Author: Consultant

The number of Americans applying for unemployment benefits rose slightly last week but still remained at historically low levels despite high interest rates intended to slow hiring and cool the […]

Linamar Corp. LNR-T +1.76%increasesays it’s reached an agreement to acquire Bourgault Industries Ltd. in a deal worth $640-million. The Guelph-based company says Bourgault is a world-class agriculture equipment manufacturer. Linamar says Bourgault […]

U.S. and Canadian stocks closed lower on Wednesday after an abrupt mid-afternoon sell-off snapped a rally that had been driven by falling interest rates and the Federal Reserve’s dovish turn. […]

February WTI crude oil (CLG24) this morning is up +0.78 (+1.05%), and Feb RBOB gasoline (RBG24) is down -0.22 (-0.10%). Crude oil and gasoline prices this morning are mixed, with […]

U.S. crude stocks, gasoline and distillate inventories rose last week, the U.S. Energy Information Administration (EIA) said on Wednesday. Crude inventories rose by 2.9 million barrels in the week to […]

Canada’s annual inflation rate held at 3.1 per cent in November, higher than analyst expectations of 2.9 per cent, Statistics Canada said Tuesday in a report. The result was largely […]

BP will pause all of its shipments through the Red Sea effective immediately due to a series of attacks on trade vessels by Houthi rebels in Yemen, the company announced […]

Monday December 18 Bank of Japan monetary policy meeting (through Tuesday) (8:30 a.m. ET) Canadian construction investment for October. (8:30 a.m. ET) Canada’s new housing price index for November. Estimate […]

Published: 12/15/2023 5:18 PM ET |  The Canadian market ended sharply lower on Friday as stocks fell on sustained selling pressure, after Bank of Canada Governor Tiff Macklem said the bank is […]