Daily News

Source: Financialpost October 26, 2023

Top headlines: Montreal to ban most natural gas heating, cooking in new buildings

The latest business news as it happensToday’s top headlines We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Top headlines: Montreal to ban most natural gas heating, cooking...

Source: Financialpost October 26, 2023

Bank of Canada says runway to soft landing getting 'narrower' as it holds interest rates again

Central bank held its benchmark interest rate steady at 5% for the second consecutive time Get the latest from Barbara Shecter straight to your inbox Sign Up Bank of Canada governor Tiff Macklem says the runway for a soft landing is narrowing, but he...

Source: Financialpost October 26, 2023

3% by the end of 2024: What economists say about Bank of Canada's latest rate decision

Bank holds at 5%, its second consecutive pauseThe Bank of Canada held its benchmark interest rate at five per cent on Oct. 25, its second consecutive pause, meeting economist expectations amid a slowdown in the economy. We apologize, but this video ha...

Economy Source: Financialpost October 26, 2023

Bank of Canada expected to hold interest rates this morning, keep hawkish bias

The slowdown has arrived — and with it, the likely end of a historic campaign of rate increasesThe slowdown economists have been warning about has arrived in Canada — and with it, the likely end of the Bank of Canada’s historic campaign of rate increases....

Source: BNN Bloomberg October 25, 2023

Young women should invest differently — and more seriously — than men, experts say

Age and income are usually the biggest factors in determining one’s investment strategy, but some personal finance experts believe it’s time for gender to become a larger part of the decision-making process. Women are more likely than men to experience a w...

Source: BNN Bloomberg October 25, 2023

Airline stocks best positioned to for economic downturn: expert

Airline stocks have been under pressure as they battle with rising fuel costs and higher interest rates, but one investment professional says continued travel demand and strong balance sheets will help offset any economic downside. Savanthi Syth, managing...

Source: BNN Bloomberg October 25, 2023

Nasdaq 100 climbs 1% as earnings season picks up

Stocks rose after their longest slide this year, with bond-market volatility abating and traders wading through a raft of earnings for clues on the outlook for Corporate America. Oil slid below US$84 a barrel. The S&P 500 halted a five-day drop while the N...

Market Call Source: BNN Bloomberg October 25, 2023

Brian Acker's Top Picks: October 24, 2023

Brian Acker, president, CEO and chief investment strategist at Acker FOCUS: North American large caps  MARKET OUTLOOK: For the last 10 years, I have been recommending U.S. dollar-dominated assets for Canadian investors. Over the last year and a bit...

Source: Bankofcanada October 25, 2023

Monetary Policy Report – October 2023

Higher interest rates are working to ease price pressures in Canada and inflation is coming down, though progress to the 2% target is slow. The Bank pro...

Source: Bankofcanada October 25, 2023

Bank of Canada maintains policy rate, continues quantitative tightening

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. The global ec...