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 […]
Category: Uncategorized
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Oil falls below $90 a barrel on report of U.S.-Venezuela deal
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 […]
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Oct 16 – At midday: North American stock markets rally as high-profile U.S. earnings loom
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 […]
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Tourmaline Oil to buy Bonavista Energy in deal worth $1.45-billion
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, […]
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Scotiabank: The 6.4% Yield Is A Gift For Dividend Investors
Summary Bank 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 […]
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Calendar: Oct 16 – Oct 20
Monday October 16 Japan 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 […]
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Oil Futures Settle Sharply Higher On Geopolitical Tensions
Published: 10/13/2023 3:15 PM ET Oil 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 […]
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Home sales dropped in September and prices will continue to fall in 2023, predicts real estate association
Canada’s national real estate association has downgraded its outlook for home sales and prices in 2023 for the second time this year as higher borrowing costs deepen the slowdown in […]