Oil prices climbed on Tuesday after a senior Russian official said that Ukrainian drones had attacked a pipeline in Russia which pumps about 1 percent of global crude supply.Also, Kazakhstan […]
Category: Uncategorized
Inflation in Canada rises to 1.9%, with higher energy prices offsetting GST break
Canada’s annual inflation rate ticked higher in January but remained below the Bank of Canada’s target, as the rise in energy prices offset the lingering effects of the federal tax […]
Auto parts maker Magna warns tariffs would be ‘disruptive’ but prepared to face them
Auto parts maker Magna International Inc. is warning tariffs would have a negative impact on the auto industry, but says it’s ready to deal with what comes.“I believe this is […]
Economic Calendar: Feb 17 – Feb 21, 2025.
Monday February 17Canadian and U.S. markets closedJapan real GDP and industrial productionEuro zone trade surplus(8:15 a.m. ET) Canadian housing starts for January.(8:30 a.m. ET) Canada’s international securities transactions for December.Earnings […]
Stocks in play: Fortis Inc.
Released its 2024 annual financial results. Highlights: Annual net earnings of $1.6 billion, or $3.24 per common share for 2024. Annual adjusted net earnings per common share of $3.28, up […]
Magna: Q4 Earnings Snapshot
Magna International Inc. (MGA) on Friday reported fourth-quarter profit of $203 million.The Aurora, Ontario-based company said it had profit of 71 cents per share. Earnings, adjusted for non-recurring costs and […]
TC Energy: Q4 Earnings Snapshot
TC Energy Corporation (TRP) on Friday reported fourth-quarter net income of $714 million.On a per-share basis, the Calgary, Alberta-based company said it had net income of 67 cents. Earnings, adjusted […]
Enbridge: Q4 Earnings Snapshot
Enbridge Inc. (ENB) on Friday reported fourth-quarter profit of $352.4 million.The Calgary, Alberta-based company said it had profit of 16 cents per share. Earnings, adjusted for non-recurring costs, came to […]
Sun Life: Q4 Earnings Snapshot
Sun Life Financial Inc. (SLF) on Wednesday reported fourth-quarter profit of $169.4 million.On a per-share basis, the Toronto-based company said it had net income of 29 cents. Earnings, adjusted for […]