Bombardier, banks helps TSX post slim gain... Businesses call on Ottawa to intervene on CN strike... Boeing wants to stop bigger Bombardier jets...
The Bank of Montreal announced its first quarter results today and revealed a net income of $1 billion, down 6 per cent from the same period last year.
Canada’s oilsands could lose around two-thirds of their income if oil prices remain low according to analysis from research firm Wood Mackenzie.
StatsCan has published data that shows a decline in operating profits for corporations of 2.8 per cent in the fourth quarter to $89.4 billion.
Alberta was expected to make a surplus but economic conditions cast doubt on the ability of finance minister Robin Campbell being able to end the fiscal year on a high.
Markets anticipate Yellen’s speech... Banks investigated for possible rigging of commodities prices... OPEC emergency meeting now unlikely... Obama calls for curbs on retirement fund brokers...
By now it’s an all-too-familiar scenario; the oil price declines, energy shares suffer and drag the Toronto Stock Exchange lower.
Investors are increasingly cautious of Canada’s big banks with financial stocks suffering as a result.
President Obama will carry through his threat to veto the construction of TransCanada’s Keystone XL Pipeline.
The Scotiabank commodity index has plummeted to levels not seen since 2007.
Royal Dutch Shell has scrapped its plan for its Pierre River mine north of Fort McMurray due to the weak oil prices.