Alimentation Couche-Tard Inc. says its net earnings fell by almost a third in its fourth quarter as inflation-squeezed consumers watch their spending.The convenience store giant says net earnings attributable to […]
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Live updates: Canada’s inflation rate accelerated to 2.9% in May: Statsca
8:30 A.M.Canada’s inflation rate unexpectedly accelerated in May, Statistics Canada said on Tuesday. The Consumer Price Index rose 2.9 per cent in May on a year-over-year basis, up from 2.7 […]
Liberal government’s proposed capital gains tax changes come into effect today
The Liberal government’s changes to capital gains taxation came into effect Tuesday, despite significant pushback from business and physicians’ groups.Finance Minister Chrystia Freeland’s spring budget proposed making two-thirds of capital gains – […]
BoC’s Macklem says Canadian economy appears to be on track for soft landing
Bank of Canada governor Tiff Macklem said the Canadian economy appears to be on track for a soft landing where inflation falls back to the bank’s target without a major […]
June 24 : TSX Ends Nearly 300 Pts Up As Stocks Rally Ahead Of Inflation Data
By RTTNews Staff Writer ✉ | Published: 6/24/2024 5:31 PM ET | The Canadian market ended on a strong note on Monday with its benchmark S&P/TSX Composite Index recording its biggest increase in about seven weeks. […]
Calendar: June 24 – June 28
Monday June 24Germany business climate(10:30 a.m. ET) U.S. Dallas Fed Manufacturing Activity for June.(1:30 p.m. ET) Bank of Canada governor Tiff Macklem speaks at the Winnipeg Chamber of Commerce (with […]
Oil prices edge up as summer demand hopes offset downbeat Chinese data
Oil edged higher on Monday as hopes for a boost to demand from the summer driving season in the northern hemisphere offset Chinese data that underscored a bumpy recovery for […]
Calendar: June 17 – June 21
Monday June 17China retail sales, industrial production and fixed asset investmentJapan core machine ordersEuro zone labour costs(8:15 a.m. ET) Canadian housing starts for May. Estimate is an annualized rate rise […]
National Bank’s deal for Canadian Western Bank is a no-brainer on strategy – it’s the price that’s hard to stomach
For all the hype around corporate mergers and acquisitions, a good number are ugly ducklings dressed up as visionary projects. Executives love to talk about synergies and value propositions, but […]