The Daily

September 11th, 2018 Daily Market Commentary Canadian Headlines Two of the most storied names in German department stores are combining in a deal orchestrated by an Austrian real estate billionaire, highlighting the pressures facing traditional retailers amid the rise of Amazon.com Inc. Karstadt, controlled by Rene Benko’s Signa Holding GmbH, agreed to take over Galeria Kaufhof, owned [...]

September 9th, 2018 Daily Market Commentary Canadian Headlines Two of the most storied names in German department stores are combining in a deal orchestrated by an Austrian real estate billionaire, highlighting the pressures facing traditional retailers amid the rise of Amazon.com Inc. Karstadt, controlled by Rene Benko’s Signa Holding GmbH, agreed to take over Galeria Kaufhof, owned [...]

September 8th, 2018 Daily Market Commentary Canadian Headlines Canadian commercial real estate investment reached new heights in the second quarter, boosted by a pair of big acquisitions and by the lure of attractive, income-producing property. Transactions reached C$16.5 billion ($12.5 billion). That’s 38 percent more than the previous record, set in the first quarter of [...]

September 7th, 2018 Daily Market Commentary Canadian Headlines Canadian crude prices are plunging once again as repairs were completed on Alberta’s second-biggest oil sands upgrader and production surged from a new mine. Synthetic crude, a light grade produced in upgraders, fell Thursday to the biggest discount to West Texas Intermediate futures since December 2013, data [...]

September 6th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks dropped for a fourth day and followed U.S. peers lower as investors await updates on trade negotiations with Washington. President Trump said the U.S. may find out within days whether Canada will be part of a new continent-wide trade pact. Meanwhile, Canadian Foreign Affairs Minister Chrystia Freeland [...]

September 5th, 2018 Daily Market Commentary Canadian Headlines Talks to revamp the North American Free Trade Agreement are set to resume as U.S. and Canadian negotiators push to strike a deal amid President Donald Trump’s threats to walk away. Canadian Foreign Affairs Minister Chrystia Freeland is scheduled to meet U.S. Trade Representative Robert Lighthizer in Washington Wednesday after a series of [...]

September 4th, 2018 Daily Market Commentary Canadian Headlines President Donald Trump’s effort to force Canada into signing on to a new Nafta on his terms is facing new hurdles thanks to growing opposition at home to his threat to proceed without the U.S.’s northern neighbor. Trump’s frustration spilled into the open over the holiday weekend as he [...]

August 31st, 2018 Daily Market Commentary Canadian Headlines President Donald Trump said the U.S. is making progress with Canada to revamp Nafta as negotiators stepped up the pace of discussions to meet a Friday deadline to reach an agreement. “Canada’s going to make a deal at some point. It may be by Friday or it may be [...]

August 30th, 2018 Daily Market Commentary Canadian Headlines Toronto-Dominion Bank posted a record quarter in the U.S., thanks to Americans who took out more loans and turned to the discount broker services of a bulked-up TD Ameritrade. The Canadian lender reaped C$225 million ($174 million) from its investment in the U.S. brokerage, helping drive record profit [...]

August 29th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks fell for the first time in three sessions as investors awaited developments in trade negotiations after the country’s foreign minister traveled to Washington for talks. The S&P/TSX Composite Index declined 0.5 percent to 16,355.54 in Toronto. Most sectors were weak, with health-care and energy leading [...]