Latest News
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FirstService Broadens Commercial Roofing Geographic Footprint
FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) today announced that its subsidiary, Roofing Corp of America (“RCA”), has acquired Schefers Roofing (“Schefers”). The existing management team has retained a minority equity interest and will continue…
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Crude oil jumps back above $90 as Trump says U.S. will take Iran’s Kharg Island
Oil prices rose slightly Thursday after President Donald Trump threatend to take Iran’s Kharg Island and assume total control of the country’s oil and gas markets. U.S. crude oil futures rose 0.72% to $90.68 per barrel…
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Wholesale prices rose 1.1% in May, more than expected, on surge in energy
Wholesale prices rose more than expected in May, indicating that pipeline inflationary pressures are percolating higher, the Bureau of Labor Statistics reported Thursday. The producer price index, a measure of final demand costs, increased a seasonally…
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Gold slumps to 6-month low even as inflation fears rise. Here’s why bullion is out of favor
https://www.cnbc.com/2026/06/11/gold-slumps-to-6-month-low-even-as-inflation-fears-rise-heres-why-bullion-is-out-of-favor.html
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Germany’s Big LNG Deal With Canada May Never Deliver a Single Cargo
The Iran war has made supplies of liquefied natural gas, or LNG, the most strategic since Russia’s invasion of Ukraine in 2022. Suddenly, countries are scrambling to get their hands on molecules that provide reliable…
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Cenovus CEO says proposed pipeline to Canada’s west coast currently ‘unfinanceable’
CALGARY, June 9 (Reuters) – Cenovus Energy CEO Jon McKenzie said Tuesday Alberta’s proposed 1 million barrel-per-day pipeline to British Columbia’s Pacific coast cannot be financed by the private sector under Canada’s current regulatory regime.…
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U.S. inflation climbs to 4.2%, the highest in three years, amid surging oil prices
Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer prices…
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Bank of Canada holds rate steady at 2.25% as it grapples with mixed economic signals
The Bank of Canada held its benchmark interest rate steady on Wednesday and said the path forward for monetary policy remains uncertain amid a challenging mix of weak economic growth and high energy prices. As…
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Oil prices jump after Trump says Iran will ‘pay the price’ for failing at peace deal
Oil prices shot higher Wednesday after U.S. President Donald Trump declared that Iran will “pay the price” for being too slow to negotiate a peace deal. U.S. crude oil futures for July delivery jumped nearly 2%…