Daily News

Market Call Source: BNN Bloomberg May 26, 2023

Keith Richards Top Picks: May 25, 2023

Keith Richards, president and chief portfolio manager, ValueTrend Wealth Management FOCUS: Technical analysis   MARKET OUTLOOK: Markets entered into a bearish period, as I suggested would happen more than a year ago. ValueTrend was prepared for tha...

Source: BNN Bloomberg May 26, 2023

TSX recap: Index finishes lower amid losses in energy stocks

Canada's main stock index closed down more than 150 points Thursday, weighed down by losses in energy and telecom, while U.S. stock markets were mixed. The S&P/TSX Composite Index lost 153.61 points, or 0.77 per cent, to finish at 19,774.08. In New York...

Source: BNN Bloomberg May 26, 2023

Canadian bond issuers rush ahead of U.S. debt ceiling deadline

Corporate issuers are racing to sell debt denominated in Canadian dollars as the standoff around the U.S. debt ceiling continues and investors look to lock in the highest yields since November.  Bank of Montreal is leading five issuers raising $4.75 billio...

Source: Financialpost May 26, 2023

TD won't hit growth target, announces buyback in wake of First Horizon deal termination

Retail banking in Canada and the U.S. continued to show strong growth Get the latest from Stephanie Hughes straight to your inbox Sign Up Toronto-Dominion Bank has scaled back its medium-term growth outlook and announced it will be re...

Source: Financialpost May 26, 2023

Many Canadians are leaving this registered savings plan's money on the table

Almost half the people eligible for the RDSP have never heard of it Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. I...

Source: Financialpost May 26, 2023

CIBC hikes dividend as profit beats expectations

Canadian banking profit grows 28% Get the latest from Stephanie Hughes straight to your inbox Sign Up Canadian Imperial Bank of Commerce beat expectations in the second quarter and raised its dividend, despite putting aside more funds...

Source: Financialpost May 26, 2023

Junk Science Week: Terence Corcoran — Non-processed food science

Toward a ‘nutrition transition’ tax? We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Junk Science Week: Terence Corcoran — Non-processed food...

News Source: Financialpost May 26, 2023

Posthaste: Canada's housing affordability crisis is now actually changing people's lives

They are leaving the cities they grew up in and putting off marriage, children We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Can...

Source: BNN Bloomberg May 25, 2023

U.S. stocks, bonds fall as debt impasse continues

U.S. stocks and bonds fell on Wednesday as traders weighed the possibility of a U.S. recession from either a U.S. debt default or higher interest rates from the Federal Reserve. The S&P 500 fell 0.7 per cent, led by losses in financials and real estate, as...

Source: BNN Bloomberg May 25, 2023

​Expect Canadian banks to set aside more money for loan losses: Analyst

Canada's leading banks are taking precaution in the face of a possible recession by setting aside more money for credit losses.    The Bank of Nova Scotia and the Bank of Montreal both missed analyst expectations in the second quarter amid heightened operati...