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OPINION: Why CIBC (TSX:CM) Stock Fell Despite Beating Revenue Estimates
The Big Six banks all performed well during the last few weeks’ earnings reports. And Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) was one of them. However, despite beating analyst estimates, the stock continues […] This post is only…
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China hits Canada with new tariffs on agricultural, food products in response to EV levy
Piling pressure onto a Canadian economy already suffering disruption due to new U.S. tariffs and threats of an all-out trade war, China on Saturday imposed new levies against $3.7-billion worth […] This post is only…
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Economic Calendar: Mar 10 – Mar 14
Monday March 10 China CPI, PPI, aggregate yuan financing and new yuan loans Japan real cash earnings and bank lending Germany industrial production and trade surplus Earnings include: Alaris Royalty […] This post is only…
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Canadian Tire to spend $2 billion restructuring company and close 17 Atmosphere stores
TORONTO — Canadian Tire Corp. Ltd. is rolling out a new strategy that will see it invest $2 billion over four years to restructure the company for growth but will also […] This post is only…
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MDA Space reports fourth-quarter profit and revenue up from year ago
MDA Space Ltd. MDA-T +10.97%increase reported its fourth-quarter profit rose compared with a year ago as its revenue also climbed higher, helped by strong contributions from its satellite systems business. The company says […] This post is only…
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Shares of Algonquin Power & Utilities fall as company reports US$186.4-million fourth-quarter loss
Algonquin Power & Utilities Corp. AQN-T -6.30%decrease reported a loss in its fourth quarter compared with a profit a year ago as its revenue edged lower. The company, which keeps its books in […] This post is only…
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Canada’s unemployment rate unchanged at 6.6% in February, economy adds few jobs
Canada’s unemployment rate held steady at 6.6 per cent in February while new job additions were only marginally up, data showed on Friday, reflecting the early potential impact of uncertainty […] This post is only…
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Canada’s trade surplus in January at 32-month high as firms stockpile on tariff threat
Canada’s trade surplus in January exceeded expectations by a wide margin to post a 32-month record as fears of tariffs from the U.S. pushed exports of cars and energy products […] This post is only…
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USA: Here’s where the jobs are for February 2025 – in one chart
Health care saw another strong month, leading the pack in employment growth among different groups across the economy. Government posted gains as well overall, though positions at the federal level […] This post is only…