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OPEC+ agrees to raise oil production by almost 550,000 barrels a day for September
OPEC+ agreed on Sunday to raise oil production by 547,000 barrels a day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over […] This post is only…
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Bank of Canada holds key interest rate steady at 2.75% for third consecutive time
The Bank of Canada held its policy interest rate at 2.75 per cent for the third consecutive time as U.S. trade policy continues to muddy the economic outlook. The bank once again […] This post is only…
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CPKC reports higher earnings, revenues for second quarter
Canadian Pacific Kansas City CP-T -0.16%decrease has reported an increase in profits and revenues during the second quarter. The continent-spanning railroad, headquartered in Calgary, posted net income of $1.23-billion for the three months […] This post is only…
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Air Canada sees decline in U.S.-bound seat sales amid tariff tension
Air Canada AC-T -10.62%decrease saw an 11-per-cent decline in U.S-bound seat sales in the second quarter amid trade and sovereignty tensions spurred by U.S. President Donald Trump. Canada’s largest airline posted a 2-per-cent per […] This post is only…
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Celestica earnings blow past forecasts on AI demand
Celestica Inc. CLS-T +16.92%increase continued in the second quarter to benefit from surging demand from tech giants engaged in a global arms race to build giant artificial intelligence-driven data centres, surpassing heightened market […] This post is only…
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George Weston Reports Strong Operating Performance Offset by Earnings Impact of Fair Value Adjustment Related to Choice Properties Unit Price Gain of 4.9%
https://www.newswire.ca/news-releases/george-weston-reports-strong-operating-performance-offset-by-earnings-impact-of-fair-value-adjustment-related-to-choice-properties-unit-price-gain-of-4-9–849698264.html This post is only available to members. If you are already a member then cleck here to Login log in
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Earnings Season
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CN Rail lowers earnings expectations, cuts outlook as trade volatility continues
Canadian National Railway Co. CNR-T +0.22%increase reported its net income inched up to $1.17-billion during its second quarter compared with last year, as it said the trade uncertainty is making it difficult for […] This post is only…
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Trump announces Japan trade deal, lowers threatened tariff to 15%
U.S. President Donald Trump announced a trade framework with Japan on Tuesday, placing a 15-per-cent tax on goods imported from that nation. “This Deal will create Hundreds of Thousands of Jobs – […] This post is only…