Daily News

Source: Financialpost May 15, 2024

Howard Levitt: It’s an employee’s world. Employers are just living in it

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 Workday Workday Employee protections are increasi...

Source: Financialpost May 15, 2024

Capital gains tax hike proposal should be delayed, if not scrapped altogether

Kim Moody: So many questions about the changes, Canadians are 'planning in the dark'Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. I...

Source: Financialpost May 15, 2024

Wealthy Canadians sour on state of economy in wake of capital gains tax changes, poll finds

Only 31% of Canadians in the highest-income group think the economy is moving in the right directionOttawa’s changes to the capital gains tax appear to have gotten under the skin of Canada’s wealthiest wage group, an ongoing poll that tracks the financial ou...

Source: Financialpost May 15, 2024

Posthaste: How Canada could have avoided the mortgage payment shock now ripping through the economy

Longer mortgages terms would have lessened the pain, says new report We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: How Canada could have avoided the mortgage pa...

Source: Financialpost May 15, 2024

Bank of Canada risks recession if it waits to cut interest rates: Rosenberg Research

Watch Dylan Smith on why the central bank should start cutting ratesDylan Smith, vice-president and senior economist at Rosenberg Research, talks with Financial Post’s Larysa Harapyn about why the Bank of Canada should start cutting interest rates. He says C...

Source: BNN Bloomberg May 14, 2024

Markets today: U.S. stocks waver as traders map out game plan for CPI

Wall Street kicked off the week on a cautious note, with traders positioning for key inflation data that will help shape the outlook for Federal Reserve policy and global financial markets. Stocks, bonds and the dollar saw small moves just a few days ahead...

Market Call Source: BNN Bloomberg May 14, 2024

Teal Linde's Top Picks: May 13, 2024

Teal Linde, manager, Linde Equity Fund FOCUS: North American Mid and large-cap stocks  MARKET OUTLOOK: Investors continue to face a challenging market. Interest rates remain at their highest level in decades. Hopes for reduced rates are being pushe...

Source: Financialpost May 14, 2024

Don't ignore the threat to the loonie that's lurking across the pond, economist warns

Avery Shenfeld believes the greenback has been bid up to the point where it is overvaluedWhile economists have been warning that divergence in fiscal policy between the Bank of Canada and the United States Federal Reserve could send the Canadian dollar into...

Source: Financialpost May 14, 2024

RBC poised to outperform rivals thanks to HSBC deal, say analysts

Dividend increases among the big banks expected to be muted when earnings come out next week Get the latest from Barbara Shecter straight to your inbox Sign Up Exposure to more fee-based revenue from the acquisition of HSBC’s Canadian franchise is lik...

Source: Financialpost May 14, 2024

Trudeau abandons tax threat on apartment owners, REITs

The Liberals had promised to 'curb excessive profits' of large owners of residential propertiesPrime Minister Justin Trudeau’s government pulled back on a threat to hit some real estate investment trusts in Canada with a new tax regime after opposition from...