Trending

Are you looking for a stock?

Try one of these

Canada Dollar Buys
U.S. Dollar Buys
View $US
Canada Dollar Buys
U.S. Dollar Buys
 

How Canada’s hot housing market is propping up GDP growth

The Canadian economy grew by just 0.1 per cent in April from March, but it received a big boost from the country’s hot housing market, according to data released by Statistics Canada on Thursday.
Latest News
Most Popular
Top Picks from Hap Sneddon: Baxter International, iShares U.S. Telecommunications ETF, Fairfax Financial
Top Picks from Hap Sneddon, Chief Portfolio Manager and Founder, CastleMoore Inc.
Wall Street rallies for third day, TSX edges up as Brexit bruises fade
World stock markets rose for a third day and bond yields hovered around record lows as investors expected more stimulus from central banks in the wake of Britain's vote to leave the EU and as the Bank of England raised the prospect of bond buying this summer.
Alberta to boost minimum wage to $15 an hour despite concerns from lobby groups
Alberta's labour minister is dismissing concerns from "well-funded lobby groups" about significant job losses and going ahead with the province's plan to increase the minimum wage to $15 an hour.
Oil falls on profit taking after best quarter in seven years
Oil prices dropped more than 3 per cent on Thursday, pressured by returning Nigerian and Canadian crude output from outages and as traders booked profits at the end of the best quarter in seven years.
More Brits looking for jobs in Canada after Brexit, according to job website Indeed
A job search website says many United Kingdom residents have started looking for jobs abroad in the wake of the Brexit vote and Canada is high on their destination wishlist.
S&P cuts rating on European Union to 'AA' after Brexit
Standard & Poor's Global Ratings said on Thursday it had cut its long-term credit rating on the European Union to 'AA' from 'AA+' but raised its outlook to "stable" from "negative" after the United Kingdom voted to leave the bloc.
Top Picks Bruce Campbell: CRH Medical, Pacific Insight Electronics, Sleep Country Canada
Top Picks from Bruce Campbell, President & Portfolio Manager, StoneCastle Investment Management.
Former London Mayor Boris Johnson abruptly quits prime minister race
Boris Johnson pulled out of the race to become Britain's next prime minister on Thursday, in a shock move that upturned a political order shaken by last week's vote to leave the European Union.
The Week Ahead: Calgary Stampede begins, Fed June meeting minutes
BNN sets up the week ahead to highlight what investors should be expecting.
Northern Gateway pipeline approval stymied after court quashes approval
The Federal Court of Appeal has overturned the government's approval of a controversial pipeline proposal that would link Alberta's oilsands to British Columbia's north coast.
Carney hints at more stimulus as post-Brexit uncertainty intensifies
Mark Carney is laying the groundwork for more stimulus. Just hours after Boris Johnson pulled out of the race to replace David Cameron, the BOE's governor highlighted Brexit-induced uncertainty.
Hershey rejects US$23 billion Mondelez takeover offer
Hershey Co said on Thursday it had rejected a US$23 billion preliminary offer by Mondelez International Inc that would seek to expand the latter's U.S. footprint and create the world's largest confectioner.
Moves to slow Canada’s housing market would be 'tragic', mortgage industry warns
While the federal government takes steps to assess whether it needs to do more to cool Canada’s housing markets, the country’s mortgage industry warns it would be “tragic” to slow housing activity in the country.
Former London Mayor Boris Johnson abruptly quits prime minister race
Boris Johnson pulled out of the race to become Britain's next prime minister on Thursday, in a shock move that upturned a political order shaken by last week's vote to leave the European Union.
P.K. Subban’s brand could be in trouble after trade to Nashville, says marketing executive
In a blockbuster trade Wednesday, the Montreal Canadiens traded star defenceman P.K. Subban to the Nashville Predators for two-time Olympic gold medalist Shea Weber.
TSX, Wall Street stocks rebound after two-day Brexit rout
Stocks rose worldwide for the first time in three days and the British pound and the euro climbed slightly on Tuesday as investors snapped up Brexit-bashed assets.
Sobeys parent’s stock price tumbles on big loss in quarter
Shares of grocer Sobeys Inc.’s parent fell almost 10 per cent to $19.53 in early-afternoon trading on Wednesday as its troubles in Western Canada deepened and showed signs of spreading further afield amid the company’s posting a loss of close to $1-billion in its fourth quarter.
Why Brexit could put the spotlight on Toronto as a global financial hub
Canada’s financial hub has a unique opportunity to assert itself globally amid the uncertainty the Brexit vote has stirred up overseas, according to Toronto Financial Services Alliance CEO Janet Ecker.
Rogers shakes up Hockey Night in Canada, with several job cuts and Ron MacLean's return
In September 2014, Rogers Media held a three-day seminar for the staff of its new NHL broadcasts at Toronto’s exclusive Shangri-La Hotel. It was followed by a lavish party at the equally posh Ritz-Carlton.
Conrad Black withdraws request for tax hearing on sale of Toronto home
The Federal Court says former media baron Conrad Black has withdrawn his request for an emergency hearing related to tax liens that have been placed on his Toronto home.
Canada lifting visa requirement for Mexican visitors, Mexico to allow Canadian beef
Prime Minister Justin Trudeau says Canada is dropping its visa requirement for Mexican visitors as of December 2016, while Mexico has agreed to lift long-standing restrictions on Canadian beef imports by October.
EU leaders tell Britain to exit swiftly
European leaders told Britain on Tuesday to act quickly to resolve the political and economic chaos unleashed by its vote to leave the European Union, a move the IMF said could put pressure on global growth.
Income investors feeling a double squeeze
Life is becoming increasingly harder for investors who rely on a steady stream of income to increase their retirement savings.
Larry Berman: Brexit – now what?
ANALYSIS: One of the main reasons Britons voted to leave the EU was that they did not like the unelected officials in Brussels increasingly influencing their future. I wrote last week that this is likely the beginning of the end of the EU as it exists today. And I expect it could take five years or longer to fully play out, though it could be much sooner.

Market Voice

Market Voice allows investors to share their opinions on stocks. Slide the control to rate the stock a buy, hold or sell. Then compare your rating with others and see how opinions have changed over the week, month or longer. And you can comment by clicking on the comment icon at the bottom of the each control and logging in using your email address.  Disclaimer »

BNN strongly recommends that you seek advice from a qualified investment advisor before making any investment decision.

One or more affiliates of BNN may invest or otherwise hold interests in entities which may be referenced on BNN.ca. BNN Market Voice is not intended to describe securities bought, sold, or held on behalf of any affiliate of BNN, and is not an indication of any intention to buy, sell, or hold any security.

TODAY
THIS WEEK
THIS MONTH
ALL

News by Sector

Today's Guests
Latest Videos
Tweets by @BNN
ADVERTISEMENT
 
Shows
CTV.ca CTV Two CTV News CTV News Channel BNN - Business News Network CP24