The Daily

August 13th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks followed global markets lower amid the ongoing trade war, with President Donald Trump doubling steel and aluminum tariffs on Turkish imports. The S&P/TSX Composite Index fell 0.6 percent to 16,326.51. Health care led losses, sinking 2.4 percent, the most in three weeks. Bausch Health Companies Inc., the [...]

August 10th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks rose, with all but two sectors climbing, even as diplomatic and trade tensions mounted between Canada and Saudi Arabia. The loonie still fell, erasing most of Wednesday’s gains. The S&P/TSX Composite Index rose 0.6 percent to 16,416.98 on Thursday, the highest this week. The Information Technology sector [...]

August 9th, 2018 Daily Market Commentary Canadian Headlines The decision by Saudi Arabia to halt new investments and unload assets in Canada is likely to have limited impact. Saudi assets in Canada are confined mainly to stakes in upscale hotel operators, some small stock holdings in companies like Canadian National Railway Co., and grain facilities. Most investments have [...]

August 8th, 2018 Daily Market Commentary Canadian Headlines As Nafta negotiators from the U.S. and Mexico meet for a third straight week in a push to complete a deal on cars, they’re also preparing for a showdown over a clause sought by the Trump administration that could end the agreement altogether. The nations are nearing [...]

August 7th, 2018 Daily Market Commentary Canadian Headlines The Canadian Securities Exchange has been publishing personal information of investors on its website for 15 years, including home addresses and amounts of their investments, a practice one shareholder rights advocate calls a “disturbing” breach of privacy. The CSE, a small stock exchange that’s raised its profile [...]

August 3rd, 2018 Daily Market Commentary Canadian Headlines Toronto’s housing market showed signs of continued stabilization as sales surged amid a decline in benchmark prices. Sales rose 19 percent in July to 6,961, from 5,869 in the same period a year earlier, the Toronto Real Estate Board reported Friday. Seasonally adjusted sales climbed 6.6 percent from June, [...]

August 2nd, 2018 Daily Market Commentary Canadian Headlines Canadian stocks fell as investors digested another escalation in trade rhetoric between the U.S. and China, while technology shares dropped to the lowest level since May. The S&P/TSX Composite Index lost 57 points, or 0.4 percent, to 16,376.77. The tech sector led the drop again, losing 1.5 percent even [...]

August 1st, 2018 Daily Market Commentary Canadian Headlines LG Electronics Inc., which has been integrating artificial-intelligence functions into its home appliances and smartphones, is launching its first Canadian AI lab, the latest company seeking talent in the country’s burgeoning tech industry. Molson Coors Brewing Co. is betting on pot by starting a joint venture with Hydropothecary Corp. to [...]

July 31st, 2018 Daily Market Commentary Canadian Headlines    Crude oil demand may be on the rise again, but　Canadian National Railway Co.’s new leader insists energy shipments won’t displace longtime railroad staples such as grain and lumber. Grain farmers in the western Prairie provinces saw exports slow to a crawl when Canadian National proved [...]

July 30th, 2018 Daily Market Commentary Canadian Headlines Canadian stocks retreated as tech stocks tumbled the most since 2013 and crude prices posted a fourth straight weekly drop. The S&P/TSX Composite Index lost 62 points or 0.4 percent to 16,393.95, bringing the weekly decline to 0.3 percent. The tech sector led Friday’s drop, sliding 4.2 percent [...]