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Source: BNN Bloomberg October 17, 2023

TSX recap: Index climbs 0.81% on strength in finance, tech

Strength in base metal, financial and technology stocks helped lead a broad-based rally Monday, with Canada's main stock index rising more than 150 points while U.S. stock markets also climbed higher. Markets began the week on an optimistic note, said Dani...

Source: Bankofcanada October 17, 2023

Canadian Survey of Consumer Expectations—Third Quarter of 2023

Results of the third-quarter survey | Vol. 4.3 | October 16, 2023 This survey took place between August 4 and 16, 2023. Follow-up interviews took place...

Source: Bankofcanada October 17, 2023

Business Outlook Survey—Third Quarter of 2023

Results of the third-quarter 2023 survey | Vol. 20.3 | October 16, 2023 Results from the Business Outlook Survey and the Business Leaders’ Pulse show t...

Source: Financialpost October 17, 2023

OSFI pulls back on some mortgage proposals, all in on others

Top banking regulator pressing ahead with overhaul of key mortgage stress test guidelines after feedback from lenders Get the latest from Barbara Shecter straight to your inbox Sign Up Canada’s top banking regulator is shelving some key proposals aime...

Source: Financialpost October 17, 2023

More homes should be the solution to Canada's housing shortage, but some argue the opposite

Don't be swayed by supply skepticsWorsening housing affordability leads many young adults to postpone forming their households, with many of them staying longer with their parents or in other shared arrangements, which means households are larger than they w...

Source: Financialpost October 17, 2023

BlackBerry basks in AI glow: Here are Monday's top 3 performers on the TSX

Markets managed to find their feet on a dramatic day of diplomacyMarkets managed to find their feet on a dramatic day of diplomacy in which U.S. officials tried to prevent the Hamas-Israel war from expanding into a regional crisis. We apologize, but t...

Source: Financialpost October 17, 2023

Canadians think inflation is higher than it actually is, Bank of Canada survey finds

Consumer expectations are becoming out of step with economic realityThe gap between how Canadians perceive inflation and what is in the official data is “unusually wide,” a quarterly survey by the Bank of Canada has found. We apologize, but this video...

Source: Financialpost October 17, 2023

Homeowners on the brink face tough choice of selling home as mortgage payments climb

Other steps to take before pulling the triggerReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. TORONTO — As more and more homeowners f...

Source: Financialpost October 17, 2023

Posthaste: Cooling housing market could spur Bank of Canada to cut rates sooner, says economist

Surge in new listings suggests homeowners struggling with higher borrowing costs We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Cooling housing market could spur...

Source: Financialpost October 15, 2023

Carmakers Say They Can't Afford UAW Demands, While Paying CEOs $1 Billion

The United Auto Workers’ historic standoff with Detroit’s three carmaking giants is centered on an age-old tension: The union says corporate greed is keeping workers from earning fair wages, while Ford Motor Co., General Motors Co. and Stellantis NV sa...