Oil, jobs help TSX to positive end to the week... Canadian labour market flat, unemployment down... Canadians keep buying cars...
Gains for financial stocks were soon outweighed by global shockwaves as the US revealed strong jobs data prompting forecasts of a June rate rise by the Fed.
Canada’s exports were disappointing in January according to the latest data from Statistics Canada.
Wind Mobile has won Ottawa’s auction of new mobile spectrum in Alberta, BC and Ontario and will build the next generation of mobile networks for the provinces.
It’s taken almost a decade but today a deal was announced to sell the Port of Montreal.
The surplus that’s expected to be confirmed by Alberta’s government later this month will provide extra spending in the province’s infrastructure.
Markets cautious ahead of US jobs data... US jobs data awaited, could signal rate rise in 3 months... Oil buoyant on Middle East supply concerns... Apple bids to dominate wearable tech this year... Amazon opens store on Alibaba...
Stocks in the banking and natural resources sectors gained today pushing the Toronto Stock Exchange to a positive close.
Fourth quarter net income for Canada’s largest producer of heavy oil and natural gas almost tripled, giving earnings of $1.09 per share.
A report from RBC says that household debt grew by 4.6 per cent in January, the fastest growth in 2 years.
The quality of jobs in Canada is at a record low according to the CIBC employment quality index.