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Amid higher rates for longer, Canada’s mortgage structure is exacerbating payment shocks: Desjardins
As higher for longer interest rates weigh on Canadians in the housing market Jimmy Jean, Vice-President and Chief Economist at Desjardins says its time to take a look at 10-year mortgage terms. He says longer renewal terms can help alleviate payment shocks for Canadians, but it has to start with an overhaul of our prepayments legislation and improvements to our mortgage securitization ecosystem.
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Видео

Canada is increasingly being seen as a money laundering haven: anti-money laundering expert
Просмотров 9 тыс.19 часов назад
Canada's penalty regime for money laundering is too low, says Matt McGuire, principal and practice leader at The AML Shop, as he discusses TD facing fines and regulatory investigations over alleged money laundering. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: www.bnnbloomberg.ca For a full video offering v...
Lightspeed names Dax Dasilva permanent CEO, puts profit in focus
Просмотров 47020 часов назад
Shares of Lightspeed surged on the companies latest earnings. Andrew Harte, Fintech Analyst, BTIG says between the strong top-line and efficient bottom-line, I don’t think $40 Million in EBITDA will be hard for them to hit at all. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: www.bnnbloomberg.ca For a full v...
Walmart is a long-term winner: Michael Baker
Просмотров 64620 часов назад
Michael Baker, managing director and senior analyst, D.A. Davidson & Co. joins BNN Bloomberg to unpack Walmart's latest earnings, and share why he is bullish on the stock. His price target for the stock is US$69. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: www.bnnbloomberg.ca For a full video offering visi...
Fed and BoC need to be careful not too be too slow when it comes to rate cuts: strategist
Просмотров 3,2 тыс.3 часа назад
Brianne Gardner, senior wealth manager at Velocity Investment Partners at Raymond James, joins BNN Bloomberg for her view on markets near all-time highs. Garner says inflation is getting closer to 2% per cent target, which is boosting investors` appetite for risk assets. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest new...
Strategist bullish on U.S. banks and energy while cautious on big tech
Просмотров 9023 часа назад
Mike O'Rourke, Chief Market Strategist at JonesTrading, joins BNN Bloomberg to discuss his top sectors for investing. O'Rourke advises investors to look for safe places to invest and stay away from really expensive valuations. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: www.bnnbloomberg.ca For a full video...
Governments should push pensions to invest in Canada: head of equity strategy
Просмотров 4413 часа назад
Jeff Weniger, Head of Equity Strategy, WisdomTree Asset Management joins BNN Bloomberg, to discuss why he thinks the "pension war" have arrived. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: www.bnnbloomberg.ca/video BNN Bloomberg on Facebook...
MoneyTalk - Why hybrid vehicles are now driving the energy transition
Просмотров 6813 часа назад
Petrina Gentile, automotive journalist with the Globe and Mail, discusses why hybrid vehicles are gaining in popularity and also profiles a few of the more popular models available. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: www.bnnbloombe...
MoneyTalk - Maximizing your savings once you retire
Просмотров 7263 часа назад
Nicole Ewing, Director, Tax and Estate Planning at TD Wealth, looks at strategies to lower your tax bill once you retire. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: www.bnnbloomberg.ca/video BNN Bloomberg on Facebook: BNNBloom...
MoneyTalk - U.S. hikes tariffs on Chinese goods as trade tensions rise
Просмотров 7713 часа назад
Haining Zha, Vice President and Director, Asset Allocation at TD Asset Management, joins MoneyTalk to discuss U.S. - China trade relations and the implications for China's economy. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: www.bnnbloomber...
More scope for rate cut in Canada in near term: Macquarie Group
Просмотров 10 тыс.3 часа назад
David Doyle, managing director and head of economics, Macquarie Group joins BNN Bloomberg with his insights on the latest U.S. inflation data, and why he changed his views on a potential rate hike after reviewing the April data. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: www.bnnbloomberg.ca For a full vid...
We're hopeful next administration in Mexico takes a more positive view to mining: Orla Mining CEO
