Latest News
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Just how much trouble is Canada’s economy in?
Prime Minister Mark Carney has promised to reboot Canada’s economy, building it into the “strongest in the G7”. He has spent weeks travelling overseas in the last year seeking to drum up business interest in…
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Consumer Discretionary Index ($TTCD)
Executive Summary: Past 10 Days Key Drivers 1. Consumer discretionary sentiment improved TTCD benefits when investors become more comfortable with Canadian consumer spending, retail earnings, and rate-sensitive cyclicals. The recent move looks like a risk-on…
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June 26/26: TSX ends higher as gold mining shares rally
Canada’s main stock index rose on Friday as higher gold prices boosted metal mining shares, but gains for the index were kept in check as investors worried about the inflationary impact of the AI boom.…
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Exhibit on displaced Palestinians set to open at human rights museum amid criticism
WINNIPEG – The head of the Canadian Museum for Human Rights says it’s unfortunate a trustee resigned over an exhibit about displaced Palestinians but she stands by the decision for it to open to the…
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RBC fined more than $4-million for providing inaccurate credit card statements
Canada’s financial consumer watchdog says the Royal Bank of Canada RY-T -0.81%decrease was fined more than $4-million for providing inaccurate credit card statements to some customers. The Financial Consumer Agency of Canada says it issued a fine of…
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SU.TO historical share prices (6 months) with WTI prices—correlation and forecast for the next 3 months SU.TO share price based on (1) 5% WTI price increase and (2) a 5% decrease
SU.TO (Suncor Energy) maintains a strong positive correlation with WTI crude oil prices over the past 6 months (and historically), as is typical for this major integrated Canadian oil producer with significant upstream exposure. Recent…
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US: Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The Federal Reserve’s primary price gauge rose at its highest level since 2023, reinforcing the central bank’s recent tough talk on inflation. Excluding food and energy, the personal consumption expenditures price index showed a 3.4% annual rate…
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Couche-Tard grows U.S. gas station profits during Middle East war
Canadian convenience store operator Alimentation Couche-Tard Inc. ATD-T tallied its best U.S. same-store sales growth of the last three years during its latest quarter, a sign consumer confidence is slowly returning in its biggest market as the…
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AtkinsRéalis seeks to license Candu reactor in traditionally closed-off U.S. market
AtkinsRéalis Group Inc. ATRL-T +0.60%increase has launched efforts to license its Candu reactor in the United States, an opening salvo into a market that has traditionally been regarded as off-limits to foreign vendors. The Montreal-based company submitted a…