Latest News
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Cenovus Energy to acquire MEG Energy in $7.9-billion deal
Canadian oil and gas producer Cenovus Energy CVE-T +4.35%increase said on Friday it will buy MEG Energy N/A in a cash-and-stock deal valued at $7.9-billion, including debt, to create one of the largest oil sands companies in Canada. The two companies,…
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U.S. hikes steel, aluminum tariffs on more than 400 products including appliances, railcars, EV parts
The U.S. Commerce Department on Tuesday said it is hiking steel and aluminum tariffs on more than 400 products including wind turbines, mobile cranes, appliances, bulldozers and other heavy equipment, along with railcars, motorcycles, marine engines, furniture…
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Canada’s inflation rate slows to 1.7% in July, raising odds of BoC rate cut
Canada’sinflation rate fell by slightly more than expected in July to 1.7 per cent, which economists say could pave the way for the Bank of Canada to resume cutting interest rates. Statistics Canada’s consumer price…
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Calendar: Aug 18 – Aug 22
Monday August 18 (8:15 a.m. ET) Canadian housing starts for July. The Street is projecting an annualized rate decline of 4.0 per cent. (8:30 a.m. ET) Canada’s household and mortgage credit for June. (8:30 a.m.…
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What are the sticking points of contention between Albert and the Cd. Govt’s economic policies
The main sticking points of contention between Alberta and the Canadian federal government’s economic policies in 2025 revolve around these key issues: 1. Trade and Tariff Policy 2. Personal Income Taxes and Fiscal Approach 3. Spending Priorities &…
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Evidence Supporting Carney’s Role in Climate Advocacy
1. United Nations Special Envoy for Climate Action and Finance In December 2019, Mark Carney was appointed by UN Secretary-General António Guterres as the UN Special Envoy on Climate Action and Finance—a role central to…
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Imperial Oil (IMO.TO) shares have increased in recent weeks due to several important factors:
In summary, Imperial’s share price climb is fueled by record production, strong shareholder returns, growth in renewables, expanded market access, financial strength, and support from analysts and technical traders.
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Enbridge (ENB) shares have increased recently due to several key reasons:
In summary, Enbridge’s recent share price increase reflects strong quarterly results, committed growth investments, dividend attractiveness, diversified and stable operations, and positive investor sentiment toward its valuation and income potential.
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George Weston reports $258 million Q2 profit, announces stock split
George Weston Ltd. says its second-quarter profit available to common shareholders amounted to $258 million, down from $400 million in the same quarter last year. The company, which holds large interests in Loblaw Cos. Ltd.…