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...
World stocks higher after Chinese exchange deal... US stock market hits record highs... Alibaba enjoys ‘Singles Day’ boom... Radio Shack to open at 8am on Thanksgiving Day... ‘Palace of Love’ becomes most expensive US property ever to go on sale...
The TSX has a bumpy ride today with early gains boosted by a revived Blackberry followed by losses from energy producers and an unexpected fall in housing starts.
Blackberry is pinning its hopes on the vast Chinese smartphone market.
Canadian banks are assessing how they will benefit from China’s decision at the weekend to appoint Canada as a trading hub for the Yuan.
New figures from the Canada Mortgage and Housing Corp. show that housing starts were down in October.
The Bloomberg Nanos Canadian Confidence Index shows that Ontario has overtaken Alberta after 17 months behind.
An investment fund designed to fuel innovation in Quebec is being backed by the federal and provincial governments.
Global shares lift with Chinese stock market deal but political unrest pushes oil higher... Obama calls for stronger links with China... FSB seeks to end bank bailouts... Moody’s: Global growth downgraded but US, UK and India look better... Credit card survey shows fewer penalties for late payers...
Canada’s jobless total has fallen to a six-year low and the number in employment increased for the second month in a row in October; marking a break in the up and down figures of recent months.
The OECD has revised its forecast for growth in the Canadian economy for this year; down from 2.5 per cent to 2.3 per cent.