Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at1,457.20, down 0.82% from previous close
● Canada's New Finance Minister Asserted Fiscal Capacity to Weather Tariff Conflicts
● Trudeau Plans Cabinet Reshuffle Before Trump Presidency and Election Year
● BlackBerry's Q3 loss narrows to US$11 Million
● H...
● S&P/TSX 60 Index Standard Futures are trading at1,457.20, down 0.82% from previous close
● Canada's New Finance Minister Asserted Fiscal Capacity to Weather Tariff Conflicts
● Trudeau Plans Cabinet Reshuffle Before Trump Presidency and Election Year
● BlackBerry's Q3 loss narrows to US$11 Million
● H...
In its final rate announcement for 2024, the Bank of Canada delivered a second consecutive half-percentage point rate cut, bringing the policy rate to 3.25% from 3.75%. Governor Tiff Macklem noted that if the economy progresses as forecasted, further rate cuts would occur in a more gradual manner.
With the policy rate now substantially lower, we anticipate a more gradual approach to monetary policy if the economy evolve...
With the policy rate now substantially lower, we anticipate a more gradual approach to monetary policy if the economy evolve...
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Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at1,474.20, up 0.05% from previous close
● Canada Post resumes commercial mail services following strike and boosts operations
● Volkswagen acquired $48 Million stake in Patriot Battery Metals company
● Organigram backed by British American Tobacco seeks to acquire U....
● S&P/TSX 60 Index Standard Futures are trading at1,474.20, up 0.05% from previous close
● Canada Post resumes commercial mail services following strike and boosts operations
● Volkswagen acquired $48 Million stake in Patriot Battery Metals company
● Organigram backed by British American Tobacco seeks to acquire U....
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Most Canadians take advantage of tax sheltering within a Registered Retirement Savings Plan (RRSP) or through the tax-free benefits of a Tax-Free Savings Account (TFSA). However, outside of registered accounts, tax efficiency plays a key role in building wealth.
■ Not all income is taxed the same way
Investment income varies in form, with the most common types being interest, dividends, and capital gains.
Like wages, interest incom...
■ Not all income is taxed the same way
Investment income varies in form, with the most common types being interest, dividends, and capital gains.
Like wages, interest incom...
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Driven by Elon Musk's close relationship with Trump and the potential benefits of deregulation, Tesla's stock price soared after the 2024 election, with an increase of over 85% since November 5, 2024. Tesla's innovative business and stock performance are remarkable, but the debate among investors regarding Tesla's high valuation has never ceased. In addition to the favorable outcome of Trump's election victory, there are two major ...
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Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at1,511.10, up 0.16% from previous close
● Canada's dollar plunges to Covid-Era low amid political chaos
● Quebec plans to halt most new gas-powered vehicle sales by 2035
● Nouveau Monde Graphite secured $50 million Investment for Graphite Mine expansion
● Dye & Durham's b...
● S&P/TSX 60 Index Standard Futures are trading at1,511.10, up 0.16% from previous close
● Canada's dollar plunges to Covid-Era low amid political chaos
● Quebec plans to halt most new gas-powered vehicle sales by 2035
● Nouveau Monde Graphite secured $50 million Investment for Graphite Mine expansion
● Dye & Durham's b...
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According to Bloomberg, the Canadian dollar continued its downward trend, falling below US$0.70 on Tuesday. This marks its weakest level since the onset of the COVID-19 pandemic. The loonie's decline is attributed to Canada's lagging economy and the challenges faced by officials in formulating a response to President-elect Donald Trump's 25% tariff threats. Additionally, Brad Bechtel, Global Head of FX at Jefferies, noted that the GS...
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Columns Everything You Need to Know on Tuesday: Canada's November Inflation Rate Slightly Declines to 1.9%
Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,507.30, down 0.17% from previous close
● Canada's November inflation rate slightly declines to 1.9%
● Government seeks to reduce limits on pension fund Investments in fall economic statement
● Federal government's fall economic statement has revealed a deficit of $61.9 bil...
● S&P/TSX 60 Index Standard Futures are trading at 1,507.30, down 0.17% from previous close
● Canada's November inflation rate slightly declines to 1.9%
● Government seeks to reduce limits on pension fund Investments in fall economic statement
● Federal government's fall economic statement has revealed a deficit of $61.9 bil...
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The Canada CPI increased by 1.9% year-over-year in November, slightly down from a 2.0% rise in October. The deceleration was widespread, with notable slowdowns in clothing, household furnishings, and mortgage interest costs. Excluding gasoline, the CPI rose by 2.0%.
Monthly, the CPI remained unchanged in November after a 0.4% increase in October. Seasonally adjusted, it rose by 0.1%.
【Gasoline Prices】
Year-over-year, gasoline prices decre...
Monthly, the CPI remained unchanged in November after a 0.4% increase in October. Seasonally adjusted, it rose by 0.1%.
【Gasoline Prices】
Year-over-year, gasoline prices decre...
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Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
• Base metals: Lead prices drop to $1977 per tonne
• Energy metals: Li Carbonate prices drop 0.7% in the past week
• Precious metals: Gold prices drop 0.7% to $2654 per oz
• Bulk commodities: Iron ore prices drop 1.4% in the past week
Spot Price Snapshot
Key Price Moves
Spot gold fell by 0.7% to $2654 per ounce last ...
• Base metals: Lead prices drop to $1977 per tonne
• Energy metals: Li Carbonate prices drop 0.7% in the past week
• Precious metals: Gold prices drop 0.7% to $2654 per oz
• Bulk commodities: Iron ore prices drop 1.4% in the past week
Spot Price Snapshot
Key Price Moves
Spot gold fell by 0.7% to $2654 per ounce last ...
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