Latest News
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Carney says he’s seen U.S.-Iran framework to end war, calls it a ‘game changer’ in CNN interview
Prime Minister Mark Carney says he’s seen a copy of the preliminary deal struck between the U.S. and Iran to end hostilities in the Middle East and is calling it a “game changer.” “I have…
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June 16/26: TSX hits record high as U.S.-Iran deal optimism boosts risk sentimen
Canada’s main stock index rose to a record high on Tuesday after U.S. President Donald Trump said at the G7 summit that Washington’s deal with Tehran was moving ahead. At 10:42 a.m. ET, the Toronto…
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SpaceX stock jumps 20% in first full day of trading after record debut
SpaceX shares climbed 20% on Monday, the first full day of trading following a record-breaking debut last week on the Nasdaq. Roughly 244 million shares changed hands. Trading volume on Friday topped 500 million shares, approaching…
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Manufacturing sales up 4.2 per cent in April, Statscan says
Statistics Canada says manufacturing sales rose 4.2 per cent to $77.1-billion in April, as the petroleum and coal product group hit a record high. Petroleum and coal product sales jumped 22.6 per cent to $11.8-billion,…
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Oil falls 5% to three-month low as US, Iran reach peace deal to reopen Strait of Hormuz
Oil prices slumped 5 per cent to a three-month low on Monday amid a broad selloff after the U.S. and Iran said they agreed terms to end their war and reopen the Strait of Hormuz.…
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U.S.-Iran deal explained: What we know — and what remains unresolved
Markets are celebrating a preliminary U.S.-Iran agreement intended to end their war that triggered a global economic downturn and lasted nearly four months. Stocks surged on Monday, as oil prices and bond yields fell. No deal has yet been signed, though…
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June 13/26: Trump says Iran deal will be signed Sunday, Strait of Hormuz to open immediately after
President Donald Trump on Saturday said in a Truth Social post that a deal to end the war with Iran will be signed on Sunday, with the Strait of Hormuz opening up immediately after. “The Deal is scheduled to…