TSX plunges on sell-off amid political concerns... Inflation gathered pace in January... Husky could sell some of its Eastern Canadian assets...
Quebec’s infrastructure projects will be financed and operated by Canada’s second largest pension fund if a deal is ratified by the National Assembly.
Analysis from the Conference Board of Canada suggests that Alberta could suffer greater impact from the declining oil prices than a ‘slowdown’.
Oil at near 6-year low as UAE defends policy... Interest rates could rise in June... Banks unlikely to increase dividends for a while... Google stocks head for a bear market... American families struggle to recover from the recession but Congress is booming...
The falling price of oil continues to dampen the mood at the Toronto Stock Exchange and with Goldman Sachs now forecasting lower prices for longer that feeling could be around for a while.
A survey by the Bank of Canada puts the level of optimism in sales growth at the lowest level for more than 2 years.
Canadian Natural Resources is the latest big firm to cut spending plans due to the decline in oil prices.
Tekmira Pharmaceuticals has announced a merger with the US firm OnCore Biopharma.
The scrutiny of the environmental records of Canada’s oilsands is reportedly being opposed by the government and the US and Mexico look set to veto the checks too.
Oil still trending lower but world stocks start the week with gains... Goldman Sachs downgrades outlook for oil... Shire rebounds from failed AbbVie deal with US acquisition... Workers expect higher wages... GM plans to unveil the Volt and the Bolt...
The market opened and started a downward slide almost immediately hitting a trough around mid-morning before recovering some of its losses after lunch.