Kinross Gold Stock Jumps As Company Promises To Boost Share Buybacks - [2022-09-28 1Dxwd8]

in #economy2 years ago

Average monthly rents in GTA rise 21% in August over last year: Shantaé Campbell


Rent for all property types was up $430 to $2,528 from $2,098 in August 2021. Read more.

NDP to call for investigation of grocery profits amid allegations of 'greedflation': Denise Paglinawan


NDP members have been trying to pin rising food costs on grocery chain CEOs, blaming 'corporate greed' for driving inflation. Read more.

David Rosenberg: Make no mistake, the Fed is guiding us into a credit crunch: David Rosenberg


Tightening into monetary contraction, a soaring dollar and a deeply inverted yield curve are prelude to market crash

Shopify targets physical retailers after an overly aggressive bet on e-commerce: Bianca Bharti


Canada's largest e-commerce company will start selling new hardware for brick-and-mortar retailers. Read more.

Scotiabank's Brian Porter to retire, Finning CEO named to take helm: Barbara Shecter


Scott Thomson comes from outside Scotia’s executive team, a rare transition in Canada’s tight-knit banking world

OECD predicts Bank of Canada will hike interest rate to 4.5% in 2023: Pamela Heaven


Global economic agency also cuts growth forecast to 1.5% next year

Atlantic Canada begins long cleanup after Fiona leaves 'unprecedented' trail of destruction: Gabriel Friedman


'There's trees down everywhere. Roofs blown off people's houses and businesses and some community infrastructure'

What investors can do instead of betting on central banks to stop hiking rates: Martin Pelletier


Martin Pelletier: Investors need to do more than simply 'wait it out' for central bankers to slow their tightening. Read more.

It's the economy, stupid: FP videos on what Canadians care about: Financial Post Staff


FP's top videos turn the spotlight on the economy and how Canadians are coping. Have a look

US spy satellite launched into orbit from California - Financial Post: The Associated Press


VANDENBERG SPACE FORCE BASE, Calif. (AP) — A classified satellite for the U.S. National Reconnaissance Office launched into orbit aboard a United Launch…

Ontario man faces pre-retirement cash crunch while paying daughter's $72K grad-school tuition: Andrew Allentuck


But a government pension will ensure a secure, prosperous retirement, a financial planner says. Read more about Ken's retirement plan.

OSC scrutinizing audit accounting firms after 'ethical violations' in U.S., U.K.: Barbara Shecter


The OSC is targeting information about internal policies and procedures at audit firms. Find out more.

Global market storm gathers force as virtually no asset class is spared: Stephanie Hughes


Stocks markets including the S&P 500, Dow and Nasdaq fell as inflation and rising interest rates fuelled fears of recession. Read on

Kevin Carmichael: Persistent labour shortages may prove a bittersweet victory for workers: Kevin Carmichael


Workers are set to to see pay gains, but will they be any better off than when wages were suppressed? Read Kevin Carmichael's latest.

Posthaste: Gen Z, millennials relying on 'bank of mom and dad' to meet financial goals: Noella Ovid


Posthaste: Gen Z, millennials relying on 'bank of mom and dad' to meet financial goalsfinancialpost.com

Canada's creator economy is finally getting support after years of neglect: Bianca Bharti


Canada's creator economy is growing as more homegrown creators turn content into cash. Read more.

FP Answers: What is a pension bridge and should I take it?: Julie Cazzin


You need to think lifetime lifestyle and insurance to help guide your decision. Keep reading here

Attendance was high, but spirits were not: Five takeaways from the MoneyShow: Peter Hodson


Peter Hodson: Every investor had one thing on their mind — inflation. Read more.

Instagram down for thousands of users - Financial Post: Savyata Mishra, Reuters


  1. Instagram down for thousands of users Financial Post
  2. Instagram is experiencing issues right now MobileSyrup
  3. Instagram testing latest feature to ruin your experience (yes, it’s an outage) 9to5Mac
  4. Instagram back up after…

    Block brings buy now, pay later to Canada: Bianca Bharti


    BNPL is now available tp Block's vendors and shoppers following successful launches in U.S. and Australia. Find out more.

    In these high-cost times, it's especially crucial to teach kids savvy money skills: Special to Financial Post


    Start the process as soon as your youngsters begin asking you to buy them things. Read on

    David Rosenberg: Slumping equity risk premiums mean there is more bear market to come: David Rosenberg


    It's been an unusual selloff period compared with history. Red more here

    Couche-Tard goes on food marketing push to break fuel dependency: Mathieu Dion, Bloomberg News


    The goal is to increase fresh and prepared food to 20 to 25% of North American sales from its current 11%. Read on

    Posthaste: Canada should go hard on wind and solar, but keep natural gas in the mix: report: Gigi Suhanic


    Posthaste: Canada should go hard on wind and solar, but keep natural gas in the mix: reportfinancialpost.com

    Inflation tops list of concerns for Canadian businesses in third quarter: survey: Stephanie Hughes


    Canada's year-long struggle with inflation is putting a strain on business owners. Read more.

