Daily News

Source: Financialpost June 30, 2023

First home savings account rules can get tricky when partners are involved

But if you do qualify contributing to an FHSA is truly without risk Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. A...

Source: Financialpost June 30, 2023

Homebuilding costs in Canada soar 51% as population surges

'The cost of building a home in Canada … has never been higher' Surging construction costs in Canada are putting new pressure on home prices, worsening a severe affordability crunch, according to the nation’s largest lender. THIS CONTEN...

Source: Financialpost June 30, 2023

Inflation has hidden costs that go beyond higher prices, says Bank of Canada

Consumers need to allocate time, effort and funds to planning, budgeting and shopping High inflation is imposing additional costs on businesses and households, which must allocate more time and energy to navigate changing prices, the deputy gov...

Economy Source: Financialpost June 30, 2023

Ontario’s explosive population growth could come with an economic catch

Surge in non-permanent residents might not last, putting the province’s growth on potentially shaky ground, says Desjardins Ontario’s surging population growth is being driven by an increase in non-permanent residents that might not last, putti...

Market Call Source: BNN Bloomberg June 29, 2023

Stephen Takacsy's Top Picks: June 28, 2023

Stephen Takacsy, president, chief executive officer and chief investment officer, Lester Asset Management FOCUS: Canadian stocks   MARKET OUTLOOK: Equity and fixed-income markets have been volatile so far in 2023 on fears of further rate hikes, rec...

Source: BNN Bloomberg June 29, 2023

TSX recap: Index finishes 0.43% higher amid gains in energy stocks

Canada's main stock index posted modest gains Wednesday as gains in energy and technology, among other sectors, helped outweigh weakness in base metals, while U.S. markets were mixed.  The S&P/TSX Composite Index was up 85.76 points, or 0.43 per cent, at 1...

Source: Financialpost June 29, 2023

Ottawa urged to back U.S., not TC Energy, in $15-billion lawsuit over demise of Keystone XL

Think tank says TC Energy has no legal recourse under North American trade rules, past or present WASHINGTON — A progressive public policy think tank is urging the federal government to side against oil and gas transmission giant TC Energy Corp...

Source: Financialpost June 29, 2023

BMO Capital Markets cuts about 100 jobs as deals dry up

Half the jobs cut are in Canada Bank of Montreal’s capital markets unit is cutting about 100 positions, or 3.5 per cent of the division’s staff, in response to a weak environment for deals. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY...

Source: Financialpost June 29, 2023

People of colour are getting ghosted when searching for a new job

People of colour are almost a quarter more likely to be 'ghosted' than white candidates after a job interview People of colour are almost a quarter more likely to be “ghosted” than white candidates after interviewing for a job in the United Sta...

Source: Financialpost June 29, 2023

Posthaste: The idea of a Bank of Canada digital loonie is making a lot of people nervous

More than half say they'd use a digital Canadian dollar, but most don't seem overly enthusiastic about it, survey says We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other v...