Market talk

  • Daily Market Update

    World markets lower as Greek talks fail... Oil at near 2015 high... Apple is on the right road with electric car... Boston start-up gets backing from Branson... NYC has record 5 years for jobs creation...

  • TSX gains with oil above $60, Europe more optimistic

    The week has ended with an optimistic note as oil prices again edged higher with stronger expectations of demand from the Eurozone and a lower outlook for US oil rig numbers. European issues looked more positive.

  • Obama urged to sign-off Keystone XL as Congress gives it the green light

    President Obama’s signature is now the only thing holding up the formal approval of the Keystone XL pipeline.

  • TransCanada earnings hike

    Shareholders in TransCanada will be receiving a fourth-quarter dividend of 8 per cent more than they have received in the previous four quarters.

  • Manufacturing rises in December

    New figures from StatsCan show that manufacturing sales rose 1.7 per cent in December, despite a 9.3 per cent drop in sales of petroleum and coal products (without that sector there was a rise of 3.2 per cent).

  • Swiss Chalet owner to go public

    Cara Operations has announced that it is to become a public company again; more than a decade after it delisted.

  • Canadian farmers had a record 2014

    Canada’s farming sector enjoyed a record income of $14 billion last year according to aggregate net cash income projections from Agriculture Canada.

  • Daily Market Update

    Optimism returns to world markets on Ukraine, Greece, Oil, Jobs... China’s smartphone giant coming to the US... CBS-Viacom tie-up? No says Moonves... Costco deal with AmEx will end this year... Expedia buys Orbitz...

  • Oil prices offset by insurance losses on TSX

    Brent crude edged higher today exceeding $59 a barrel giving a welcome boost to energy stocks however insurance firms Manulife and Sun Life posted weaker-than-expected quarterly earnings with the losses in that sector.

  • Bombardier CEO change, debt plans spook the market

    Investors sold-off shares in Bombardier after the Montreal-based firm announced that its CEO Pierre Beaudoin will step down from the role tomorrow (Friday) and become executive chairman with Alain Bellemare taking over as chief executive while long-term fixture Laurent Beaudoin will retire.