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...
Prime Minister Stephen Harper said today that the low oil prices won’t stop the federal government from balancing its budget but it will reduce its fiscal flexibility.
A new deal between Export Development Canada and London-based telecoms operator Vodafone will net Blackberry a $750 million windfall.
It’s long been called for and now the Canada Mortgage and Housing Corporation has issued data showing the level of foreign investor ownership in condos.
World markets lower as oil hits new lows; China data disappoints... Economist Bill Gross says structural growth will drop next year... Obamacare customers get more time to pay... Ford shares drop 5 per cent after downgrade... Airlines carrying extra bags…of cash...
There was a brief respite for the Toronto Stock Exchange as Talisman Energy and consumer shares gave the index a boost.
Shares in Talisman Energy surged 20 per cent before dropping back a little after Spanish energy giant Repsol confirmed that it is considering a takeover of the Canadian firm.
Canadians now have a higher proportion of debt to income according to new data.
A new report from CIBC World Markets says that Canada’s banks could lose profits of up to 7 per cent from their exposure to the oil industry.
The Bloomberg Nanos Canadian Confidence Index has fallen to its lowest figure for 10 months.
Oil dominates markets; Japanese election has little effect... Fed considers dropping ‘considerable time’ from policy statement... US oil states start to feel the pressure... PetSmart agrees sale for $8.7 billion... 3 per cent mortgage downpayment could be risky says Shiller... Healthcare deadline looms; most appear to opt for autoroll...