Latest News
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Metro reports higher first-quarter profit, boosts dividend after ‘transition year’
Metro Inc. MRU-T -3.59%decrease reported a 4-per-cent increase in profits in the first quarter, and boosted the dividend paid to shareholders, as the grocery retailer emerges from a “transition year” and says it plans to return to growth.…
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Economic Calendar: Jan 27 – Jan 31
Monday January 27 China industrial profits and PMI Germany business sentiment (8:30 a.m. ET) Canadian wholesale trade for December. (10 a.m. ET) U.S. new home sales for December. The Street expects an annualized rate rise…
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Is Enbridge Stock Still a Buy After Hitting a New 52-Week High?
Baystreet.ca – Mon Jan 20 One top Canadian dividend stock that has been picking up steam of late is pipeline giant Enbridge (TSX:ENB)(NYSE:ENB). Known for its high-yielding payout and overall consistency, investors have become more bullish on it…
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U.S. Federal Reserve says it will leave climate change organization
The U.S. Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how regulation of the financial system could help combat climate change. The Fed’s membership has been…
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Four Canadian banks quit global banking alliance aimed at meeting climate goals
Four of Canada’s big banks have quit a global alliance of financial institutions set up to meet climate goals, joining a rush of lenders to do so. Bank of Montreal, National Bank of Canada, Toronto-Dominion…
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Canada’s auto industry braces for ‘extremely problematic’ threat of Trump tariffs
The Canadian automaking industry warns incoming U.S. president Donald Trump’s plan to impose tariffs of 25 per cent on all imports from Canada threatens to devastate the sector across the continent and drive up costs…
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Calendar: Jan 20 – Jan 24, 2025
Monday January 20 U.S. markets closed (Martin Luther King Jr. Day) World Economic Forum in Davos (through Friday) Japan core machine orders and industrial production (8:30 a.m. ET) Canada’s construction investment for November. (10:30 a.m.…
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In first look at 2026, OPEC forecasts global oil demand to rise at similar rate to this year
OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for 2024 for a sixth time, following economic weakness in China, the world’s…
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Canadian manufacturing sales up 0.8% to $71.5-billion in November
Statistics Canada says manufacturing sales rose 0.8 per cent to $71.5-billion in November, helped by higher sales in the aerospace product and parts industry group and the petroleum and coal product subsector. The agency says…