Barclays Raises S&P 500 Target to 7,650 for 2026
Barclays has increased its year-end S&P 500 forecast to 7,650 for 2026, citing strong corporate earnings and economic resilience despite ongoing inflation and Middle East tensions.
Barclays has increased its year-end S&P 500 forecast to 7,650 for 2026, citing strong corporate earnings and economic resilience despite ongoing inflation and Middle East tensions.
The Bank of Canada is conducting an internal recruitment process to fill two vacancies on its governing council following the announced departures of Deputy Governors Sharon Kozicki and Rhys Mendes.
The C.D. Howe Institute recommends a revenue-neutral tax overhaul to stimulate economic growth by lowering income taxes and increasing consumption taxes, modeled after Sweden's 1990s reforms.
Sweden transformed from punitive taxation to growth-friendly policies after 1970s horror stories. Canada risks losing economic contributors without similar reforms focusing on consumption taxes and flatter income rates.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedA new Fraser Institute report reveals Ontario's net debt increased by $104 billion under Premier Doug Ford, urging improved fiscal management ahead of the upcoming budget release.
A former bank manager in Brossard received a 26-month prison sentence for her involvement in a mortgage fraud scheme that targeted properties in Montreal, including one in Notre-Dame-de-Grâce.
JPMorgan Chase leads an $8 billion high-yield bond offering to finance the leveraged buyout of Electronic Arts, adjusting debt structures amid market volatility.
The Bank of Canada has confirmed that Deputy Governor Rhys Mendes is departing the central bank, while Senior Deputy Governor Carolyn Kozicki is set to retire, marking significant leadership changes.
The Iran conflict has triggered a massive $2.5 trillion bond market wipeout in March, with total debt value falling to $74.4 trillion, marking the worst monthly loss since 2022.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedThe U.S. dollar experienced a sharp decline following former President Trump's decision to pause military strikes on Iranian energy assets for a five-day period, impacting global currency markets.
As tax season approaches, Canadians are being cautioned against relying on Google for tax guidance, as search results frequently yield inaccurate U.S.-specific information that does not apply to Canada's tax system.
The Federal Reserve's failure to address supply-driven oil shocks is creating market turmoil, pressuring gold and investments while raising recession risks as policy misalignments intensify.
The Canadian government explores Australia's asset recycling model, where selling state-owned assets to pension funds could generate billions for new infrastructure projects like pipelines and grids.
While tech stocks grab headlines, Canada's Big Six banks have quietly delivered over 80% returns post-COVID, with consistent dividends and regulatory stability making them foundational for portfolios.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedA Laval resident lost nearly $5,000 after her mailbox was glued shut in a credit card fraud scheme, as police issue warnings about escalating mail theft and scams across Quebec.
A Vancouver man who owes the B.C. regulator $36.7 million has lost his appeal to keep his retirement funds, as the court upholds the forfeiture order.
Gold prices declined by 1.8% following reports of increased U.S. military presence in the Middle East, impacting global markets and investor sentiment.
Financial markets are increasingly pricing in a Federal Reserve interest rate hike by July, amid economic data and policy signals. This move could impact borrowing costs and investment strategies globally.
Bank of Nova Scotia plans to raise its stake in KeyCorp from 14.99% to 19.99% following KeyCorp's $1 billion share repurchase announcement, maintaining their existing partnership.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedFinancial markets are adjusting expectations, pricing in a 75 basis point interest rate increase by the Bank of Canada in 2026, reflecting evolving economic forecasts and monetary policy outlook.
Bank of Montreal is intensifying its U.S. growth initiatives, hiring over 100 bankers, expanding branches, and leveraging AI to achieve a 12% return on equity target by 2027, ahead of schedule.
George Brookman argues that Canada cannot continue demanding services without addressing how to pay for them, highlighting Alberta's deficit and the need for tax reform amid rising costs and infrastructure neglect.
Scotiabank economist Derek Holt warns the Bank of Canada risks repeating past inflation mistakes if it doesn't act on rising energy prices, recommending an 'insurance' interest rate hike.
Amid global uncertainty, central bankers express confusion on interest rates, making predictions unreliable for mortgage planning. Borrowers are urged to focus on personal financial stability instead.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedMoody's has downgraded British Columbia's credit rating for the second time in two years, citing a projected record deficit of $13.3 billion and concerns over fiscal management and spending growth.
Private equity and private debt investments, once delivering exceptional returns with low volatility, are now underperforming public markets significantly as excessive capital inflows have eroded their advantages.
Hanover police report a Saskatchewan woman's credit card was fraudulently used to purchase truck tires, highlighting ongoing financial crime concerns in the region.
Major Canadian banks are making strides in developing standardized metrics to measure climate-related financing, a crucial step for aligning investments with environmental goals and regulatory demands.
Benjamin Tal of CIBC World Markets explains how geopolitical tensions with Iran are influencing the Bank of Canada's monetary policy decisions, keeping interest rates steady despite domestic economic pressures.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedThe Bank of England maintains its key interest rate at 3.75% as escalating conflict in Iran disrupts global markets and fuels inflation expectations, impacting economic stability.