Materials, energy lead clean sweep of TSX gains... Trade deal with EU is “impossible” says Canadian minister... Consumer prices up 1.3 per cent... RBC finance head to retire...
After the news that Mexx stores will be closing next month there was more bad news for retail today.
A report by OPEC claims that US oil producers will begin slowing the growth of production this year as the oil price slides to unprofitably low levels.
A slowdown in house prices has been reported today by the Canadian Real Estate Association.
Oil and copper rebound, global markets recover... All bets are off as casino firm ends up in the red... Blackberry stocks surges on takeover reports but firm denies talks... World’s 2nd richest man doubles stake in NYT... Pharmaceutical industry will be squeezed by insurers...
The TSX slumped again today but it wasn’t all down to energy, banks and minerals.
Oil made something of a comeback today despite an Energy Information Administration report showing a growing glut of supplies.
Subscribers to TV, telephone and internet services declined last year for Shaw Communications, meaning a 7 per cent drop in profits for the latest quarter.
The 95 stores that make up Mexx Canada will be liquidated by the end of February and the firm’s head office will close a month later.
Investors are betting against Canada’s economy with oil at its current low.
December saw house prices drop from the month before according to the Teranet-National Bank Composite House Price Index.