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Guy Cormier, president and CEO of Desjardins Group, joins BNN Bloomberg to discuss struggles for Canadians and businesses amid higher rates, alongside his economic outlook. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Dennis Mitchell, CEO and chief investment officer at Starlight Capital, joins BNN Bloomberg to discuss his expectations for the BoC's upcoming rate decision. Mitchell also discusses housing supply issues, mortgage renewals and the Canadian economy. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Roughly 1.4% of Canada’s housing stock is listed on short-term rental sites. And as Canada faces a housing crisis, Randall Bartlett, Senior Director of Canadian Economics at Desjardins says adding restrictions to short-term rentals in Canada could help to alleviate the problem. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
As investors anticipate rate cuts in 2024. Phillip Colmar, managing partner and global strategist at MRB Partners, warns about levels of debt in Canada. He adds time will work against the Canadian economy if mortgage rates do not fall sharply. A crisis is already building and will escalate next year. He likes U.S. banks, health care, defence and aerospace. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Barry Schwartz, chief investment officer and portfolio manager at Baskin Wealth Management, shares if a cut in mortgage and interest rates could help the big six. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Jeffrey Christian, managing partner at CPM Group, joins BNN Bloomberg to talk about thousands of trades that drove gold prices to record highs overnight. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Bloomberg News' Christine Dobby, joins BNN Bloomberg to discuss the wave of Canadian mortgages set to renew, with loans totaling $900B set to renew from 2024-2026. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Top Picks in various stocks with this week's Market Call guests. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
John Shmuel, managing editor with RATESDOTCA, joins BNN Bloomberg to discuss the latest survey results from RATESDOTCA., on housing. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
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How are stressed households dealing with high rates? Benjamin Tal, deputy chief economist, CIBC. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Barry Fenton, president and CEO of Lanterra Developments, joins BNN Bloomberg to talk about housing starts in Canada. he says he thinks We'll see numbers come down in the next quarter. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Gord Nixon, former chief executive at RBC, joins BNN Bloomberg to talk about the economy, road ahead for interest rates and why Canada is struggling to attract foreign investment. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
The CEO and chief investment strategist of Waddell & Associates, David Waddell gives us an overview of the markets on BNN Bloomberg. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, joins BNN Bloomberg to discuss why the price of crude is below US$80/bbl. He reminds the audience that demand for crude continues to grow. Furthermore, he discusses earnings from Suncor, calling quarterly profit "phenomenal". Additionally, he looks at consolidation in Canada's energy sector with Crescent Point buying Hammerhead. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Taking a realistic look at Canada's housing crisis and the 3.5 million more units needed to restore affordability, Greg Kalil, founder and managing partner of Stormont Partners says it is obvious we won’t hit our housing targets by 2030, and simply not having enough money is one of the many reasons holding us back. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Goldy Hyder, president and CEO of the Business Council of Canada, and Rona Ambrose, deputy chair at TD Securities and former interim leader of the Conservative Party, join BNN Bloomberg to discuss the fall fiscal update, that shows the federal government borrowed more, and added billions in spending. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Colin Cieszynski, chief market strategist at SIA Wealth Management, joins BNN Bloomberg to talk about how this time investors may focus on loss provisions and capital markets could struggle. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Eric Green, portfolio manager at Authentic Asset Management, discusses the market's optimism for rate cuts in 2024 and shares how he's hedging against a potential downturn in the markets. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Paul Harris, partner and portfolio manager at Harris Douglas Asset Management, joins BNN Bloomberg to discuss Canadian bank earnings. He says at current valuations Canadian banks are worth buying. He says rarely have you seen the banks down two years in a row, which should set them up for a good 2024. Harris adds the banks continue to maintain high capital levels and have room to increase dividends and buy back shares. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Andrew Kelvin, head of Canadian and global rates strategy at TD Securities, joins BNN Bloomberg to talk about some big economic drivers this week. Kelvin says it's a tricky situation for the Federal government as it battles high debt servicing costs amid calls for fiscal prudence. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Ron Butler, mortgage broker at Butler Mortgage, joins BNN Bloomberg to discuss challenges facing Canadians in the housing market amid higher rates. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Royce Mendes, managing director and head of macro strategy at Desjardins, joins BNN Bloomberg to discuss reasons why the BoC will need to cut rates before the Fed. Mendes highlights we will need to see the unemployment rate above 6% and the headline inflation rate below 3% to see cuts from BoC. He adds the central bank would need to keep cutting in 2025 as the real pain for Canadians will begin in the middle of that year amid mortgage renewals. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Brendan Caldwell, president and CEO of Caldwell Investment Management, joins BNN Bloomberg to share his insights on the Canadian banking sector in anticipation of major banks' upcoming earnings announcements. He notes that consumer mortgage refinancing and higher interest rates are leading him to favor U.S. banks over Canadian ones. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss his view on the markets following mixed economic data out of the U.S. Schamotta says markets now expect 4 rate cuts from the Fed VS. 3 from the BoC by the end of 2024, which will provide some short-term relief for the Canadian dollar. Schamotta also talks about weakness for the loonie at some point in 2024 on economic weakness. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