    U.S. Fed delivers third-straight supersized hike, with more increases ahead: Bloomberg News


    The Fed signalled more large increases to come in new projections showing its policy rate rising to 4.4% by the end of this year. Read on.

    U.S. Federal Reserve hikes rate 75 bps: Read the official statement: Financial Post Staff


    Federal Open Market Committee raised the interest rate 75 basis points. Find out more

    Lower rate of Canadians own homes despite increase in household incomes: Shantaé Campbell


    Canada's homeownership rate declined to 66.5% after peaking in 2011 at 69%, according to a Statistics Canada release. Read more.

    Want to take on the CRA? Jamie Golombek shares his own fight with the taxman: Jamie Golombek


    Jamie Golombek details his dispute with the CRA over work-from-home expenses and how it was resolved. Read more.

    Sorry crypto folks, Poilievre doesn’t want to be friends anymore: Special To Financial Post


    Ethan Lou: Politically speaking, crypto was the one mistake Pierre Poilievre made in an otherwise well-executed campaign. Read more.

    EV sector could mean a quarter of a million jobs and $50 billion a year to Canada: Gabriel Friedman


    What it would take for Canada to establish an EV supply chain and what it would mean to the economy. Listen in

    Better governance, oversight give reasons to remain optimistic about the future of ESG investing: Special to Financial Post


    Reform from governments and institutional investors is a great cause for optimism about the future of ESG investing. Read more.

    Lumber producers are cutting back, a signal that higher interest rates are taking hold: Gabriel Friedman


    A growing number of Canada’s largest companies cite softening demand. Read more here

    Teranet home price index posts biggest drop in its history: Gigi Suhanic


    Canada home price index posted its largest drop in its history as rising interest rates continued to dampen the housing market. Read on

    Will cooling inflation sway the Bank of Canada? Here's what economists say: Gigi Suhanic


    Inflation cooled more than expected and market watchers want to know: will the Bank of Canada reconsider its rate hiking path? Find out

    Judge appoints receiver to get to the bottom of husband's assets in divorce case: Special to Financial Post


    Judicial intolerance for spouses who provide incomplete financial disclosure in divorce cases appears to be on the rise. Read on.

    Noah Solomon: Investors should think again if they believe alternatives are a portfolio panacea: Special to Financial Post


    Alternative funds in general have failed to produce their intended objectives, writes Noah Solomon. Read more.

    Wage hikes not keeping up with inflation amid record-high job vacancies: Denise Paglinawan


    There were nearly one million unfilled positions in the second quarter, Statistics Canada said. Read more.

    Inflation eases more than expected in Canada: Stephanie Hughes


    Statistics Canada says the inflation rate was 7.0% in August, marking the second consecutive month inflation has slowed. Read on

    Opinion: CBC searched for Marxist profs to speak ill of the Queen: William Watson


    At least the major on-screen presenters didn’t dwell on the possibly dead-end future of the monarchy. Read on

    Being an executor can be time-consuming and expensive at a time of great grief: Special to Financial Post


    If your loved ones tap you to become an executor, it's important to understand the whole picture before replying. Read more.

    Former CPPIB CEO Mark Machin launches private capital platform: Barbara Shecter


    Mark Machin has partnered with Silicon Valley entrepreneur Joe Lonsdale to form the platform. Read more.

    Germany turns to Qatar's LNG in quest to replace Russian natural gas: Marwa Rashad and Christoph Steitz, Reuters


    Chancellor to visit Gulf region this weekend as major German utilities close in on long-term supply deals, sources say. Read on

    Loonie sinks to two-year low ahead of inflation data, Fed decision: Reuters


    Loonie sinks to two-year low ahead of inflation data, Fed decisionfinancialpost.com

    Kinross Gold stock jumps as company promises to boost share buybacks: Naimul Karim


    Kinross said it will repurchase $300-million worth of shares by the end of this year. Find out more.

    Inflation has likely slowed, but economists warn we're not out of the woods yet: Stephanie Hughes


    Core prices are still bubbling up and will likely not peak until later this year

    Canada home price correction not over yet: Pamela Heaven


    Canada's home price correction has further to go as Canadians feel the heat of rising Bank of Canada interest rates and inflation. Read on

    Quiet quitting is nonsense: All employees can't work above and beyond: Sarah O’Connor, Financial Times


    If staff turn up every day and do exactly what is asked of them, but not more, they are still working, argues Sarah O'Connor. Read more.

