Monday wrap: Banks buoy TSX
U.S. markets post solid gains
- By: Megan Harman
- July 13, 2009 July 13, 2009
- 16:00
Latest news in Research and Markets
Canadian businesses switch to optimistic outlook: Bank of Canada
Firms expect sales growth to gradually pick up over the next year
- By: Megan Harman
- July 13, 2009 July 13, 2009
- 15:20
Economic growth to resume in the second half of 2009: Conference Board
Canadian economy forecast to grow by 2.7% in 2010
- By: IE Staff
- July 13, 2009 July 13, 2009
- 10:05
Monday outlook: Asian markets tumble
Oil retreats below US$60 a barrel
- By: IE Staff
- July 13, 2009 July 13, 2009
- 07:35
The week ahead: Inflation report on deck
Goldman Sachs earnings due Tuesday
- By: IE Staff
- July 12, 2009 July 12, 2009
- 15:30
Friday close: TSX loses 5% on the week
U.S. stocks also close lower as investors remain cautious ahead of next week’s quarterly earnings reports
- By: Megan Harman
- July 10, 2009 July 10, 2009
- 16:01
Business confidence on the rise in Ontario
Survey results indicate that economic recovery is underway, Ontario Chamber of Commerce CEO says
- By: IE Staff
- July 10, 2009 July 10, 2009
- 11:28
CLC head calls for urgent changes to EI
Ken Georgetti is calling for changes to the accessibility and eligibility rules surrounding employment insurance
- By: Megan Harman
- July 10, 2009 July 10, 2009
- 11:18
Indicators show early signs of recovery: OECD
Potential recovery signals are emerging in Italy and France, with indications of troughs emerging in Canada, Britain, the U.S., China and India
- By: James Langton
- July 10, 2009 July 10, 2009
- 10:27
Unemployment rate rises in June: StatsCan
But while June’s drop was milder than expected, economists said the weighting to self employed and part-time positions is not encouraging
- By: Megan Harman
- July 10, 2009 July 10, 2009
- 10:10
Friday outlook: Stocks set to fall
StatsCan reports that the unemployment rate has risen to 8.6% in June from 8.4% in May
- By: IE Staff
- July 10, 2009 July 10, 2009
- 08:24
Canadian government building ties with South American economies
Finance Minister Jim Flaherty said that reaching out to emerging economies is critical
- By: Megan Harman
- July 9, 2009 July 9, 2009
- 16:40
Thursday close: TSX ends slump
U.S. stock markets had modest gains, helped by strength in energy stocks
- By: Megan Harman
- July 9, 2009 July 9, 2009
- 16:01
BoE stays on target with quantitative easing measures
England’s central bank also leaves key rate unchanged at 0.5%
- By: James Langton
- July 9, 2009 July 9, 2009
- 14:02
Housing starts continue to rise in June: CMHC
Increased activity indicates that housing activity has bottomed
- By: Megan Harman
- July 9, 2009 July 9, 2009
- 10:07
World economy to constrain Canada’s exports through late 2010: EDC forecast
Canadian exports will tumble by 21% in 2009 and activity levels will remain low in 2010, as growth will be a relatively meager 6.6%
- By: IE Staff
- July 9, 2009 July 9, 2009
- 09:43
Canada improves business investment relative to G7 peers
C.D. Howe Institute report suggests Canada's investment per worker should be clearly superior for the first time in recent history
- By: IE Staff
- July 9, 2009 July 9, 2009
- 09:29
New immigrants driving housing demand: Scotia Economics
The faster transition to homeownership has been supported in part by strong labour markets, the report suggests
- By: IE Staff
- July 9, 2009 July 9, 2009
- 08:49
Bull market to resume after summer: CIBC World Markets report
Firm recommends that there’s “enough upside” ahead to justifying staying in stocks
- By: IE Staff
- July 9, 2009 July 9, 2009
- 08:38
Thursday outlook: Markets set for gains
Investors are expected to react positively to a combination of good economic news
- By: IE Staff
- July 9, 2009 July 9, 2009
- 08:16
Brits announce banking regulation overhaul
FSA will have authority to impose higher capital requirements on firms that present greater risks to the financial system
- By: James Langton
- July 8, 2009 July 8, 2009
- 16:02
Wednesday close: TSX slide continues
But U.S. stocks, which were in negative territory for much of the day, largely recovered by the session’s close.
- By: Megan Harman
- July 8, 2009 July 8, 2009
- 15:56
U.S. still helping banks remove toxic assets off balance sheets
Pre-qualified fund managers will have to raise $500 million of capital, which the U.S. Treasury will the match
- By: James Langton
- July 8, 2009 July 8, 2009
- 15:51