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A wave of high-profile mergers and acquisitions in the Canadian oil patch is a sign of an industry that is flush with cash and increasingly confident in the short– and […] This post is only…

Canada’s inflation rate unexpectedly dipped in September, a result that alleviates pressure on the Bank of Canada to resume raising interest rates next week.The Consumer Price Index rose 3.8 per cent in […] This post is only…

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Oil futures fell on Monday on a report the U.S. and Venezuela could soon reach a deal to ease sanctions on Venezuela if a presidential election date is set, while […] This post is only…

Canada’s main stock index climbed on Monday following a surge in information technology shares, while rising long-term government bond yields and risks of a potential escalation in the Middle East […] This post is only…

Tourmaline Oil Corp. TOU-T +2.46%increase has signed an agreement to buy Bonavista Energy Corp. in a deal worth $1.45-billion.Under the acquisition, Tourmaline Oil will pay $725-million in shares and $725-million in cash, less […] This post is only…

SummaryBank of Nova Scotia is a quality high-yielding pick for patient investors due to its strong track record and steady revenue growth. BNS has a sizable footprint in emerging growth […] This post is only…

Monday October 16Japan industrial production(8:30 a.m. ET) Canada’s manufacturing sales and orders for August. Estimates are month-over-month increases of 1.0 per cent and 1.1 per cent, respectively.(8:30 a.m. ET) Canadian […] This post is only…

Published: 10/13/2023 3:15 PM ETOil prices rose sharply on Friday amid rising concerns about the potential impact of the ongoing Israel – Hamas war on global crude supplies.Israel’s military today called […] This post is only…