Daily News

Source: BNN Bloomberg November 22, 2022

U.S. stocks drop with Fed policy, China in focus

U.S. stocks dropped as investors parsed comments from Federal Reserve officials who broadly remained steadfast in their fight against inflation. Mounting concerns that China may tighten COVID curbs after a string of reported deaths also continued to weigh on...

Market Call Source: BNN Bloomberg November 22, 2022

Bruce Campbell's Top Picks: November 21, 2022

MARKET OUTLOOK: October’s U.S. consumer price index (CPI) report helped to brighten the mood on Wall Street as the report came in better than expected and investors began to focus on a potential U.S.  Federal Reserve pivot to their interest rate policy int...

Source: Bankofcanada November 22, 2022

Monitoring the health of Canada’s financial system

Senior Deputy Governor Carolyn Rogers discusses risks and vulnerabilities in our financial system and what the Bank of Canada is doing to support financial stability...

Source: Financialpost November 22, 2022

Matthew Lau: Trudeau knows even less about entrepreneurship than monetary policy

The business community should know better than to parrot government misinformation on business and economics Last year Prime Minister Justin Trudeau informed Canadians he does not think about monetary policy. Perhaps instead he thinks about ent...

Source: Financialpost November 22, 2022

Posthaste: The world’s population explosion has been defused — but now there's a new time bomb

And the consequences of ignoring it are dire Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. We...

Source: Financialpost November 22, 2022

Bank of Canada’s Carolyn Rogers flags first-time homebuyers facing 'trigger rates' as risk

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 About half of var...

Source: Financialpost November 22, 2022

Half of variable-rate mortgages have hit their trigger rate, estimates Bank of Canada

That’s about 13 per cent of all Canadian mortgages OTTAWA — Bank of Canada senior deputy governor Carolyn Rogers says the adjustment to higher interest rates will be painful for recent homebuyers with variable-rate mortgages....

Economy Source: Financialpost November 22, 2022

Canada's economy quickens in October, upending forecasts for tepid growth

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 Data suggest busi...

Source: Financialpost November 21, 2022

Elon Musk keeps the layoff axe swinging, cuts more Twitter workers

Fires sales staff just days after employee exodus following 'hardcore' ultimatum Elon Musk laid off more Twitter Inc. workers from the sales side of the social network’s business beginning late on Sunday, further trimming a staff that had alrea...

Source: Financialpost November 21, 2022

Home Capital — the mortgage lender bailed out by Buffett — is being bought by Smith Financial

It survived a regulatory probe, short-seller campaign and partial bank run Home Capital Group Inc., the Toronto-based alternative mortgage lender that survived a regulatory probe and short-seller campaign before being bailed out by Warren Buffe...