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Source: Financialpost October 21, 2022

RBC emerges as Bay Street favourite to buy HSBC Bank Canada

While Royal Bank might be the best placed to make the acquisition, that doesn't mean its CEO will do so HSBC Holdings PLC’s Canadian unit has become the belle of the ball on Bay Street, as the country’s financial services heavyweights consider...

Source: Financialpost October 21, 2022

Beware the 'desk-bombers': Anxiety over unscheduled office conversations the latest worker malady

Fear of desk-bombing is related to another curious fact of office life: an aversion to using the phone From time to time, office life breeds a catchphrase that sounds deeply strange and yet makes sense as soon as someone says it....

Source: Financialpost October 21, 2022

Jack Mintz: Why Canada’s inflation rate is so high

Higher interest rates aren’t solely due to factors beyond our control. Our own excessive spending is mostly responsible Canadians will find no solace in Statistics Canada’s Wednesday announcement of the September inflation numbers. Consumer pri...

Source: BNN Bloomberg October 20, 2022

U.S. stocks fail to keep rally going with yield spike

Stock traders balked at any rebound attempt on Wednesday, with Treasury yields creeping back to multiyear highs and mounting concern that a hawkish Federal Reserve will raise the odds of a hard landing. The day that marked the 35th anniversary of the equit...

Source: BNN Bloomberg October 20, 2022

It's a stock picker's nightmare with everything moving in tandem

A nightmare scenario for stock pickers is unfolding just as the third-quarter earnings season gets underway. The S&P 500 Index's three-month realized correlation -- a gauge of how closely the top weighted stocks in the benchmark move relative to each other...

Market Call Source: BNN Bloomberg October 20, 2022

Alex Ruus' Top Picks: October 19, 2022

Alex Ruus, portfolio manager, Arrow Capital Management FOCUS: North American stocks   MARKET OUTLOOK: With a more difficult economy facing us in the year ahead, the general market is likely to be choppy for the next several quarters. The turmoil of...

Source: Financialpost October 20, 2022

CRTC decision paves way for cheaper cellphone bills, but Canadians may still have to wait

Analysts don't expect a flood of new operators this year In a much-awaited decision, the Canadian Radio-television and Telecommunications Commission has laid out terms and conditions for a policy aimed at increasing competition and lowering pri...

Source: Financialpost October 20, 2022

Global housing market pain has echoes of crash 30 years ago, and it could be worse this time

Canada among real estate markets flashing warning signs When COVID sent the U.K. economy into lockdown in 2020, the government jumped in to help the property market by cutting a tax on purchases. The temporary measure triggered a kind of mania...

Source: Financialpost October 20, 2022

Why a business owner who paid himself dividends got into trouble with the CRA

Jamie Golombek: A dividend isn't legally considered remuneration, which can have severe implications Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made...

Executive Summary Source: Financialpost October 20, 2022

Posthaste: Inflation numbers not all doom and gloom for some economists

'One should not be overly influenced by the volatile monthly movements' Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....