Daily News

Source: Financialpost January 19, 2023

Peter Shawn Taylor: Ottawa goes all-in on its shiny new industrial policy

Welcome to Canada’s new industrial policy — handing out money faster than ever As the former auditor general for Newfoundland and Labrador, Sen. Elizabeth Marshall has an eye for financial detail. More importantly, she can spot its absence....

Source: Financialpost January 19, 2023

Terence Corcoran: Never let a ‘polycrisis’ go to waste 

World Economic Forum rides a Davosian avalanche of risk Another World Economic Forum (WEF) event is in full swing high in Swiss ski country at Davos. Or is it in full downhill decline? It all depends on which version of this year’s annual meeti...

Source: Financialpost January 19, 2023

4 ways the wealthy can make a dent in a large tax bill

Ted Rechtshaffen: These ideas could help the wealthy pay 5 times instead of 7 times what the average person pays on taxes Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commissio...

Source: Financialpost January 19, 2023

Zellers to reopen with 25 locations across Canada early this year

Is there a Zellers store coming to a location near you? Find out here Hudson’s Bay Co. (HBC) is bringing discount brand Zellers back to life with 25 locations inside its The Bay department stores early this year. We apo...

Economy Source: Financialpost January 19, 2023

FP Explains: Breaking down the December inflation numbers

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 Watch: Here's wha...

Source: BNN Bloomberg January 18, 2023

U.S. stocks snap 4-day rally; Dow drops most in a month

U.S. stocks fell as concern over the outlook for corporate earnings weighed on risk sentiment while investors assessed the path for policy tightening.  The S&P 500 closed in the red for the first time in five days after struggling for direction throughout...

Source: BNN Bloomberg January 18, 2023

TSX recap: Index closes higher amid gains in energy, industrial stocks

Strength in the energy, utility and industrial sectors helped Canada's main stock post a small gain Tuesday despite weakness in metals, while U.S. markets were mixed. The S&P/TSX Composite Index was up 67.13 points, or 0.33 per cent, at 20,457.46. In Ne...

Market Call Source: BNN Bloomberg January 18, 2023

Kim Bolton's Top Picks: January 17, 2023

Kim Bolton, president and portfolio manager, Black Swan Dexteritas FOCUS: Technology stocks  MARKET OUTLOOK: The Black Swan Dexteritas [BSD] Global Tech Hedge Fund investment is down 10 per cent for calendar 2022, which is significantly better than...

Source: Financialpost January 18, 2023

A mental health crisis in Canada is fuelling billions in losses for employers

Victoria Wells: Workers dealing with low-grade malaise from pandemic and financial stress from rising cost of living Workers are still struggling almost three years after the pandemic sent Canadians’ mental health to new depths and that’s costi...

Source: Financialpost January 18, 2023

TSX slams Canada over Chinese lithium divestment order

Intervention risks risked harming free flow of capital on which mining companies rely The Toronto Stock Exchange has called on Canada’s government to do more to replace lost capital after Ottawa ordered three Chinese companies to divest their s...