The Daily

October 10th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks fell for a third day, their longest losing streak in a month, as U.S. equities rebounded. The loonie pared earlier losses against the greenback. The S&P/TSX Composite Index fell as much as 0.6 percent to the lowest since May 9, with tech and materials pacing declines. Pot [...]

October 9th, 2018 Daily Market Commentary Canadian Headlines Al Gore’s Generation Investment Management LLP and Canadian pension fund Caisse de Depot et Placement du Quebec teamed up to acquire control of wealth-management services provider FNZ in one of the year’s largest fintech deals. The acquisition of a two-thirds stake held by the private equity firms General Atlantic and HIG Capital values FNZ at [...]

October 3rd, 2018 Daily Market Commentary Canadian Headlines The threats were growing graver and the prospects for a new Nafta deal looked dark. But then each side blinked. The trade accord between the U.S. and Canada that came together Sunday night emerged from a frenzied, 72-hour push that capped 13 months of glacial negotiations, according [...]

October 1st, 2018 Daily Market Commentary Canadian Headlines The Canadian dollar reached its strongest level in four months as the nation joined the U.S. and Mexico in a trade deal to replace the North American Free Trade Agreement. The loonie appreciated almost 1 percent to touch C$1.2787 against the greenback, while Mexico’s peso rose for a fourth day. The new trade deal will [...]

September 28th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks gained, following U.S. peers higher, getting a boost from a rally in energy and technology shares. The loonie weakened for a second day as the U.S. dollar strengthened against major peers after the latest Federal Reserve rate hike. The S&P/TSX Composite Index rose 0.2 percent, with energy [...]