Daily News

Source: BNN Bloomberg January 17, 2023

TSX recap: Index closes higher on broad-based gains

Canada's main stock index saw a small uptick Monday as broad-based gains helped keep it in the green on a slow trading day.  The S&P/TSX Composite Index was up 30.23 points, or 0.15 per cent, at 20,390.33. U.S. stock markets are closed for the Martin Lu...

Market Call Source: BNN Bloomberg January 17, 2023

Darren Sissons' Top Picks: January 16, 2023

Darren Sissons, vice-president and partner, Campbell, Lee & Ross FOCUS: Global and technology stocks  MARKET OUTLOOK: Investors continue to operate in a tactical market, which requires active management. A well-managed buy-and-hold portfolio method...

Source: Bankofcanada January 17, 2023

Canadian Survey of Consumer Expectations—Fourth Quarter of 2022

Results of the fourth-quarter survey | Vol. 3.4 | January 16, 2023 This survey took place between October 27 and November 17, 2022. Follow-up interview...

Source: Bankofcanada January 17, 2023

Business Outlook Survey—Fourth Quarter of 2022

Results of the fourth-quarter 2022 survey | Vol. 19.4 | January 16, 2023 Results from the fourth-quarter 2022 Business Outlook Survey and the Business...

Source: Financialpost January 17, 2023

Michele Romanow steps down as Clearco CEO as company lays off more staff

Andrew Curtis now CEO of the lender to e-commerce startups Dragons’ Den star and serial entrepreneur Michele Romanow is stepping down as chief executive of Toronto-based Clearco, nearly a year after she took on the position, but will stay on in...

Source: Financialpost January 17, 2023

James Bay lithium mine wins federal approval amid Trudeau's push to make Canada an EV player

Quebec mine must adhere to 271 conditions, including measures to protect the environment The federal government approved the construction of a lithium mine in northern Quebec, moving Brisbane, Australia-based Allkem Ltd.‘s project closer to the...

Source: Financialpost January 17, 2023

CRA files labour complaint against union amid bargaining impasse ahead of tax season

Union's move toward a strike position would affect the tax filing season, CRA says OTTAWA — The Canada Revenue Agency (CRA) has filed an unfair labour practices complaint against the union representing taxation employees, claiming it is not bar...

Source: Financialpost January 17, 2023

Germany Wants to Reuse Data Centers' Heat. No One is Buying it

Germany wants to force its power-hungry data centers to harness excess heat for warming residential homes — an effort which the industry warns is likely to fall flat. (Bloomberg) — Germany wants to force its power-hungry data centers to harness...

Economy Source: Financialpost January 17, 2023

Peter Hall: This is how Canada can fix chronic labour shortages

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 The list of solut...

Source: Bankofcanada January 16, 2023

Bank of Canada announces appointment of non-executive Deputy Governor

The Board of Directors of the Bank of Canada today announced the appointment of Nicolas Vincent as the Bank’s new external, non-executive Deputy Governor for a term...