Canada's federal government announced over $6 billion worth of stimulus measures Thursday, that will be in effect from mid-December through in the first part of 2025.
Goods and sales tax break: $1.6 billion
Canadian residents will enjoy a two-month tax break for groceries and holiday essentials from December 14, 2024 to February 15, 2025. The Goods and Services Tax (GST), a federal tax, is the same across Canada, currently ...
Goods and sales tax break: $1.6 billion
Canadian residents will enjoy a two-month tax break for groceries and holiday essentials from December 14, 2024 to February 15, 2025. The Goods and Services Tax (GST), a federal tax, is the same across Canada, currently ...
8
1
Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,525.40, up 0.22% from previous close
● Canadian retail sales surge continues for fourth month Amid interest rate cuts
● Gold prices rise for fifth session amid geopolitical tensions and strengthening dollar
● Platinum Group Metals shares surge on potenti...
● S&P/TSX 60 Index Standard Futures are trading at 1,525.40, up 0.22% from previous close
● Canadian retail sales surge continues for fourth month Amid interest rate cuts
● Gold prices rise for fifth session amid geopolitical tensions and strengthening dollar
● Platinum Group Metals shares surge on potenti...
Columns Canadian Financial Giant Spotlight: Why Has Insurance Giant Manulife Risen Over 60% This Year?
Canadian insurance giant Manulife Financial, listed in multiple global markets, has seen its Canadian stock $Manulife Financial Corp (MFC.CA)$ rise over 60% and its U.S. stock $Manulife Financial (MFC.US)$ climb more than 52% year-to-date.
The company's growth is closely tied to its international expansion strategy, consistent shareholder returns, and the high-interest rate environment.
▶ Manulife is capi...
The company's growth is closely tied to its international expansion strategy, consistent shareholder returns, and the high-interest rate environment.
▶ Manulife is capi...
+3
3
4
Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,505.40, up 0.32% from previous close
● Oil prices climb amid increased geopolitical risks and robust supply
● Manulife reaches $5.4-billion reinsurance agreement with Reinsurance Group of America
● AtkinsRealis wins US$60 million U.S. Federal gr...
● S&P/TSX 60 Index Standard Futures are trading at 1,505.40, up 0.32% from previous close
● Oil prices climb amid increased geopolitical risks and robust supply
● Manulife reaches $5.4-billion reinsurance agreement with Reinsurance Group of America
● AtkinsRealis wins US$60 million U.S. Federal gr...
1
Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,504.30, up 0.23% from previous close
● Silvercorp metals plans $130 million convertible notes offering, stock drops 15% in premarket trading
● Suncor Energy exceeds third-quarter expectations with strategic focus
● Metro Inc. reports slight di...
● S&P/TSX 60 Index Standard Futures are trading at 1,504.30, up 0.23% from previous close
● Silvercorp metals plans $130 million convertible notes offering, stock drops 15% in premarket trading
● Suncor Energy exceeds third-quarter expectations with strategic focus
● Metro Inc. reports slight di...
Canada's 12-month inflation rate rebounded to 2.0% in October, slightly above market expectations, from 1.6% in September, its lowest level in more than three years.
Goods prices edged up 0.1% year-over-year after contracting 1.0% in September, while services rose 3.6%, their smallest 12-month gain since January 2022.
The energy story
Just as in September, much of the story was energy related: Gasoline prices fell just 4.0%...
Goods prices edged up 0.1% year-over-year after contracting 1.0% in September, while services rose 3.6%, their smallest 12-month gain since January 2022.
The energy story
Just as in September, much of the story was energy related: Gasoline prices fell just 4.0%...
+1
7
Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,492.40, down 0.45% from previous close
● Canada CPI tad higher than expected in October on smaller drop in gasoline prices
● Shopify climbs to prominence in TSX Composite Index
● Gold rebounds from a two-month low as the dollar weakens
Currency Snapshot
Today, the Canadian dollar...
● S&P/TSX 60 Index Standard Futures are trading at 1,492.40, down 0.45% from previous close
● Canada CPI tad higher than expected in October on smaller drop in gasoline prices
● Shopify climbs to prominence in TSX Composite Index
● Gold rebounds from a two-month low as the dollar weakens
Currency Snapshot
Today, the Canadian dollar...
4
In October, Canada CPI rose by 2.0% from the previous year, marking an acceleration from September's 1.6% YOY rise. This less pronounced drop in gasoline prices in October (-4.0%) compared to September (-10.7%) contributed significantly to this uptick. Excluding gasoline, the CPI continued its steady climb of 2.2%, consistent with the growth observed in both August and September.
Looking at specific categories, goods experienced a marginal...
Looking at specific categories, goods experienced a marginal...
5
3
Earnings Preview
$NVIDIA (NVDA.US)$ is poised to release its Q3 2024 earnings on November 20, with expectations set high due to the company's significant growth driven by its AI chips, especially the new Blackwell GPUs. Analysts predict a substantial year-over-year revenue increase to $33.03 billion, up 82%, and earnings per share to rise by 88.11% to $0.70. The Data Center segment remains a key growth driver, anticipated to contrib...
$NVIDIA (NVDA.US)$ is poised to release its Q3 2024 earnings on November 20, with expectations set high due to the company's significant growth driven by its AI chips, especially the new Blackwell GPUs. Analysts predict a substantial year-over-year revenue increase to $33.03 billion, up 82%, and earnings per share to rise by 88.11% to $0.70. The Data Center segment remains a key growth driver, anticipated to contrib...
3
Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,506.10, down 0.10% from previous close
● RBC comments on Bank of Canada's next rate moves, Canada rates
● Canadian Dollar hits four-year low as BMO highlights concerns over Bank of Canada's indifference
● AtkinsRéalis Group Inc. highlights nuclear business growth and strategic contracts am...
● S&P/TSX 60 Index Standard Futures are trading at 1,506.10, down 0.10% from previous close
● RBC comments on Bank of Canada's next rate moves, Canada rates
● Canadian Dollar hits four-year low as BMO highlights concerns over Bank of Canada's indifference
● AtkinsRéalis Group Inc. highlights nuclear business growth and strategic contracts am...
![[empty]](https://static.moomoo.com/node_futunn_nnq/assets/images/folder.5c37692712.png)
![[error]](https://static.moomoo.com/node_futunn_nnq/assets/images/no-network.991ae8055c.png)
![[loading]](data:image/svg+xml;base64,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)