Morning Update: Scotiabank CEO calls for federal commission to study long-term economic growth issues

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Brian Porter says Canada needs a national strategy to boost innovation, competitiveness and transition to cleaner energy

Fewer than 1 per cent of applications to Black entrepreneurship fund approved:

The federal government’s Black Entrepreneurship Loan Fund, created as a way to help Black business owners who require capital,MORNING MARKETSand U.S. Treasury yields hit multiyear highs today as investors bet that the U.S. Federal Reserve will couple shrinking of its balance sheet next month with a big interest rate hike to quell decades-high inflation. The STOXX stock index of 600 European companies fell 0.8 per cent, while the MSCI All-Country stock index shed 0.4 per cent.

Most Canadians eventually get around to estate planning and putting their financial affairs in order – even if that often occurs later in life than it should. But creating a last will and testament really needs to involve more than a quick visit to a lawyer’s office for a document signing.

 

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