Daily News

Source: Financialpost October 24, 2022

Competition watchdog to probe grocery sector amid rising food prices

Study to investigate whether lack of competition is partly to blame Canada’s federal competition watchdog launched a probe of the grocery business amid rising public concerns that the country’s three supermarket giants took advantage of runaway...

Source: Financialpost October 24, 2022

Posthaste: Bracing for the next interest rate hike, Canadians are feeling the pinch like never before

Six in 10 Canadians worried about impact of rising rates Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

Source: Financialpost October 24, 2022

Fundamentals 'flashing red' as last pillar of credit crumbles

Corporate credit conditions are worsening, says Janus Henderson Investors Corporate credit conditions are worsening, with the last of three key measures now “flashing red,” according to a traffic-light system used by Janus Henderson Investors....

Economy Source: Financialpost October 24, 2022

Victor Dodig: Canada must urgently address affordability, housing woes so immigrants can thrive

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 Our shared prospe...

Source: Financialpost October 23, 2022

Which provinces will be most vulnerable in the coming economic downturn

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 Marc Desormeaux,...

Source: Financialpost October 23, 2022

'Whistling past the graveyard’: Bank of Canada expected to go big with October rate hike as recession risks loom

The central bank is expected to raise the policy rate by 50 or 75 basis points as part of the Bank's strategy of front-loading rate hikes Canada’s top economists are expecting the Bank of Canada to deliver another outsized rate hike on Wednesda...

Source: BNN Bloomberg October 22, 2022

U.S. Fed-obsessed traders lift stocks as yields slide

Wall Street saw another day of big reversals, with stocks notching their best week since June after a Treasury rout sputtered. The yen jumped as Japan intervened again to prop up the currency. At a time when traders have been obsessed about the outlook for...

Source: BNN Bloomberg October 22, 2022

​Analyst reaction to Interfor, Corus and Snap

Earnings season has put a spotlight on some of the key challenges corporations are facing which include weakened consumer demand and a pull back in advertising dollars.  Here's a look at what analysts had to say about Interfor Corporation, Corus Entertainm...

Market Call Source: BNN Bloomberg October 22, 2022

Bruce Campbell's Top Picks: October 21, 2022

Bruce Campbell, president and portfolio manager, StoneCastle Investment Management FOCUS: Canadian stocks MARKET OUTLOOK: Markets continue to be volatile with choppy trading on a daily basis. Multiple cross currents including inflation, central ban...

Source: BNN Bloomberg October 22, 2022

More pain for Canadian stocks as earnings dampen, Scotiabank says

Canadian companies are barreling toward even more pain amid an earnings season threatened by market volatility and a recession. Companies listed on the S&P TSX Composite Index are headed for their first sequential decline in a year, according to analysts a...