Daily News

Source: Financialpost July 03, 2024

Canada's income tax regime is confusing even to experts and a review is long overdue

Kim Moody: Canadians have a chance to push for a change in our unnecessarily complex income tax systemReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through lin...

Source: Financialpost July 03, 2024

Constellation executive sold $102.6 million in stock ahead of capital gains tax changes

Tech firm's stock has climbed about 220% since the end of 2019Canadian technology firm Constellation Software Inc. saw a surge in insider selling in June, driven by a senior executive’s move to unload $102.6 million of shares ahead of a hike to the nation’s...

Source: Financialpost July 03, 2024

Joe Oliver: Scientific method counters climate alarmism

A submission to the Hague Court by three distinguished U.S. scientists challenges the basic premises of net-zero policies targeting CO2An expert opinion, submitted pro bono last November to the Hague Court of Appeals by three eminent American scientists, pre...

Source: Financialpost July 03, 2024

Posthaste: How Alberta is on track to become a nation-beater again 

Oil production set for strongest year since 2018, say economists We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: How Alberta is on track to become a nation-beater ag...

Source: Financialpost July 02, 2024

Interest rate cuts won't fix Canada's housing affordability crisis

Haider-Moranis: The only solution is to build new homesBy Murtaza Haider and Stephen Moranis We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Interest rate cuts won't fix Canad...

Source: Financialpost July 01, 2024

What a billion-dollar portfolio manager thinks about fixed income

Sandy Liang: In the post-pandemic years, it has not been fun to be a bond manager, at least for the traditional onesBy Sandy Liang We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team....

Source: Financialpost July 01, 2024

Has Canada become the land of extreme inequality? Some believe it more than others

A whopping 38 per cent now see Canada with the most extreme level of inequality, a 19 percentage point increase in five yearsReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from pur...

Economy Source: Financialpost June 30, 2024

Why the Bank of Canada will wait until September for its next cut: Dawn Desjardins

Watch Deloitte's chief economist on interest rates, the housing market and the Canadian economyDawn Desjardins, chief economist at Deloitte Canada, talks with Financial Post’s Larysa Harapyn about how the Bank of Canada‘s interest-rate cuts may unfold and ho...

Source: BNN Bloomberg June 29, 2024

Traders bail on France before election fraught with jeopardy

The worst bond rout since the sovereign debt crisis. Companies rushing to lock in funding before a potential capital drought. An almost US$200 billion hit to stocks. French President Emmanuel Macron’s decision earlier this month to meet the far-right’s gai...

Source: BNN Bloomberg June 29, 2024

Markets today: S&P 500 rally hits a wall at end of banner quarter

The stock market’s enthusiasm faded in the final stretch of a solid quarter, with traders keeping a close eye on any news regarding the U.S. presidential race and remaining cautious ahead of Sunday’s elections in France. Traders across multiple sectors are...