Просмотров 4853 часа назад
We retain our position as one of the lowest-cost gold mines in the world, and that results in tremendous free cash flow generation that we can use to grow the business, says Jason Simpson, president and CEO of Orla Mining. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: www.bnnbloomberg.ca For a full video off...
Plenty of work to be done on U.S. inflation, but rate cuts are back on the table: Morgan Stanley
Просмотров 3,8 тыс.3 часа назад
The U.S. CPI report came in a little softer than expectations, but this was a Fed friendly report when you look through to the underlying details, says Andrew Szczurowski, co-head of mortgage and securitized investments at Morgan Stanley Investment Management. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: ww...
Former two-time NBA All Star Baron Davis on turning to investing, philanthropy
Просмотров 2983 часа назад
Baron Davis, two-time NBA All-Star and Host of 'Going Public', joins BNN Bloomberg to discuss his journey as a basketball player to retiring and becoming an investor and philanthropist. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: www.bnnblo...
Google to bring AI into Gmail, docs, sheets
Просмотров 3,2 тыс.3 часа назад
Jim Anderson, CEO of Beacon, joins BNN Bloomberg to discuss Google's annual conference highlighting the tech giant's latest AI updates and efforts. Subscribe to BNN Bloomberg to watch more videos: ruclips.net/user/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: www.bnnbloomberg.ca/video BNN Bloomberg on Faceb...
We are a leader in Asia and continue to see opportunity in that market: Manulife CEO
Просмотров 9813 часа назад
We are a leader in Asia and continue to see opportunity in that market: Manulife CEO
Higher rates, a tailwind for business. Even as rates go down, we will perform well: Manulife CEO
Просмотров 3,8 тыс.3 часа назад
Higher rates, a tailwind for business. Even as rates go down, we will perform well: Manulife CEO
Top strategist on why investors should buy this Utilities ETF
Просмотров 2,2 тыс.5 часов назад
Top strategist on why investors should buy this Utilities ETF
U.S. inflation in line with expectations: instant reaction
Просмотров 2,2 тыс.5 часов назад
U.S. inflation in line with expectations: instant reaction
Dishonest to suggest Canadian capital gains tax will only impact the rich: Eric Jackson
Просмотров 10 тыс.5 часов назад
Dishonest to suggest Canadian capital gains tax will only impact the rich: Eric Jackson
Why you should buy meme stocks
Просмотров 4,5 тыс.5 часов назад
Why you should buy meme stocks
Canada faces a very difficult policy decision when it comes to Chinese EVs: professor
Просмотров 9 тыс.5 часов назад
Canada faces a very difficult policy decision when it comes to Chinese EVs: professor
The Fed is most worried about a wage inflation spiral: U.S. rates strategist Ian Lyngen
Просмотров 1,8 тыс.5 часов назад
The Fed is most worried about a wage inflation spiral: U.S. rates strategist Ian Lyngen
Bitcoin will probably trade between $55k and $73k until next catalyst: Galaxy Digital CEO
Просмотров 1,1 тыс.5 часов назад
Bitcoin will probably trade between $55k and $73k until next catalyst: Galaxy Digital CEO
Canada's restaurant industry is teetering, but our chef's are resilient: Canada’s 100 Best
Просмотров 6 тыс.5 часов назад
Canada's restaurant industry is teetering, but our chef's are resilient: Canada’s 100 Best
I don't see Loonie dropping to 50 cents next year: portfolio manager
Просмотров 9 тыс.5 часов назад
I don't see Loonie dropping to 50 cents next year: portfolio manager
Avoid meme stocks with a thousand foot pole: portfolio manager
Просмотров 1,8 тыс.5 часов назад
Avoid meme stocks with a thousand foot pole: portfolio manager
Canada should already be cutting rates: Wellington-Altus' Jim Thorne
Просмотров 29 тыс.8 часов назад
Canada should already be cutting rates: Wellington-Altus' Jim Thorne
I’m worried about Nvidia in the long-term, demand decline may be inevitable: analyst
Просмотров 2,1 тыс.8 часов назад
I’m worried about Nvidia in the long-term, demand decline may be inevitable: analyst
The S&P 500 is likely to hit new record highs this summer: strategist
Просмотров 4,4 тыс.8 часов назад
The S&P 500 is likely to hit new record highs this summer: strategist

Комментарии

  • @elijahrobertscinema6351
    @elijahrobertscinema6351 Час назад

    Its funny how we allow the banks to have s monopoly, we back their mortgages, and if we ask them to treat us fairly they laugh in our faces. The entire fucking system is rigged against us.

