Market talk

  • Daily Market Update

    Oil stays higher, Greece causes concern... Banks under pressure, HSBC could face US charges... Qualcomm reaches $975m settlement with China... IEA warns the oil crisis isn’t over yet...

  • TSX advances as energy shares gain

    A positive start to the new week’s trading as energy shares were boosted by oil prices which have held their ground, adding to optimism that perhaps the bottom has already been reached, despite some analysts advising caution with that view.

  • Canadians were among those that HSBC helped to avoid tax

    The latest banking scandal, that banking giant HSBC assisted customers to avoid paying tax, involves almost 2,000 individuals and companies with links to Canada.

  • Tahoe Resources to buy Rio Alto

    Tahoe Resources Inc. said today that it has agreed to buy Rio Alto for $1.4 billion as it looks to grow its presence in Latin America.

  • Housing starts rise in January

    New figures from the Canada Mortgage and Housing Corporation show that housing starts increased in January.

  • The world trusts Canadian businesses

    A survey to find the most trusted businesses in the world has discovered that Canada ranks second.

  • 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.