Daily News

Source: Bankofcanada November 22, 2022

Monitoring the health of Canada’s financial system

Senior Deputy Governor Carolyn Rogers discusses risks and vulnerabilities in our financial system and what the Bank of Canada is doing to support financial stability...

Source: Financialpost November 22, 2022

Matthew Lau: Trudeau knows even less about entrepreneurship than monetary policy

The business community should know better than to parrot government misinformation on business and economics Last year Prime Minister Justin Trudeau informed Canadians he does not think about monetary policy. Perhaps instead he thinks about ent...

Source: Financialpost November 22, 2022

Posthaste: The world’s population explosion has been defused — but now there's a new time bomb

And the consequences of ignoring it are dire Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. We...

Source: Financialpost November 22, 2022

Bank of Canada’s Carolyn Rogers flags first-time homebuyers facing 'trigger rates' as risk

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 About half of var...

Source: Financialpost November 22, 2022

Half of variable-rate mortgages have hit their trigger rate, estimates Bank of Canada

That’s about 13 per cent of all Canadian mortgages OTTAWA — Bank of Canada senior deputy governor Carolyn Rogers says the adjustment to higher interest rates will be painful for recent homebuyers with variable-rate mortgages....

Economy Source: Financialpost November 22, 2022

Canada's economy quickens in October, upending forecasts for tepid growth

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 Data suggest busi...

Source: Financialpost November 21, 2022

Elon Musk keeps the layoff axe swinging, cuts more Twitter workers

Fires sales staff just days after employee exodus following 'hardcore' ultimatum Elon Musk laid off more Twitter Inc. workers from the sales side of the social network’s business beginning late on Sunday, further trimming a staff that had alrea...

Source: Financialpost November 21, 2022

Home Capital — the mortgage lender bailed out by Buffett — is being bought by Smith Financial

It survived a regulatory probe, short-seller campaign and partial bank run Home Capital Group Inc., the Toronto-based alternative mortgage lender that survived a regulatory probe and short-seller campaign before being bailed out by Warren Buffe...

Source: Financialpost November 21, 2022

David Rosenberg: S&P 500 could drop as low as 2,500 before this bear market is finished

Use this period of strength in the stock market to take profits and raise cash By David Rosenberg and Brendan Livingstone We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see o...

Source: Financialpost November 21, 2022

Posthaste: More signs of the beginning of the end of Canada's housing correction

The worst of falling sales and prices may be behind us, but before you get too excited … Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through lin...