TSX declines while loonie climbs higher on oil prices
In New York, the Dow Jones rose while the S&P 500 and the Nasdaq declined
- By: Alexandra Posadzki
- July 28, 2017 December 14, 2017
- 15:35
In New York, the Dow Jones rose while the S&P 500 and the Nasdaq declined
The energy industry helped power growth in Canada’s GDP
The improvement from 1.2% annual growth in Q1 was powered by a robust recovery in consumer spending after a winter slowdown
Commodities continued to gain as oil, natural gas, gold and copper were all up
Gifting money not only helps children or grandchildren get established, it also offers significant opportunities for tax and estate planning
A new report from the Vancouver-based shareholder advocacy organization finds that the financial services sector is doing better than many others
The three major U.S. indices climbed to record highs on Wednesday
Supply constraints and stronger economy should lead to a pick up in property prices in the city
Evidence of problematic conditions is apparent in Toronto, Hamilton and Vancouver
The metals sector rose almost 5% as the September copper contract hit a five-month high
Sybenetix develops surveillance technology for the asset-management industry
The loonie rose almost a quarter of a cent, flirting with the US80¢ mark at close
However the IMF trimmed its projection for 2017 to 1.9% growth compared with an earlier forecast of 2%
New Morneau Shepell report reveals that the rise of the Canadian dollar had an impact on returns of foreign equities
IMCO has begun to manage the pensions for the Ontario Pension Board and WSIB
New B.C. premier meets Trudeau; StatsCan reports May GDP figures; corporate earnings; and more
The loonie is nudging closer to the US80¢ mark
Overall, the proportion of workers who are covered by a workplace pension is declining as well
The June number followed inflation readings of 1.3% in May and 1.6% in April, slipping further away from the Bank of Canada’s 2% target
The Nasdaq set a record high for a third session in a row
One bright spot so far this year is the artificial intelligence sector, which saw record investment activity in the first half
The banking sector’s fundamentals also continue to improve as troubled loans “have bottomed out in most regions” and profitability is up
But while both the number and value of deals dropped from the previous quarter, Q2 was the third most active quarter in the past three…
The total market capitalization of ETFs listed on Canada’s senior exchange is now approximately $130 billion