The 5 Biggest Buyers of Lucid Motors (LCID) Stock

investorplace.com Institutional investors were net sellers of LCID stock during Q1 Electric vehicle (EV) companies aren’t exactly having a good year, and Lucid (NASDAQ:LCID) is no exception.…

Posthaste: Why Canada is better able to handle the costs of an aging population than other countries

financialpost.com Like many advanced economies, Canada’s population is getting older as baby boomers move into retirement. When a rising share of the population stops working but continues to…

Posthaste: Canadian dream of owning a home is fading for a whole generation

financialpost.com Yet for many millennials and gen z that dream is fading because of a “perfect storm” of challenges that is making it harder for them to get on the property ladder than…

Canada's big banks weathering the storm as credit strain mounts

financialpost.com All but one of the big six beat expectations despite growing loan loss provisions Get the latest from Barbara Shecter straight to your inbox Canada’s largest banks took…

These are the big questions facing Canada's Big Six banks in 2024

financialpost.com Interest rates, capital buffers and expense management are among the leading issues facing Canada’s biggest banks in 2024, but in the view of National Bank of Canada analyst…

Canada's big banks face more credit losses amid mortgage renewal crunch

financialpost.com Credit losses must peak and interest rate cuts must be closer at hand before banks enter recovery territory, analysts say Get the latest from Barbara Shecter straight to…

Posthaste: Over half of Canadians would pay more to support small grocers

financialpost.com The survey, which interviewed 1,000 Canadians, found that 58 per cent would choose to pay more for items and services in order to support a local grocery store with less…

Posthaste: Capital gains tax hike will hit more Canadians than we thought

financialpost.com Their report identifies three sectors that have been “consistently at the sharp end of the political stick” — banking, energy and communications. It’s significant that these…

National Bank economist: ‘The demographic shock is getting worse in Canada’

theglobeandmail.com The federal government is trying to restrict migration to Canada, citing the challenge in absorbing so many newcomers over a short period. But so far in 2024, population…

Posthaste: This cratering GDP number has only ever been seen during a recession

financialpost.com Statistics Canada data released Tuesday showed the economy grew 0.2 per cent for the month — below analysts’ estimates of 0.3 per cent and StatsCan’s own advanced forecast…

Inflation likely rose in March, but not enough to change Bank of Canada's direction

financialpost.com Canadian inflation likely reaccelerated in March, but not by enough to throw the Bank of Canada off course, economists say. We apologize, but this video has failed to load.…

RBC poised to outperform rivals thanks to HSBC deal, say analysts

financialpost.com RBC poised to outperform rivals thanks to HSBC deal, say analysts Dividend increases among the big banks expected to be muted when earnings come out next week Get the latest…

Don't ignore the threat to the loonie that's lurking across the pond, economist warns

financialpost.com “While monetary policy divergences can impact the Canadian dollar, its broadest movements against the greenback have more often been a reflection of whether the U.S. dollar…

Uncertainty over Bank of Canada interest rate cut dragging on Big Six, say analysts

financialpost.com Uncertainty over how long interest rates will remain elevated is posing a risk to growth and credit quality at Canada’s big banks, according to analysts who will be keeping…

Small businesses rank credit unions ahead of Canada's big banks, CFIB finds

financialpost.com Small businesses are happier with the financial services they receive from credit unions than with those provided by the country’s five largest banks, a survey by the…

Canada's financial watchdog says bank buffers big enough to weather storms

financialpost.com The Office of the Superintendent of Financial Institutions has maintained the additional capital buffer the country’s biggest banks must hold at 3.5 per cent, a decision…

Canada’s gross domestic product per capita: Perspectives on the return to trend

www150.statcan.gc.ca Slower economic growth over the past year and near-record population increases fuelled by temporary and permanent immigration have put the spotlight on recent trends in…

Posthaste: Canada’s middle class is losing momentum as wealth gap widens

financialpost.com National household net worth rose last year by 4.5 per cent to $16.4 trillion, rebounding from a decline of almost 6.5 per cent in 2022, but these gains were not shared…