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Canadian Stocks Move Sharply Lower Amid Worries About Bond Yields
Published: 10/20/2023 4:24 PM ET Extending the pullback seen over the two previous sessions, Canadian stocks showed a significant move to the downside during trading on Friday. After coming under pressure […]
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Don’t lose sleep over Enbridge’s dividend
Evidently, you’re not the only investor who is nervous about Enbridge ENB-T -0.89%decrease. In the past 16 months, the pipeline operator’s shares have lost more than one-quarter of their value as dividend […]
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TC Energy’s B.C. pipeline route bolstered by deal with Ksi Lisims LNG
An Indigenous-backed project seeking to export liquefied natural gas has signed a deal to support TC Energy Corp.’s TRP-T -0.13%decrease pipeline plans in northern British Columbia, leaving Enbridge Inc.’s ENB-T -0.20%decrease competing route in limbo. The […]
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Oct 19 -TSX Closes At 2-week Low As Geopolitical Tensions, Rate Concerns Weigh
| Published: 10/19/2023 5:35 PM ET The Canadian market closed at a two-week low on Thursday, as stocks fell amid concerns about interest rates and geopolitical tensions. Healthcare, real estate, utilities and […]
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Powell says inflation is still too high and lower economic growth is likely needed to bring it down
Federal Reserve Chairman Jerome Powell acknowledged recent signs of cooling inflation, but said Thursday that the slowing in price increases was not enough yet to determine a trend and that […]
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Scotiabank reduces global work force by 3% as Bay Street cuts deepen
Bank of Nova Scotia BNS-T -2.17%decrease is cutting 3 per cent of its global work force ahead of launching its strategic turnaround plan, deepening the streak of job cuts on Bay Street this […]
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TSX Ends Notably Lower On Widespread Selling
Published: 10/18/2023 5:37 PM ET The Canadian market ended on a weak note on widespread selling on Thursday with those from industrials and financials sectors suffering sharp losses. Rising bond yields, […]
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Wave of billion-dollar oil patch deals a sign of bullish Canadian energy sector
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 […]