Market talk

  • Daily Market Update

    Optimism dominates end of the week... US disappointed as UK applies to join Chinese-backed bank... Global carbon emissions held steady last year... US household wealth increased to record high in Q4...

  • TSX higher on mining stocks

    The Toronto Stock Exchange gained today as upbeat Chinese data eased concerns over metals demand and mining stocks increased.

  • Housing correction is underway warns report

    Some of Canada’s cities have already begun to see some correction in the housing market according to the Teranet National Bank HPI for February.

  • Household debt edges higher again

    The level of household debt in Canada rose to 163.3 per cent of disposable income in the fourth quarter of 2014.

  • Penn West cuts dividend as revenues fall

    Oil producer Penn West has cut its dividend from 3 cents per share to 1 cent amid falling revenues; losses widened to $1.77 billion in the last quarter of 2014.

  • Canada’s TV given more freedom to compete with online

    The ability of Canada’s traditional TV to compete with the growing challenge of online services was given a boost today.

  • Investors want to put cash into ethical businesses

    Businesses that operate ethically are increasingly likely to get investment from Canadians according to a study by the Responsible Investment Association.

  • Daily Market Update

    Wall St. lower on Fed rates; World markets trending higher... Dollar fever could dominate says Reuters... Banks fail Fed stress test... Taxpayers warned to claim repayments from IRS or lose them... Alibaba has invested $200 million in Snapchat...

  • TSX stabilises as oil rebounds

    The Toronto Stock Exchange has enjoyed a better day’s trading after benchmark Brent crude rebounded.

  • Car rental firms probed by regulators

    Car rental firms Avis and Budget are being investigated by Canada’s Competition Bureau over claims that they advertise fees that are much lower than the actual amount due, once other charges are added on.