Daily News

Source: Financialpost January 25, 2023

Eric Nuttall: Canada could be as green and wealthy as Qatar and Saudi Arabia if government wakes up

Instead of vilifying the oil and gas sectors, Canada should champion them Driving the streets of Doha in Qatar, a country soon to become the world’s largest exporter of liquefied natural gas (LNG), the words “there has never been a strong busin...

Source: Financialpost January 25, 2023

Diane Francis: Justin Trudeau Liberals keep proving they are amateurs

Trudeau and his cabinet are headed for the scrap heap because of years of incompetent governance In recent days, eye-popping reports about Canada’s unusable tanks and about its over reliance on outside contractors came to light, underscoring th...

Source: Financialpost January 25, 2023

Exclusive: Canadian housing market 'is a castle built on sand': David Rosenberg

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 Watch: Prominent...

Source: Financialpost January 25, 2023

Alphabet's DeepMind lays off staff, closes Edmonton office

Impacted engineers, researchers will be offered option to relocate to other offices Alphabet Inc.’s research lab DeepMind will close its Edmonton, Alta., outpost and lay off some operational staff in the U.K., part of the tech giant’s recent pr...

Economy Source: Financialpost January 25, 2023

Why the Bank of Canada should hike interest rates this week

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 Theo Argitis and...

Source: BNN Bloomberg January 24, 2023

Luxury brand stocks: Three hot picks from Oliver Chen

The luxury brand sector could stand to benefit from pent-up consumer demand, especially amid China’s economic reopening, one analyst said.    Speaking with BNN Bloomberg's Amber Kanwar on Monday, Oliver Chen, senior research analyst at Cowen Inc., said despi...

Market Call Source: BNN Bloomberg January 24, 2023

Lorne Steinberg's Top Picks: January 23, 2023

Lorne Steinberg, president, Lorne Steinberg Wealth Management FOCUS: Global value stocks and high-yield bonds MARKET OUTLOOK: Elevated inflation, rising interest rates, a war in Ukraine and supply chain shortages; all of these issues which negative...

Source: BNN Bloomberg January 24, 2023

Tech stocks take driver's seat in earnings run-up

Tech stocks led gains on Wall Street, with earnings for the most-influential segment of the U.S. equity market about to get underway in a test of the S&P 500’s 12 per cent surge from its October low. Marquee names like Microsoft Corp. and Intel Corp. are s...

Source: BNN Bloomberg January 24, 2023

TSX recap: Index finishes 0.63% higher amid U.S. market gains

Canada's main stock index posted a modest gain Monday while U.S. stock markets saw bigger growth, continuing Friday's rally amid strength in the technology sector. The S&P/TSX Composite Index was up 128.37 points, or 0.63 per cent, at 20,631.58. In New...

Source: Financialpost January 24, 2023

Where investors might want to look if interest rates and inflation persist

Look once again at good old-fashioned value plays that have underperformed for the greater part of the past decade Given just how sensitive the market is to interest rates these days, it isn’t a surprise that all eyes remain focused on central...