Daily News

Source: Bankofcanada February 16, 2023

Our commitment to 2% inflation

Deputy Governor Paul Beaudry explains why the 2% target remains the centrepiece of the Bank of Canada’s inflation-targeting framework. Watch Deputy Gov...

Source: Financialpost February 16, 2023

Energy outlook in Canada darkens as natural gas prices collapse

Optimism oil producers traded in Toronto can catch up with U.S. peers From Wall Street to Bay Street, analysts are slashing the outlooks for companies in one corner of the global oil patch that was expected to resist a sharp, double-digit earni...

Source: Financialpost February 16, 2023

Canada's Outstanding CEO of the Year: Royal Bank of Canada’s Dave McKay

RBC lifer dedicated to advancing Canadian interests, passionate about innovation and a champion for key issues such as climate change Bank executives aren’t always what they appear to be. The chief executive title conjures up an image of a stuf...

Source: Financialpost February 16, 2023

Terence Corcoran: The left finally wakes to authoritarian nature of COVID lockdowns

Progressive scholars call for the academic left to probe excesses of pandemic response As the third anniversary of Canada’s March 25, 2020, COVID-19 emergency lockdowns and health policies approaches, a growing community of critics is taking sh...

Source: Financialpost February 16, 2023

CIBC's Dodig warns Canada risks 'largest social crisis' if housing supply, immigration don't match

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 Big bank CEO usin...

Source: BNN Bloomberg February 15, 2023

Treasury yields climb on bets for June U.S. Fed hike

The S&P 500 Index closed nearly flat and the two-year Treasury yield added more than 10 basis points after data showed that inflation remained high. Two Federal Reserve officials then warned that the remedy might require higher interest rates for a long perio...

Source: BNN Bloomberg February 15, 2023

​Stocks in homebuilding: Two hot picks from Tyler Batory

One financial expert is forecasting increased activity within the U.S. housing market as he expects home prices to drop.    Speaking with BNN Bloomberg's Amber Kanwar on Tuesday, Tyler Batory, executive director at Oppenheimer & Co, said his expectation is t...

Market Call Source: BNN Bloomberg February 15, 2023

Stan Wong's Top Picks: February 14, 2023

Stan Wong, portfolio manager at Scotia Wealth Management FOCUS: North American Large Caps and ETFs MARKET OUTLOOK: Global equity markets continue to rally in 2023 with the MSCI World Index up over 18 per cent since the October 2022 lows. At The Sta...

Source: Financialpost February 15, 2023

Cyclical bull market has already started, BMO's Belski says

Watch: Brian Belski on the outlook for stock markets amid inflation and recession risks Brian Belski, chief investment strategist at BMO Capital Markets, talks to the Financial Post’s Larysa Harapyn about the path of inflation, the probability...

Source: Financialpost February 15, 2023

Posthaste: One in six Canadians say they are likely to default on a major loan as rate hikes pinch

Surveys and statistics reveal growing stress in Canadian households Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....