Daily News

Source: BNN Bloomberg November 25, 2022

U.S. stocks boosted by rate-hike outlook; U.S. dollar slips

European stocks gained and the dollar fell after Federal Reserve meeting minutes showed support for more moderate interest-rate increases. Sign up to get breaking news email alerts sent directly to your inbox The Stoxx Europe 600 Index extended its...

Source: BNN Bloomberg November 25, 2022

TSX recap: Index finishes 0.3% higher on broad-based gains

Canada's main stock index made small but broad-based gains Thursday on a slow day for the markets amid a holiday south of the border.  Sign up to get breaking news email alerts sent directly to your inbox The S&P/TSX Composite Index was up 61.81 po...

Source: BNN Bloomberg November 25, 2022

Private equity Gets CO2 warning from investors with US$11T

Asset owners representing more than US$11 trillion are warning private equity firms and other alternative managers handling unlisted assets to make sure they don't fall behind the rest of the investment industry in reducing financed emissions. The United N...

Market Call Source: BNN Bloomberg November 25, 2022

James Telfser's Top Picks: November 24, 2022

James Telfser, partner and portfolio manager, Aventine Investment Counsel FOCUS: North American stocks  MARKET OUTLOOK: While we are encouraged that central banks have begun to soften their language and that we might be past peak hawkishness, what...

Source: Financialpost November 25, 2022

Canada's lettuce problem: What a $15 bag of romaine says about our food system

Crop failure in California is wake-up call for Canada to figure out how to grow more here At this point, Gordon Dean isn’t in a position to negotiate on lettuce. It’s so hard to come by that if a few cases show up at his family’s chain of five...

Source: Financialpost November 25, 2022

Sean Fraser: 'Unacceptable' that immigrant surgeons are working as taxi drivers

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 Minister pledges...

Source: Financialpost November 25, 2022

Banks seek workarounds to avoid mortgage default for struggling variable-rate borrowers

But tools that stave off trouble in the short term may have longer-term consequences Canadian banks are attempting to ease the burden on homeowners who can’t keep up with the rapid rise in interest rates by extending mortgage amortizations and,...

Source: Financialpost November 25, 2022

Jack Mintz: Why I'm glad Danielle Smith fired me from the Alberta Health Services board

Real health-care reform will require big policy and governance changes Last week, Alberta Minister of Health Jason Copping dismissed me and other members of the board of Alberta Health Services, the provincial health agency tasked with deliveri...

Source: BNN Bloomberg November 24, 2022

U.S. stocks rise as Fed minutes boost sentiment

U.S. stocks ended Wednesday’s session higher after the Federal Reserve’s latest meeting minutes showed most officials backing slowing the pace of interest-rate hikes soon.  Sign up to get breaking news email alerts sent directly to your inbox The S...

Source: BNN Bloomberg November 24, 2022

TSX recap: Index closes higher amid gains in technology stocks

Strength in the technology sector helped offset losses in energy stocks to leave Canada's main stock index with gains Wednesday alongside U.S. markets. The S&P/TSX Composite Index closed up 62.25 points, 0.31 per cent, at 20,282.26. Sign up to get br...