Penalties stem from actions surrounding private placement investments
Strength in energy and materials should offset lagging financials on the TSX
Deal expected to close in January
TSX should hit 15,000 by year-end
Canada represents anywhere from 50%-70% of the investible oil reserves in the world, says CIBC World Markets report
Canada to sidestep U.S. subprime woes
The recent losses on the Toronto Stock Exchange were driven by unwarranted fears that the U.S. subprime meltdown would seriously impact global growth, finds a new CIBC World Markets report.“Investors followed a circuitous route to link U.S. mortgages to Canadian equities over the past month,” says Avery Shenfeld, senior economist at CIBC World Markets. “Losses […]
CIBC World Markets report expects TSX to return 18.5% in 2007
Fears of a decline sparked by demographics greatly exaggerated, says CIBC World Markets
B.C. economy likely a seller of credits