The union representing Canadian autoworkers at Ford has reached a tentative deal with the US automaker, keeping more than 5,000 union members on the job and providing some good news […]
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TSX Down Sharply As Inflation Data Weighs
Published: 9/19/2023 2:45 PM ETThe Canadian market is down sharply on Tuesday due to widespread selling after data showing an acceleration in consumer price inflation raised concerns about interest rate hikes.Data […]
Canada’s inflation rate rises to 4% in August, putting pressure on BoC
Canada’s annual inflation rate accelerated for the second month in a row, increasing pressure on the Bank of Canada to raise interest rates again shortly after it announced its second […]
Gold Futures Settle Higher As Dollar Weakens Ahead Of Fed Policy Meeting
Published: 9/18/2023 1:57 PM ETGold futures settled higher on Monday as the dollar shed ground ahead of the Federal Reserve’s monetary policy meeting.The Fed, which is scheduled to announce its rate […]
Oil prices rise on supply deficit concerns
Oil prices rose on Tuesday for a fourth consecutive session as weak U.S. shale output spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia […]
Cameco shares surge on uranium prices as governments warm to nuclear power
With its one-time pariah commodity back in vogue, one of Canada’s biggest mining companies is reaching valuations not seen in more than 15 years.Cameco Corp. CCO-T +0.04%increase is benefiting from a resurgence in […]
Oil prices climb on supply concerns, recovery in demand in China
Oil prices rose for a third straight session on Monday, buoyed by forecasts of a widening supply deficit in the fourth quarter after Saudi Arabia and Russia extended cuts and […]
Economic Calendar: Sept 18 – Sept 22
Markets will be laser focused on the U.S. Federal Reserve this week, which is expected to keep the Fed funds target range unchanged at 5.25% to 5.50% after it was […]
Loblaw workers approve action to strike
More Canadian grocery workers may go on strike at the end of the month, according to reporting from CBC Radio-Canada.Employees at Real Canadian Superstore, No Frills, and Extra Foods in Manitoba have […]