UPDATE 1-AIG's general insurance unit chair David McElroy to retire from May 1

Barrons.com
DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’
The SEC charges the company’s auditing firm BF Borgers CPA and its owner Benjamin Borgers with ‘massive fraud.’
The Independent
Accounting firm used by Trump Media hit with ‘massive fraud’ charge
Fraud alleged to have impacted upwards of 500 public companies, according to Securities and Exchange Commission
Reuters
US stands to lose Canadian natural gas when LNG Canada terminal starts up
The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said. Shell-led LNG Canada has begun testing its C$40-billion British Columbia terminal ahead of commercial operations starting in mid-2025. The terminal will process up to 2 billion cubic feet per day (bcfd), representing 11% of current Canadian gas output.
Yahoo Finance Canada
Galen Weston calls Loblaw boycott 'misguided criticism', says grocer not responsible for higher prices
"Their frustration is understandable, but this kind of expectation betrays a misunderstanding of what's actually driving food prices higher in this country."
Bloomberg
Trump Media’s Accounting Firm Accused of Fraud, Fined $14 Million
(Bloomberg) -- The Securities and Exchange Commission accused the auditor of Donald Trump’s social-media company of massive fraud affecting hundreds of companies and more than 1,500 regulatory filings.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventApple Rallies Most in 18 Months on Upbeat Forecast, BuybackTrump Auditions VP Picks Before Wealthy Donors in Palm BeachHuawei Secretly Backs US Researc
The Canadian Press
TD worst-case scenario more likely after drug money laundering allegations: analyst
TORONTO — TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits. National Bank analyst Gabriel Dechaine said in a note that the worst-case scenario of the multiple U.S. investigations TD faces needs reassessing after the Wall Street Journal reported the link on Thursday. The newspaper said the U.S. Justice Department investigation is focused
GOBankingRates
Kevin O’Leary: The Money Is ‘Not in Bitcoin’ — Here’s What You Should Invest In
Cash flow. If you're a fan of "Shark Tank" or follow Kevin O'Leary, you've likely heard him talk about the importance of cash flow. In a recent video he posted to LinkedIn, O'Leary spoke again about...
Financial Post
Killer TD variable rate mortgage could be sign of better deals to come
Robert McLister: Offer is 101 basis points lower than Canada's benchmark prime rate of 7.2%, but bank appears to be playing coy with this sizzling discount
The Canadian Press
TD Bank hit with $9.2M penalty after failing to report suspicious transactions
TORONTO — Canada’s financial-crime watchdog has levied a $9.2-million penalty against The Toronto-Dominion Bank for non-compliance with money laundering and terrorist financing measures as the bank also faces compliance investigations in the U.S. The penalty by the Financial Transactions and Reports Analysis Centre of Canada, or Fintrac, comes after it imposed a $7.5-million fine against RBC and a $1.3-million fine against CIBC, both of which were announced in December. Those penalties were also
The Motley Fool
Monthly Income Masters: 2 Canadian Stocks Paying Steady Dividends Every 30 Days
You can expect to earn reliable monthly passive income for years to come by investing in these two top Canadian monthly dividend stocks now. The post Monthly Income Masters: 2 Canadian Stocks Paying Steady Dividends Every 30 Days appeared first on The Motley Fool Canada.
Yahoo Finance Canada
Air Canada shares plunge as wider loss, slowing travel demand weigh
The Montreal-based airline reported an adjusted net loss of $96 million, or 27 cents per share, more than the seven cents per share loss that analysts had expected.
Reuters
Canadian dollar forecasts trimmed by analysts as BoC moves closer to rate cuts: Reuters poll
The Canadian dollar is set to strengthen less than previously expected over the coming year as the Bank of Canada makes progress on taming inflation and will likely begin cutting interest rates ahead of the Federal Reserve, a Reuters poll found. According to the median forecast of nearly 40 foreign exchange analysts in the April 29-May 2 poll, the loonie will strengthen 0.7% to 1.36 per U.S. dollar, or 73.53 U.S. cents, in three months, compared to 1.34 in last month's poll. "In the near term, I think there are going to be some headwinds," said Bipan Rai, global head of FX strategy at CIBC Capital Markets.
The Canadian Press
There's a limit to how much interest rates in Canada and U.S. can diverge: Macklem
Bank of Canada governor Tiff Macklem says Canadian interest rates don't have to match U.S. or global rates, but there is a limit to how much they can diverge. Macklem made the comments while testifying before the House of Commons finance committee today. The governor says Canada is nowhere close to the limit when it comes to how much Canadian and American interest rates can differ. The Bank of Canada is widely expected to begin lowering its policy rate in the coming months, while forecasters exp
The Motley Fool
Here Are My Top 4 TSX Stocks to Buy Right Now
Long-term investors can take advantage of near-term headwinds to buy these four stocks on the dip. The post Here Are My Top 4 TSX Stocks to Buy Right Now appeared first on The Motley Fool Canada.
Financial Post
David Rosenberg: Why the Bank of Canada needs to start cutting rates … Now
Key data points indicate the central bank is keeping policy 'far too tight'
Global News
Loblaw boycott begins — will Canada's biggest grocer feel the pinch?
The campaign to boycott Loblaw stores has officially kicked off, but will Canadians stop shopping at the grocery giant's various banners — including the Real Canadian Superstore, Shoppers Drug Mart, No Frills, T&T, Zehrs, Provigo, and Dominion? Anne Gaviola explains what's prompted the boycott, and whether it will have a meaningful impact.
The Motley Fool
It’s Currently 8.7%, but Is BCE’s Dividend Safe?
BCE stock recently dipped, and it pays an ultra high dividend. But investors might want to think twice before jumping in. The post It’s Currently 8.7%, but Is BCE’s Dividend Safe? appeared first on The Motley Fool Canada.
Yahoo Finance Canada
Weak loonie? These TSX stocks could gain strength, says RBC
It says Canadian stocks that tend to generate more earnings from the U.S. span the technology, media, financial, healthcare, industrial, and forest product sectors.
Financial Post
Tiff Macklem defends Bank of Canada's two per cent inflation target
Senators questioned whether central bank could raise the target to give Canadians relief on high mortgage rates
The Canadian Press
Federal Reserve says interest rates will stay at two-decade high until inflation further cools
WASHINGTON (AP) — The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target. The Fed issued its decision in a statement after its latest meeting, at which it kept its key rate at a two-decade high of roughly 5.3%. Several hotter-than-expected reports on prices and economic growth have recently undercut the Fe

