Market talk

  • TSX ends the week steady despite decline for energy, gold mining

    Friday saw a steady end to the week for the Toronto Stock Exchange with the main index losing ground with a decline for oil and gold mining stocks but gaining with West Fraser Timber posting better than expected quarterly results and with Wall Street sentiment running high after positive earnings.

  • Revenue agency clarifies TFSA after budget

    The Canada Revenue Agency says that the new limit for tax free savings accounts (TFSAs) announced in the budget on Tuesday can be used immediately.

  • Poloz predicts approaching oil break-even

    The Bank of Canada governor said on Friday that the economy will soon see more positive effects from the lower oil prices than negative effects.

  • CIBC shareholders show displeasure at compensation for exiting execs

    The shareholders of CIBC sent the board a message in their meeting yesterday; no big bonuses for exiting executives.

  • Daily Market Update

    Nasdaq ends on 15-year high; Investors eye earnings... Amazon’s cloud business will overtake retail by 2025... Apple Watch is out; today’s the day you can actually wear one...

  • Oil rebound on Saudi airstrikes; Energy stocks boost TSX

    The Toronto Stock Exchange got an indirect boost from the Middle East on Thursday as Saudi Arabia re-started airstrikes on Yemen two days after announcing they were to end.

  • Alberta posts worst EI figures since recession

    The human cost of the battered oil industry is shown in stark detail today with the release of the latest employment insurance figures from Statistics Canada.

  • First-time buyers rely on mom and dad

    A new report from the Bank of Montreal shows that an increasing number of first-time home buyers are only considering home ownership thanks to help from parents or other relatives.

  • TD to make job cuts

    Toronto-Dominion Bank is set to make further lay-offs despite making billions of dollars in profit according to a report from CNC News.

  • Daily Market Update

    Wall St. closes higher on earnings; Greece in focus... Asset management sector under scrutiny by Fed... Poultry exports down on avian flu concerns... Could our homes be battery powered in the future?