Canada’s main stock index climbed on Monday following a surge in information technology shares, while rising long-term government bond yields and risks of a potential escalation in the Middle East […]
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Tourmaline Oil to buy Bonavista Energy in deal worth $1.45-billion
Tourmaline Oil Corp. TOU-T +2.46%increase has signed an agreement to buy Bonavista Energy Corp. in a deal worth $1.45-billion.Under the acquisition, Tourmaline Oil will pay $725-million in shares and $725-million in cash, less […]
Scotiabank: The 6.4% Yield Is A Gift For Dividend Investors
SummaryBank of Nova Scotia is a quality high-yielding pick for patient investors due to its strong track record and steady revenue growth. BNS has a sizable footprint in emerging growth […]
Calendar: Oct 16 – Oct 20
Monday October 16Japan industrial production(8:30 a.m. ET) Canada’s manufacturing sales and orders for August. Estimates are month-over-month increases of 1.0 per cent and 1.1 per cent, respectively.(8:30 a.m. ET) Canadian […]
Oil Futures Settle Sharply Higher On Geopolitical Tensions
Published: 10/13/2023 3:15 PM ETOil prices rose sharply on Friday amid rising concerns about the potential impact of the ongoing Israel – Hamas war on global crude supplies.Israel’s military today called […]
Home sales dropped in September and prices will continue to fall in 2023, predicts real estate association
Canada’s national real estate association has downgraded its outlook for home sales and prices in 2023 for the second time this year as higher borrowing costs deepen the slowdown in […]
Gold Inches Higher On Dovish Fed Commentary
Published: 10/12/2023 6:12 AM ETGold prices rose on Thursday to test the $1,900 mark as the dollar and Treasury yields continued to fall on dovish Fed commentary.Spot gold rose 0.4 percent […]
TSX Rises Again, Ends 0.83% Up
Published: 10/11/2023 5:52 PM ETThe Canadian market ended on a strong note on Wednesday, led by gains in communications, consumer discretionary and financials sectors.Several stocks from real estate, utilities, consumer staples […]
Oil tracks global equities higher, IEA demand downgrade weighs
Oil prices rose about 1 per cent on Thursday, reversing earlier falls, on expectations that U.S. interest rates had peaked, but a lower demand growth forecast for next year from […]