Daily News

Source: BNN Bloomberg February 06, 2024

Markets today: U.S. bonds fall after 'one-two punch' of ISM, Fedspeak

Wall Street traders sent bonds and stocks down, with strong economic data reinforcing the view that the Federal Reserve isn’t ready to call victory over inflation just yet. Treasuries came under renewed pressure on speculation that optimism regarding disin...

Source: BNN Bloomberg February 06, 2024

TSX recap: Index falls more 1% on broad decline

Canada's main stock index fell more than 200 points Monday in a broad-based decline, while U.S. stock markets also moved lower. The S&P/TSX Composite Index was down 213.20 points, or 1.01 per cent, at 20,871.89. In New York, the Dow Jones Industrial Ave...

Source: Bankofcanada February 06, 2024

Monetary policy: It’s perfectly imperfect

Governor Tiff Macklem speaks about the effectiveness—and limitations—of monetary policy. He highlights how raising and lowering the policy interest rate ultimately k...

Source: Financialpost February 06, 2024

Pension funds sell 2 Vancouver office towers in $300-million deal

CPPIB, Oxford Properties had initially aimed to get around $350 million for the propertiesA pair of Canadian pension funds struck a deal to sell two downtown Vancouver office buildings with tenants including Amazon.com Inc. for about $300 million. We...

Source: Financialpost February 06, 2024

Retirement math you need to know, from how long you'll live to deferring CPP

Jason Heath: Go beyond how much you need to save with this surprising mathReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. It is impor...

Source: Financialpost February 06, 2024

Bank of Canada measures suggest it's more hawkish than market thinks: Scotiabank

'Implicit signal they are nowhere close to easing — if not inclined to tighten further'The Bank of Canada’s decision to bring back a cash-management tool that it hasn’t used in years suggests policymakers don’t want to start loosening monetary policy soon, B...

Source: Financialpost February 06, 2024

Posthaste: Bankruptcies are soaring, but especially in Canada

Business insolvencies in this country jumped the most in 36 years of records We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Bankruptcies are soaring, but especia...

Source: Bankofcanada February 05, 2024

Market Participants Survey—Fourth Quarter of 2023

Results of the fourth-quarter 2023 survey conducted from December 18 to 29, 2023. The Market Participants Survey results are based on questionnaire responses from a...

Source: Bankofcanada February 05, 2024

Université de Sherbrooke crowned National Champion of The Governor’s Challenge

OTTAWA, ONTARIO — The Bank of Canada is pleased to announce the Université de Sherbrooke has won the ninth annual Governor’s Challenge, a national student competitio...

Source: Financialpost February 05, 2024

4 Canadian sectors investors should watch

Watch: Brian Belski, chief investment strategist at BMO Capital Markets, walks investors through some of the bank's betsBrian Belski, chief investment strategist at BMO Capital Markets, talks with Financial Post’s Larysa Harapyn about the four Canadian secto...