Daily News

Source: BNN Bloomberg September 30, 2023

The Week Ahead: Bank of Canada to speak on economic situation

Note: In the event of a U.S. government shutdown starting Oct. 1, U.S. government-sourced data releases may be postponed. The U.S. Federal Reserve is unaffected. Monday, Oct. 2 Notable data: S&P Global Manufacturing PMI, ISM Mfg. PMI, U.S. constructi...

Source: Financialpost September 30, 2023

Posthaste: Canadians willing to sacrifice financial security for homeownership

High mortgage rates and rising inflation aren't discouraging Canadians from buying homes We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Post...

Source: Financialpost September 30, 2023

Top headlines: Sunwing Airlines to fold into WestJet within a year

The latest business news as it happens Today’s top headlines We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Top headlines: Sunwing Airlines t...

Source: Financialpost September 30, 2023

William Watson: We need a little perspective on Nazi-gate

If there's a lesson here, it's that we need to spend more time on history The search for adult life in Ottawa continues. One reaction to the embarrassing parliamentary standing ovation for an old man who may not actually have been a Nazi but wh...

Source: Financialpost September 30, 2023

Canada to get recession 'earlier and harder' than U.S., David Rosenberg says

Watch: Economist discusses 'September effect' and what's going to give hope to the market David Rosenberg, president and chief economist and strategist of Rosenberg Research & Associates Inc., talks with Financial Post’s Larysa Harapyn about ho...

Economy Source: Financialpost September 30, 2023

Canada's economic growth misses forecasts, backing interest rate pause

Economy still in a soft patch as interest-rate increases weigh on indebted households, restrain spending The Canadian economy rebounded slightly last month but still saw little growth, backing a case for the central bank to keep rates on hold d...

Economy Source: Financialpost September 30, 2023

'Struggling to grow': What economists are saying about Canada's GDP

Weak readings could keep the Bank of Canada interest rate on hold Canada’s gross domestic product was flat for July, matching Statistics Canada’s early estimate but falling short of analysts’ expectations of 0.1 per cent growth....

Source: BNN Bloomberg September 29, 2023

Tech stocks rebound, U.S. Treasury yields turn lower

U.S. stocks rebounded after nearing oversold territory this week, U.S. Treasury yields fell while Federal Reserve Chair Jerome Powell sidestepped investor concerns over the outlook for interest rates at an event.  Tech behemoths, including Nvidia Corp. and...

Source: BNN Bloomberg September 29, 2023

TSX recap: Index recoups some of earlier losses with 0.80% gain

Canada's main stock index regained some of its recent losses as it rose more than 100 points in Thursday trading, while U.S. stock markets also moved higher. The S&P/TSX Composite Index was up 154.76 points, or 0.80 per cent, at 19,590.74. In New York,...

Source: Financialpost September 29, 2023

New Alternative Minimum Tax rules might mean donating more to charity this year

Jamie Golombek: AMT could be an issue for higher-income taxpayers if a charitable gift is made in 2024, as opposed to 2023 Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commissi...