Oil, jobs help TSX to positive end to the week... Canadian labour market flat, unemployment down... Canadians keep buying cars...
The growing trend among teens to use electronic cigarettes in what’s known as ‘vaping’ is being curbed by Ontario.
Global shares higher on stimulus anticipation... Business confidence falls in Q3... World Bank warns of climate change risks to business... Detroit bankruptcy end date may be set today... Europe to vote on how to break the Google ‘monopoly’...
The TSX was boosted today by events thousands of miles from Canada.
The surprise of the day was a rise in Canada’s annual inflation rate to 2.4 per cent in October (up 0.1 per cent from September and beating the BoC inflation target of 2 per cent).
The Premiers of Ontario and Quebec have signed a deal that means a joint effort on climate change and sharing of electricity.
RBC has announced job losses as it plans to restructure its Wealth Management business.
A global study of the ultra-rich has found that more of them are in Canada this year than last.
Asian markets recover... Businesses react to Obama’s immigration plans... Senate committee to grill NY Fed chief... Alibaba stuns with $8 billion debut dollar bond... Amazon increases streaming; Facebook looks at drones...
It was a fifth day of gains for the TSX today with a rise in the oil price giving energy stocks a lift while gold producers also had a more positive day led by Vancouver’s Nevsun Resources who are tipped for a $1 billion takeover by QKR Corp.
Wholesale sales rose 1.8 per cent to $54.0 billion in September.