Daily News

Source: Financialpost October 06, 2024

Canada's banks should prepare for the risk of a failure, says C.D. Howe expert

Watch: Mark Zelmer, a senior fellow with the think tank, says events in other countries mean Canada's banking system shouldn't rest on its reputationMark Zelmer, a senior fellow with the C.D. Howe Institute, talks with Financial Post’s Larysa Harapyn about h...

Source: Financialpost October 05, 2024

Carpenter claims he made $415 million on Tesla, then lost it all

Suing RBC Dominion Securities, RBC Wealth Management and accounting firm Grant ThorntonChristopher DeVocht, a carpenter from Vancouver Island, says he started out like a lot of day traders. After work, he’d read about trading on forums. His favourite things...

Source: Financialpost October 05, 2024

Boomers are giving kids money before they die in ‘dysfunctional’ system

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 MogoXMoka MogoXMoka These pre-transfers of wealth...

Source: Financialpost October 04, 2024

Fixed rates for some mortgages still falling even as bond yields creep higher

Robert McLister: There’s no imminent widescale threat of fixed rates reboundingAfter moving sideways for a few weeks, government bond yields — those things lenders benchmark fixed mortgage rates to — are creeping higher. There’s no imminent widescale threat...

Source: Financialpost October 04, 2024

Posthaste: Canadian dollar gaining ground on world stage in 'veritable landslide of loonies'

As U.S. dollar slides, loonie surges in global FX reserves We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canadian dollar gaining ground on world stage in 'veritabl...

Source: Bankofcanada October 03, 2024

Bank of Canada Board launches process to appoint additional external Deputy Governor

The Board of Directors of the Bank of Canada has initiated a recruitment process to fill a new external Deputy Governor position. The Board has formed a selection co...

Source: Financialpost October 03, 2024

Posthaste: These 3 charts bolster case for two 50-bps Bank of Canada rate cuts, says economist

Red signals are flashing on the state of economy We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: These 3 charts bolster case for two 50-bps Bank of Canada rate cuts,...

Source: Financialpost October 03, 2024

Mark Carney warns net zero will mean 'significant' stranded property assets

Real estate investors squeezed between falling valuations and pressure to upgrade energy efficiencyFormer central banker Mark Carney has warned there will be “significant stranded assets” in commercial real estate as governments push to reach net zero, highl...

Source: Financialpost October 02, 2024

Posthaste: Don't crack the champagne yet — 2% inflation ain't what it used to be

High prices continue to hit Canadians where it hurts the most We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Don't crack the champagne yet — 2% inflation ain't what...

Source: Financialpost October 02, 2024

Canada's big banks no longer running as a pack with more diverging performance expected, says Fitch

Each of the six lenders has pursued a 'completely different' approach to U.S. success Get the latest from Naimul Karim straight to your inbox Sign Up How Canada’s top banks perform in the United States will play a key role in how investors view them i...