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By Staff The Canadian Press Posted August 16, 2023 11:46 am Descrease article font size Increase article font size Strength in the energy sector helped lead Canada’s main stock index higher in late-morning trading after falling nearly 400 points on Tuesday on broad-based weakness. The S&P/TSX composite index was up …
Read More »S&P/TSX composite falling, U.S. stocks also in decline
By Staff The Canadian Press Posted August 1, 2023 11:40 am Descrease article font size Increase article font size Canada’s main stock index fell in late-morning trading as U.S. markets were also in decline. The S&P/TSX composite index was down 107.90 points at 20,518.74. In New York, the Dow Jones …
Read More »S&P/TSX composite on the rise, U.S. markets also up
By Staff The Canadian Press Posted July 31, 2023 11:54 am Descrease article font size Increase article font size Canada’s main stock index got a boost of more than 100 points in late-morning trading as U.S. markets also saw gains. The S&P/TSX composite index was up 116.31 points at 20,635.68 …
Read More »Alberta recommits to $10-a-day daycare plan in mandate letter
The Alberta government is reupping its commitment to affordable daycare. In her latest mandate letter, Premier Danielle Smith directed Children and Family Services Minister Searle Turton to make $10-a-day daycare happen. Her letter tells Turton to start “Working with the federal government and child care providers to implement $10-per-day daycare …
Read More »Canada’s economy grew 0.3% in May, but early signs of declines in June – National
Canada’s economy kept growing in May, but early signs of a long-awaited slowdown started to appear in June, according to Statistics Canada. The federal agency said Friday that real gross domestic product was up 0.3 per cent in May, with growth in services-producing sectors offsetting declines in goods. A return …
Read More »S&P/TSX composite ticks up in late morning trading Wednesday, U.S. markets mixed
By Staff The Canadian Press Posted July 26, 2023 11:39 am Descrease article font size Increase article font size Canada’s main stock index ticked up in late-morning trading as broad gains outweighed a pullback in technology stocks, while U.S. markets were mixed. The S&P/TSX composite index was up 19.33 points …
Read More »21 new Zellers pop-up shops to open inside Hudson’s Bay stores in 5 provinces
Over the next few weeks, a whole host of Zellers pop-ups are expected to appear inside Hudson’s Bay stores in five provinces by Aug. 11. HBC says the 21 new pop-ups will be much smaller than the last batch of retail locations and will serve as test spots for potential …
Read More »Rents dwarf minimum wage in every province. Rising interest rates aren’t helping – National
Pressure from higher interest rates and a lack of affordable housing means renters living on minimum wage in almost every neighbourhood across Canada are falling behind, a new report shows. A Canadian Centre for Policy Alternatives (CCPA) analysis released Tuesday evaluates housing markets in Canada by “rental wage” — the …
Read More »Inflation dropped below 3% in June, entering Bank of Canada target range – National
Descrease article font size Increase article font size The annual rate of inflation cooled to 2.8 per cent in June, marking a milestone in the Bank of Canada’s efforts to fight raging price pressures. Statistics Canada said Tuesday that the slowdown in prices was “broad-based” but attributed most of the …
Read More »As shares soar, is Laurentian Bank about to be put up for sale?
By Staff The Canadian Press Posted July 12, 2023 10:58 am Descrease article font size Increase article font size Shares of Laurentian Bank of Canada soared more than 30 per cent in early trading after the bank said it was conducting a review of its strategic options to maximize shareholder …
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