Latest News
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SAug 167/26: Oil rises on Iran war stalemate; near-term potential for further gains seen limited
Oil prices rose on Monday on a lack of progress in diplomatic efforts to resolve the Iran war, though the absence of major supply outages limited gains. Brent crude futures were up 43 US cents,…
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Gas prices drove inflation up to 3% in July as food cost pressures eased
July’s rebound in gas prices pushed the annual rate of inflation up to 3 per cent last month even as there were signs cost pressures were easing at the grocery store, Statistics Canada said Monday.…
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Calendar: Aug 17 – Aug 21
Monday August 17 China retail sales, industrial production and fixed asset investment Japan real GDP and industrial production (8:30 a.m. ET) Canadian CPI for July. The Street expects an increase of 0.5 per cent from…
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Air Canada shares soar after it sells 25% stake in Aeroplan for $2.5 billion
Air Canada shares are taking flight after the country’s largest airline announced it would sell a quarter of its Aeroplan loyalty program to Blackstone and a group of Canadian pension funds for $2.5 billion. The…
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Air Canada reports $178M second-quarter loss, down from $186M profit last year
Air Canada reported a net loss of $178 million during the second quarter, compared to net income of $186 million during the same period a year earlier. That amounted to a diluted loss per…
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Oil prices fall as investors weigh falling demand against Middle East tensions
https://www.cnbc.com/2026/08/13/oil-spill-near-oman-worries-over-supply-.html
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U.S. wholesale price inflation slows to 4.7% in July as gas, food costs fall
Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the months ahead. The Labor Department’s…
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LeBlanc to meet with U.S. trade chief as tariff deadline nears
Prime Minister Mark Carney’s top trade emissaries are set to meet on Thursday afternoon with Donald Trump’s trade chief for the second time this week as they scramble to reach a deal before the U.S.…
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Canada, US not yet ready to make tariff deal, Canada unsatisfied with latest US offer: sources
As the clock ticks toward U.S. President Donald Trump’s latest tariff deadline, Canada and the U.S. aren’t at a point where a tariff deal can be reached — and Canadian officials are not satisfied with…
