Daily News

Source: Financialpost January 05, 2024

Taxpayers' strange excuses don't sway courts after CRA denies CERB, CRB eligibility

Jamie Golombek: Taxpayers were unwilling to provide necessary proof of income to claim benefits in two recent casesReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases mad...

Source: BNN Bloomberg January 04, 2024

Markets today: Tech stocks log four-day losing streak, bonds rise

U.S. stocks extended a slump while bonds edged higher in the aftermath of the minutes of the Federal Reserve’s last meeting. The Nasdaq 100 fell 1.1 per cent, extending a losing streak for a fourth day — the longest in over two months — as investors contin...

Source: BNN Bloomberg January 04, 2024

Evercore sees private equity deals bouncing back as funds seek cash for partners

Private equity firms will face additional pressure to sell assets and return capital to investors after two years of sluggish dealmaking, according to a senior executive at Evercore Inc. The global value of mergers and acquisitions and related transactions...

Source: BNN Bloomberg January 04, 2024

TSX recap: Index finishes 0.26% lower

Canada's main stock index lost more than 50 points Wednesday despite strength in energy stocks, while U.S. stock markets also fell. The S&P/TSX Composite Index closed down 53.56 points, or 0.26 per cent, at 20,818.58. In New York, the Dow Jones Industri...

Real Estate Source: BNN Bloomberg January 04, 2024

'Darkest before dawn': Another tough year for office REITs but opportunities may lurk

It’s poised to be another challenging year for office real estate investment trusts, but some money managers say there could be decent entry points in the sector for long-term investors. “We are in a 'darkest before dawn' scenario heading into 2024 for off...

Market Call Source: BNN Bloomberg January 04, 2024

Barry Schwartz's Top Picks: January 3, 2024

Barry Schwartz, chief investment officer and portfolio manager, Baskin Wealth Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: As it turns out, 2023 was a terrific year for stock market investors, and a very good one for investors...

Source: Financialpost January 04, 2024

Top headlines: Apple leads $370-billion tech rout as stock rally fizzles

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: Apple leads $370-billion tech rout as stock rally fiz...

Source: Financialpost January 04, 2024

Opinion: University presidents have been hoist by their own hypocrisy

They should not pontificate on political and social issues, but having done so in the past, can't complain about backlash nowBy Walter E. Block We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other video...

Source: Financialpost January 04, 2024

Canada's high tax rates are driving talented workers to leave the country

Kim Moody: Canada needs a personal tax system that competes on a rate basis with that of the U.S.Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on...

Source: BNN Bloomberg January 03, 2024

What is the bond market and how does it affect Canadians?

Activity in global bond markets grabbed headlines in 2023 and piqued interest in fixed-income markets that are often overlooked by equity investors. While many Canadians may not be tuned into bond market ups and downs, the health of the Canadian bond marke...