Daily News

Economy Source: Financialpost December 21, 2023

Record population growth risks aggravating Canada's housing headaches, say economists

Country added more than a million people in first 9 months of this year, highest number since 1867 Get the latest from Naimul Karim straight to your inbox Sign Up Canada’s record population growth in the third quarter brings its housing crisis into th...

Source: BNN Bloomberg December 20, 2023

High-flying U.S. stocks ignore Fed's messages on rates

Wall Street extended its rally Tuesday, shrugging off warnings from policymakers trying to rein in expectations for Federal Reserve rate cuts.   The Nasdaq 100 set another all-time high while the S&P 500 added 0.6 per cent, fast approaching the benchmark’s...

Source: BNN Bloomberg December 20, 2023

​Expert picks internet stocks best positioned for market share gains

Internet stocks that change consumer behaviour are best positioned to gain future market share, according to an expert in the sector.    Ygal Arounian, director of Citi Research’s U.S. internet team, told BNN Bloomberg that he expects internet software such...

Source: BNN Bloomberg December 20, 2023

TSX recap: Index finishes more than 1% higher amid gains in financial stocks

Canada's main stock index rose by more than 200 points on Tuesday as gains in base metal and financial stocks helped lead a broad-based rally, while U.S. stock markets also climbed. The S&P/TSX Composite Index was up 216.92 points, or 1.05 per cent, at 20,...

Market Call Source: BNN Bloomberg December 20, 2023

David Driscoll's Top Picks: December 19, 2023

David Driscoll, president and CEO, Liberty International Investment Management FOCUS: Global stocks  MARKET OUTLOOK: If the U.S. Federal Reserve lowers interest rates in 2024, the winners should be small-cap, emerging market and value stocks. On th...

Source: BNN Bloomberg December 20, 2023

Gildan shareholder Jarislowsky Fraser Ltd. renews call for CEO's reinstatement

Gildan Activewear Inc.'s largest shareholder is renewing its recent call to reinstate the company's former chief executive. Jarislowsky Fraser Ltd.'s head of research and Canadian equities portfolio manager says the shareholder stands "firmly" against the...

Source: Bankofcanada December 20, 2023

Summary of Governing Council deliberations: Fixed announcement date of December 6, 2023

This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on December 6, 2023. This summary reflects...

Source: Financialpost December 20, 2023

Posthaste: Are we at bottom yet? Five key questions for Canada's housing market

What it will take to put a floor under prices We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Are we at bottom yet? Five key questions for Canada's housing market...

Source: Financialpost December 20, 2023

Top headlines: Loblaw's Galen Weston accused of inaccurate claim over grocery code

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: Loblaw's Galen Weston accused of inaccurate claim ove...

Source: Financialpost December 20, 2023

Apple to halt U.S. sales of smartwatches after patent loss

Best-selling devices off market during busy holiday seasonApple Inc. will stop selling the latest versions of its smartwatch in the U.S. due to a patent dispute, taking some of its best-selling devices off the market during the busy holiday season. We...