Andy Hoffman and Paul Waldie report from the Globe and Mail. They discuss the end of Oprah's reign on network television and what it will mean for the bottom lines of American broadcasters, and other top stories, with Michael Hainsworth.
The global economy is growing, but weak employment and consumer spending in the West remain a risk, as do the duration of government stimulus packages. BNN speaks to James Huggan, chief investment officer, HSBC Global Asset Management (Canada), who explains that defensive plays are starting to look good again.
Economists and money managers were paying close attention to Finance Minister Jim Flaherty's talk today at Toronto's Canadian Club for any clues about the next budget, stimulus spending and future monetary policy. BNN speaks to Avery Shenfeld, chief economist, CIBC, who walks us through the minister's comments.