56+ min ago (430+ words) Malls across the country are packed with people as Canadians venture out for Black Friday sales. Discounts have been rolling out for weeks, as the once one-day shopping event has stretched into a month-long cycle of promotions. A new survey from BMO found that three-in-five Canadians plan to adjust their holiday spending amid tariff concerns and the rising cost of living. Nearly half of respondents said holiday sales and discounts prompt them to spend more, or purchase more gifts, than they initially intended. "Most shoppers today " are going to be spending, or they anticipate spending at least about what they spent last year," he said in an interview with CTV News Channel Saturday. "But of course, the challenge is, things are decidedly more expensive this year, and so shoppers are really on the hunt for bargains." Retail analyst Liza Amlani…...

1+ day, 17+ hour ago (185+ words) HOUSTON " U.S. demand for natural gas to be turned into LNG surpassed 19 billion cubic feet on Friday, keeping gas usage at a record-high level for the third straight day, according to preliminary data from financial firm LSEG. The U.S. is the world's largest exporter of liquefied natural gas. The record usage has been led by the two largest U.S. exporters, with Cheniere's Sabine Pass plant in Texas pulling 5.1 bcf on Friday and Venture Global's Plaquemines plant in Louisiana continuing its ramp-up, pulling 4.2 bcf on Friday, LSEG data show. U.S. LNG natural gas demand averaged less than 12 bcf per day in 2024, and this year's increase has been driven mainly by the ramp-up of Plaquemines, which started production in the last week of 2024 and is now processing over 4 bcfd, LSEG data show. U.S. LNG output and demand for natural gas usually increase in the cooler months as…...

1+ day, 18+ hour ago (498+ words) Ontario is appointing an administrator to assume control of the province's real estate regulator in the wake of its handling of the iPro Realty scandal. Minister of Public and Business Service Delivery and Procurement Stephen Crawford confirmed the takeover of the Real Estate Council of Ontario in a letter that was sent to its CEO and the chair of its board on Friday. He named Jean L'pine as the administrator who will take over RECO as of Dec. 1. "Over the past 3 months, I've heard from consumers, boards, realtors & brokers who've lost confidence in Ontario's real estate regulator.," Crawford said on social media. "Our government is taking action to restore trust and to protect Ontarians." RECO found on May 19 that the co-founders of iPro Realty allegedly used about $8 million from trust accounts that were meant to be used for down payments…...

1+ day, 22+ hour ago (565+ words) U.S. stock index futures were frozen on Friday after an outage at CME Group brought trading in currencies, commodities and equities futures to a standstill around the world, leaving investors flying blind ahead of a shortened trading session. CME, the world's largest exchange operator, first posted about the outages at 9:40 p.m. ET on Thursday on its website and said the problem was a cooling issue at its CyrusOne data centers. CME's stock futures offerings linked to the S&P 500, the Nasdaq 100 and the Dow Jones Industrial Average are typically heavily traded before U.S. markets open, with investors relying on them to gauge trends and directions. All of them showed their last trade at 09:44 p.m. ET on Nov. 27. "Beyond the immediate risk of traders being unable to close positions - and the potential costs that follow - the incident raises broader concerns about reliability," said Axel Rudolph,…...

2+ day, 13+ hour ago (591+ words) As markets wobble after a powerful run-up, worries about stretched valuations, a potential AI bubble and an uncertain economic outlook have dominated the headlines. Against that backdrop, it's helpful to know which stocks the world's top investment professionals actually want to own right now. To answer that, we were joined on the Ticker Take YouTube channel by Jordan Novak, Managing Partner at Brendan Wood International (BWI). Brendan Wood has long been known for its painstaking, old'school approach of finding out what the smart money is doing. BWI's "Top Gun" portfolio consists of roughly two dozen stocks (out of a pool of roughly 1,400 companies) that stand out as best-in-class, based on more than 2,000 interviews with global institutional investors across the globe. Most importantly, this list identifies stocks that world-class investors feel very comfortable holding for at least the next 12 months. Here…...

