Daily News

Source: Financialpost March 05, 2024

Mining giant Rio Tinto eyes Canada in hunt for top-tier lithium property

CEO says lithium to dominate market for EV battery metals Get the latest from Naimul Karim straight to your inbox Sign Up Mining giant Rio Tinto Ltd. “would love” to produce lithium in Canada, given the right project, says chief executive Jakob Staush...

Source: Financialpost March 05, 2024

Canada treats airline industry as a 'cash cow' when it should be essential service, says expert

Discount airlines face bigger challenges in this country than in the U.S.Canada treats its aviation industry as a cash cow, when it should be considered an essential service, says an airline expert. We apologize, but this video has failed to load. Try...

Source: Financialpost March 05, 2024

Posthaste: It's the economy, stupid — what's really wrong with the laggard TSX

The stampede out of Canadian stocks is breaking records We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: It's the economy, stupid — what's really wrong with the la...

Source: Financialpost March 05, 2024

Homes priced under $500,000 are vanishing across Ontario

Fewer than one in five homes fall below that thresholdHomes priced at under $500,000 are becoming a rarity in Ontario, with fewer than one in five dwellings falling under that threshold, new data from a government-run property assessment group shows....

Source: Financialpost March 05, 2024

Spring housing market resurgence could give Bank of Canada pause on rate cuts

A cut in April 'would be about the dumbest thing the central bank could do,' Scotiabank's Derek Holt says Get the latest from Barbara Shecter straight to your inbox Sign Up Most economists agree that it’s just a matter of time before the Bank of Canad...

Source: Financialpost March 04, 2024

The Magnificent Seven? More like the Magnificent Five these days

Watch investing expert Greg Taylor talk about why some of these high-flying tech stocks have come back to EarthGreg Taylor, chief investment officer at Purpose Investments, talks with Financial Post’s Larysa Harapyn about which stocks are attractive among th...

Market Call Source: BNN Bloomberg March 02, 2024

Zach Curry's Top Picks: March 1, 2024

Zach Curry, director and portfolio manager of Greenrock Capital Partners FOCUS: North American large caps MARKET OUTLOOK: Stock markets in Canada and the U.S. have continued to rally in 2024, following up from a strong (and volatile) performance in...

Source: BNN Bloomberg March 02, 2024

The Week Ahead: BoC policy announcement; Canadian labour data due

Monday, March 4 Earnings: Osisko Mining, Advantage Energy, Archer-Daniels-Midland PDAC Mining Convention, Toronto  March 3 to March 6 Tuesday, March 5 Earnings: Canfor, Pet Valu, Nuvei, Franco-Nevada, Target, Ross Stores Wednesday, Mar...

Source: BNN Bloomberg March 02, 2024

Markets today: S&P 500 posts 15th record this year as tech roars

The stock market powered ahead amid a renewed rally in technology companies, with traders also sifting through the latest remarks from a slew of Federal Reserve speakers for clues on the interest-rate path. The S&P 500 topped 5,100 — hitting its 15th recor...

Source: BNN Bloomberg March 02, 2024

Markets today: Tech lifts stocks while U.S. yields fall after data

The stock market kicked off the new month with gains fueled by technology companies. Bond yields fell as disappointing factory data and a decline in consumer sentiment solidified bets on interest-rate cuts. Equities hovered near all-time highs, following a...