Latest News
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Canadian housing starts down 16% in August: CMHC
Canada Mortgage and Housing Corp. says the annual pace of housing starts in August fell 16 per cent compared with July. The national housing agency says the seasonally adjusted annual rate of housing starts came…
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Joly says Anglo American promises around Teck takeover don’t go far enough
Industry Minister Mélanie Joly says that promises made by Anglo American PLC NGLOY +0.68%increase as part of its attempt to buy Teck Resources Ltd. TECK-B-T -3.32%decrease don’t go far enough. London-based Anglo has made a slew of commitments to win approval…
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Canada’s inflation rate ticked up slightly in August: StatCan
Canada’s inflation rate rose to 1.9 per cent in August, increasing by less than economists had forecasted and solidifying expectations of an interest rate cut on Wednesday. Statistics Canada reported on Tuesday that the annual…
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Calendar: Sept. 15 – Sept. 19
Monday September 15 Japan markets closed China retail sales, industrial production and fixed asset investment Euro zone trade surplus (8:30 a.m. ET) Canada’s manufacturing sales and new orders for July. Estimates are month-over-month gains of…
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Barrick sells only Canadian mine to Carcetti Capital for up to $1.09-billion
Barrick Mining Corp. ABX-T -1.74%decrease is selling Hemlo, its only Canadian mine, to Carcetti Capital Corp. CART-H-X +2.50%increase for up to US$1.09-billion. Toronto-based Barrick put Hemlo up for sale earlier in the year, deeming it a “non-core” asset. Carcetti will pay…
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Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump
https://www.cnbc.com/2025/09/11/consumer-prices-rose-at-annual-rate-of-2point9percent-in-august-as-weekly-jobless-claims-jump.html
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Teck agrees to be acquired by Anglo American at crucial time for Canada’s minerals industry
ck Resources Ltd. TECK-B-T +11.53%increase has agreed to be acquired by British mining giant Anglo American PLC NGLOY +10.87%increase in a deal that could result in one of the last remaining Canadian major critical minerals miners being swallowed up by a…
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Uranium market heats up on nuclear revival hopes
https://www.cnbc.com/2025/09/10/uranium-market-heats-up-on-nuclear-revival-hopes.html
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China’s consumer prices fall more than expected in August as deflation woes persist
China’s consumer prices fell more than expected in August while deflation in factory-gate prices persisted, as calls mounted for Beijing to ramp up measures to bolster sluggish domestic demand and cushion weakening exports growth. The consumer…