Daily News

Source: Financialpost January 18, 2023

Get ready for another rate hike: What economists are saying about the inflation numbers

The good news is that the pace of rising prices is easing Canada’s annual inflation rate slowed in December to 6.3 per cent, offering “encouraging signs” to some economists that the Bank of Canada could soon call it a day on rate hikes. But not...

Source: Financialpost January 18, 2023

Posthaste: Correction? What correction? This city might have the strongest housing market in Canada

While other centres are seeing steep declines, prices in this city are still rising Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on...

Economy Source: Financialpost January 18, 2023

Anne McLellan and Lisa Raitt: Canada needs to get its act together on growth

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 Business and all...

Source: BNN Bloomberg January 17, 2023

European stocks rise as U.S. futures signal caution

A gauge of global equities stalled after its best start to a year in a generation as investors assessed whether the rally has gone too far given the outlook for inflation, growth and earnings. European stocks rose. The MSCI ACWI Index was little changed af...

Source: BNN Bloomberg January 17, 2023

TSX recap: Index closes higher on broad-based gains

Canada's main stock index saw a small uptick Monday as broad-based gains helped keep it in the green on a slow trading day.  The S&P/TSX Composite Index was up 30.23 points, or 0.15 per cent, at 20,390.33. U.S. stock markets are closed for the Martin Lu...

Market Call Source: BNN Bloomberg January 17, 2023

Darren Sissons' Top Picks: January 16, 2023

Darren Sissons, vice-president and partner, Campbell, Lee & Ross FOCUS: Global and technology stocks  MARKET OUTLOOK: Investors continue to operate in a tactical market, which requires active management. A well-managed buy-and-hold portfolio method...

Source: Bankofcanada January 17, 2023

Canadian Survey of Consumer Expectations—Fourth Quarter of 2022

Results of the fourth-quarter survey | Vol. 3.4 | January 16, 2023 This survey took place between October 27 and November 17, 2022. Follow-up interview...

Source: Bankofcanada January 17, 2023

Business Outlook Survey—Fourth Quarter of 2022

Results of the fourth-quarter 2022 survey | Vol. 19.4 | January 16, 2023 Results from the fourth-quarter 2022 Business Outlook Survey and the Business...

Source: Financialpost January 17, 2023

Michele Romanow steps down as Clearco CEO as company lays off more staff

Andrew Curtis now CEO of the lender to e-commerce startups Dragons’ Den star and serial entrepreneur Michele Romanow is stepping down as chief executive of Toronto-based Clearco, nearly a year after she took on the position, but will stay on in...

Source: Financialpost January 17, 2023

James Bay lithium mine wins federal approval amid Trudeau's push to make Canada an EV player

Quebec mine must adhere to 271 conditions, including measures to protect the environment The federal government approved the construction of a lithium mine in northern Quebec, moving Brisbane, Australia-based Allkem Ltd.‘s project closer to the...