Daily News

Source: Financialpost March 02, 2023

Terence Corcoran: Grocery chains should take on Bank of Canada

Maybe Galen Weston should go after the bank’s leftist views on competition The established media approach to rising food prices and the role of Canada’s grocery chains is to send a reporter out to a local supermarket and ask consumers what they...

Source: Financialpost March 02, 2023

Posthaste: 'The damage is real' — Foreign homebuyer ban causing upheaval in real estate industry

Legislation is blocking real estate developments, CIBC says Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

Source: BNN Bloomberg March 01, 2023

S&P 500 wraps up turbulent month near lows of day

Stocks dropped during the last stretch of Tuesday’s session and bonds pared earlier losses as investors rounded out a brutal month for both assets with low-conviction moves. The S&P 500 suffered a February drop of 2.6 per cent. The Nasdaq 100 also didn’t m...

Source: BNN Bloomberg March 01, 2023

TSX recap: Index finishes 0.19% lower, closing out a volatile month

North American stock markets edged down Tuesday to close what has been a rough February for investors. The S&P/TSX Composite Index closed down 38.94 points, or 0.19 per cent, at 20,221.19. In New York, the Dow Jones Industrial Average was down 232.39 po...

Source: BNN Bloomberg March 01, 2023

Look to food companies to recession-proof your portfolio: Stock picks from Laura Lau

While many economists have warned about the growing risk of a recession this year, one investment expert said Canadians should be looking to add recession-proof names like food companies to their portfolios. In an interview with BNN Bloomberg on Tuesday, L...

Source: BNN Bloomberg March 01, 2023

Cash pays more than 60/40 portfolios for first time since 2001

For the first time in more than two decades, some of the world’s most risk-free securities are delivering bigger payouts than a 60/40 portfolio of stocks and bonds.   The yield on six-month U.S. Treasury bills rose as high as 5.14 per cent Tuesday, the mos...

Market Call Source: BNN Bloomberg March 01, 2023

Gavin Graham's Top Picks: February 28, 2023

Gavin Graham, chief investment officer, SmartBe Investments FOCUS: North American and global large caps  MARKET OUTLOOK: The North American central banks have made it plain they are willing to continue raising interest rates if inflation remains ab...

Source: Financialpost March 01, 2023

Canada's economy stalls, signalling hiring spree might not be enough to ward off recession

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Kevin Carmichael:...

Source: Financialpost March 01, 2023

These are the 15 most and least affordable cities in Canada in the first year of homeownership

Still some urban areas that won't break the bank, report says The price of a home in a large Canadian city can be prohibitive for many first-time homebuyers, but a recent report by real estate listing website Point2 found that there are still s...

Source: Financialpost March 01, 2023

Scotiabank CEO vows to improve shareholder returns after earnings miss

Bottom line hit by more money set aside for potentially bad loans and higher expenses The Bank of Nova Scotia will focus on areas of profitable and sustainable growth in a bid to improve returns to shareholders going forward, new chief executiv...