The Daily

September 26th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks extended their latest advance, propelled by rising oil prices that pushed energy shares to their highest in more than three months. The S&P/TSX Composite Index added 62 points or 0.4 percent to 15,516.23, its highest close since May. The benchmark has now gained [...]

September 25th, 2017   Daily Market Commentary   Canadian Headlines Talks toward reworking the North American Free Trade Agreement are progressing well, even though the U.S. hasn’t made detailed proposals in some of the most divisive areas, Canada’s chief negotiator said. Steve Verheul, speaking to reporters Sunday in Ottawa during the third round of talks, [...]

September 22nd, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks rose for a sixth day, their longest streak of gains in six months, boosted by a global rally in financial stocks following Wednesday’s hawkish shift from the U.S. Federal Reserve. The S&P/TSX Composite Index added 65 points or 0.4 percent to 15,454.92, its highest level [...]

September 21st, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks rose for a fifth day to their highest level in more than three months, led by energy shares amid growing optimism that crude markets are returning to balance. The S&P/TSX Composite Index added 97 points or 0.6 percent to 15,389.60, the highest close since [...]

September 20th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks turned positive for the year, surpassing their 2016 closing price for the first time since June in a broad-based rally led by telecom and financial stocks. The S&P/TSX Composite Index rose 56 points or 0.4 percent to 15,292.97, bringing its year-to-date gain to [...]

September 19th, 2017   Daily Market Commentary   Canadian Headlines Tax cuts for workers and businesses are looming in Quebec as the provincial government prepares to use its fiscal cushion to give voters relief ahead of planned elections in less than 13 months. A booming economy and a vibrant job market are putting Canada’s second-most [...]

September 18th, 2017   Daily Market Commentary   Canadian Headlines U.K. PM Theresa May, Canada PM Justin Trudeau are expected to agree that the EU-Canada Comprehensive Economic and Trade Agreement should be swiftly transitioned to form a new bilateral arrangement between the two countries after Brexit, according to statement on U.K. government website.     World Headlines [...]

September 15th, 2017   Daily Market Commentary   Canadian Headlines Nine months into the year and Canadian stocks still can’t get their act together. With an oil recovery still elusive, the S&P/TSX Composite Index is down about 1 percent, the worst-performing developed market after Israel. But investors appear to be growing more bullish: inflows into the iShares S&P/TSX [...]

September 14th, 2017   Daily Market Commentary   Canadian Headlines A Canadian marijuana producer is forging ahead with a U.S. expansion, despite being caught in the cross hairs of a regulatory review weighing the validity of company investments south of the border where the drug is illegal federally. Aphria Inc. has applied for a license to [...]

September 13th, 2017   Daily Market Commentary   Canadian Headlines U.S. Approves Possible Fighter Jet Sale to Canada. State Dept approves possible sale of 18 F/A-18E Super Hornet aircraft to Canadian govt, Defense Security Cooperation Agency says instatement. Potential sale, estimated at $5.23b in value, would also include radars, gun systems, radio systems, and other [...]