Category: Uncategorized

National Bank reports third-quarter profit down from year ago National Bank of Canada NA-T -0.74%decrease reported its third-quarter profit fell compared with a year ago as it was hit by higher provisions for […]

Brent oil climbs above $100 a barrel amid talk about OPEC output cuts Benchmark Brent oil climbed above $100 a barrel on Wednesday after Saudi Arabia suggested this week that […]

RBC profit misses forecasts, challenging economic outlook prompts loan-loss provisions Royal Bank of Canada’s third-quarter profit fell 17 per cent as the bank earmarked provisions against possible loan defaults, adopting […]

Scotiabank earnings miss expectations on higher interest rates Bank of Nova Scotia BNS-T -5.25%decrease fell short of expectations for its third-quarter earnings as mounting economic uncertainty put pressure on key parts of its […]

Dow slumps 600 points Monday to wrap worst day since June as summer rally fades https://www.cnbc.com/2022/08/21/stock-market-futures-open-to-close-news.html

Bank earnings are coming. Here’s what to expect As investors try to gauge the extent of the economic slowdown, a big clue is set to arrive next week when Canada’s […]

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

Economic Calendar: Aug 22 – Aug 26 Monday 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 […]

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 […]