2+ day, 16+ hour ago (593+ words) TORONTO " Ontario Premier Doug Ford says his government has signed a deal with another First Nations community to allow a road that will provide eventual access to the mineral-rich Ring of Fire area. "Countries and businesses around the world are competing for these critical minerals, and Ontario has what the world needs," Ford said at a news conference with officials from Marten Falls First Nation Thursday. "Unlocking and refining critical minerals here in Ontario will add $22 billion to our economy, create 70,000 new jobs and protect our province's economy." Marten Falls First Nation is about 430 kilometres northeast of Thunder Bay, Ont. The community currently has limited access to the outside world, with no year-round road The deal will provide up to $39.5 million for important community infrastructure, as well as supporting the construction and planning of the Marten Falls Community Access Road…...

3+ day, 14+ hour ago (277+ words) NEW YORK -- Food giant Campbell's has dismissed as "absurd" claims allegedly made by a senior executive, who has since been placed on leave, that its soups are made with "3D-printed" chicken and consumed by "poor people." The company said Martin Bally, a vice-president and chief information security officer, had been put on temporary leave pending an investigation, after an employee lawsuit accused him of making racist comments and denigrating Campbell's products during an hour-long, expletive-laced rant. The employee, Robert Garza, said the comments were made in a conversation he secretly recorded and later shared with a local media outlet in Michigan. "Bioengineered meat -- I don't wanna eat a piece of chicken that came from a 3-D printer," he reportedly says. Garza, who charges the company fired him for reporting the rant, said Bally also called Indian employees "idiots" and stressed…...

3+ day, 19+ hour ago (404+ words) Shares of Best Buy climbed after the retailer raised its full-year guidance, bolstered by strong demand for computing equipment, mobile phones and gaming. The results mark its best comparable-sales performance since the pandemic, supported by a broad tech-replacement cycle. BNN Bloomberg spoke with Michael Baker, managing director and senior research analyst at D.A. Davidson & Co., who said renewed momentum in PCs, gaming and even TV units signals a meaningful turn in consumer electronics demand, though he cautioned the holiday outlook remains challenged by softer U.S. consumer sentiment. Read the full transcript below: MERELLA: Shares of Best Buy are trading higher today after the company raised guidance for the current fiscal year. This quarter's upbeat results show Best Buy has reversed a revenue slump that lasted from 2022 until May. Michael Baker joins us now, managing director and senior research analyst at D.A. Davidson & Co....

3+ day, 20+ hour ago (441+ words) CTV News is reporting Prime Minister Mark Carney will announce measures today to help the Canadian steel and lumber sectors. Multiple reports suggest more financial aid will be announced for both ... The Daily Chase: Feds to help lumber and metals sectors Here are five things you need to know this morning Feds to help lumber and metals sectors: CTV News is reporting Prime Minister Mark Carney will announce measures today to help the Canadian steel and lumber sectors. Multiple reports suggest more financial aid will be announced for both industries. The move comes as steel, aluminum and lumber sectors continue to deal with high tariff rates imposed by U.S. President Donald Trump. Carney is also expected to announce the framework for a new pipeline that would run from Alberta to Canada's west coast. Brookfield down under deal: Brookfield Asset Management and…...

4+ day, 4+ hour ago (297+ words) The U.S. healthcare sector has significantly lagged the broader market over the past decade, and one value investor says that slump is now creating compelling opportunities. Years of pressure on managed-care margins and a cyclical slowdown in clinical research have left several companies trading below their long-term earnings potential. BNN Bloomberg spoke with Alex Fitch, partner, portfolio manager and director of U.S. research at Harris Associates, who outlined where he sees mispriced value emerging and why he believes the sector is positioned for recovery. Read the full transcript below: ANDREW: We're tight for time. Molina Healthcare " what draws you to this one? ANDREW: Okay, so another health insurer or managed-care name. And then finally, a very different company. I always forget how to pronounce it " is it IQVIA? They're a health-data provider? ALEX: IQVIA is a bit of a different animal than…...