John Shmuel
Reporter, Financial Post, National Post
- Business and Finance, Canada
- Toronto, Ontario
- • Website
About
Reporter for the @financialpost, business section of the @nationalpost. Write about investing and economics. Based in Toronto. (Sorry for all the Husky photos.)
Twitter Feed
1,118
followers 2,494
tweets 
RT @bespokeinvest: Nasdaq has been positive in 15 out of the last 20 weeks. Best weekly winning percentage (75%) since April 2012.
Telus announces it will buy Mobilicity for $380-million: bit.ly/183KTbV
Mobilicity to be bought by Telus Corp in $380-million deal
business.financialpost.com — TORONTO - Telus Corp, one of Canada's biggest wireless telephone companies, said it will pay C$380 million ($370 million) to acquire Mobilicity, a recent entrant to the industry which helped force prices down but failed to draw many customers.
Not a new argument, but C.D. Howe report says low interest rates fuelling "risky investment" decisions and encouraging asset bubbles. #BoC
New C.D. Howe report says Bank of Canada should start raising interest rates now; low rates creating "pervasive problems for economy."
Canadian manufacturing sales down 0.3% to $49.5-billion in March, the third decline in four months.
HSBC to cut up to 14,000 jobs as it seeks $3-billion in annual savings by 2016: reut.rs/1414OXm
HSBC targets additional $2-3 billion cost savings by 2016
uk.reuters.com — HONG KONG (Reuters) - HSBC (HSBA.L) said on Wednesday that it would target additional cost savings of 1.3 billion pounds ($2 billion) to $3 billion in 2014-2016, as Europe's biggest bank cuts jobs and sells noncore businesses to bolster profitability under a restructuring plan led by CEO Stuart Gulliver.
Eurozone recession extends to a record sixth quarter, but stock markets don't seem to care: bit.ly/181dxKM
Eurozone recession extends to record as Germany cools
business.financialpost.com — Draghi is trying to be transparent and tell the market that any sort of weak data would give them the ECB scope to cut again, and certainly that's the way the market is trading The euro-area economy shrank more than economists forecast in the three months through March, extending a recession to a record sixth quarter and increasing pressure on the currency bloc's leaders to spur growth.
CHMC changes will allow it to operate as "the significant financial player" it has become in the last decade: bit.ly/11f0FBz
Mortgages & Real Estate
business.financialpost.com — Canada Mortgage and Housing Corp., the country's national housing agency, is finally on the path to being operated like a significant financial player which it has morphed into during the past decade.
Good read from @gisfeld over the weekend: Is there still room for Tiff Macklem at the Bank of Canada? bit.ly/15f9Cwj
Bank of Canada: Is there room at the top for Tiff Macklem?
business.financialpost.com — OTTAWA * With a long learning curve ahead of him, Stephen Poloz will need to turn to the Bank of Canada's No. 2 policymaker for support when he takes the helm in June.
Stephen Poloz made some interesting comments 16 years ago about monetary policy and inflation (bottom of story): bit.ly/18pgMNh
Dark clouds to greet Stephen Poloz’s first day at his dream job
theglobeandmail.com — It was Labour Day, 1981, and Stephen Poloz was in bind. A PhD student in his mid-20s, Mr. Poloz was due to start a full-time job at the Bank of Canada the next day - but suddenly realized he'd come to Ottawa without a tie. Everything was closed.Sign up to discover more journalists who cover Business and Finance, Canada and more.
Create An AccountShare This Profile
