief investment officer and portfolio manager, Baskin Wealth Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: The significant divergence between the performances of the Nasdaq Composite and the S&P 500 Index versu...

Source: Financialpost June 22, 2023

Canada Bread settles years-long price-fixing allegations, to pay $50-million fine

Regulators contend bread price-fixing scheme began in 2001 and spanned at least 14 years Get the latest from Barbara Shecter straight to your inbox Sign Up A key player in a bread price-fixing scandal that rocked Canadian supermarket...

Source: Financialpost June 22, 2023

Posthaste: Retirement crisis brewing as baby boomers near end of working lives with little, if any, savings

Close to half of those aged 55 to 64 only have $5,000 or less put aside for retirement, HOOPP survey says We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from ou...

Economy Source: Financialpost June 22, 2023

IMF urges Canada to bring back debt anchor and keep fiscal policy tight

Target used now has kept door open for elevated expenditures and added billions in new spending without need to lower debt The International Monetary Fund says Canada’s government should consider bringing back a debt anchor. THIS CONTEN...