Low interest rates have “done their job”: Poloz
The Bank of Canada’s next interest rate announcement is set for July 12
- By: Andy Blatchford
- June 28, 2017 June 28, 2017
- 08:35
The Bank of Canada’s next interest rate announcement is set for July 12
But the loonie rose to US75.83¢ as the price of oil rose to US$44.24 a barrel
Better communications, help with returns are among the notable changes
Clients need to refocus on the real reasons for investing
More than half of Canadians surveyed on the subject could not pass a short test
Gold stocks decline as price of bullion retreats
BlackBerry shares tumble 12%
Weaker year-over-year growth in gasoline prices helped slow the annual rate
AIG, XL Group and Chubb had a combined market share of approximately 40% as of the end of 2016, new Fitch report finds
Oil prices pull ahead
Key features of the Canadian sector will protect it from suffering a repeat of the U.S. housing crisis, report says
Standard and Poor’s downgrade reflects the province’s weakened budget performance and low commodity prices
Crude prices fall to a 10-month low
Bond markets could come under pressure
Crude oil prices sink to seven-month low
Despite the overall decline in M&A activity, the consolidation trend remains strong in insurance, which accounted for 43% of M&A deals in the sector
HBC surges 15% on investor pressure
The draft regulations published on Friday are in line with Ottawa’s consultation paper from August 2014 and consistent with expectations
However, meat prices are expected to jump in 2017
Grocery stocks hammered after Amazon deal to buy Whole Foods
Foreign investors buying Canadian securities and Canadians selling foreign equities have resulted in total net inflows of almost $50 billion through April
Oil prices move lower; tech stocks pull back
U.S. stock markets were mixed following the Fed’s announcement that it was hiking its key interest rate
CREA chief economist Gregory Klump says he would not be surprised if such a measure were implemented
The U.S. central bank has also unveiled plan to reduce bond holdings later this year