The months ahead are set to bring more clarity on China’s economic outlook and any government support — especially for real estate. “Probably in half a year, we are going […]
Category: Uncategorized
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Canadian Stocks Rebound From Recent Losses; TSX Ends 0.8% Up
Published: 9/28/2023 5:24 PM ET After declining sharply in the previous two sessions, the Canadian market turned in a positive performance on Thursday with several stocks moving higher on bargain hunting. […]
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TSX Ends Weak For 2nd Straight Day
Published: 9/27/2023 5:58 PM ET The Canadian market ended notably lower for a second successive session, as stocks tumbled on Wednesday amid rising concerns about interest rates and the outlook for […]
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Enbridge’s $4.6-billion equity sale raises hopes for revival in Canadian ECM issuance
A recent $4.6-billion capital raise by Enbridge ENB-T -1.23%decrease and a raft of new U.S. deals have spurred optimism for a revival in Canadian equity capital markets (ECM) issuance, bankers and lawyers said. […]
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Sept 26 AM at the open: Resource stocks push TSX lower
Canada’s main stock index opened lower on Tuesday after a fall in commodity prices weighed on energy and materials stocks as demand concerns from China mounted while investors get ready […]
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Canada Energy Regulator rules in favour of Trans Mountain pipeline route deviation
The Canada Energy Regulator has approved Trans Mountain Corp.’s application to modify the pipeline’s route, a decision that could spare the government-owned pipeline project from an additional nine-month delay. The […]
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Congress remains divided on budget negotiations as government shutdown looms: ‘Our financial ship is sinking’
Congress is still in a stalemate on the federal budget as GOP hard-liners refuse to budge on further spending cuts. “I don’t know what to think,” said Senate Majority Whip […]
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High inflation remains the ‘bigger risk’ to the U.S. economy, Fed’s Austan Goolsbee says
nflation staying stuck above the Fed’s 2 per cent target remains a greater risk than tight central bank policy slowing the economy more than needed to bring the pace of […]
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Ramp up in U.S. auto strike expected to affect Canadian parts producers
“It spreads the pain around to a new level,” said Sam Fiorani, vice-president of global vehicle forecasting at AutoForecast Solutions. The addition of distribution centres increase the chance of disrupting […]