    'All but set in stone': More economists join chorus predicting a Canadian recession: Denise Paglinawan


    Signs of a recession in Canada are starting to pop up everywhere, and economists are predicting a bumpy landing. Read more here

    Structured notes can offer investors some protection when markets are volatile: Martin Pelletier


    Martin Pelletier: Structured notes offer an excellent alternative to both stocks and bonds. Read more.

    Falling housing prices may not be leading to widespread buyers' remorse the way you think: Special to Financial Post


    A recent poll suggests a large number of homebuyers who bought at the peak are quite pleased with their purchase

    Teck sells half of Mexican copper project to Agnico Eagle as it shifts focus to larger ventures: Naimul Karim


    As per the agreement, Agnico will contribute US$580 million to the project. Find out more

    Food inflation may have peaked, says head of Canadian grocery giant: Jake Edmiston


    Sobeys CEO says worst of food inflation may be over as supplier demands for price increases appear to have subsided. Read more

    Apple counts on upscale shoppers to turn latest iPhone into hit - Financial Post: Ian King, Bloomberg News


    1. Apple counts on upscale shoppers to turn latest iPhone into hit Financial Post
    2. How to Buy an iPhone 14, iPhone 14 Pro on Launch Day at Apple Stores • iPhone in Canada Blog iPhone in Canada
    3. Some iPhone 14 release-day preorders rep…

      Housing starts decline almost 3%, amid concerns about supply: Shantaé Campbell


      Despite the monthly drop, the six-month trend remains positive. Read on

      Seven Canadian companies make FT's list of 'debt monsters' that have bond markets fretting: Naimul Karim , Denise Paglinawan


      List includes Canadian miners Iamgold Corp., New Gold Inc. and Taseko mines as well as other Canadian firms. Read more.

      Oilpatch hopes Shell's new Canadian CEO can persuade Trudeau to bet on LNG: Meghan Potkins


      Canada could have one of world's the most carbon efficient LNG plants, according to incoming CEO

      The Bank of Canada is losing money for the first time ever on rising rates: Stephanie Hughes


      The central bank anticipates losses for the next three years, depending on how its inflation fight goes. Find out what that means.

      Air Canada says electric-hybrid planes could take flight in 2028: Sweden-based Heart


      Carrier is purchasing 30 aircraft from Sweden-based Heart Aerospace for use on regional routes. Read on

      This Ontario couple wants to quit the rat race and transition into retirement by working for themselves: Andrew Allentuck


      Expert says it’s feasible if they grow savings and cut costs. Read more.

      Do this, don't do that: Investors should read these 11 signs: Tom Bradley


      You can’t predict the market … ever, writes Tom Bradley. Read on for more.

      FP Answers: How do I recognize investment bias in myself and my adviser?: Julie Cazzin


      Humility and a willingness to engage in self-aware reflection can help combat the problem. Read on

      Sobeys boss says he's fed up with 'reckless and incendiary' criticisms about grocery profits amid inflation: Jake Edmiston


      Empire CEO fires back at critics who suggest Canada's big grocers are exploiting their market power to profit from inflation. Read on

      Video-game maker Behaviour Interactive's CEO sees reason for optimism amid spectre of recession: Bianca Bharti


      The founder of Canada's largest independent game maker is eyeing an expansion of its Toronto office. Find out more here.

      Sobeys parent Empire misses earnings expectations despite sales boost: Jake Edmiston


      Profit at Sobeys parent Empire Co. Ltd. dipped slightly in its first quarter, despite a boost in sales. Read more

      David Rosenberg: A Canadian recession is 'all but set in stone': David Rosenberg


      The Canadian economic backdrop is weakening rapidly on a fundamental level, write David Rosenberg and Julia Wendling. Read more.

      The Queen's quilt: How a royal souvenir hunter struck a deal with Her Majesty: Joe O'Connor


      Joy Suluk figures she has the largest collection of Queen Elizabeth souvenirs in Canada's Arctic. Then one day the Queen dropped by

      Oil and gas dominate a new list of the TSX's 30 best performing stocks: Meghan Potkins


      Energy companies and one oilfield service company leapfrogged conventional growth stocks on this year's list. Read more.

      U.S. inflation could push Bank of Canada to move policy rate higher than 4%: Stephanie Hughes


      U.S. price pressures could embolden Canada’s central bank to move more aggressively to fight inflation, economists say. Read more.

      Employees of Canada's Trevali Mining found guilty of involuntary manslaughter in Burkina Faso: Naimul Karim


      A Burkina Faso court has found two Trevali employees guilty of involuntary manslaughter after a flash flood killed eight miners. Read more.

