Daily News

Technology Source: BNN Bloomberg February 27, 2024

Berkshire inches toward US$1 trillion valuation after results

(Bloomberg) -- Berkshire Hathaway Inc. retreated on Monday after touching a record high that pushed the market value of Warren Buffett’s conglomerate even closer to $1 trillion.  The Omaha, Nebraska-based firm posted higher operating earnings, which briefly b...

Source: Financialpost February 27, 2024

Canadian gold miner agrees to sell itself to Chinese company in possible test of Ottawa policy

Yintai Gold to buy Osino Resources for $368 million Get the latest from Naimul Karim straight to your inbox Sign Up Ottawa’s policy of preventing Chinese companies from investing in Canadian-listed firms may be put to the test after Vancouver-based Os...

Source: Financialpost February 27, 2024

Suncor reverses workplace injury trend, reports 2023 was company's safest year ever

CALGARY — Oilsands giant Suncor Energy Inc., which has been heavily criticized in recent years for an abnormally high number of workplace deaths at its sites, reported that 2023 was its best year ever in terms of worker safety. We apologize, but this...

Source: Financialpost February 27, 2024

Posthaste: How analysts say Canada could wipe out the CO2 emissions of its entire economy

Supplying India with LNG would have a 'more profound impact on the planet than shutting down the Canadian economy entirely' We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. P...

Source: Financialpost February 27, 2024

The Trans Mountain pipeline expansion: Who wins, who loses and how did we get here?

More than a decade in the making, the $30-billion project could be a game-changer for Canadian oil Get the latest from Naimul Karim straight to your inbox Sign Up The Trans Mountain pipeline expansion project may still be months away from completion,...

Source: Financialpost February 27, 2024

Uncertainty over Bank of Canada interest rate cut dragging on Big Six, say analysts

Expectations are low for Canada's big banks as earnings season starts TuesdayUncertainty over how long interest rates will remain elevated is posing a risk to growth and credit quality at Canada’s big banks, according to analysts who will be keeping an eye o...

Source: Financialpost February 26, 2024

Warren Buffett's best insights in this year's letter to shareholders

A tribute to Charlie Munger and warning about the current state of the stock marketWhen legendary investor Warren Buffett releases his annual letter to his 3 million shareholders, the financial world pays attention. We apologize, but this video has fa...

Source: Financialpost February 25, 2024

Canadian economy is already in recession by this measure

Watch Desjardins economist Jimmy Jean on the state of economy and timing of rate cutsJimmy Jean, chief economist at Desjardins, talks with Financial Post’s Larysa Harapyn about the economy’s performance and when the Bank of Canada will feel comfortable start...

Source: Financialpost February 25, 2024

The power of individual pension plans compared to RRSPs

An IPP offers a robust alternative for entrepreneurs and incorporated business ownersReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

Source: Financialpost February 25, 2024

Bank of Canada to cut interest rates in half by end of next year: Desjardins

First cut could come in April if inflation and economy slows furtherCanadians can expect the Bank of Canada to start providing some respite this spring as the central bank “slowly but surely” moves towards its first interest rate cuts, says Desjardins Group....