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UPDATE 1-AIG's general insurance unit chair David McElroy to retire from May 1

Latest Stories

DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’

Accounting firm used by Trump Media hit with ‘massive fraud’ charge

US stands to lose Canadian natural gas when LNG Canada terminal starts up

Galen Weston calls Loblaw boycott 'misguided criticism', says grocer not responsible for higher prices

Trump Media’s Accounting Firm Accused of Fraud, Fined $14 Million

TD worst-case scenario more likely after drug money laundering allegations: analyst

Kevin O’Leary: The Money Is ‘Not in Bitcoin’ — Here’s What You Should Invest In

Killer TD variable rate mortgage could be sign of better deals to come

TD Bank hit with $9.2M penalty after failing to report suspicious transactions

Monthly Income Masters: 2 Canadian Stocks Paying Steady Dividends Every 30 Days

Air Canada shares plunge as wider loss, slowing travel demand weigh

Canadian dollar forecasts trimmed by analysts as BoC moves closer to rate cuts: Reuters poll

There's a limit to how much interest rates in Canada and U.S. can diverge: Macklem

Here Are My Top 4 TSX Stocks to Buy Right Now

David Rosenberg: Why the Bank of Canada needs to start cutting rates … Now

Loblaw boycott begins — will Canada's biggest grocer feel the pinch?

It’s Currently 8.7%, but Is BCE’s Dividend Safe?

Weak loonie? These TSX stocks could gain strength, says RBC

Tiff Macklem defends Bank of Canada's two per cent inflation target

Federal Reserve says interest rates will stay at two-decade high until inflation further cools