Market talk

  • Oil capitals face housing correction says TD

    Calgary, Edmonton and St. John’s, Newfoundland are set to be hit by a housing correction over the next 12-18 months as the oil industry’s decline filters down to consumers.

  • Husky Energy cuts capital spending plans

    Husky Energy announced today that it is planning to cut its capital spending by up to $400 million in response to the downturn in oil prices.

  • Toronto attracts more visitors

    Tourists flocked to Toronto in record numbers last year according to data from Toronto Tourism.

  • Daily Market Update

    World markets higher despite lack of Greece deal... US foreclosures increase... Brent holds steady despite higher US stocks...

  • TSX steady on oil prices, Greek talks

    The Toronto Stock Exchange has had a largely unremarkable day of trading with the price of Brent crude holding around $55 and investors avoid risks on anticipation of the results of talks between Greece and Eurozone finance ministers.

  • Walmart Canada invests $340 million in expansion plan

    Walmart has today given a boost to the retail sector by announcing an expansion plan with 29 new Canadian stores over the next 12 months.

  • Air Canada profits hit record high

    The falling value of the Canadian dollar has cost Air Canada $100 million in the last quarter of its financial year but the airline has still posted record annual profits of $531 million, a rise from $340 million in the previous year.

  • Mutual funds in Canada outperform others

    Mutual funds are performing better in Canada than other countries according to analysis by the Financial Post.

  • Canadian pensions largely DB plans

    A study of pension plans show that the vast majority of assets held in Canada are defined benefit (DB) with defined contribution (DC) plans amounting to a very small percentage.

  • TSX Venture 50 announced

    TSX Venture Exchange has announced its annual Venture 50 of strong performing companies from 5 sectors.