Daily News

Source: BNN Bloomberg October 11, 2023

These three biotech stocks are undervalued: Wedbush analyst

Biotech stocks have underperformed the S&P 500 over the past year but one investment expert remains bullish on the space.   Andreas Argyrides, vice president of equity research at Wedbush Securities, told BNN Bloomberg on Tuesday that while a high interest r...

Markets Source: BNN Bloomberg October 11, 2023

Ontario securities regulator exploring artificial intelligence use in capital markets

Ontario's securities regulator says it is evaluating the potential role it can play in overseeing and guiding responsible adoption of artificial intelligence to protect investors and the integrity of capital markets. In a report released Tuesday, the Ontar...

Source: Financialpost October 11, 2023

Here are Tuesday's top 3 performers on the TSX, including a precious metals newbie

For the day, there were 179 gainers versus 46 losers The S&P/TSX composite index is riding the coattails of U.S. investors who are now betting the Federal Reserve won’t raise rates when it meets later this week. We apologiz...

Source: Financialpost October 11, 2023

William Watson: A new Dark Age of industrial policy descends

The Economist is gloomy about the future of liberalism. Ottawa's industrial policy plans should make Canadians gloomy, too The Economist is running an epically and epochally gloomy lead editorial this week: “Are free markets history?” — with a...

Source: Financialpost October 11, 2023

The devil in the actuarial details: The problems with a $334-billion transfer from CPP to Alberta

Doug Chandler, Bonnie-Jeanne MacDonald: Transfer represents 53% of the CPP fund and that seems too big The Alberta government has released a consultant’s report that includes a $334-billion estimate of the asset transfer from the Canada Pension...

Source: Financialpost October 11, 2023

Why Canada should adopt the family as the basic taxing unit instead of the individual

Kim Moody: Doing so would result in a much fairer system and eliminate a lot of the complexity in the Income Tax Act Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission fro...

Source: Financialpost October 11, 2023

Posthaste: Forces are gathering against Canada's housing market

The latest headwind — rising mortgage rates We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Forces are gathering against Canada's h...

Economy Source: Financialpost October 11, 2023

Record number of Canadians sour on state of economy as financial woes spread: poll

Many of the highest income earners say they're hurting More Canadians have soured on the state of the economy as pressure builds from a growing set of financial challenges, according to the latest reading from an ongoing poll tracking household...

Source: Financialpost October 10, 2023

Beyond the 4% rule: Improving your safe retirement withdrawal strategies

The entire premise of holding a basket of assets and drawing from it blindly is a suboptimal approach Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases mad...

Source: Financialpost October 10, 2023

Hoping for a recession to decrease housing prices is like wishing for a flood to water your garden

Building more housing is a better way to improve housing affordability Housing sales data from the Toronto region suggests markets will likely favour buyers given the sudden increase in listings — some are even calling it a buyers’ market....