Newsfile – Wed Apr 17, 6:02AM CDT Partnership ContentInternet, Everywhere–(Newsfile Corp. – April 17, 2024) – Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, plans to announce […]
Author: Consultant
Federal budget 2024: The full highlights
Housing, affordability and generational fairness are the buzzwords in the 2024 federal budget, unveiled by Finance Minister Chrystia Freeland on Tuesday. But the government’s newly announced spending goes well beyond those […]
Inflation ticked higher in March. Are Bank of Canada rate cuts still in the cards?
Canada’s annual inflation rate rose slightly last month, accelerated largely by higher gas prices, data showed Tuesday.Statistics Canada reported that the overall inflation rate in the country was 2.9 per cent year-over-year in […]
Calendar: April 15 to April 19
Monday April 15Japan core machine ordersEuro zone industrial production(8:30 a.m. ET) Canadian manufacturing sales and new orders for February. The Street is projecting month-over-month increases of 0.7 per cent and […]
‘We’re seeing what we need to see. We just need to see it for longer’: Tiff Macklem explains the BoC’s thinking as it moves toward a pivot
Bank of Canada Governor Tiff Macklem spent much of the past year shooting down speculation about when interest rates will start coming down. On Wednesday, he let his guard slip.At […]
Hong Kong stocks drop 2% as China exports fall more than expected
Asia-Pacific markets were mixed Friday after an inflation-fueled selloff in the previous session, with investor assessing economic data from Singapore and South Korea.Hong Kong’s Hang Seng index led losses in the region, […]
OPINION:Bullish on National Bank of Canada
National Bank of Canada (NA-T -0.80%decrease, Wednesday’s close $112.92) remained in a wide horizontal trading range mostly between $85 and $105 for about two years (dashed lines). Earlier this year, the […]
Cenovus Energy to invest $1.5-billion in Ohio refineries over next five years
Cenovus Energy CVE-T -3.15%decrease on Thursday said it plans to invest $1.5-billion in its Ohio refineries over the coming five years, including Lima and Oregon.The investment in Ohio refineries include maintenance, reliability measures […]
Dow falls more than 400 points, Treasury yields jump after strong inflation data: Live updates
Stocks tanked on Wednesday after March inflation data came in hotter than expected, likely pushing off interest rate cuts by the Federal Reserve that investors have been anticipating.The Dow Jones Industrial Average dropped 436 […]