Daily News

Source: Financialpost May 16, 2023

Diane Francis: The premier marketing Canadian energy to the world

New Brunswick's Blaine Higgs making the case for Canadian LNG New Brunswick Premier Blaine Higgs met last week with European officials and business leaders to reinvigorate investor interest in Canadian LNG and hydrogen, after Prime Minister Jus...

Source: Financialpost May 16, 2023

What Stellantis halting the Windsor battery plant means for Canada's EV supply chain

Construction of a Windsor battery plant has been 'paused' in a dispute over government funding. Gabriel Friedman explains what is at stake Get the latest from Gabriel Friedman straight to your inbox Sign Up European automaker Stellant...

Source: Financialpost May 16, 2023

Stellantis halts construction on Windsor, Ont., EV battery plant amid dispute with Ottawa

Global carmaker says federal government has not delivered on funding promises WINDSOR, Ont. — One of the world’s largest automakers has stopped construction on a $5-billion electric vehicle battery plant in Windsor, Ont., saying the federal gov...

Source: Financialpost May 16, 2023

Average Canada home price is up more than $100,000 since January

Monthly gains show demand once again outpacing supply, says CREA The average price of a home sold in Canada jumped 4.3 per cent in April and is now up nearly 17 per cent since January as the country’s real estate market continued to show signs...

Source: Financialpost May 15, 2023

Jack Mintz: Public-sector employment growth is badly distorting labour markets

We need governments to focus more on encouraging private-sector employment and less on coddling their own workers The federal public servant strikes reminded Canadians that public-sector employees have a pretty good deal. On an apples-to apples...

Source: Financialpost May 15, 2023

FOMO is returning to Canada's housing market

Watch: John Pasalis of Realosophy Realty says low supply is sparking bidding wars and rising prices John Pasalis, president of Realosophy Realty, talks with the Financial Post’s Larysa Harapyn about the housing market, and how low supply is spa...

Source: Financialpost May 14, 2023

Here's where gas prices might be headed this summer

Watch: Randy Ollenberger talks about the impact of Alberta wildfires on oil production and what to expect from gas prices Randy Ollenberger, managing director Oil & Gas Equity Research at BMO Capital Markets, speaks with the Financial Post’s La...

Source: BNN Bloomberg May 13, 2023

U.S. stocks, bonds slump as inflation fears mount

U.S. stocks dipped while bond yields climbed after a reading of long-term inflation expectations rose unexpectedly and a fresh warning on the debt-ceiling.  The S&P 500 erased early gains to slide 0.3 per cent while the Nasdaq 100 fell 0.5 per cent after t...

Source: BNN Bloomberg May 13, 2023

TSX today: Index posts small gain

Canada's main stock index eked out a minute gain Friday with technology stocks weighing down the index, while U.S. markets moved lower. The S&P/TSX Composite Index was up 20,419.62, or 0.01 per cent, 2.01. In New York, the Dow Jones Industrial Average w...

Market Call Source: BNN Bloomberg May 13, 2023

Brendan Caldwell's Top Picks: May 12, 2023

Brendan Caldwell, president and CEO, Caldwell Investment Management FOCUS: North American Large Cap Stocks  MARKET OUTLOOK: Building on the momentum from last fall, equities continued to rally into 2023 on the back of an anticipated Fed pivot and rel...