Daily News

Source: Financialpost February 03, 2023

Delissio pizza, Stouffer's to disappear from shelves as Nestle Canada winds down frozen meals business

Lean Cuisine and Life Cuisine will also no longer be sold in Canada TORONTO — Nestle Canada says it is winding down its frozen meals and pizza business in Canada over the next six months. REGISTER TO UNLOCK MORE ARTICLES Create an accoun...

Source: Financialpost February 03, 2023

'Nonsensical': CRA denies taxpayer's headhunter fees, but judge sees things differently

Jamie Golombek: CRA's reasoning for denying headhunter expenses full of contradictions, judge says Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made t...

Source: BNN Bloomberg February 02, 2023

U.S. stocks rally as Powell sees progress on inflation

U.S. stocks rose as Federal Reserve Chair Jerome Powell said the central bank has made progress in its battle against inflation, while warning that additional rate hikes are likely warranted. The S&P 500 jumped more than 1per cent after Powell said the “di...

Source: BNN Bloomberg February 02, 2023

Opportunities in travel stocks: Hot picks from Sylvia Jablonski

Travel demand continues to rise as countries lift their pandemic-related restrictions, and one investment professional doesn’t see it slowing down anytime soon. Speaking with BNN Bloomberg's Amber Kanwar on Wednesday, Sylvia Jablonski, chief executive offi...

Source: BNN Bloomberg February 02, 2023

TSX recap: Index finishes lower amid losses in energy stocks

Broad-based strength Wednesday helped buoy Canada's main stock index against losses in the energy sector, while U.S. markets rose, particularly the Nasdaq which gained two per cent.  The S&P/TSX Composite Index was down 16.33 points, or 0.08 per cent, at 2...

Source: BNN Bloomberg February 02, 2023

T. Rowe Price sees Canadian stocks as bargain play on China's reopening

Canada’s stock market just posted one of its biggest January returns ever. T. Rowe Price Group Inc. says there may be more gains to come.  The asset management firm is cautious on equities this year, but Canada is likely to outperform the U.S. again, accor...

Market Call Source: BNN Bloomberg February 02, 2023

Robert Gill's Top Picks: February 1, 2023

Robert Gill, senior vice president and portfolio manager, Goodreid Investment Counsel FOCUS: Canadian large caps  MARKET OUTLOOK: As we start 2023, it’s necessary to understand why 2022 was very different than previous years over the past decade. T...

Source: Financialpost February 02, 2023

Posthaste: Baby boomers delaying retirement have eased labour shortages, but our luck is about to run out

900,000 workers will likely stop working in the next three years, TD says Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page...

Source: Financialpost February 02, 2023

Tim Hortons' app users to get free beverage and baked good after Quebec Supreme Court approves class action settlement

Class action alleged the coffee chain's mobile app breached users' privacy Tim Hortons’ mobile application users can now get a free hot beverage and a baked good after the Supreme Court of Quebec approved a settlement agreement in a class-actio...

Source: Financialpost February 02, 2023

John Turley-Ewart: Scotiabank bucks a trend again

Scotiabank is again Bay Street’s odd man out as Scott Thomson, an experienced businessman but not an experienced banker, takes the helm As of Feb. 1, Scotiabank is again Bay Street’s odd man out as Scott Thomson, an experienced businessman but...