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...
Bank of Nova Scotia and National Bank of Canada both announced their results today.
Anticipated US jobs data boosts Asia and Europe markets... Job growth is one thing, but where’s the growth in wages?... Uber picks up some wealthy passengers as investors put in $1.2 bn... Wake up and smell the (new home of) coffee...
The TSX fell again today as rumours circulated that Saudi Arabia is preparing to slash oil prices in January in a bid to gain ground from the US shale oil industry.
Following good results for RBC and not such good results for BMO, two more of Canada’s big banks reported their results today.
Discount chain Dollarama has announced profit growth of 18.4 per cent to $73 million in the last quarter, up from $61.7 million in the same quarter last year.
Enbridge shares increased to record levels today as the Calgary-based firm announced big changes to the structure of its finances and its dividend policy.
Markets in positive territory; oil holding up... Wall St. ends on record highs... US jobs cut at GlaxoSmithKline... Putin accuses the west of “pure cynicism” over Ukraine... Google to launch products for kids... Ford to expand airbag recall nationwide...
The Toronto Stock Exchange has enjoyed a more positive atmosphere today as the Bank of Canada confirmed that it is holding the interest rate at 1 per cent and gave a largely optimistic statement.
The Bank of Canada may have been largely positive about the economy but Stephen Poloz’ statement raised concern about the level of household debt.
Fourth quarter profit for the Royal Bank of Canada was up 11 per cent to $2.3 billion.