      CN's CEO calls on U.S. railways to avoid national strike amid 'record' shipping demand: Jake Edmiston


      CN Rail CEO says U.S. railways must avoid a strike as the North American supply system is facing unprecedented harvest demand. Read on

      BRP posts best revenue in its history: What you need to know: Marisa Coulton


      BRP's earnings suggest Ski-Doo and Sea-Doo maker has momentum as it readies new electric motorcycle. Read more

      How to qualify for the federal government's inflation relief benefit programs: Jamie Golombek


      Tax expert Jamie Golombek provides a look at the measures Ottawa is implementing to help with rising costs. Read more.

      Posthaste: Canada no longer among best countries for retirement in one of worst years ever to retire: Victoria Wells


      Posthaste: Canada no longer among best countries for retirement in one of worst years ever to retirefinancialpost.com

      Office buildings are having an existential crisis — and it's not just work from home: Gabriel Friedman


      Office buildings have faced high vacancy rates for years, and the rise of work from home arrangements just amplified the crisis. Read on

      Vass Bednar: Why Canadians should recalibrate their resistance to private health care: Special to Financial Post


      focus on making sure health-related markets are free of unnecessary barriers that inflate costs, writes Vass Bednar. Read more.

      Justin Trudeau announces $4.5 billion inflation relief package: Ismail Shakil and Steve Scherer, Reuters


      Canada's inflation measures include a tax-free quarterly payment to offset sales tax, and a $500 onetime top-up to help pay rent. Read more

      Three miners die at Peru copper mine run by Toronto's Sierra Metals: Naimul Karim


      The deaths are in addition to another miner's death in January. Find out more.

      Rogers' $26-billion merger with Shaw could close this year, says CEO: Barbara Shecter


      Rogers Communications Inc CEO Tony Staffieri also said financial Impact of wireless outage this summer was "small but manageable." Read on

      Posthaste: Soft landing for Canada's economy is becoming 'a distant prospect,' economists say: Pamela Heaven


      With a hawkish Bank of Canada plowing ahead to get inflation under control, more economists believe a recession is coming. Read on

      Canadian household wealth falls by nearly $1 trillion as real estate, financial markets pummelled: Denise Paglinawan


      Debt growth also outpaced income gains, as households added a near-record $56.3 billion of debt in the second quarter. Read more.

      Wages key to pace of Bank of Canada's remaining rate hikes: Stephanie Hughes


      Bank of Canada senior deputy governor Carolyn Rogers says the central bank is wary of a wage-price spiral. Read on

      Start saving early for your kids' university days and get them to contribute: Special to Financial Post


      If you start too late, investing in RESPs is probably not the best choice

      A handful of portfolio strategies to help 60/40 investors sleep better at night: Martin Pelletier


      Martin Pelletier: Here are five ways to help navigate this unique market environment. Read on.

      Four videos that tell you all you need to know about the Bank of Canada's interest rate hike: Financial Post Staff


      The Bank of Canada's interest rate decision on Sept. 7 was front and centre on FP Video this week. Watch and learn

      Dollarama boosts outlook as inflation drives bargain-hunters to its stores: Denise Paglinawan


      The Canadian retail chain expects to continue benefiting from strong demand for 'affordable, everyday items' amid inflation. Read more.

      Indigo's new CEO Peter Ruis hopes to make retailer 'bigger and bolder': Bianca Bharti


      His promotion ushers in a new era for Canada's largest book store. Read more

      Grocers gear up to fight fed decision to include compostable bags in plastics ban: Jake Edmiston


      'We did the right thing. We can't be included.' Read more here

      David Rosenberg: The bullish case for LNG, a reliable energy source investors should tap into: David Rosenberg


      Liquefied natural gas (LNG) should see strong growth in the next decade and more, writes David Rosenberg and his team. Find out more

      Canada's economy loses 40,000 jobs; unemployment rate jumps to 5.4%: Bianca Bharti


      Third month in a row that employment has declined

      Posthaste: 70% of small firms expect rate hike to hurt business: Noella Ovid


      32% of businesses plan to raise prices by at least 6% in the next 12 months, says CFIB. Read more.

      Restaurant finds itself in hot water with CRA over servers' electronic tips: Jamie Golombek


      A restaurant that didn't include electronic tips in its CPP and EI liabilities got called out by the CRA, writes Jamie Golombek. Read more.

      Five strategies to help set up your investments for when the market rebounds: Peter Hodson


      Big profits are going to be made when — not if — the market shifts, writes Peter Hodson. Find out more about what he means.


      [news curation]@wakanda-forever



      Posted using Partiko Android

      Coin Marketplace

      STEEM 0.25
      TRX 0.11
      JST 0.033
      BTC 63157.91
      ETH 3096.77
      USDT 1.00
      SBD 3.91