Following widespread concern about the health of the U.S. banking industry, David Rosenberg, the founder and president of Rosenberg Research, said the current liquidity crunch is markedly different from the 2008 financial crisis.

President Joe Biden evoked memories of John F. Kennedy and the final frontier in an address to Parliament on Friday that promised Canada and the U.S. are better as allies on everything from renewable energy and advanced manufacturing to global migration and the opioids crisis.

Economists told BNNBloomberg.ca that the banking crisis to the south and its influence on the U.S. Fed’s monetary policy plans may give the Bank of Canada more confidence in its decision to hold its key interest rate at 4.5 per cent.

President Joe Biden said he was confident U.S. regional banks were in good shape and didn’t forsee any major crises on the horizon, downplaying Wall Street angst and lingering fears of broader financial turmoil.

Overpayments are likely the result of a mistake on your part or the Canada Revenue Agency (CRA). If you don’t amend your returns and the overpayment isn’t returned, you could end up in hot water with the CRA.

Fear is no basis to make rational investment decisions and that is what good investment advisors are telling their clients. As Dale Jackson writes for BNNBloomberg.ca, like in any market turmoil, there are teachable moments that could morph into opportunity.

The aggressive rate at which the Bank of Canada and the U.S. Federal Reserve (Fed) have pursued tightening monetary policy has yet to be reflected throughout the North American economy, one economist is warning.

Canadians’ wages grew more than five per cent year-over-year in February, Statistics Canada reported on Friday, a bigger increase than those recorded in January and December.