The Daily

September 25th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks followed their global peers lower amid rising trade tensions. The loonie weakened against the dollar for a second day as concern that Nafta will take a back-burner to the China impasse is putting a damper on traders’ enthusiasm for the Canadian dollar. Prime Minister Justin Trudeau and [...]

September 24th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks barely climbed on Friday, rising to their highest since the end of August, as negotiations for a U.S. trade deal continued. The loonie weakened, snapping a three-day advance against the greenback. The S&P/TSX Composite Index rose less than 0.1 percent, with real estate and industrial [...]

September 21st, 2018 Daily Market Commentary Canadian Headlines NAFTA talks have probably missed the latest in a string of deadlines, leaving all eyes on the U.S. over what will happen next. U.S. Trade Representative Robert Lighthizer and Canadian Foreign Minister Chrystia Freeland met Thursday in Washington, negotiating while a prominent Canadian union leader stood outside and sounded the alarm [...]

September 20th, 2018 Daily Market Commentary Canadian Headlines There’s no NAFTA deal yet – despite hints of optimism as the latest deadline bears down. U.S. Trade Representative Robert Lighthizer and Canadian Foreign Minister Chrystia Freeland met twice Wednesday, in two sessions totaling nearly four hours after lower-level staff had worked through the night. Freeland emerged saying those officials’ talks [...]

September 19th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks followed their global peers higher on Tuesday as top-level Nafta negotiations are set to resume in Washington, where Republicans are warning time is running out for Canada to join the U.S.-Mexico trade deal. The S&P/TSX Composite Index rose 0.7 percent, the most in two months, with health [...]

September 18th, 2018 Daily Market Commentary Canadian Headlines Canadian Foreign Affairs Minister Chrystia Freeland said lower-level negotiators continue to hold discussions in Washington in talks she described as continuous and intensive. Enbridge Inc. and Enbridge Income Fund Holdings Inc. today announced that they have entered into a definitive arrangement agreement under which Enbridge will acquire [...]

September 17th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks were little changed, closing in the green for only the second time out of the past 11 sessions. The late rally wasn’t enough to pull shares higher for a week, with equities down 0.5 percent. On the trade front, no talks in Washington are expected before Monday, [...]

September 14th, 2018 Daily Market Commentary Canadian Headlines With less than three weeks to go before the Oct. 1 election, an upstart alliance that’s pledging to reduce immigration is favored to oust the Liberal Party that’s governed the French-speaking Canadian province for all but two of the past 15 years. Coalition Avenir Quebec, the eight-year-old [...]

September 13th, 2018 Daily Market Commentary Canadian Headlines A unit of Ontario Municipal Employees Retirement System sweetened its bid for Australian property company Investa Office Fund to A$3.35 billion ($2.4 billion), escalating a bidding war with Blackstone Group LP. The Canadian pension fund’s Oxford Properties Group real estate unit raised its bid to A$5.60 a share, topping Blackstone’s latest A$5.52 [...]

September 12th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks have started September on the back foot. The S&P/TSX Composite index bounced back from a three-month low in Toronto Tuesday, rising as much as 0.2 percent, after posting its longest streak of losses since Jan. 2016. The gauge’s 1.1 percent drop last week pushed it into the [...]