  • @michaelurban1937
    @michaelurban1937 Час назад

    Canada is a world known as dirty drug money laundromat .Travel abroad and you will hear about our lack laws for criminals in Canada by others who know. Fentanal dumped on west coast. Buys huge real estate deals.

  • @michael2275
    @michael2275 Час назад

    Trudeau economy only favours debt ponzis, crime and money laundering. Trudeau's Canada.

  • @LJC370
    @LJC370 Час назад

    And in other news, water is wet and many individuals are certified stupid!

  • @e_valley2707
    @e_valley2707 Час назад

    Without including Morgan Stanley's issues this segment seems worthless.

  • @michaelshih8163
    @michaelshih8163 Час назад

    Money laundering is rampant. How do you explain the multi-million dollar prices of homes in Markham and Richmond Hill? Money, illicit money, brought in by the Asian immigrants.

  • @Do-not-be-sheep
    @Do-not-be-sheep Час назад

    It's not a difficult decision at all. A significant portion of Canada's economy and federal revenue is dependent on our domestic automotive industry. The only reason these vehicles are $10,000 is because they are being sold below the cost of production in the west - it's called dumping and is illegal. If you were foolish enough to buy a chinese EV then what you will find out quickly is that they will break down frequently and repairs (now that you own the vehicle) will cost more than the new vehicle. China's strategy is they same as printer manufacturers who sold their inkjet printers below cost because they made an enormous profit on in cartridges. But if the economic reasons don't convince you then consider human rights violations (Uyghur genocide), military aggression towards all of the neighbours, the use of North Korean slaves, child labour in their african mines, illegal trade practices, global environment destruction (China produces more carbon (13 trililion tonnes) than all the g20 nations combined from their 3000+ coal fired generating stations which increases annually by the same amount of carbon that Canada produces annually (500 billion tonnes per year))

  • @andrewmccoll1582
    @andrewmccoll1582 Час назад

    Just the way Trudeau likes it

  • @Icecold0505
    @Icecold0505 Час назад

    Crime pays in Canada

  • @kylechristofferson349
    @kylechristofferson349 2 часа назад

    4 cuts? Good luck! I’ve been saying it for over a year… rates should stay where they are at for a while longer

  • @unbuzzd
    @unbuzzd 2 часа назад

    Stability in Financial Markets: Money laundering, despite its illegal nature, can contribute to a semblance of stability in financial markets. In some cases, illicit funds from illegal activities like drug trafficking or corruption are injected into legitimate businesses or investments, which can artificially prop up asset prices or stimulate economic activity. This injection of "dirty money" can sometimes provide a buffer against economic downturns or market volatility, especially in sectors such as real estate or luxury goods. Without this influx of illicit funds, certain industries may experience destabilization, leading to fluctuations that could adversely affect overall economic stability.

  • @glennkings566
    @glennkings566 3 часа назад

    The banks are handing out GIC's at 5.5% for a year. They wouldn't be offering that if they thought rates were going to come down anytime soon. This interest rate is the new normal, or higher. You would also have to keep the house you bought for ten years or will be paying extreme penalties if you sell before renewal.

  • @Mariagreta-gv9le
    @Mariagreta-gv9le 3 часа назад

    increasing in rate resuliting to high inflation The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

    • @SofiaDiego-
      @SofiaDiego- 3 часа назад

      Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

    • @RomeroCarmen-4
      @RomeroCarmen-4 3 часа назад

      Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

    • @danutalucia
      @danutalucia 3 часа назад

      I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

    • @RomeroCarmen-4
      @RomeroCarmen-4 3 часа назад

      Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @AlvarezDanuta
      @AlvarezDanuta 3 часа назад

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @donm2067
    @donm2067 3 часа назад

    We knew that 10 years ago wtf.

