Lightspeed Commerce Inc.LSPD-T +13.28%increase is officially up for sale, the latest in a series of Canadian tech companies to consider going private following a stock market slump after pandemic restrictions were lifted.The […]
Author: Consultant
Strike at Vancouver grain terminals leaves ships at anchor
Ships are being forced to stay at anchor after a strike that began this week at six Vancouver grain terminals created bottlenecks in the supply chain from the Prairies to […]
Statistics Canada says population grew 0.6 per cent in Q2 to 41,288,599
Statistics Canada says the population of the country reached an estimated 41,288,599 on July 1.The agency says the total means 250,229 people were added in the second quarter of the […]
Hunting for value in gold stocks as bullion hits record highs
What are we looking for?The Bank of Canada is well into a cycle of interest-rate cuts, with the U.S. Fed expected to join it this week. In Canada we have […]
Calendar: Sept 23 – Sept 27
Monday September 23Japan markets closedEuro zone PMI(8:30 a.m. ET) Canada’s new housing price index for August. Estimate is a rise of 0.1 per cent from July and 0.1 per cent […]
Canadian retail sales up 0.9% to $66.4-billion in July
Statistics Canada says retail sales rose 0.9 per cent to $66.4-billion in July, helped by stronger new car sales.The agency says sales were higher in seven of the nine subsectors […]
Federal Reserve cuts interest rates by half-point; first rate reduction in four years
The Federal Reserve on Wednesday announced a long-awaited interest rate cut, lowering the benchmark rate by 50 basis points from what was the highest level in 23 years as the central bank […]
Annual pace of housing starts in Canada down 22% in August, CMHC says
Canada Mortgage and Housing Corp. says the annual pace of housing starts in August slowed 22 per cent compared with July.The national housing agency says the seasonally adjusted annual rate […]
Canada’s inflation cools to 2% in August, the smallest gain since early 2021
Canada’s annual inflation rate(opens in a new tab) reached the central bank’s target in August at it cooled to 2 per cent, its lowest level since February 2021, data showed on Tuesday.The […]