Daily News

Source: Financialpost March 30, 2023

Federal budget's unexpected dividend tax change would be fresh hit to insurers and banks

New rules would mean dividends on Canadian equities held by financial institutions would be taxed at full rate Banks and insurers are being targeted with new tax measures in the federal budget for the second consecutive year after Ottawa propos...

Source: Financialpost March 30, 2023

CMHC amends 'illogical' foreign homebuyer ban to help boost housing supply growth

Changes will allow non-Canadians to purchase a residential property in certain circumstances The federal housing minister has made amendments to regulations on foreign purchases of residential property, saying the move will give more flexibilit...

Source: Financialpost March 30, 2023

Posthaste: Canadians leaving free money from CRA on the table thanks to poor tax planning

Thinking about taxes year-round can reduce your overall tax bill, IG Wealth Management says Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through...

Source: Financialpost March 30, 2023

Bank of Canada 'ready to act' against banking turmoil, deputy governor Toni Gravelle says

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Silicon Valley Ba...

Economy Source: Financialpost March 30, 2023

Kevin Carmichael: Why Freeland decided to turn on the spending taps in budget 2023

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC With Finance fore...

Source: BNN Bloomberg March 29, 2023

​Energy stocks to hold for the long haul: Three hot picks from Cole Smead

Despite the recent weakness in oil prices, one financial expert says investors who hold on to stocks for longer will likely see a payoff.    In an interview with BNN Bloomberg’s Amber Kanwar on Tuesday, Cole Smead, president and portfolio manager at Smead Ca...

Source: BNN Bloomberg March 29, 2023

​TSX today: Index up in afternoon trading

Gains in the energy, base metals and battery metals sectors helped Canada's main stock index move higher in afternoon trading, while U.S. stock markets were mixed.   The S&P/TSX Composite Index was up 54.36 points, or 0.28 per cent, at 19,679.10.   In New...

Source: BNN Bloomberg March 29, 2023

U.S. stocks fall as tech rotation falters; bonds dip

A slide in technology shares halted a three-day advance in U.S. stocks as investors continued to recalibrate bets on the Federal Reserve’s path forward on interest rates. Treasuries were little changed. The Nasdaq 100 slumped 1 per cent — paring a March ad...

Market Call Source: BNN Bloomberg March 29, 2023

Darren Sissons' Top Picks: March 28, 2023

Darren Sissons, partner and portfolio manager, Campbell, Lee & Ross FOCUS: Global and technology stocks  MARKET OUTLOOK: We have seen four major systemic breaches in under 12 months. This includes the U.K., pension crisis and the failure of two U.S...

Source: Bankofcanada March 29, 2023

Lessons from our support of financial markets in tough times

Deputy Governor Toni Gravelle talks about how the Bank of Canada supported markets during the COVID-19 pandemic and what we might do differently in the future. He...