Daily News

Market Call Source: BNN Bloomberg November 21, 2023

Paul Harris's Top Picks: November 20, 2023

Paul Harris, portfolio manager, Harris Douglas Asset Management FOCUS: North American and global large-caps  MARKET OUTLOOK: The risk is that COVID-19 caused a dislocation in the global economy and extended the monetary lag. If we are going to have...

Source: BNN Bloomberg November 21, 2023

Three stocks show opportunities for growth: portfolio manager

Investors looking to buy a piece of established companies positioned for growth should look for those poised to benefit from economic tailwinds, one portfolio manager advises.    Keith Buchanan, senior portfolio manager at Globalt Investments, told BNN Bloom...

Source: BNN Bloomberg November 21, 2023

Markets today: Tech giants roar as Nasdaq 100 hits 22-month high

The stock market extended its powerful November rally ahead of Nvidia Corp.’s results, with Wall Street breathing a sigh of relief after a US$16 billion sale of 20-year Treasuries lured bond buyers. Shortly after the auction results, benchmark 10-year yiel...

Source: BNN Bloomberg November 21, 2023

TSX recap: Index finishes 0.35% higher amid gains in base metals, technology stocks

Strength in base metals and technology helped Canada's main stock index rise on Monday, while U.S. stocks also rose as November's gains continue.  The S&P/TSX composite index closed up 70.70 points at 20,246.47. In New York, the Dow Jones industrial ave...

Source: Financialpost November 21, 2023

Posthaste: Interest rates would be 200 bps lower if governments spent less, says Scotiabank

Bank of Canada would only have had to raise rate to 3% if government spending hadn't stoked inflation, say economists We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthas...

Source: Financialpost November 21, 2023

He’s accused of running a $300M Ponzi scheme. Now he’s vanished. Who — and where — is Greg Martel?

The B.C. mortgage broker denies it was a Ponzi scheme. Investors claim they are owed $312 million. A bankrupt Martel is now wanted on an arrest warrant and was last seen in Thailand. We apologize, but this video has failed to load. Try refreshing your...

Source: Financialpost November 21, 2023

Top headlines: Airbnb to face new curbs in Canada with rental tax rule change

The latest business news as it happensTop 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: Airbnb to face new curbs in Canada with rental tax rule c...

Economy Source: Financialpost November 21, 2023

Trudeau's spending plans getting squeezed by soaring debt payments

Interest charges on federal debt were $28.2 billion in the first 8 months of this year, up 35% from the same period in 2022With his government deeply unpopular and an election due in the next two years, Prime Minister Justin Trudeau may be tempted to spend m...

Source: Financialpost November 20, 2023

A strategy to boost your retirement that very few Canadians are using

Financial planner Jason Heath offers some ideas on how to achieve the best retirementReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

Source: BNN Bloomberg November 18, 2023

Fairfax offers to take agritech firm Farmers Edge private at 99% below IPO price

Canadian financial group Fairfax Financial Holdings Ltd. offered to buy out minority shareholders of agriculture technology firm Farmers Edge Inc. at a price that would crystallize near-total losses for any longer-term holders of the stock.  Fairfax’s take...