Daily News

Source: Financialpost October 19, 2022

'The missing middle:' How Toronto became the biggest housing bubble in the world

Episode 172 of the Down to Business podcast Recently, the Swiss investment bank UBS named Toronto as the number one real estate housing bubble in the world — not only above Vancouver, but also above London, Paris, San Francisco, New York, Tokyo...

Source: Financialpost October 19, 2022

Oil and gas investors set for jump in returns as producers near debt targets

Companies previously preoccupied with debt repayment may begin plowing more cash into dividends, share buybacks If there’s one sector of the Canadian economy that seems distinctly buoyant amid the gloom of rising interest rates and a possible r...

Source: Financialpost October 19, 2022

Odds of a 75-bps hike from the Bank of Canada just went up, economists say

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 Economists give t...

Source: BNN Bloomberg October 18, 2022

S&P 500 bounces off make-or-break technical level

Stocks saw big gains Monday, with the S&P 500 closing above a key technical level and another giant bank coming out with solid results. A reversal of the U.K.’s vast fiscal stimulus also bolstered trader sentiment. The breadth of the rally was so strong th...

Source: BNN Bloomberg October 18, 2022

TSX recap: Index closes 1.61% higher

Canada’s main stock index closed up almost 300 points Monday ahead of Statistics Canada releasing its latest inflation data on Wednesday, while U.S. markets were also up.  The S&P/TSX Composite Index was up 294.67 points, or 1.61 per cent, at 18,621.02....

Market Call Source: BNN Bloomberg October 18, 2022

Paul Harris' Top Picks: October 17, 2022

Paul Harris, partner and portfolio manager, Harris Douglas Asset Management FOCUS: North American and global large caps MARKET OUTLOOK: The second-quarter of 2022 began with hope and ended in despair. After a strong rally in equity and bond markets...

Source: Bankofcanada October 18, 2022

Canadian Survey of Consumer Expectations—Third Quarter of 2022

Results of the third-quarter survey | Vol. 3.3 | October 17, 2022 This survey took place between August 2 and August 23, 2022.1 Follow-up interviews to...

Source: Bankofcanada October 18, 2022

Business Outlook Survey—Third Quarter of 2022

Results of the third-quarter 2022 survey | Vol. 19.3 | October 17, 2022 Business confidence has softened, according to results from the third-quarter 2...

Source: Financialpost October 18, 2022

FP Answers: How high could interest rates go?

This section is Sponsored This section was created by Content Works, Postmedia’s commercial content studio. by RBC RBC 70% of small business owners are feeling the pinch of higher rates We apo...

Source: Financialpost October 18, 2022

Howard Levitt: Employers should avoid this big mistake when terminating employees

Courts have shown they have zero tolerance for companies that breach the 'duty of good faith' By Howard Levitt and Maria Belykh We apologize, but this video has failed to load. Try refreshing your browser, ortap here to...