Gold prices scaled to another record high Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven asset. Market watchers are expecting the U.S. […]
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Mar 27, 2024: TSX Ends On Strong Note
ublished: 3/27/2024 4:51 PM ET | The Canadian market ended on a firm note on Wednesday thanks to sustained buying at several counters in healthcare and materials sectors. Real estate, consumer discretionary, utilities, […]
Dow surges more than 450 points, S&P 500 closes at a fresh record: Live updates (Mar 28)
The S&P 500 rose Wednesday, closing at a record as the index heads for its best first quarter since 2019.The broader market index gained 0.86% to close at 5,248.49, while the Dow Jones […]
BRP reports fourth-quarter profit and revenue down from year ago, raises quarterly dividend
BRP Inc. DOO-T +5.64%increase raised its dividend as it reported its fourth-quarter profit and revenue fell compared with a year earlier and said its results for its 2025 financial year are expected to […]
Canada’s GDP outperforms growth forecast in January, likely grew 0.4% in February
Canada’s gross domestic product in January increased 0.6 per cent, the fastest growth rate in a year and higher than forecasts, and the economy likely expanded 0.4 per cent in […]
U.S. economic growth for last quarter revised up slightly to healthy 3.4% annual rate
The U.S. economy grew at a solid 3.4 per cent annual pace from October through December, the government said Thursday in an upgrade from its previous estimate. The government had […]
Firmer oil prices expected as demand builds and supply curbs persist, poll suggests
Oil prices will gain some momentum this year as demand picks up and output curbs by the OPEC+ producer group continue to squeeze supply that is already being pressured by […]
Enbridge forms U.S. gas venture to feed LNG demand
Calgary-based Enbridge Inc. ENB-T -0.82%decrease is joining forces with I Squared Capital and pipeline firms WhiteWater and MPLX MPLX-N +0.47%increase to connect natural gas supplies from the Permian Basin to the U.S. Gulf Coast.The joint venture, […]
Manulife Financial signs $5.8-billion reinsurance deal with RGA Life
Manulife Financial MFC-T +1.30%increase said on Monday it has agreed to reinsure $5.8-billion of reserves of Canadian Universal Life block, as the country’s top insurer looks to de-risk its business and improve shareholder […]