Bus manufacturing giant NFI is teetering on the brink of a financial disaster. Can it get the bus rolling again? Published Feb 09, 2023 • Last updated 2 days ago • 10 minute read 11 Comments Work in progress at the headquarters of public transit bus maker New Flyer in Manitoba. Photo by KEVIN KING/Winnipeg Sun/National… Continue reading New Flyer, the Canadian Tesla of public transit, looks to turn bus around
Bank of Canada considered holding interest rate steady in January, minutes reveal
Policy makers also concerned that hit to housing market could be larger than expected Author of the article: Bloomberg News Randy Thanthong-Knight and Erik Hertzberg Published Feb 08, 2023 • Last updated 3 days ago • 3 minute read Join the conversation Bank of Canada governor Tiff Macklem and four other policy makers debated holding rates… Continue reading Bank of Canada considered holding interest rate steady in January, minutes reveal
Posthaste: Snowbirds have flown south again, but they’re not sure how much longer they can afford it
They’re worried rising costs will impact their ability to live abroad in future An umbrella on a beach in Hollywood, Florida. Photo by Joe Raedle/Getty Images Canadian snowbirds have resumed their travels to hot and sunny locales, but they’re worried they may not be able to afford such a lifestyle for much longer. Advertisement 2… Continue reading Posthaste: Snowbirds have flown south again, but they’re not sure how much longer they can afford it
Here’s what needs to happen for one of Wall Street’s biggest bears to flip bullish and be won over by the stock market
Bank of America’s Michael Hartnett has been one of Wall Street’s biggest bears over the past year.But in a Friday note, Hartnett outlined potential factors that could flip him from bearish to bullish.While Hartnett’s not holding his breath, here’s what he needs to see to turn bullish on stocks. Loading Something is loading. Thanks for… Continue reading Here’s what needs to happen for one of Wall Street’s biggest bears to flip bullish and be won over by the stock market
Shark Tank’s Kevin O’Leary says he’s increasingly turning to ChatGPT instead of Google
Shark Tank investor Kevin O’Leary told Insider he’s now evenly dividing his queries between ChatGPT and Google. He said that, six months ago, he would use Google 100%, but now its only about 50% of the time. “The AI search wars are on.” Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Shark Tank’s Kevin O’Leary says he’s increasingly turning to ChatGPT instead of Google
Want the S&P 500 to gain 10% this year? A Super Bowl win by the Philadelphia Eagles may be your best bet
The Philadelphia Eagles and the Kansas City Chiefs will face off in Super Bowl LVII on Sunday in Arizona. An analyst said historic data suggests a win by an NFC team will produce a 10% return for the S&P 500 this year. That means the NFC champ Eagles would drive bigger stock gains than the… Continue reading Want the S&P 500 to gain 10% this year? A Super Bowl win by the Philadelphia Eagles may be your best bet
US home prices are heading for a further drop this year even though mortgages are getting cheaper, a housing market expert says
Home prices could fall by 9% this year as the Fed powers ahead with rate hikes, according to a Mortgage Bankers Association board member. That may also entail trading volumes in the housing market sliding to 40-year lows, real-estate veteran Jeff Taylor said. His view comes despite 30-year mortgage rates retreating almost 100 basis points… Continue reading US home prices are heading for a further drop this year even though mortgages are getting cheaper, a housing market expert says
Half of Canadians who invest in TFSAs are doing it wrong — here’s what you should be doing
Watch Kelley Keehn on how tax free savings accounts are not being used to their full potential Kelley Keehn, founder of Money Wise Workplaces, explains how to make the most of your RRSP and TFSA investments. Photo by Getty Images Kelley Keehn, founder of Money Wise Workplaces, talks with Financial Post’s Larysa Harapyn about getting… Continue reading Half of Canadians who invest in TFSAs are doing it wrong — here’s what you should be doing