Oil slumps on OPEC report... Inflation eased to 1% last month... Retailers had another positive month...
Stocks in the banking and natural resources sectors gained today pushing the Toronto Stock Exchange to a positive close.
Fourth quarter net income for Canada’s largest producer of heavy oil and natural gas almost tripled, giving earnings of $1.09 per share.
A report from RBC says that household debt grew by 4.6 per cent in January, the fastest growth in 2 years.
The quality of jobs in Canada is at a record low according to the CIBC employment quality index.
The date of Alberta’s budget has been announced; March 26.
Asian markets fall on weak expectations for China... AbbVie makes $21 billion cancer drug acquisition... Etsy set to raise $100 million from IPO... Costco exceeds expectations...
The Bank of Canada has decided to keep interest rates at 0.75 per cent and said that the conditions following its surprise cut in January are in line with its expectations.
Stephen Harper told reporters today that oil prices won’t stop growth in the economy but acknowledged the concern of those in Alberta.
A vote that would have overridden President Obama’s veto of TransCanada’s Keystone XL pipeline has failed to gain enough support in the US Senate.
The average cost of a detached single-family home in Toronto has now risen above $1 million.