Daily News

Source: Financialpost January 20, 2023

Opinion: Trudeau denies natural gas to another ally in favour of fictive agenda

Trudeau’s natural gas snubbing of Japan and Germany is really bad policy for Canadians By Kenneth Green We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from o...

Source: Financialpost January 20, 2023

Wait, what? Wyoming lawmakers push to ban all electric vehicles by 2035

Bill response to laws other states are implementing to eliminate gas-powered vehicles While Canada moves to get gas-powered vehicles off the road, lawmakers in Wyoming have gone in the opposite direction and are calling for a ban on electric ve...

Economy Source: Financialpost January 20, 2023

Why your grocery bills remain high even as inflation slows

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC FP Explains: Why...

Source: BNN Bloomberg January 19, 2023

U.S. stock mood turns ugly as slowdown fears surface

U.S. stocks ended the day just off session lows after weak economic data rekindled concern over the outlook for growth and corporate earnings. Treasuries rallied, while the dollar rebounded on deteriorating risk sentiment. The S&P 500 fell 1.6 per cent, th...

Source: BNN Bloomberg January 19, 2023

​TSX recap: Index finishes 0.4% lower

Canada's main stock index edged downward Wednesday as the price of oil receded off a strong morning, while U.S. markets slid by a wider margin.  The S&P/TSX Composite Index was down 81.23 points, 0.4 per cent, at 20,376.23. In New York, the Dow Jones In...

Market Call Source: BNN Bloomberg January 19, 2023

Christine Poole's Top Picks: January 18, 2023

Christine Poole, chief executive officer and managing director, GlobeInvest Capital Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: Restrictive monetary policy is slowing economic growth. Due to the lagged effect of monetary poli...

Company News Source: BNN Bloomberg January 19, 2023

Luxor files statement with SEC opposing Ritchie Bros.'s proposed takeover of IAA

A major shareholder of Ritchie Bros. Auctioneers Inc. filed with the U.S. Securities and Exchange Commission (SEC) Wednesday in opposition to its proposed takeover of IAA Inc., an auto parts auction company.  The preliminary proxy statement was filed by Lu...

Source: BNN Bloomberg January 19, 2023

​Looking to invest in gold? Three hot picks from David McAlvany

Volatility in equity markets in 2023 and recessionary uncertainty will push investors to gold, according to the chief executive officer of McAlvany Financial Companies.   Speaking with BNN Bloomberg's Amber Kanwar on Wednesday morning, David McAlvany explain...

Source: BNN Bloomberg January 19, 2023

Brookfield property fund for rich investors drops as rates rise

A Brookfield Asset Management Inc. property fund for affluent investors posted its second consecutive monthly decline in December as rising interest rates weigh on the industry.  Brookfield Real Estate Income Trust dropped 1.6 per cent in December, followi...

Source: Financialpost January 19, 2023

Peter Shawn Taylor: Ottawa goes all-in on its shiny new industrial policy

Welcome to Canada’s new industrial policy — handing out money faster than ever As the former auditor general for Newfoundland and Labrador, Sen. Elizabeth Marshall has an eye for financial detail. More importantly, she can spot its absence....