Benjamin Tal, deputy chief economist at CIBC World Markets Inc., explains how the “twilight zone” of energy prices impacts Alberta, and how investment in the province will continue to be challenged by price volatility.
The benchmark Canadian stock market index rose more than 260 points
Investors see jobs data as boosting chance of rate cuts
Rising geopolitical risk threatens to undermine rules-based economic system
Economy continues to grow, with Atlanta Fed projecting 2.7% increase in Q4
The transaction will see CI GAM’s AUM increase to roughly $170 billion
Prices expected to strengthen in the second half of 2026
Finance leaders say the actions will hurt consumers
Core prices increased 2.6% from a year earlier, above Fed's target