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Canada’s annual inflation rate held at 3.1 per cent in November, higher than analyst expectations of 2.9 per cent, Statistics Canada said Tuesday in a report.The result was largely driven […] This post is only…

BP will pause all of its shipments through the Red Sea effective immediately due to a series of attacks on trade vessels by Houthi rebels in Yemen, the company announced […] This post is only…

Monday December 18Bank of Japan monetary policy meeting (through Tuesday)(8:30 a.m. ET) Canadian construction investment for October.(8:30 a.m. ET) Canada’s new housing price index for November. Estimate is a decline […] This post is only…

Published: 12/15/2023 5:18 PM ET | The Canadian market ended sharply lower on Friday as stocks fell on sustained selling pressure, after Bank of Canada Governor Tiff Macklem said the bank is unlikely […] This post is only…

Bank of Canada Governor Tiff Macklem said that inflation could be “getting close to” the bank’s target by the end of next year, and laid out conditions under which the […] This post is only…

Retail sales rose 0.3% in November, stronger than the 0.2% decline in October and better than the Dow Jones estimate for a decrease of 0.1%. Sales held up despite a […] This post is only…

Cenovus Energy CVE-T +1.83%increase said on Thursday it expects higher production from its U.S. refineries in 2024 as the Canadian company’s two refineries restarted operating at full capacity.The company had been grappling with […] This post is only…

Statistics Canada says manufacturing sales fell 2.8 per cent to $71.0-billion, led by a drop in petroleum and coal product sales as well as lower sales in the machinery and […] This post is only…

World oil demand will rise faster than expected next year, the International Energy Agency (IEA) said on Thursday, a sign that the outlook for near-term oil use remains robust despite […] This post is only…