Daily News

Source: BNN Bloomberg February 11, 2023

The Week Ahead: Earnings from Air Canada, Coca-Cola

Monday, February 13 Notable data: : Construction Investment Notable earnings: Dye & Durham, Denny’s Corp., Algoma Steel, H&R REIT Tuesday, February 14 Notable data: New Motor Vehicle Sales, U.S. NFIB Small Business Economic Trends Survey, U...

Source: Financialpost February 11, 2023

Toronto home sales forecast to fall to level not seen in two decades

TRREB also predicts prices will rise this year, but will still be lower than in 2022 Home sales in the Greater Toronto Area (GTA) will decline to their lowest level since 2001 this year despite a rebound in the second half, according to annual...

Source: Financialpost February 11, 2023

Ontario pension plans sitting on unclaimed $3 billion owed to people they cannot locate

Some of the 175,000 'missing' plan members may have moved to other jobs and are unaware of the benefits they’ve accumulated Tens of thousands of people in Ontario who are entitled to more than $3 billion in combined pension benefits aren’t coll...

Economy Source: Financialpost February 11, 2023

Canada's job gains surge by 150,000, crushing expectations again

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 The unemployment...

Economy Source: Financialpost February 11, 2023

Kevin Carmichael: Canada's 'blowout' jobs report raises questions about the path of interest rates

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 Risk that the Ban...

Economy Source: Financialpost February 11, 2023

Mark Carney says a recession is coming, but interest rates won't come down anytime soon

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 Central banks unl...

Economy Source: Financialpost February 11, 2023

'A challenge for the Bank of Canada': What economists say about the blockbuster jobs report

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 The majority of t...

Source: BNN Bloomberg February 10, 2023

U.S. stock buyers' fatigue kicks in as bond yields jump

Wall Street couldn’t find many reasons to keep lifting stocks amid higher bond yields, hawkish Fedspeak and a surge in equity bullishness among retail investors that’s often seen as a contrarian indicator. The S&P 500 finished lower after wiping out a rall...

Company News Source: BNN Bloomberg February 10, 2023

Brookfield to continue share buybacks if discount persists

Brookfield Corp. Chief Executive Officer Bruce Flatt said the Toronto-based alternative asset manager will consider accelerating share buybacks if the company’s stock continues trading well below the firm’s estimate of its real value. “We expect to continu...

Source: BNN Bloomberg February 10, 2023

TSX recap: Index finishes lower amid mixed corporate earnings

Falling commodity prices and mixed corporate earnings helped push down Canada's main stock index Thursday, while U.S. stock markets also fell. "It's a pretty earnings-driven market," said Ryan Crowther, a portfolio manager at Franklin Bissett Investment Ma...