Daily News

Source: Financialpost December 29, 2022

David Rosenberg: The great reopening of China may not be as great as you think

Pinning hopes on a resurgence in Chinese demand — to offset economic weakness elsewhere — is misplaced After a disastrous 2022, China should experience a pick-up in growth next year as COVID-19 controls are eased, but the related benefits may n...

Source: Financialpost December 29, 2022

'I refuse to apologize for our success': Behind Michael Medline's fierce defence of profitable grocers

Grocers aren't ripping you off, Medline says, as industry faces government probe into whether profits are driving inflation Michael Medline was adamant: The big grocers didn’t rip you off this year. We apologize, but th...

Source: Financialpost December 28, 2022

U.S. charges accused Mango crypto manipulator with fraud

NEW YORK — U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal about $110 million in October by rigging the Mango Markets cryptocurrency exchange. We apol...

Source: Financialpost December 28, 2022

William Watson: Poilievre and Anglo-Saxon words

How refreshing it is for a politician to be interested in words and able to discuss rather than simply fling them One of the more bizarre news stories of 2022 concerned Conservative leadership candidate (as he then was) Pierre Poilievre’s prefe...

Source: Financialpost December 28, 2022

Why the head of Canada biggest union sees shorter labour contracts in the future

Mark Hancock predicts year of 'difficult' bargaining ahead as prices rise faster than wages The national head of Canada’s largest union thinks shorter collective agreements will be one of the tools organized labour turns to in the coming year t...

Source: Financialpost December 27, 2022

Quitting isn't always a bad idea when it comes to investing

Quitting should be a part of your risk-management process for 2023 Who would have thought that knowing when to quit something is as important as knowing when to start? Professional poker player Annie Duke seems to know. Her recent book,...

Source: Financialpost December 26, 2022

Return of government employees to the office might signal death of full-time remote work

Victoria Wells: Full work-from-home arrangements are giving way to more in-office days After almost three years of working from the comfort of their homes, federal government workers have finally received the mandate most in the private sector...

Source: Financialpost December 26, 2022

Ban on foreign homebuying will carry $10,000 penalty for violations

'Homes should not be commodities' A two-year ban on homebuying by non-Canadians that is set to take effect on Jan. 1 will exempt temporary work-permit holders and international students, subject to some conditions, and will come with the potent...

Source: Financialpost December 26, 2022

Stephen Poloz: Coming recession seen as 'easy ride' compared to past downturns

Watch: Loonie likely to gain ground in 2023 Stephen Poloz, special advisor to Osler and former Bank of Canada governor, talks with Financial Post’s Larysa Harapyn about how a coming recession is seen as an ‘easy ride’ compared to past downturns...

Source: BNN Bloomberg December 24, 2022

U.S. stocks notch gains as traders cheer inflation data

U.S. stocks ended Friday’s session with gains as investors digested data showing inflation is continuing to ease and the Federal Reserve’s rate hikes are serving their purpose.  Sign up to get breaking news email alerts sent directly to your inbox...