Market talk

  • Daily Market Update

    Asian markets mixed on weak data; Europe weighs Greece, Russia... Oil dips on weak Chinese data... US firms may not be leaving for tax breaks... Payday lenders set for tougher regulations...

  • TSX rises to 4-month high…then drops sharply

    Higher oil prices and an optimistic tone from better-than-expected US jobs data lifted the Toronto Stock Exchange to its highest mark in four months this morning before things started to turn sour.

  • Canada’s unemployment rate down in January

    StatsCan reported the January figures for the Canadian labour force today showing that an extra 35,000 people are now working and that unemployment has fallen to 6.6 per cent; 0.1 per cent lower than in December.

  • Canada has 30 per cent chance of recession

    There could be a national recession in Canada within a year according to David Madani of Capital Economics.

  • Blackberry stock spike sparks investigation

    Last month’s rumours of merger talks between Blackberry and Samsung caused stocks in the Waterloo, Ont. firm to surge although the talks were quickly denied.

  • CMHC predicts moderating housing market

    The housing market is expected to moderate this year but broadly in line with rest of the economy according to the Canada Mortgage and Housing Corporation.

  • Another retail failure

    Parasuco Retail Inc. today announced the closure of its stores in Quebec and Ontario with immediate effect and that it is filing for bankruptcy.

  • Daily Market Update

    Oil rallies but markets await US jobs news... Radio Shack files ch.11 and plans Sprint tie-up... GoPro announces revenue boost but stocks fall... Verizon announces asset sale...

  • Oil bounces back yet again, TSX ends on triple-figure high

    Could this week end as it began? The Toronto Stock Exchange started the week with highs, fell yesterday, but has rebounded again today.

  • Trade deficit widens

    New data from Statistics Canada showed that the trade deficit widened in December to $649 million from $335 million in November.