  • @dsbarclayeng1
    @dsbarclayeng1 3 часа назад

    TD is a criminal organization. Canada is the go-to place for money laundering.

  • @dsbarclayeng1
    @dsbarclayeng1 3 часа назад

    Gasoline prices are Not determined by crude oil prices. Its decided by price-fixing between refineries via 'co-producer agreements'.

  • @lombo5293
    @lombo5293 3 часа назад

    Money laundering happening for decades in Canada. That's why we cant buy houses for these foreign black accounts.

  • @dsbarclayeng1
    @dsbarclayeng1 3 часа назад

    In the US they have fixed interest rate for up to 20 years. The Banks here want to fleece you every five years.

  • @purethinking269
    @purethinking269 3 часа назад

    Hey bnn, talk to Sam Cooper on money laundering. Who edited the beginning of this video?

  • @MrMannyhw
    @MrMannyhw 3 часа назад

    Increasing? It’s always been since the 2000s. Money laundering heaven.

    • @himura357
      @himura357 Час назад

      Exactly. All these muppets can do is blame the sitting PM but it's been going on for decades. You have a system that allows for unlimited bidding and then wonder how things could go wrong.

    • @MrMannyhw
      @MrMannyhw Час назад

      @@himura357 JT definitely made it more visible. SH was on board but gave enough carrots for us not to notice. JC period definitely our economy was eroded.

  • @peej91
    @peej91 3 часа назад

    Is that a threat Bloomberg?

  • @rtorcato
    @rtorcato 4 часа назад

    is there a link to TD's massive fentanyl money laundering scandal and the NDP/Liberal push to decriminalize drugs across Canada???

  • @BnMProductions11
    @BnMProductions11 4 часа назад

    Rate cuts shouldn't happen. Enough of this free debt bs. It's half the reason we're in this mess.

  • @Koolguy1986
    @Koolguy1986 4 часа назад

    Image the pre payout for that $150,000 penalty sir 😂

  • @bathombre9739
    @bathombre9739 4 часа назад

    Canadians don't care until daddy government tells them what to care about

  • @bretthagey7916
    @bretthagey7916 4 часа назад

    EV is tech. Canadian auto is finished. Canada has no tech strategy which is why the Anglo American car industry is done.

  • @np9620
    @np9620 4 часа назад

    I'm confused... Invest in what in Canada? There is absolutely no innovation in this country. Canada has not at all been business friendly for almost a decade. The only dominant assets here are the big banks. Our economy is dead in the water, we have a major housing crisis, our taxes are far too high and our population is quite broke. The ROI in US and international markets is much higher even on bad days. IF Canadian leadership at all levels pivot now and implement business & innovation friendly policies such as the US, perhaps this conversation about investing more in TSX can be rehashed a 100 years from now... because thats how long its likely going to take to turn ourselves around from the current situation.

  • @theoffspring07
    @theoffspring07 4 часа назад

    I gave Trudeau the benefit of the doubt back in 2015. I figured we should give him a chance but he has been a horrible Prime Minister. If he isn't kicked out soon than Canada will be too far gone. This is coming from someone who use to vote Liberal/NDP

  • @jasmy-canada
    @jasmy-canada 5 часов назад

    Anyway! Money laundering are now all in housing market and nobody did anything after the news reported that it was easy to do.

  • @RahulPatel-xd8qm
    @RahulPatel-xd8qm 6 часов назад

    Country with highest money laundering has highest house prices and inflation. Example: Pakistan

  • @philipwong895
    @philipwong895 7 часов назад

    When the US buyer imports goods subject to tariffs from China, they pay the tariff to the US government. This cost and any markup are typically passed on to the end consumer, meaning consumers ultimately bear the burden of tariffs through higher prices. The Chinese seller, however, does not directly pay the tariff; the importer in the US bears that responsibility. China does not suffer the consequences of tariffs. The US consumers are being punished by having to pay higher prices.

