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Canada's main stock index edged downward Wednesday as the price of oil receded off a strong morning, while U.S. markets slid by a wider margin.  The S&P/TSX Composite Index was down 81.23 points, 0.4 per cent, at 20,376.23. In New York, the Dow Jones In...

Christine Poole, chief executive officer and managing director, GlobeInvest Capital Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: Restrictive monetary policy is slowing economic growth. Due to the lagged effect of monetary poli...

A major shareholder of Ritchie Bros. Auctioneers Inc. filed with the U.S. Securities and Exchange Commission (SEC) Wednesday in opposition to its proposed takeover of IAA Inc., an auto parts auction company.  The preliminary proxy statement was filed by Lu...

Volatility in equity markets in 2023 and recessionary uncertainty will push investors to gold, according to the chief executive officer of McAlvany Financial Companies.   Speaking with BNN Bloomberg's Amber Kanwar on Wednesday morning, David McAlvany explain...

A Brookfield Asset Management Inc. property fund for affluent investors posted its second consecutive monthly decline in December as rising interest rates weigh on the industry.  Brookfield Real Estate Income Trust dropped 1.6 per cent in December, followi...

Welcome to Canada’s new industrial policy — handing out money faster than ever As the former auditor general for Newfoundland and Labrador, Sen. Elizabeth Marshall has an eye for financial detail. More importantly, she can spot its absence....

World Economic Forum rides a Davosian avalanche of risk Another World Economic Forum (WEF) event is in full swing high in Swiss ski country at Davos. Or is it in full downhill decline? It all depends on which version of this year’s annual meeti...

Ted Rechtshaffen: These ideas could help the wealthy pay 5 times instead of 7 times what the average person pays on taxes Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commissio...

Is there a Zellers store coming to a location near you? Find out here Hudson’s Bay Co. (HBC) is bringing discount brand Zellers back to life with 25 locations inside its The Bay department stores early this year. We apo...

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 Watch: Here's wha...