Latest News
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Enbridge to buy Tallgrass crude oil business for $2.55-billion
Enbridge ENB-T -3.29%decrease is further expanding its reach into the U.S. market with a US$2.55-billion deal to buy the crude oil business of Tallgrass Energy LP. The acquisition announced Wednesday includes a 75 per cent interest in the…
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U.S. wholesale inflation climbs to 5.4% in August, driven by high energy costs
SUMMARY: Wholesale inflation re-accelerated in August, driven by energy. Headline PPI rose 0.4% MoM / 5.4% YoY, up from 0.1% and 4.8% in July. Core (ex food and energy) rose 0.2% MoM / 4.6% YoY.…
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CGI acquires U.S. tech consulting firm Callibrity
CGI GIB-A-T +0.04%increase says it has acquired U.S. technology consulting firm Callibrity. Financial terms of the deal, which closed Tuesday, were not immediately available. Founded in 2007, Callibrity brings experience in financial services, insurance and manufacturing. CGI says…
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U.S. crude oil tops $100 again – last seen in May – as market braces for prolonged Iran war
https://www.cnbc.com/2026/09/10/iran-us-oil-hormuz-supply-trump-military-brent-wti.html
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Crude Oil Price – Sept. 9/26 (AM)
Summary Key Drivers 1. Strait of Hormuz and Iran — dominant short-term driver WTI has risen roughly 20% over the past month. The immediate cause is concern about Middle East oil production, tanker movements and…
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Bank of Montreal becomes first Big Five bank to eliminate most online trading commissions
https://www.theglobeandmail.com/business/article-bank-of-montreal-becomes-first-big-five-bank-to-eliminate-most-online Summary Strategic Impact BMO is sacrificing transaction-fee revenue to attract more customers, increase assets under administration and deepen relationships across the bank. InvestorLine’s assets grew at a 14% compound annual rate from 2020 to…
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Trade Wars – Opinion/Commentary
OPINION: 2025 baseline already showed the hit. Goods exports −0.2% to $779B, imports +2.8% to $789B. U.S. exports −5.3% to −5.8%; U.S. surplus shrank from $101B to $82B. Non-U.S. exports +17% (UK gold, EU, China)…
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Canada merchandise trade, calendar 2025 (CAD).
otals from Global Affairs / StatCan year-end wrap; partner lines mixed BOP and customs sources — UK jump is largely gold. Partner Exports Imports Balance Notes All countries 779.0 789.0 −10.0 GAC Highlights; StatCan BOP…
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Canada’s retaliatory tariffs worth $27.6 billion take effect as trade rift with U.S. deepens
https://www.cnbc.com/2026/09/08/canada-retaliatory-tariffs.html
