Daily News

Source: Financialpost November 17, 2022

If you disagree with a CRA assessment, make sure you file an objection on time — or else

Jamie Golombek: For these taxpayers, skipping step of filing objections to CRA proved fatal to their Tax Court cases Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission fro...

Source: Financialpost November 17, 2022

Backed by Airbus and Air Canada, company says it's closer to pulling carbon from the sky

B.C.-based Carbon Engineering specializes in direct air capture technology Canada’s Carbon Engineering Ltd. said an undisclosed investment from Airbus S.E. will accelerate the industrial-scale deployment of its proprietary direct air capture te...

Source: Financialpost November 17, 2022

Saskatchewan First Nation accuses U.S. miner of extracting potash without providing 'benefit' to community

Kahkewistahaw First Nation chief said Mosaic has failed to live up to the 'very basic' Indigenous rights engagement A Saskatchewan First Nation has accused U.S. miner Mosaic Co. of extracting “billions of dollars” worth of potash from its land...

Source: Financialpost November 17, 2022

William Watson: Beer is a good place to start the tax revolt

We don’t want governments that are inflation-normalizers Anything that makes people mad as hell about high taxes — as my colleague John Ivison clearly is about the upcoming indexed increase in the federal excise tax on beer — is a good thing. A...

Source: Financialpost November 17, 2022

Come from away: Ukrainian refugees help Newfoundland and Labrador companies soar

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 Province home to...

Source: BNN Bloomberg November 16, 2022

U.S. stocks, bonds rally with inflation data in focus

U.S. stocks rose as fresh data added to evidence inflation may have peaked, strengthening the case for the Federal Reserve to moderate its pace of interest-rate hikes. Treasuries also ended Tuesday higher while the dollar fell. Sign up to get breaking n...

Source: BNN Bloomberg November 16, 2022

Wall Street ETF gets US$211M mystery inflow, most since 2008

Seemingly out of nowhere, an exchange-traded fund tracking the fortunes of Wall Street has been lavished with its largest inflow since February 2008.  After months with barely any capital moving in or out, the iShares U.S. Broker-Dealers & Securities Excha...

Source: BNN Bloomberg November 16, 2022

Michael Burry stake in QVC owner spurs biggest jump since 2019

QVC parent Qurate Retail Inc. rallied the most in three years after Michael Burry’s Scion Asset Management LLC reported a new stake in the home-shopping channel owner. Sign up to get breaking news email alerts sent directly to your inbox The stock...

Source: BNN Bloomberg November 16, 2022

Amid economic uncertainty, many young investors look to add GICs to their portfolios

As the stock market gyrates and a possible recession looms, many young investors may be looking to rethink their investment portfolios. Financial planners are seeing more generation Z and millennials add guaranteed investment certificates (GIC) to their po...

Market Call Source: BNN Bloomberg November 16, 2022

Mike Philbrick's Top Picks: November 15, 2022

Mike Philbrick, chief executive officer, ReSolve Asset Management FOCUS: Exchange-traded funds  MARKET OUTLOOK: Creating value in an era of inflation volatility: Liquidity, growth and inflation greatly inform whether specific asset classes will...