Author: Consultant

Saudi, OPEC may make up for Russian oil output loss as Biden visit loomsSaudi Arabia and other OPEC members may boost oil output to offset a drop in Russian production, […]

Canada’s big banks expect billions in added income following interest rates hikeCanada’s big banks expect to earn billions of dollars in added income from interest charges over the next year […]

Oil Rallies On China Demand OptimismOil prices rallied on Wednesday amid expectations of firmer fuel demand from China, as Shanghai formally ended its two-month citywide lockdown and a private survey […]

First Home Savings AccountIn a cooling housing market, Canadians who are looking to buy their first home have a new tool at their disposal: the First Home Savings Account, or […]

Laurentian Bank posts most profitable quarter since 2018Laurentian Bank of Canada LB-T +7.30%increase reported a second-quarter profit of $59.5 million, up from $53.1 million a year ago, its most profitable quarter since 2018.The […]

CAE’s fourth-quarter profit soars as revenues increase 25% excluding ventilators last yearCAE Inc. CAE-T +5.32%increase says its net profit attributable to shareholders soared last quarter as revenues increased even excluding ventilators sold to […]

Strong demand bolsters Canadian factory activity in MayCanadian manufacturing activity expanded at a faster pace in May as firms raised output to meet strong demand for their goods and inflation […]

Bank of Canada announces half-point rate hike, says it is ‘prepared to act more forcefully’The Bank of Canada announced another oversized interest rate hike on Wednesday and said that it […]

TSX Snaps 7-session Winning Streak, Ends Notably LowerAfter seven successive days of gains, Canadian stocks drifted lower on Tuesday as worries about rising inflation and fears of tighter policy measures […]