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Source: Financialpost March 06, 2024

Personal tax credits sound great, but they have a cost that quickly adds up

Kim Moody: Small-dollar personal credits are obvious examples of politics entering the taxation systemReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through lin...

Source: Financialpost March 06, 2024

The real story behind Canada's lagging stock market

Rosenberg Research: Go overweight in these sectors for better returnsBy Bhawana Chhabra We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. The real story behind Canada's laggi...

Source: Financialpost March 06, 2024

Posthaste: Mortgage delinquency rates in Ontario and B.C. soar as higher payments bite

Sharp increase in mortgage borrowers filing for bankruptcy called 'worrying trend' We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Mortgage delinquency rates in O...

Source: Financialpost March 06, 2024

Bank of Canada rate cut risks igniting housing market

Watch CIBC's Benjamin Tal on the timeline for a Bank of Canada interest rate cutBenjamin Tal, deputy chief economist at CIBC Capital Markets, talks about the timeline for a Bank of Canada interest rate cut, the state of the labour market and the risk to the...

Banking Source: Financialpost March 06, 2024

Canada not alone in underperforming the United States, RBC's Dave McKay says

Higher interest rates are dragging down consumers in Canada, U.K. and AustraliaThe United States economy is powering ahead while the economies of Canada, the United Kingdom and Australia are slowing from softer consumer demand caused by higher interest rates...

Source: BNN Bloomberg March 05, 2024

Markets today: Wall Street holds back on big bets before key data

The relentless rally in stocks took a breather on Monday, with traders awaiting this week’s batch of jobs data and remarks from Federal Reserve officials for clues on the interest-rate outlook. Equities fluctuated after the S&P 500 saw its 15th record this...

Market Call Source: BNN Bloomberg March 05, 2024

Dennis da Silva's Top Picks: March 4, 2024

Dennis da Silva, Managing Director and Senior Portfolio Manager, Middlefield Capital Corporation FOCUS: Natural resource stocks MARKET OUTLOOK: Gold’s consolidation of more than US$2,000 per ounce continues as bullion has consistently remained abov...

Source: BNN Bloomberg March 05, 2024

Canadian investor sentiment like 'Eyeore from Winnie the Pooh,' says strategist

With the Canadian market still uncertain about future interest rate cuts, one market expert says Canadian investors are “a great contrarian indicator.” Brian Belski, chief investment strategist at BMO Capital Markets, said in an interview with BNN Bloomber...

Source: BNN Bloomberg March 05, 2024

Market strategist says equity markets are 'in the middle phase of this bull market'

As equities have reached all-time highs this year, one market strategist says stock markets are in the midst of a bull market.  Matt Orton, chief market strategist at Raymond James Investment Management, said in an interview with BNN Bloomberg on Monday th...

Source: BNN Bloomberg March 05, 2024

AI growth could drive productivity gains 'for the rest of this decade': CIO

One chief investment officer says AI is poised to deliver gains in productivity for the rest of the decade.  Jason Draho, head of asset allocation and CIO Americas at UBS Financial Services, said in an interview with BNN Bloomberg on Monday that a few year...