Daily News

Source: BNN Bloomberg January 31, 2024

TSX recap: Index inches 0.13% higher on energy stocks

Canada's main stock index closed modestly up Tuesday thanks in part to a rise in energy stocks, while U.S. stock markets were mixed. The S&P/TSX Composite Index ended up 27.81 points, or 0.13 per cent, at 21,227.87. In New York, the Dow Jones Industrial...

Source: Financialpost January 31, 2024

Housing prices rose the most in these 5 spots in Canada in 2023

Mauricie, Que., had the biggest increase at 17.3%In a housing market dominated by high interest rates and slowing sales, home prices remained stubbornly elevated across the majority of Canada as the curtain fell on 2023. The most recent data released by the...

Source: Financialpost January 31, 2024

Joe Oliver: Liberals underestimate Pierre Poilievre at their peril

If they really want to beat him, they must try to understand why he appeals to so many votersIn a much-remarked-on recent column — “The case for Trump — by someone who wants him to lose” — Bret Stephens of The New York Times gave U.S. Democrats a wake-up cal...

Source: Financialpost January 31, 2024

Working from home has a dark side, research suggests

Some people risk feeling more lonely, anxious and restless while working remotely, but there are ways to fight backProponents of working from home like to tout benefits such as increased productivity and better work-life balance, but research suggests remote...

Source: Financialpost January 31, 2024

It's time for the CRA to implement an automatic tax-filing system

Kim Moody: People with straight-forward income shouldn't have to pay much, if anything, to annually prepare tax returnsReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases...

Source: BNN Bloomberg January 30, 2024

Markets today: S&P 500 tops 4,900 as yields fall on Treasury news

Wall Street’s busy week kicked off with gains in both stocks and bonds, with the Treasury surprising several traders after cutting its quarterly borrowing estimate to US$760 billion. The news came a few days before the Treasury’s quarterly refunding announ...

Source: BNN Bloomberg January 30, 2024

Three Canadian industrial stocks to consider: ATB analyst

An analyst is highlighting buying opportunities in Canada’s industrial sector. Chris Murray, managing director of institutional research at ATB Capital Markets, told BNN Bloomberg that the sector is being supported by a wide breadth of demand, from governm...

Market Call Source: BNN Bloomberg January 30, 2024

David Burrows' Top Picks: January 29, 2024

David Burrows, president and chief investment strategist of Barometer Capital Management FOCUS: North American large caps MARKET OUTLOOK: After digesting the November-December overbought condition, the Nasdaq and the SPX have now made six new all-t...

Source: BNN Bloomberg January 30, 2024

Hedge fund Anson gains 18% as activist stock wins outpace crypto losses

Anson Funds Management returned 18.2 per cent in its main strategy last year, boosted by gains on investments in which the Canadian hedge fund manager took an activist role.  It marked the sixth straight year of positive returns for the Anson Investments M...

Source: BNN Bloomberg January 30, 2024

TSX recap: Index edges higher on tech strength

Canada's main stock index rose Monday as technology stocks helped lead broad-based gains despite weakness in energy, while U.S. markets also rose.  Markets picked up steam in the afternoon as Treasury yields fell. The S&P/TSX Composite Index closed up 7...