TSX rises to start first full week of 2019
The loonie also hit a four-week high on Monday
- By: The Canadian Press
- January 7, 2019 October 31, 2019
- 16:35
The loonie also hit a four-week high on Monday
OSFI is currently considering whether to increase the limit on covered bonds, which have become an important source of funding for the big banks’ uninsured…
Strong trade, employment and interest rate news calmed investors’ fears
Higher interest rates and stricter mortgage rules contributed to the moderating market
Job growth offers reassurance about U.S. economy
But even in the tightened job market, wage growth remained well below inflation
The S&P/TSX composite index closed down by 134.41 points to 14,212.75
Burst of hiring in December comes as financial markets dread a broader economic slowdown
The key factor this year is whether OPEC and Russia will adhere to their promised production curbs
Less than 30% of Canadian pension plans were fully funded at the end of the year, down from 60% at the end of September, according…
U.S. stock indices also nudged upward to start 2019
The late December rally wasn’t enough to stave off significant losses for the year
2018 was "a challenging year for investors"
Oil and loonie sink
Breadth of expansion encouraging, economist says
The Bank of Canada’s business outlook survey results come ahead of the central bank’s next interest rate decision set for Jan. 9
Dow drops more than 460 points
Rating impacts will depend on how banks respond to their different regulatory environments
The proposed rules will improve the accuracy of measuring banks’ exposures and lead to better decision making
The return of inflation is a potential threat, requiring inflation-proofing of portfolios
TSX closes at new low for the year
Weaker gasoline prices help deliver lowest inflation reading in a year
Finance committee will hold public hearings across the province