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The Daily

16 07, 2019

The Daily – July 16th, 2019

2019-07-16T08:41:17+00:00

July 16th, 2019 Daily Market Commentary Canadian Headlines The pea-protein craze has led to Manitoba landing its second pea processing facility, a C$65 million ($49.84 million) plant near Winnipeg. The Burcon NutraScience Corp. is planning to open a 20,000-ton processing facility in mid-2020, which will create 80 to 85 jobs, according to Chief Executive Officer Johann Tergesen. The [...]

The Daily – July 16th, 20192019-07-16T08:41:17+00:00
15 07, 2019

The Daily – July 15th, 2019

2019-07-15T11:17:24+00:00

July 15th, 2019 Daily Market Commentary Canadian Headlines Investors made it clear last week that they no longer trust CannTrust Holdings Inc. The company’s regulatory breach may further erode consumers’ trust in the legal cannabis market as well. The company’s stock plunged 48% over the five trading days since regulators found it grew pot in unlicensed [...]

The Daily – July 15th, 20192019-07-15T11:17:24+00:00
12 07, 2019

The Daily – July 12th, 2019

2019-07-12T09:04:25+00:00

July 12th, 2019 Daily Market Commentary Canadian Headlines Toronto’s apartment crunch is finally easing as new supply hits the market and the removal of rent controls leads to record units on the drawing board, according to a new report. The vacancy rate rose to 1.5% in the second quarter, the highest since 2015, when research [...]

The Daily – July 12th, 20192019-07-12T09:04:25+00:00
11 07, 2019

The Daily – July 11th, 2019

2019-07-11T08:44:42+00:00

July 11th, 2019 Daily Market Commentary Canadian Headlines Canadian stocks closed with a small gain after coming within about 30 points of a record high earlier in the day, amid mixed messages from central bankers on both sides of the border. The S&P/TSX Composite Index added 0.1% to 16,563.29 after a volatile day of trading [...]

The Daily – July 11th, 20192019-07-11T08:44:42+00:00
10 07, 2019

The Daily – July 10th, 2019

2019-07-10T08:56:45+00:00

July 10th, 2019 Daily Market Commentary Canadian Headlines A strong run of economic data is affording the Bank of Canadaan opportunity Wednesday to resist any dovish turn in global monetary policy. Policy makers will keep the benchmark overnight rate at 1.75% in a decision at 10 a.m. in Ottawa, according to all 25 forecasts in a Bloomberg survey. That [...]

The Daily – July 10th, 20192019-07-10T08:56:45+00:00
9 07, 2019

The Daily – July 9th, 2019

2019-07-09T08:54:53+00:00

July 9th, 2019 Daily Market Commentary Canadian Headlines Alberta, Canada’s largest oil producer, plans to refrain from selling debt until its new government releases a budget update this fall, according to a province official. The province’s last issuance came in March, ahead of elections which saw United Conservative Party leader Jason Kenney unseat the New Democratic Party’s Rachel Notley as premier. Alberta’s business [...]

The Daily – July 9th, 20192019-07-09T08:54:53+00:00
8 07, 2019

The Daily – July 8th, 2019

2019-07-08T08:45:43+00:00

July 8th, 2019 Daily Market Commentary Canadian Headlines Bank of Canada Governor Stephen Poloz may have reason to start worrying about the strengthening Canadian dollar when he sets interest rates this week. Poloz has overseen the world’s best-performing currency this year, in part because he’s one of the few major central bankers still reluctant to toy with the idea of [...]

The Daily – July 8th, 20192019-07-08T08:45:43+00:00
5 07, 2019

The Daily – July 5th, 2019

2019-07-05T11:00:38+00:00

July 5th, 2019 Daily Market Commentary Canadian Headlines Canadian stocks ended Thursday’s session slightly higher in thin trading given the July 4 U.S. holiday. Gains in industrial shares were offset by a decline in marijuana stocks. The S&P/TSX Composite Index rose 0.08% to 16,588.85 in Toronto. Industrials were led by airline stocks, while the health-care [...]

The Daily – July 5th, 20192019-07-05T11:00:38+00:00
4 07, 2019

The Daily – July 4th, 2019

2019-07-04T09:38:02+00:00

July 4th, 2019 Daily Market Commentary Canadian Headlines Canadian stocks closed higher Wednesday, led by consumer staples and real estate shares. The energy complex also aided the rally after crude oil rebounded on drop in U.S. gasoline supplies. The S&P/TSX Composite Index gained 0.6% to 16,576.52. Materials and communication services were the worst performing sectors in [...]

The Daily – July 4th, 20192019-07-04T09:38:02+00:00
3 07, 2019

The Daily – July 3rd, 2019

2019-07-03T08:38:41+00:00

July 3rd, 2019 Daily Market Commentary Canadian Headlines Canadian stocks rose after a long weekend as Shopify Inc. led technology to outperform, while a decline in oil prices led to underperformance for energy stocks. The S&P/TSX Composite Index rose 0.5% to 16,471 in Toronto. Tech stocks, communications and industrials were the top three outperformers, while [...]

The Daily – July 3rd, 20192019-07-03T08:38:41+00:00
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