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 […]
Category: Uncategorized
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Canadian auto parts stocks a cheap play on improving global supply chain
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 […]
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Economic Calendar: Aug 22 – Aug 26
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 […]
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Wayfair to cut 870 jobs, shares down 17%
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 […]
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At midday: TSX falls amid global risk-off sentiment
At midday: TSX falls amid global risk-off sentiment Canada’s main stock index fell on Friday as worries about an aggressive policy stance by major central banks hurt risk appetite even […]
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Enbridge to assume operation of Gray Oak oil pipeline in Texas
Enbridge to assume operation of Gray Oak oil pipeline in Texas Enbridge Inc. says it has completed a deal that will see the Calgary-based pipeline giant become operator of the […]
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U.S. weekly jobless claims dip as labour market remains resilient
U.S. weekly jobless claims dip as labour market remains resilient The number of Americans filing new claims for unemployment benefits fell last week and data for the prior period was […]
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OPEC secretary-general says oil slide driven by fear, upbeat on 2023 outlook
OPEC secretary-general says oil slide driven by fear, upbeat on 2023 outlook A recent oil-price slide reflects fears of economic slowdown and masks physical market fundamentals, OPEC’s new secretary general […]
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Keyera and Canadian National Railway to evaluate Alberta terminal project
Keyera and Canadian National Railway to evaluate Alberta terminal project Keyera 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 […]