Statistics Canada released the inflation report for May on Wednesday, showing a surprising uptick in the country's yearly inflation rate to 2.9% for the month, exceeding the forecasted figure of 2.7%. This development might shake the market's anticipation of a rate cut coming in July. Nonetheless, the data aligns with the Bank of Canada's target range for inflation control, set at 1%-3%. Before the report's release, market conse...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,308.80, down 0.25% ● Bank of Canada needs to rebuild public trust after inflation: governor Tiff Macklem ● National Bank's bid to buy Canadian Western signals more consolidations in banking sector ● OECD natural gas production edges lower in March, dr...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,342.60, up 0.23% ● Trans Mountain urged to modify criteria to boost crude quality ● Pembina Pipeline says potential Trans Mountain purchase not a priority ● Bank of Montreal cuts more U.S. investment bankers in drive for savings Market Snapshot Today, the Canadian ...
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Dividend Kings of Canada Dividend Kings of Canada
Dividend Kings In Canada are companies that have increased their Dividend per share for the most consecutive years, reflecting a strong business model and robust financials, and are likely to outperform the market with less volatility. Dividend Kings In Canada are companies that have increased their Dividend per share for the most consecutive years, reflecting a strong business model and robust financials, and are likely to outperform the market with less volatility.
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