Daily News

Source: Financialpost April 02, 2024

Tesla has Wall Street worried about how many cars it just sold

Waning demand for EVs and elevated interest rates taking a toll on salesTesla Inc. may be headed for a gloomy milestone as waning demand for electric vehicles and elevated interest rates take a toll on sales. We apologize, but this video has failed to...

Source: Financialpost April 02, 2024

Canada's productivity 'emergency' and the role newcomers play

Labour productivity increased just once in past seven quarters Get the latest from Naimul Karim straight to your inbox Sign Up Ever since the federal government announced its decision to place caps on temporary residents, economists have been talking...

Source: Financialpost April 02, 2024

The bare trust debacle shows the CRA needs to learn to respect taxpayers

Kim Moody: Taxpayers wasted money and tax professionals lost sleep only to be told the rules had changedReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through l...

Source: Financialpost April 02, 2024

Posthaste: Canada may just pull off that elusive 'soft landing' — except for this province

Country set to dodge recession, Deloitte predicts, though one province has already dipped into the red We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canada may...

Source: Financialpost March 31, 2024

'Crying out for relief': Bank of Canada to cut rates more sharply than Fed, says CIBC

Watch: Avery Shenfeld, chief economist at CIBC Capital Markets, explains why deeper interest cuts will be neededAvery Shenfeld, managing director and chief economist at CIBC Capital Markets, talks with Financial Post’s Larysa Harapyn about the factors that c...

Source: Financialpost March 30, 2024

Reverse mortgage card puts a plastic twist on tapping home equity

Payment card lets you use your home equity like a credit card without having to pay anything back until you sellUsing your home equity like a credit card is nothing new. Using your home equity like a credit card and not having to pay anything back until you...

Source: Financialpost March 30, 2024

Mild winter wreaks havoc on BRP snowmobile sales, as Ski-Doo maker cuts production

North America’s warmest winter on record put a chill on snowmobile sales at BRP Inc., which saw profits plummet last quarter as a result. We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from...

Source: BNN Bloomberg March 29, 2024

Markets today: U.S. stock bulls crush naysayers with US$4 Trillion rally

A stellar quarter for stocks ended on a positive note on speculation the Federal Reserve will be able to achieve a soft landing that will keep powering Corporate America. Wall Street traders sent the S&P 500 to its 22nd record this year after data showed t...

Market Call Source: BNN Bloomberg March 29, 2024

Stephen Takacsy's Top Picks: March 28, 2024

Stephen Takacsy, president, CEO and CIO, Lester Asset Management FOCUS: Canadian stocks  MARKET OUTLOOK: We continue to see a positive environment for stocks and bonds in 2024. We always believed inflation was “transitory” caused by global supply c...

Source: BNN Bloomberg March 29, 2024

The Week Ahead: Home sales for Vancouver, Toronto

Monday, April 1 10:30 a.m.: Bank of Canada business outlook survey and survey of consumer expectations Earnings: EQB Inc., K92 Mining Tuesday, April 2 Manitoba budget Vancouver home sales for March Earnings: Paychex Inc. Wednesday,...