Canada’s railways could fully shut down in less than two weeks after the national labour tribunal ruled rail work does not amount to an essential service.In a pair of decisions […]
Category: Uncategorized
Calendar: Aug 12 – Aug 16
Monday, Aug 12830 am ET: Canada building permits for June. BMO expects a 10% rise, rebounding from May’s 12.2% decline2 pm ET: U.S. budget balanceEarnings include: Barrick Gold, Sun Life […]
Saputo reports $142M Q1 profit, revenue up nearly 10% from year ago
Saputo Inc. reported a profit of $142 million in its latest quarter as its revenue rose nearly 10 per cent compared with a year ago.The cheese and dairy company says […]
Linamar Delivers Another Quarter of Outstanding Double-Digit Growth and Announces CEO Succession
Linamar is announcing today that Jim Jarrell has been appointed Chief Executive Officer and President, following execution of a multi year succession transition plan. Mr. Jarrell succeeds Linda Hasenfratz, who will remain a […]
Pembina Pipeline earns $479 million in second quarter, ups full-year forecast
Pembina Pipeline Corp. says it earned $479 million in its second quarter of this year, a 32-per-cent increase over the same period in 2023.The Calgary-based pipeline company says its earnings […]
Calendar: Aug 5 – Aug 9
Monday August 5Canadian markets closedChina, Japan and Euro zone services and composite PMI(9:45 a.m. ET) U.S. S&P Global Services PMI for July.(10 a.m. ET) U.S. ISM Services PMI for July.(2 […]
Aug 8: Oil prices rise as jobless claims fall, market waits for possible Iran strike on Israel
West Texas Intermediate has bounced back after crude inventories fell for the sixth week in a row. The oil market is now waiting to see whether Iran will follow through […]
Drop in U.S. weekly unemployment claims calms market fears
The number of Americans filing new applications for unemployment benefits fell more than expected last week, calming fears the labour market was unravelling and reinforcing that a gradual softening remains […]
Canadian Tire Corporation Reports Second Quarter 2024 Results
SECOND QUARTER HIGHLIGHTSConsolidated comparable sales were down 4.6%. The consumer demand environment remained challenging, compounded by cold and wet weather, contributing to sales declines in all regions outside Atlantic Canada.CTR comparable […]