Daily News

Source: BNN Bloomberg April 02, 2024

Trump's net worth drops US$1 billion as social media firm sinks

Donald Trump’s net worth tumbled by US$1 billion along with the shares of his social media business after it disclosed a more than $58 million loss in 2023, as revenue for the former president’s Truth Social platform trickled in.  Trump Media & Technology...

Source: BNN Bloomberg April 02, 2024

'Investors cannot afford to not be in tech' stocks: financial advisor

One financial advisor says that although tech stocks are trading at high prices, investors need to have positions in the sector.  Brenda O’Connor Juanas, a senior vice president and financial advisor at UBS, said in an interview with BNN Bloomberg on Monda...

Source: Bankofcanada April 02, 2024

Canadian Survey of Consumer Expectations—First Quarter of 2024

Results of the first-quarter survey | Vol. 5.1 | April 1, 2024 This survey took place between January 25 and February 14, 2024. Follow-up interviews w...

Source: Bankofcanada April 02, 2024

Business Outlook Survey—First Quarter of 2024

Results of the first-quarter 2024 survey | Vol. 21.1 | April 1, 2024 Business sentiment and sales growth expectations have stopped falling, according t...

Source: Financialpost April 02, 2024

Diane Francis: Only the Trudeau Liberals could botch an app so badly

ArriveCan affair is a case study in government mismanagementThousands of apps intended to make our lives easier and more efficient are created every year. Then there’s the ArriveCan app that the Trudeau government created. Costs so far have totalled an estim...

Source: Financialpost April 02, 2024

Tesla has Wall Street worried about how many cars it just sold

Waning demand for EVs and elevated interest rates taking a toll on salesTesla Inc. may be headed for a gloomy milestone as waning demand for electric vehicles and elevated interest rates take a toll on sales. We apologize, but this video has failed to...

Source: Financialpost April 02, 2024

Canada's productivity 'emergency' and the role newcomers play

Labour productivity increased just once in past seven quarters Get the latest from Naimul Karim straight to your inbox Sign Up Ever since the federal government announced its decision to place caps on temporary residents, economists have been talking...

Source: Financialpost April 02, 2024

The bare trust debacle shows the CRA needs to learn to respect taxpayers

Kim Moody: Taxpayers wasted money and tax professionals lost sleep only to be told the rules had changedReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through l...

Source: Financialpost April 02, 2024

Posthaste: Canada may just pull off that elusive 'soft landing' — except for this province

Country set to dodge recession, Deloitte predicts, though one province has already dipped into the red We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada may...

Source: Financialpost March 31, 2024

'Crying out for relief': Bank of Canada to cut rates more sharply than Fed, says CIBC

Watch: Avery Shenfeld, chief economist at CIBC Capital Markets, explains why deeper interest cuts will be neededAvery Shenfeld, managing director and chief economist at CIBC Capital Markets, talks with Financial Post’s Larysa Harapyn about the factors that c...