  • @tlll8590
    @tlll8590 7 часов назад

    The PM Trudeau cannot explain the money flow of his family WE charity. Not surprise Canada deteriorating. This is only one of them.

  • @angelastewart9497
    @angelastewart9497 7 часов назад

    Lies

  • @zinithin-8208
    @zinithin-8208 8 часов назад

    People knew the risks of buying a bunch of sticks (a home) for a million dollars at record low interest rates. They knew rates could rise and gambled, now time to pay the piper.

  • @zinithin-8208
    @zinithin-8208 8 часов назад

    Canada is backwards compared to the USA when it comes to mortgage fixed rates. That being said, it’s the governments fault for why homes are so expensive. Poor policy choices and unrestrictive government spending causing a doubling of the money supply in two years. Allowing 5% downpayment and CHMC insurance is a mistake, it causes inflationary pressure by increasing demand.

  • @muffinman1
    @muffinman1 8 часов назад

    Pretty spot on forecast, writing this in May 2024.

  • @user-oy3bd9vp5p
    @user-oy3bd9vp5p 8 часов назад

    imagine the public transit infrastructure the wasted ukraine money could have built. why are you still voting liberal

  • @supermash1
    @supermash1 8 часов назад

    Canada is just embarrassing now. Incompetent with a profoundly stupid electorate.

  • @hilwaamanamankiyar-pp5bf
    @hilwaamanamankiyar-pp5bf 8 часов назад

    EMHSG20/5/6/6

  • @user-oy3bd9vp5p
    @user-oy3bd9vp5p 9 часов назад

    nobody can predict the future. this lesson we are about to learn may teach us to pay closer attention to the quality of people we elect to spend our tax money

  • @JACKIE19974
    @JACKIE19974 9 часов назад

    Biden’s becoming McCarthy. He’s going way too far with it. This is gonna damage those people trying to use 401k and Roth and other ways to just retire or get a life. This is insane.

  • @nancy-uo4ib
    @nancy-uo4ib 10 часов назад

    I finally stumbled upon this treasure! Subscribed, and I'm eager to follow your path to success! ♦ "Each challenge you conquer brings you one step closer to your goals."

  • @markdudley1727
    @markdudley1727 10 часов назад

    Anyone should be able to look up a number company and see who is behind the company!

  • @A__SB
    @A__SB 11 часов назад

    Candian banks should be banned in the US. They are hub of illegal gotten terror, Chinese , and arab money that they use to prop up Candian RE. It is a myth that Candian financial institutions are robust.

  • @Observer168
    @Observer168 11 часов назад

    Canada doesn’t have a housing crisis. Only desirable areas like Vancouver and Toronto are expensive. Canada is full of affordable cities that people have overlooked. Winnipeg is still very affordable compared to Vancouver. You can still buy a brand new 3 bedroom 2 bathroom townhome for under 500k. Leaves you plenty of money for a nice SUV for the cold winters.

    • @zinithin-8208
      @zinithin-8208 8 часов назад

      False, this used to be the case. The contagion spread to everywhere. Small rural towns have new homes listed for a million loonies now. 500k at 7% interest is really high for housing costs, considering that homes a decade ago were half or even less than that at a lower interest rate. 500k is not affordable for two people at a median Canadian wage.

  • @haw286
    @haw286 11 часов назад

    The capital gains tax will not only impact the rich, but also a lot of seniors boomers, who bought douplexes and triplexes, now retired will see their retirement sa inns when downsizing melt away! I an the prime example of that category and am terrified at the prospect!

  • @Krekalauck
    @Krekalauck 12 часов назад

    Because the Su7 and 9 ..I'm blonde and blue Canadian, a Chinese firm used me as employee zero..

  • @mokka.australia
    @mokka.australia 12 часов назад

    Maybe gold will even hit $5000 and stick around that mark like bitcoin or even 10k

  • @richyrich3285
    @richyrich3285 12 часов назад

    No, they shouldn't. Pensions should invest where they will get the highest return for the lowest risk. That's their fiduciary duty.

  • @vikingstrong5772
    @vikingstrong5772 13 часов назад

    You guys are so slow you made my turtle fall asleep 😴