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BMO sees major investment opportunity as Canada ramps up LNG production
BMO sees major investment opportunity as Canada ramps up LNG productionThe research team at Citi tracks more than 80 global investment themes. The performance tracking for May found some obvious […] This post is only…
Strong inflation, anxious consumers add up to more worries that recession has already arrived
Strong inflation, anxious consumers add up to more worries that recession has already arrivedReports Friday showing blistering inflation and historic lows in consumer sentiment painted an increasingly dark economic picture.A […] This post is only…
Air Transat second-quarter loss deepens amid pandemic-related flight cancellations, soaring fuel prices
Air Transat second-quarter loss deepens amid pandemic-related flight cancellations, soaring fuel pricesMontreal-based airline and tour company Transat AT Inc.’s second-quarter loss deepened amid pandemic-related flight cancellations and soaring fuel prices.Fuel […] This post is only…
The close: North American stock markets fall as rate pressures grow, U.S. inflation report looms
The close: North American stock markets fall as rate pressures grow, U.S. inflation report loomsNorth American stocks tumbled Thursday following the latest reminder that central banks now care more about […] This post is only…
IMF expects further cut in global growth outlook
IMF expects further cut in global growth outlookThe International Monetary Fund expects to further cut its forecast for global economic growth in 2022 next month, an IMF spokesperson said on […] This post is only…
Canadian bank stocks continue to outperform global peers
Canadian bank stocks continue to outperform global peersCredit Suisse analyst Joo Ho Kim reports that Canadian bank stocks continue to outperform their global peers,“The Canadian banks have outperformed their international […] This post is only…
Saputo anticipates recovery in 2023 after capping year with lower fourth-quarter profits
Saputo anticipates recovery in 2023 after capping year with lower fourth-quarter profitsSaputo Inc. SAP-T +1.70%increase expects profits to recover next year after it capped a difficult fiscal year with net income plunging 64 […] This post is only…
Nutrien planning major potash production increase as war in Ukraine puts pressure on global supplies
Nutrien planning major potash production increase as war in Ukraine puts pressure on global suppliesNutrien Ltd. is planning a major ramp up in potash production as the war in Ukraine […] This post is only…
Bank of Canada warns high household debt and elevated home prices pose top risks to economy
Bank of Canada warns high household debt and elevated home prices pose top risks to economyThe Bank of Canada has warned that household vulnerabilities have worsened over the past year […] This post is only…