Daily News

Source: Financialpost August 27, 2024

Trudeau announces 100% tariff on Chinese EVs, signals more measures coming

Chinese EV producers called 'extraordinary threat' to Canada’s auto and metal workers Get the latest from Gabriel Friedman straight to your inbox Sign Up Canada will impose a 100 per cent surtax on nearly all Chinese-made electric vehicles, including...

Source: Financialpost August 27, 2024

Bank of Canada to cut interest rates deeper, faster over next year, economists say

Will fall to 3% by next July from current level of 4.5%Economists see the Bank of Canada cutting interest rates for a third consecutive meeting next week, continuing what’s anticipated to be a steady downward trend in borrowing costs over the next year as in...

Source: Financialpost August 26, 2024

Investors following the 'momo' may be missing out on a growing opportunity

Rate cuts in Canada and possibly in the U.S. are pushing smaller companies — often viewed as cyclical and riskier — out of a multi-year slumberBy David Barr We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see o...

Source: Financialpost August 26, 2024

Canada Frees Up Public Lands to Tackle Housing Shortage

Prime Minister Justin Trudeau’s government identified 56 federal properties, representing the size of about 2,000 hockey rinks, where hundreds of new affordable homes could be built to counter the scarcity of available land worsening a housing shortage.(Bloo...

Source: Financialpost August 25, 2024

The unseen force driving energy market valuations

Quicker supply response from policymakers or oil producers will be key in driving valuations higherWhile the spotlight in the market has moved away from oil as the near-term inflationary impact of the sector has subsided and global supply seems to be ample f...

Source: Financialpost August 24, 2024

Who's afraid of the big bad variable rate mortgage?

Robert McLister: With all evidence suggesting interest rates are on the decline, why are borrowers still afraid of variable rate mortgages?For a seemingly endless 27 months, from March 2022 to June 2024, those with variable-rate mortgages watched in dread as...

Source: Financialpost August 24, 2024

Howard Levitt: Wrongful dismissal lawsuit against RBC has captivated corporate Canada

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 Workday Workday People are entranced by the $50 m...

Economy Source: Financialpost August 24, 2024

Loonie rally puts currency market's biggest short to the test

Hedge funds and asset managers amassed a roughly US$14 billion short position in the Canadian dollarTraders have piled into record wagers against the loonie, betting that a rapidly slowing Canadian economy and a dovish central bank will deepen the currency’s...

Source: Financialpost August 23, 2024

5 ways the rich have an advantage over you

Peter Hodson: It takes money to make money, but once you have money, the advantages increaseThe perfect amount of money is not more; the perfect amount of money is enough. It is a great quote and a good philosophy. We apologize, but this video has failed...

Source: Financialpost August 23, 2024

Posthaste: Why it might be time to pile back into Canadian stocks

TSX could beat S&P 500 this year as this indicator turns positive for first time in 18 months We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Why it might be time to...