The Daily

November 23rd, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks posted a small loss on lower-than-normal volume as trading eased off ahead of the U.S. Thanksgiving holiday. The S&P/TSX Composite Index slipped three points or less than 0.1 percent to 16,073.58, the first drop in five trading days. Telecom stocks were the biggest [...]

November 22nd, 2017   Daily Market Commentary   Canadian Headlines Canada’s stock rally appears to be back on track, with stocks rising the most in nearly two months as a global risk-on trade boosted equities around the world. The S&P/TSX Composite Index gained 72 points or 0.5 percent to 16,076.65, the highest close in eight [...]

November 21st, 2017   Daily Market Commentary   Canadian Headlines Canada’s equity benchmark eked out a small gain as increases in pipeline shares offset declines in other commodity stocks. The S&P/TSX Composite Index added 6 points, or less than 0.1 percent, to 16,004.40, the highest in a week. Energy shares fell 0.4 percent even as [...]

November 20th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks rose for a second day but not enough to prevent a weekly decline, the first since early September. The S&P/TSX Composite Index gained 63 points or 0.4 percent to 15,998.57, but fell 0.3 percent on the week. After nine years, two presidential decisions, multiple [...]

November 17th, 2017   Daily Market Commentary   Canadian Headlines Overbond Ltd. is looking to shake up the primary bond market by broadening access to its digital platform that connects fixed-income investors with corporate issuers. The Toronto-based company, founded in 2015, will on Friday make its data hub available via mobile and desktop applications in [...]

November 16th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks closed at their lowest level in three weeks as falling commodity prices weighed on the benchmark amid a growing global risk-off mood. The S&P/TSX Composite Index lost 35 points or 0.2 percent to 15,878.48. The index has fallen six days in a row, [...]

November 15th, 2017   Daily Market Commentary   Canadian Headlines It’s back to the table time for Nafta negotiators after a month long breather in the talks, which broke up last time amid stark differences between the countries. The fifth round of talks begins in Mexico City on Wednesday before chief negotiators from the U.S., Canada and Mexico [...]

November 14th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks fell for a fourth day, the longest streak of declines in two months, amid a global risk-off trade prompted by growing pessimism over the likelihood of successful U.S. tax reform. The S&P/TSX Composite Index lost 13 points or 0.1 percent to 16,026.26, the lowest [...]

November 13th, 2017   Daily Market Commentary   Canadian Headlines Brookfield Asset Management Inc. has bid more than $14 billion to acquire the stake it doesn’t already hold in mall owner GGP Inc., according to a person with knowledge of the matter. The Canadian investment firm made an offer of about $23 per share, the person [...]

November 10th, 2017   Daily Market Commentary   Canadian Headlines TransCanada Corp. gave its strongest signal yet that it has enough demand from producers to fill the long-delayed Keystone XL pipeline with oil. Now the ball is in Nebraska’s court. While the company has long said it expected sufficient support from oil producers, TransCanada completed an [...]