Canada’s annual inflation rate ticked higher in April, a surprise acceleration that shows the road back to price stability could be long and bumpy.The Consumer Price Index rose 4.4 per […]
Author: Consultant
Home Depot hits the brakes:
Three-year robust sales run ends amid pull back on home improvementsHome Depot couldn’t keep its protracted robust sales streak going any longer. The home improvement chain reported a dismal quarter […]
Stellantis halts battery plant construction over dispute with Canadian government
Automaker Stellantis has stopped all construction at a more-than C$5 billion ($3.74 billion) electric vehicles battery manufacturing plant in Windsor, Canada, over a disagreement with the federal government about subsidies, a spokesperson […]
Turkey’s Erdogan faces toughest test yet in landmark election — with high stakes for the world
Turkey’s presidential and parliamentary elections on May 14 could hardly come at a more polarized moment for the country of 85 million. Incumbent President Recep Tayyip Erdogan is in the […]
Economic Calendar: May 15 – May 19
Monday May 15Japan machine tool ordersEuro zone industrial production(8:15 a.m. ET) Canadian housing starts for April. The Street is projecting an annualized rate increase of 4 per cent.(8:30 a.m. ET) […]
Oil Futures Settle Lower On Firm Dollar, Demand Concerns
Published: 5/12/2023 3:22 PM ETCrude oil prices fell on Friday on the dollar’s strength and worries about the outlook for energy demand.Fears of the U.S. falling into a recession and the […]
TSX Ends Flat After Lackluster Session
Published: 5/12/2023 5:24 PM ETAfter a slightly positive start, the Canadian market slipped into negative territory around mid morning, and despite losing further ground, recovered to end with a small gain […]
George Weston Raises Divided 8% On Strong Q1 Earnings
May 10, 8:07AM CDTHolding company George Weston Ltd. (WN) has raised its quarterly dividend 8% after reporting strong first-quarter earnings.George Weston has controlling stakes in the Choice Properties real estate […]
Air Canada posts second profitable quarter in a row as travellers return to the skies
Air Canada AC-T +0.10%increaseposted its second consecutive profitable quarter on Friday, signalling Canada’s largest airline is slowly leaving behind the financial ruin of the pandemic as travellers return to the skies.Air Canada’s […]