Daily News

Source: BNN Bloomberg February 28, 2023

TSX recap: Markets finish higher amid gains in energy stocks

North American markets moved higher Monday as investor sentiment rallied in the aftermath of what was the worst week for stocks so far this year. The S&P/TSX Composite Index was up 40.94 points, or 0.2 per cent, at 20,260.13. In New York, the Dow Jones...

Source: BNN Bloomberg February 28, 2023

U.S. stocks notch moderate gains to start the week

U.S. stocks ended Monday with modest gains after fluctuating for the final stretch of the trading session as investors attempted to come to terms with Federal Reserve policy that could remain restrictive for longer than previously expected. The S&P 500 and...

Market Call Source: BNN Bloomberg February 28, 2023

David Burrows' Top Picks: February 27, 2023

David Burrows, president and chief investment strategist, Barometer Capital Management FOCUS: North American large caps  MARKET OUTLOOK: The thesis that the Barometer Investment team continues to work with is that low interest rates and the reversa...

Source: Financialpost February 28, 2023

More Canadians optimistic housing prices will rebound as consumer confidence jumps

Recession fears are also abating Consumer confidence rose to the highest level since the end of September as more Canadians see real estate values rebounding after the central bank conditionally halted its interest-rate hikes. REGISTER T...

Source: Financialpost February 28, 2023

TD Bank to pay $1.2 billion to settle lawsuit tied to Allen Stanford Ponzi scheme 

Stanford's victims alleged Canadian bank should have done more to stop the fraud Toronto-Dominion Bank has agreed to pay out US$1.205 billion to settle claims it was facing in connection to the Allen Stanford Ponzi scheme case. REGISTER...

Source: Financialpost February 28, 2023

Posthaste: Canada among countries most at risk of housing crash spiralling into a bigger crisis, say these economists

'Canada's housing market, after years of overheating, is already in crash territory' Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links o...

Economy Source: Financialpost February 28, 2023

Kevin Carmichael: How Canada's grocery oligopoly dulled competition — and fuelled inflation

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 HSBC HSBC Grocers could hav...

Source: Financialpost February 27, 2023

The TSX Venture 50's top performers all have this key theme in common

Watch: TSX chief executive Loui Anastasopoulus on this year's Venture 50 ranking Companies with a focus on the green transition have made a strong showing on this year’s Venture 50 list, an annual ranking of the top performing companies on the...

Source: Financialpost February 27, 2023

If Canada doesn’t want to be dead last for GDP growth, IP is key to changing the course

Too often our domestically created intellectual property ends up in the hand of foreign companies The global tech industry has had a rough few months. Venture capital funding is down globally by 42 per cent according to research from Prequin an...

Source: BNN Bloomberg February 25, 2023

U.S. stock traders hit sell button in 2023’s worst week

Wall Street’s reaction to hotter-than-estimated inflation data suggested growing bets the Federal Reserve has a long ways to go in its aggressive tightening crusade, making the odds of a soft landing look slimmer. After a lengthy period of subdued equity s...