Daily News

Source: Financialpost January 17, 2024

Inflation picks up speed ahead of Bank of Canada interest rate decision

December data still running hotter than central bank targetsCanada’s annualized rate of inflation jumped to 3.4 per cent in December, a reacceleration that was widely anticipated by economists but that will likely leave the Bank of Canada in no rush to cut i...

Source: Financialpost January 17, 2024

Another Bank of Canada interest rate hike within realm of possibility, outlook event hears

Pundits weigh in on interest rates, recession, mortgages and moreThe slowing economy, interest rate uncertainty and geopolitical tumult were all high on the agenda at the 47th annual outlook luncheon hosted by The National Post, Financial Post and the Canadi...

Source: Financialpost January 17, 2024

Posthaste: Canada caught in population trap for first time in modern history, economists warn

Population is growing faster than the economy can handle, says National We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada caught in population trap for first...

Source: BNN Bloomberg January 16, 2024

Markets today: Stocks slip as officials push back on easing bets

European stocks and bonds retreated after European Central Bank officials poured cold water on expectations for rapid rate cuts even as data from Germany underscored the challenging backdrop for economic growth and corporate profits. The Stoxx Europe 600 i...

Market Call Source: BNN Bloomberg January 16, 2024

Jordan Zinberg's Top Picks: January 15, 2024

Jordan Zinberg, president and CEO of Bedford Park Capital FOCUS: Canadian small and mid-cap stocks MARKET OUTLOOK: Despite several shifts in expectations regarding interest rates, persistent volatility and geopolitical tensions, equity markets clim...

Source: BNN Bloomberg January 16, 2024

What Canadian investors need to know about bitcoin ETFs

Bitcoin made headlines this week after U.S. regulatory changes made investing in the cryptocurrency more accessible – and experts say investors should be knowledgeable about the industry and understand the risks before diving in to cryptocurrency and related...

Source: BNN Bloomberg January 16, 2024

TSX recap: Index climbs 0.34% on telecoms, energy

Gains in telecommunication and energy stocks helped Canada's main stock index creep higher to start the week.  The S&P/TSX Composite Index closed up 71.66 points, 0.34 per cent, at 21,061.88, while U.S. stock markets were closed for Martin Luther King Jr....

Source: Bankofcanada January 16, 2024

Canadian Survey of Consumer Expectations—Fourth Quarter of 2023

Results of the fourth-quarter survey | Vol. 4.4 | January 15, 2024 This survey took place between November 1 and 17, 2023.1 Follow-up interviews took p...

Source: Bankofcanada January 16, 2024

Business Outlook Survey—Fourth Quarter of 2023

Results of the fourth-quarter 2023 survey | Vol. 20.4 | January 15, 2024 Results from the Business Outlook Survey and the Business Leaders’ Pulse show...

Source: Financialpost January 16, 2024

High interest rates, inflation slow business growth, Bank of Canada survey finds

Businesses having difficulty accessing credit is 'notably' higher than before the pandemic Get the latest from Barbara Shecter straight to your inbox Sign Up Despite increasing expectations that interest rates have peaked, many Canadian businesses exp...