Too much TSX? Vanguard says Canadians need foreign stocks to cut risk

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commentingThe Bank of Canada's move to come off the sidelines after a five-month pause has sent a signal that some economic pain will be needed to tame stubborn inflation, leading investors to raise bets on a hard landing for the economy.

That could mean the economy becomes more sensitive to increased borrowing costs just as consumers start to feel the effects of the Bank of Canada's latest rate hikes.CALGARY — The Alberta government says it ended the 2022-23 budget year with a petro-powered $11.6 billion surplus, up from its third-quarter estimate of $10.4 billion. It's a positive report, Finance Minister Nate Horner said in a statement Thursday.

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Tech and energy stocks lift S&P/TSX composite, U.S. stock markets mixedCanada's main stock index posted modest gains Wednesday as strength in energy and technology, among other sectors, helped outweigh weakness in base metals, while U.S. markets were mixed.
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