The Daily

May 17th, 2019 Daily Market Commentary NEWS Canadian Headlines Canada’s opposition Conservatives, leading in the polls ahead of October elections, will seek to make the country oil independent within 10 years if they win power, the party’s leader said Thursday. Andrew Scheer, the front-runner to unseat Prime Minister Justin Trudeau, said he’ll work toward that goal [...]

May 14th, 2019 Daily Market Commentary NEWS Canadian Headlines Canadian stocks continued to decline for a third day, after China retaliated with higher tariffs on a range of American goods. Pot stocks were the biggest losers as new Canada licensing rules may worsen a shortage. The S&P/TSX Composite Index fell 0.6% to 16,193. Health care and consumer discretionary sectors [...]

May 13th, 2019 Daily Market Commentary NEWS  Canadian Headlines Bank of Canada Governor Stephen Poloz enters the final year of his term next month, and the guessing game on who could succeed him is underway. While Poloz hasn’t officially announced whether he wants to stay, no Canadian central bank governor has been given a second mandate since [...]

May 10th, 2019 Daily Market Commentary NEWS   Canadian Headlines President Donald Trump discussed trade and legal disputes with China in a telephone conversation Thursday with Canadian Prime Minister Justin Trudeau. The two leaders talked about the negotiations with China as the U.S. readied a tariff increase from 10% to 25% on some $200 billion in Chinese goods, [...]

May 9th, 2019 Daily Market Commentary NEWS  Canadian Headlines Canadian Prime Minister Justin Trudeau’s plan to make housing more affordable for millennials could result in shared gains -- or losses -- for taxpayers. The government announced in its March federal budget that Canada’s housing agency will spend up to C$1.25 billion ($928 million) over three years to take [...]

May 8th, 2019 Daily Market Commentary NEWS   Canadian Headlines Canadian stocks fell for the sixth day in seven Tuesday as investors remained on edge over President Trump’s threat to increase tariffs on billions of dollars of imports from China. Oil also tumbled toward $60 a barrel. The S&P/TSX Composite Index slid 0.8 percent to 16,358, the [...]

May 7th, 2019 Daily Market Commentary Canadian Headlines The Canadian government is likely to proceed with expansion of the Trans Mountain oil pipeline when it announces its decision next month, officials familiar with the matter say. The government has made no secret about its interest in finding a way to expand the conduit, but has tiptoed around [...]

May 6th, 2019 Daily Market Commentary Canadian Headlines Five months from an election, Canadian voters remain undecided on who they think would best grow the economy -- the latest signal of a wide-open race. Prime Minister Justin Trudeau and Conservative Leader Andrew Scheer are neck-and-neck as the top choices to best manage the country’s growth. But fully half the [...]