Daily News

Source: Financialpost February 23, 2023

Terence Corcoran: Property rights? No way, man. This is Canada!

Toronto's vacant homes tax latest in a string of similar penalties imposed by different levels of government With just days before the City of Toronto’s property control regime moved in to impose a fine for non-compliance I formally filed my de...

Source: Financialpost February 23, 2023

The world's biggest miner is ready to plant more flags in 'highly desirable' Canada

Series of investments suggests BHP may be open to building a battery metals empire in Canada A little over a year ago, Melbourne-based BHP Group Ltd., the world’s largest miner, bowed out of the highly publicized bidding war with Australian bil...

Source: Financialpost February 23, 2023

How immigration and an aging population will affect Canada's housing market

Episode 183 of Down to Business podcast What’s going to happen to home prices in Canada? REGISTER TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one...

Economy Source: Financialpost February 23, 2023

Foreign-trained doctors 6 times more likely to work outside field than other immigrants: RBC

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 Ottawa's approach...

Source: BNN Bloomberg February 22, 2023

Investors flocking to energy transition, TSX Venture 50 list shows

The latest edition of the TSX Venture 50 list shows investors are increasingly snapping up stocks with any sort of energy transition theme. Everything from lithium to hydrogen to solar power has a presence on the list of top performers on Canada's main ven...

Source: BNN Bloomberg February 22, 2023

Investing in artificial intelligence stocks: Hot picks from Pedro Palandrani

Artificial intelligence stocks have outperformed the markets so far in 2023, and one investment professional says the demand for this technology is only the rise. Speaking with BNN Bloomberg's Amber Kanwar on Tuesday, Pedro Palandrani, vice-president and d...

Source: BNN Bloomberg February 22, 2023

Dow Average's 2023 rally evaporates in rate reset

A renewed surge in Treasury yields took the wind out of the stock market, with geopolitical tensions and dire forecasts from bellwethers Walmart Inc. and Home Depot Inc. also souring investors’ mood. Wall Street’s growing fears that the Federal Reserve is...

Source: BNN Bloomberg February 22, 2023

TSX recap: Index closes down on amid losses in tech, health care and financials

Canada's main stock index was down almost 1.3 per cent Tuesday with broad-based losses led by technology, health care and financials, while U.S. stock markets slid more than two per cent. The S&P/TSX Composite Index was down 262.60 points, or 1.28 per cent...

Source: Financialpost February 22, 2023

Suncor names former Imperial chief Rich Kruger as new CEO amid shareholder pressure

Kruger takes over one of Canada’s largest oil producers as it works to improve its safety record A former American executive from Exxon Mobil Corp. will succeed Mark Little at the reins of Suncor Energy Inc., ending a seven-month long search am...

Source: Financialpost February 22, 2023

Stocks are tanking today because of fears the Fed is nowhere near winding up its inflation fight

S&P 500 on track for worst day since December A renewed surge in Treasury yields took the wind out of the stock market, with geopolitical tensions and dire forecasts from bellwethers Walmart Inc. and Home Depot Inc. also souring investors’ mood...