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Source: Financialpost February 07, 2024

Posthaste: Sorry Canada, this kind of inflation is sticking around — and it's huge

It's going to take a 'short and shallow recession' to get back on track, says economist We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Sorry Canada, this kind of...

Source: Financialpost February 07, 2024

Top headlines: Freeland announces $199 million support for low-income renters, homeless

The latest business news as it happensToday’s 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: Freeland announces $199 million support for low-incom...

Source: BNN Bloomberg February 06, 2024

'Own Canada,' says BofA analyst pointing to record dividend gap

Canadian stocks are attractive, given the dividend growth that the benchmark S&P/TSX Composite Index offers and the prospect of waning disinflationary pressure, says Bank of America Corp.’s Ohsung Kwon. “Own dividends, own inflation, own Canada,” the strat...

Source: BNN Bloomberg February 06, 2024

Analyst picks three freight stocks

A transportation analyst sees signs of a recovery in the freight market after years of logistical and supply chain challenges in the industry. Christian Wetherbee, senior research analyst and head of global transportation research at Citi, told BNN Bloombe...

Source: BNN Bloomberg February 06, 2024

Markets today: U.S. bonds fall after 'one-two punch' of ISM, Fedspeak

Wall Street traders sent bonds and stocks down, with strong economic data reinforcing the view that the Federal Reserve isn’t ready to call victory over inflation just yet. Treasuries came under renewed pressure on speculation that optimism regarding disin...

Source: BNN Bloomberg February 06, 2024

TSX recap: Index falls more 1% on broad decline

Canada's main stock index fell more than 200 points Monday in a broad-based decline, while U.S. stock markets also moved lower. The S&P/TSX Composite Index was down 213.20 points, or 1.01 per cent, at 20,871.89. In New York, the Dow Jones Industrial Ave...

Source: Bankofcanada February 06, 2024

Monetary policy: It’s perfectly imperfect

Governor Tiff Macklem speaks about the effectiveness—and limitations—of monetary policy. He highlights how raising and lowering the policy interest rate ultimately k...

Source: Financialpost February 06, 2024

Pension funds sell 2 Vancouver office towers in $300-million deal

CPPIB, Oxford Properties had initially aimed to get around $350 million for the propertiesA pair of Canadian pension funds struck a deal to sell two downtown Vancouver office buildings with tenants including Amazon.com Inc. for about $300 million. We...

Source: Financialpost February 06, 2024

Retirement math you need to know, from how long you'll live to deferring CPP

Jason Heath: Go beyond how much you need to save with this surprising mathReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. It is impor...

Source: Financialpost February 06, 2024

Bank of Canada measures suggest it's more hawkish than market thinks: Scotiabank

'Implicit signal they are nowhere close to easing — if not inclined to tighten further'The Bank of Canada’s decision to bring back a cash-management tool that it hasn’t used in years suggests policymakers don’t want to start loosening monetary policy soon, B...