Category: Uncategorized

Oil prices rose on Friday after a U.S. debt ceiling deal averted a default in the world’s biggest oil consumer, while attention turned to a meeting of OPEC ministers and […]

Suncor Energy Inc. SU-T will cut 1,500 jobs by the end of the year, as new CEO Rich Kruger forges ahead with his mandate to reduce costs and improve the company’s lagging […]

Can we shop our way out of a recession? Consumers in Canada are giving it their best shot. The strong first-quarter growth in GDP that caught economists off guard was powered by two […]

Fending off a U.S. default, the Senate gave final approval late Thursday to a debt ceiling and budget cuts package, grinding into the night to wrap up work on the […]

Ottawa has backstopped $3-billion more in debt for Crown-owned Trans Mountain Corp.’s delayed and overbudget oil pipeline expansion, but the government maintains its guarantees do not amount to public funding. According […]

Private sector employment increased by a seasonally adjusted 278,000 for the month, ahead of the Dow Jones estimate for 180,000, ADP reported. The ADP report noted that the distribution of […]

https://www.theglobeandmail.com/authors/monica-rizk/ Canadian Tire CTC-A-Trallied from $67.15 in March 2020 to $213.85 in May 2021 (A-B) and then had a one-half correction within a falling parallel channel over a period of two […]

Money markets and economists have grown more convinced that the Bank of Canada will make at least one more hike to interest rates this year in the wake of stronger-than-expected gross […]

Laurentian Bank of Canada LB-T -0.10%decrease raised its quarterly dividend as it reported a second-quarter profit of $49.3-million, down from $59.5-million a year ago. The Montreal-based bank says it will now pay a […]