Daily News

Source: Financialpost March 12, 2024

Chinese-made cranes used at Canadian ports flagged as security concern by U.S.

U.S. investigators fear technology on the cranes could send data back to China or be used to disable them Get the latest from Gabriel Friedman straight to your inbox Sign Up Chinese-made cargo cranes that have been flagged as a security concern by an...

Source: Financialpost March 12, 2024

What will your income be in retirement? The answer goes well beyond investment returns

You may have more money coming in than you think. Jason Heath lists the potential sourcesReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this pa...

Source: Financialpost March 12, 2024

Posthaste: Canada's housing market 'recovery' gets a reality check

Drop in sales and surge in new listings suggest too early to sound all clear We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada's housing market 'recovery' ge...

Source: Financialpost March 12, 2024

Diane Francis: Trudeau sits idly by as Mexico overtakes us as America's largest trading partner

Canada is stuck with an anti-business government and a prime minister who has driven away investmentLast year, Mexico became the United States’ biggest trading partner, surpassing Canada and China for the first time. This humiliating fact is simply the lates...

Source: Financialpost March 11, 2024

Home builder sentiment hits record low

Watch Canadian Home Builders' Association CEO Kevin Lee on what industry needs from Ottawa to meet housing targetsKevin Lee, chief executive of Canadian Home Builders’ Association, talks with Financial Post’s Larysa Harapyn about how home building will slow...

Source: BNN Bloomberg March 10, 2024

The Week Ahead: U.S. CPI data due; Quebec budget

Monday, March 11 Earnings: Westshore Terminals, Lithium Americas, Ballard Power, SilverCrest Metals, Oracle Corp Tuesday, March 12 Quebec budget 8:30 a.m. U.S. Consumer Price Index (February) Earnings: Wesdome Gold, Labrador Iron Ore, Tra...

Source: Financialpost March 10, 2024

Trans Mountain pipeline extension insurance against Canadian oil price blowout, says analyst

Watch Rory Johnston of Commodity Context on OPEC, oil demand and Canadian oil pricesRory Johnston, founder of Commodity Context, talks with Financial Post’s Larysa Harapyn about OPEC, oil demand and the impact of the Trans Mountain pipeline extension on Cana...

Source: BNN Bloomberg March 09, 2024

CPP to invest up to US$2.2 billion in Telecom Italia’s network

Canada Pension Plan Investment Board has agreed to acquire a minority stake in Telecom Italia SpA’s landline network. The investment firm is taking a 17.5 per cent stake for as much as €2 billion (US$2.2 billion), CPP Investments said in a statement Friday...

Source: BNN Bloomberg March 09, 2024

Markets today: U.S. stocks suffer 'heat check' as rally hits a wall

Wall Street traders sent stocks sliding on speculation that a rally to multiple records this year is now overdone. Just when investors were wrapping their heads around a mixed jobs report, weakness in the S&P 500’s most-influential group weighed heavily on...

Economics Source: BNN Bloomberg March 09, 2024

TSX could 'disappear' without more domestic investment from Canadian pensions: Letko

A veteran wealth management executive says that unless Canada’s largest pension plans start investing more domestically, institutions like the Toronto Stock Exchange could one day fall by the wayside. Peter Letko, co-founder and partner at investment manag...