Market talk

  • Wholesale trade improved in December

    Figures from StatsCan show that wholesale sales rose 2.5 per cent to $55.4 billion in December with six of seven subsectors gaining, representing 80 per cent of wholesale sales.

  • More Canadians expect to be working past 65

    Retirement is getting further away for more Canadians. A poll by Sun Life shows that 60 per cent of respondents think they will be working past their 65th birthday, with 32 per cent expecting to still be employed full time.

  • Daily Market Update

    Hopes of Greek deal pushes indexes higher... HSBC offices raided by Swiss police... Obamacare sign-ups exceed 11 million... Sony aims for 25 per cent profit growth in 3 years... Buffett invests heavily in Deere & Co...

  • Greek talks stall but earnings support TSX

    The Toronto Stock Exchange outperformed some of its peers Tuesday as a failure of talks between Greece and its creditors stalled yesterday with fears of a Eurozone crisis weighing heavily.

  • Agents report ‘sense of panic’ in Western provinces

    Canada’s western provinces saw a drop in demand for existing homes in the first month of this year, as the country parses through the latest salse statistics.

  • Tim Hortons’ owner reports loss despite better sales

    One off costs are one of the reasons behind a loss of U$514.2 million at Restaurant Brands, the firm created from the merger of Tim Hortons with Burger King.

  • Newfoundland, Alberta headed for recession says CIBC

    Alberta will dip into recession this year but it will be mild and short-lived according to a report from CIBC World Markets.

  • Bikini Village files for bankruptcy protection

    Bikini Village, the Quebec based swimwear manufacturer has filed for bankruptcy protection to allow it time for find a buyer or partner.

  • International transactions in securities sees net outflow

    Figures released today by StatsCan show that foreign investors reduced their holdings of Canadian securities by $13.5 billion in December, led by sizable divestments in bonds and equities.

  • Daily Market Update

    World markets lower as Greek talks fail... Oil at near 2015 high... Apple is on the right road with electric car... Boston start-up gets backing from Branson... NYC has record 5 years for jobs creation...