David Rosenberg, founder & president of Rosenberg Research and Ed Devlin, founder of Devlin Capital, senior fellow at C.D. Howe Institute and former head of Canadian portfolio management at PIMCO, join BNN Bloomberg to discuss their economic outlook. They say that even as many believe a soft landing is still accomplishable there are some metrics suggesting the economy is already in a recession. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Peter Bethlenfalvy, Ontario's Finance Minister, joins BNN Bloomberg to discuss the Province's fall economic statement. Highlights include the widened deficit to $5.6B for fiscal 2023-24, and the proposed launch of a new Ontario Infrastructure Bank. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Philip Petursson, chief investment strategist at IG Wealth Management, joins BNN Bloomberg to discuss his market outlook as investors eye the end of rate hikes. Petursson says the TSX is in a recession, which could affect some sectors such as consumer discretionary. However, he reminds the audience that the TSX is globally driven and given signs of recovery in global markets, the outlook for our benchmark is not as negative as some would expect. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Jean-François Perrault, senior vice-president and chief economist at Scotiabank and David Doyle, Head of Economics at Macquarie Group, join BNN Bloomberg to discuss the October CPI report. Canada’s inflation rate slowed to 3.1% in October, in line with expectations, down from 3.8% in September. Perrault calls it a "comforting" report that solidifies the case for no further action from the BOC. He expects a rate cut in the summer of 2024. Doyle meanwhile, expects easing in the second half of 2024. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Beata Caranci, chief economist at TD Bank, joins BNN Bloomberg to react to the Bank of Canada holding rates steady for the second time in a row. Caranci says the BOC will have to sacrifice economic growth to get inflation back to target and to attain credibility. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Randall Bartlett, senior director of Canadian economics at Desjardins, joins BNN Bloomberg to discuss his new report that explores immigration and Canada's housing market. A prospective ramp up in immigration has sparked the debate weather Canada can handle higher flows of newcomers in the midst of a housing crisis. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
John Fincham, broker at Re/Max Parry Sound Muskoka Realty, joins BNN Bloomberg to discuss the Ontario cottage market. He says that many cottage owners who bought during the pandemic are now struggling to unload those properties. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Phillip Colmar, managing partner and global strategist at MRB Partners, joins BNN Bloomberg to discuss Canada's latest GDP that signals the economy is going into a technical recession. Colmar says he is not surprised about it given the household sector has excessive debt, the housing market is overleveraged and in a bubble. Furthermore, he raises concerns of where the economy could go from here. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Royce Mendes, managing director and head of macro strategy at Desjardins, joins BNN Bloomberg to discuss the path ahead for the BoC amid mortgage renewal risks. Mendes says Canada Mortgage Charter will offer little support to the majority of mortgage holders. Mendes also expects the biggest mortgage payment shock will be felt in 2025 and 2026. Furthermore, he forecasts a mild recession next year. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Dawn Desjardins, chief economist at Deloitte Canada, joins BNN Bloomberg to talk about slowing in job gain in October. She says there're signs that wage growth is also decelerating slightly. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Grant Bazian, president of MNP Ltd., joins BNN Bloomberg to discuss the 'Inflation Isolation' affecting Canadians. A survey by the debt management firm found that amid higher inflation and rising costs half of respondents are staying home more often to save money, and about a third are socializing less. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Robert Hogue, assistant chief economist at RBC Economics, joins BNN Bloomberg to discuss the fall fiscal update where housing affordability was a dominate theme. He says these measures put us on the right track but we can’t expect a quick improvement, the supply side will take some time to have full effect. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Today's jobs data came in higher than expected. However, Dawn Desjardins, chief economist at Deloitte Canada, tells BNN Bloomberg this number doesn't change the current economic outlook. She also discusses the impact of immigration on the job market and how job creation is not keeping up with immigration growth. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
Ron Butler, mortgage broker at Butler Mortgage, says if there is a fear of recession on the horizon, consumers won't buy a new home. He says they are reluctant to commit to what may be the biggest financial commitment of their lives if they have employment concerns, and he adds that high mortgage rates continue to weigh on the housing market. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
David Burrows, president and chief investment strategist at Barometer Capital Management, joins BNN Bloomberg for his take on the markets. Burrows is quite bullish on dividend growers like CNQ and energy names such as Imperial Oil. He also likes a big U.S. bank like JPMorgan but adds he is staying away from Canadian banks as he sees more headwinds in the near-term. Subscribe to BNN Bloomberg to watch more videos: 🤍 Connect with BNN Bloomberg: For the latest news visit: 🤍 For a full video offering visit BNN Bloomberg: 🤍 BNN Bloomberg on Facebook: 🤍 BNN Bloomberg on Twitter: 🤍 BNN Bloomberg on Instagram: 🤍 BNN Bloomberg on LinkedIn: 🤍 BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
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