Market talk

  • Imperial Oil may sell Esso gas stations

    The Esso gas stations owned by Imperial Oil may be sold to independent partners the firm has announced.

  • Another retailer to close Canadian stores

    Women’s clothes retailer Jones New York is closing all of its 127 stores and ending its wholesale business it announced today.

  • Daily Market Update

    Fed statement knocks global sentiment... McDonald’s flips burger bosses... Facebook exceeds market predictions... Obamacare tax penalty for millions... 401(k) balances hit new high in 2014...

  • TSX drops sharply on oil supplies, weak jobs data

    After a few days of gains the Toronto Stock Exchange has plummeted today after the American Petroleum Institute revealed Tuesday that stocks of US crude rose sharply last week.

  • Jobs data revised downwards for 2014

    Statistics Canada issued revised figures on the labour market today following updated population data and the new figures cut more than a third from previously released stats.

  • Cenovus cuts spending plans again

    Cenovus Energy has cut its spending plans again as the outlook for oil prices continues to suggest lower prices.

  • GM won’t decide on Ontario plant until 2016

    A press statement from General Motors today pushed any decision on new investment in its Oshawa, Ontario plant to next year.

  • Ivanhoe announces new partnership

    The real estate division of Quebec pension fund manager La Caisse de Dépot et Placement has announced a new partnership with Veritas Investments.

  • Supermarkets benefit from lower gas prices

    The grocery sector is benefitting from Canadians having extra cash in their pockets from lower gasoline prices.

  • Daily Market Update

    Global markets await news from the Fed... Fed expected to remain ‘patient’... Apple soars 38 per cent... Yahoo spins off Alibaba stake... Could diamonds be an investor’s best friend?