TSX closes higher despite Trump’s “America first” pledge... Inflation higher but still below BoC target... Retail sales up again in November... Amaya revises profit forecast after strong end to 2016...
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.
The failed vote to push through the Keystone XL pipeline yesterday has been followed by more bad news for TransCanada.
Drilling will be down by around 10 per cent in 2015 according to estimates from The Canadian Association of Oilwell Drilling Contractors.
The Canada Mortgage and Housing Association has expressed concern that homes here remain more expensive than those south of the border.
Tim Hortons has announced that its coffee and breakfast sandwiches will be 10 per cent higher in most locations from next Wednesday.
Global markets lower on weak Chinese factory data... Fed sounds optimistic note against backdrop of global instability... GM sued by Arizona over faulty ignition switches... Virgin America stocks up 50 per cent since IPO... Goldman Sachs fires investment banker...
The TSX was at near-three-month highs during Wednesday’s trading as energy stocks gave a boost to a market subdued by poor performance by gold producers and a downgrade for Blackberry.