Daily News

Economy Source: Financialpost March 31, 2023

Scotiabank economist excoriates Trudeau, Freeland over $32-billion spending boost

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 'Big spending, bi...

Source: BNN Bloomberg March 30, 2023

TSX recap: Index finishes 0.92% higher amid broad-based gains

  Canada's main stock index rose almost one per cent Wednesday amid broad-based strength while U.S. markets also posted strong gains.  The S&P/TSX Composite Index was up 180.12 points, or 0.92 per cent, at 19,837.65 In New York, the Dow Jones Industr...

Source: BNN Bloomberg March 30, 2023

Tacos, extra guac and wings: Three restaurant picks Andrew Charles

From supply chain issues to labour shortages, the restaurant industry has faced several different pressures over the past few years; but one analyst said there are signs that this sector is improving, and investors should take advantage of it. In an interv...

Source: BNN Bloomberg March 30, 2023

U.S. stocks rise as risk-on rally lifts banks, tech

    U.S. stocks advanced as risk appetite continued to recover from turmoil in the banking sector, led by gains in technology and financial shares. The tech-heavy Nasdaq 100 entered a bull market, rising 20 per cent from a December low. The S&P 500 p...

Market Call Source: BNN Bloomberg March 30, 2023

Kim Bolton's Top Picks: March 29, 2023

Kim Bolton, president and portfolio manager at Black Swan Dexteritas FOCUS: Technology stocks  MARKET OUTLOOK: Investors can’t seem to make up their minds as to where stocks should go from here. There is uncertainty regarding how the bank crisis wi...

Source: Financialpost March 30, 2023

Federal budget's unexpected dividend tax change would be fresh hit to insurers and banks

New rules would mean dividends on Canadian equities held by financial institutions would be taxed at full rate Banks and insurers are being targeted with new tax measures in the federal budget for the second consecutive year after Ottawa propos...

Source: Financialpost March 30, 2023

CMHC amends 'illogical' foreign homebuyer ban to help boost housing supply growth

Changes will allow non-Canadians to purchase a residential property in certain circumstances The federal housing minister has made amendments to regulations on foreign purchases of residential property, saying the move will give more flexibilit...

Source: Financialpost March 30, 2023

Posthaste: Canadians leaving free money from CRA on the table thanks to poor tax planning

Thinking about taxes year-round can reduce your overall tax bill, IG Wealth Management says Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through...

Source: Financialpost March 30, 2023

Bank of Canada 'ready to act' against banking turmoil, deputy governor Toni Gravelle says

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 Silicon Valley Ba...

Economy Source: Financialpost March 30, 2023

Kevin Carmichael: Why Freeland decided to turn on the spending taps in budget 2023

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 With Finance fore...