Daily News

Source: BNN Bloomberg March 28, 2023

​Investment opportunities in cannabis stocks: Three hot picks from Matt Bottomley

Cannabis stocks have been under pressure for the last two years and many companies have hit all-time lows, but one analyst believes there could be a turnaround story for the sector.    In an interview with BNN Bloomberg’s Amber Kanwar on Monday,  Matt Bottom...

Source: BNN Bloomberg March 28, 2023

TSX recap: Index finishes 0.63% higher amid gains in energy, financial stocks

Canada's main stock index gained more than a hundred points Monday, buoyed by strength in the energy and financial sectors, while U.S. markets were mixed.  The S&P/TSX Composite Index was up 123.25 points, or 0.63 per cent, at 19,624.74. In New York, th...

Source: BNN Bloomberg March 28, 2023

U.S. stocks rise as banks sigh in relief; bonds retreat

Gains in financial shares lifted U.S. stocks, while Treasuries retreated as fears of broader contagion from the banking turmoil eased. Tech shares slumped after last week’s rally. The S&P 500 rose on Monday, with financial firms in the index up more than 1...

Market Call Source: BNN Bloomberg March 28, 2023

Stephen Takacsy's Top Picks: March 27, 2023

Stephen Takacsy, president, chief executive officer and chief investment officer, Lester Asset Management FOCUS: Canadian stocks   MARKET OUTLOOK: Stock markets have pulled back on fears of further rate hikes, recession and the recent failure of a...

Source: Financialpost March 28, 2023

Posthaste: Why small banks and commercial real estate could be on the brink of a 'doom loop'

'In the worse-case scenario, we could have a rolling crisis that lasts for years' Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on t...

Source: Financialpost March 28, 2023

Budget 2023: Industry lining up for carrots as Ottawa prepares to accelerate the green transition

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 Will Ottawa's bud...

Source: Financialpost March 28, 2023

Rogers and Shaw still waiting for key ISED approval days ahead of new merger closing date

Telcos are waiting for sign-off on the transfer of spectrum licences from Shaw to Vidéotron The latest deadline to close Rogers Communications Inc.’s $26-billion takeover of Shaw Communications Inc. is fast approaching, but the federal governme...

Source: Financialpost March 28, 2023

Diane Francis: Alberta on the cusp of another resource boom

Alberta may end up leading the world’s transition to lithium batteries The most important date in 20th-century Canadian economic history took place on Feb. 13, 1947, on a farm near Edmonton, when Imperial Oil made one of the largest oil discove...

Source: Financialpost March 28, 2023

Offhand comment by Joe Biden shows Ottawa can't take mining boom for granted

Apparent difference of opinion on critical minerals during U.S. president's visit Financial Post writers went back to their notebooks to set the scene for budget 2023. Mining reporter Naimul Karim looks at the disconnect between the United Stat...

Economy Source: Financialpost March 28, 2023

Budget 2023: Chrystia Freeland desperately needs a 'soft landing' from sky-high inflation

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 Scenario of slugg...