Category: Uncategorized

Canadian auto parts stocks a cheap play on improving global supply chainYou generally want to steer clear of the auto sector when recessionary forces are approaching. This may be the […]

Economic Calendar: Aug 22 – Aug 26Monday August 22(8:30 a.m. ET) Canada’s new housing price index for July. Analyst estimate is flat from June and up 7.4 per cent year-over-year.(8:30 […]

Wayfair to cut 870 jobs, shares down 17%Online furniture retailer Wayfair Inc said on Friday it would cut about 870 jobs, or 5% of its global workforce, as it looks […]

At midday: TSX falls amid global risk-off sentimentCanada’s main stock index fell on Friday as worries about an aggressive policy stance by major central banks hurt risk appetite even as […]

Enbridge to assume operation of Gray Oak oil pipeline in TexasEnbridge Inc. says it has completed a deal that will see the Calgary-based pipeline giant become operator of the Gray […]

U.S. weekly jobless claims dip as labour market remains resilientThe number of Americans filing new claims for unemployment benefits fell last week and data for the prior period was revised […]

OPEC secretary-general says oil slide driven by fear, upbeat on 2023 outlookA recent oil-price slide reflects fears of economic slowdown and masks physical market fundamentals, OPEC’s new secretary general told […]

Keyera and Canadian National Railway to evaluate Alberta terminal projectKeyera Corp. KEY-T -1.02%decrease and Canadian National Railway Co. CNR-T +0.15%increase have signed a deal to evaluate building a rail terminal in Alberta to ship energy products.The […]

Quebec pension fund manager Caisse loses $33.6-billion in first half of 2022Roiling world markets have taken their toll on Caisse de dépôt et placement du Québec, as the pension giant […]