Daily News

Source: Financialpost April 24, 2023

Mark Le Dain: Canadian home prices, once cheered, are now dragging on economic growth

High home prices result in lost innovation, consumer spending and investment Canadians have long been proud of having a resilient housing market. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in you...

Source: Financialpost April 23, 2023

Faculty and Students Protest Declining Quality of Education at University of Ottawa

This section is Partnership Content supplied The content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire...

Source: Financialpost April 23, 2023

Why a recession might be just what the doctor ordered for Canada's economy

Scotiabank chief economist says downturn could jostle economy into more normal, productive future Get the latest from Stephanie Hughes straight to your inbox Sign Up We may be in for some rocky months, but a recession later this year...

Market Call Source: BNN Bloomberg April 22, 2023

Gordon Reid's Top Picks: April 21, 2023

Gordon Reid, president and CEO, Goodreid Investment Counsel FOCUS: U.S. equities MARKET OUTLOOK: The defining event for financial markets in the first quarter of 2023 was without a doubt the failure of a couple of U.S. regional banks and the resultin...

Source: BNN Bloomberg April 22, 2023

TSX Today: Index trading higher amid gains in technology, industrial stocks

Strength in technology and industrial stocks helped Canada's main stock index creep higher in early-afternoon trading, while U.S. stock markets fell on the final day of trading for the week. The S&P/TSX Composite Index was up 12.56 points, or 0.06 per cent...

Source: BNN Bloomberg April 22, 2023

U.S. stocks edge higher as traders weigh earnings, PMI

Stocks edged higher amid mixed corporate earnings and as traders parsed the latest data for clues on the outlook for inflation, economic growth and the Federal Reserve’s policy path. The S&P 500 swung between small gains and losses throughout the session....

Source: BNN Bloomberg April 22, 2023

The Week Ahead: Earnings from Teck Resources, Rogers Communications

Monday, April 24 Notable data: New Housing Price Index Notable earnings: Coca-Cola, Whirlpool Corp., CN Railway Tuesday, April 25 Notable data: S&P CoreLogic Case-Shiller Home Price Index, FHFA House Price Index, U.S. New Home Sales, U.S. C...

Source: Financialpost April 22, 2023

Howard Levitt: If government capitulates on strike demands, future generations will pay the price

Consequence will be further productivity drops and an inability to hire in the private sector We are reeling toward crisis with no alarm sounded. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in you...

Source: Financialpost April 22, 2023

VW battery plant's $13 billion in subsidies raises questions about Canada's EV ambitions

Ottawa says big investment needed to preserve jobs — others are skeptical Get the latest from Gabriel Friedman straight to your inbox Sign Up Volkswagen AG caused a stir in March when it said it had chosen St. Thomas, Ont., as the loc...

Source: Financialpost April 22, 2023

Facing market saturation, Canada's biggest pizza chain targets Mexico for expansion

With 700 restaurants in Canada, Pizza Pizza chief executive sensed it was time to start exploring new markets Back in 2021, when management at Pizza Pizza Ltd. considered the future of the company, it would have been tempting to continue on the...