More groundwork needed to maintain Canada-U.S. relations ...
WEB2 hours ago · The Canadian Press. TORONTO — More needs to be done to maintain North American relations in an increasingly competitive and volatile world, attendees at the U.S.-Canada Summit in Toronto heard on Tuesday. Canada needs to do more to lay groundwork today to avoid being surprised again on trade agreement talks, said Darryl White, chief …
Canada defends capital gains tax hike, says it will keep ...
WEB1 day ago · A planned hike in the capital gains tax for the wealthiest will help keep Canada's borrowing low and fund social programmes, Finance Minister Chrystia Freeland said on Monday. "We know now is the time to invest in Canada and Canadians," Freeland told a press conference. Freeland in April revealed a new tax on the wealthy to bring in C$20 …
Canada signs second deal to guarantee price of captured carbon
WEB1 hour ago · The Canada Growth Fund, a federal clean-tech financing agency, on Tuesday signed its second deal to backstop carbon prices with a proposed Alberta facility that would convert landfill waste to electricity and sequester the resulting carbon emissions. The proposed waste-to-energy facility, located near Edmonton and the first of its kind in …
Apple brings ChatGPT and more AI to devices, Wall Street ...
WEB20 hours ago · By Aditya Soni and Max A. Cherney. (Reuters) -Apple unveiled a long-awaited AI strategy on Monday, integrating its new "Apple Intelligence" technology across its suite of apps including Siri and bringing OpenAI's chatbot ChatGPT to its devices. In the nearly two-hour long presentation at Apple's annual developer conference, executives …
The Dividend Kings: Stocks Every Canadian Investor Should Own
WEB3 days ago · The market can change, stocks go up and down, and dividends can be cut. But that’s why Dividend Kings can be so darn attractive. Dividend Kings have proven that no matter what the markets throw at it, these stocks will be able to keep on delivering dividends. So let’s get into why every Canadian investor should consider owning …
Canada's May job gains exceeds forecasts; wage growth ...
WEB4 days ago · TORONTO (Reuters) -The Canadian economy added more jobs than expected in May, the jobless rate ticked up to 6.2%, and the growth-rate of wages accelerated to a four-month high, data showed on Friday. Government of Canada yields are up, but that’s mostly in sympathy with the move in US Treasuries. "The further rise in the …
Stock market today: S&P 500, Nasdaq hit record highs as ...
WEB5 days ago · The S&P 500 rose nearly about 1.2% to close at at a record 5,354. Meanwhile, the tech-heavy Nasdaq Composite led the gains, popping nearly 2% to hit a record close of 17,187. The Dow Jones Industrial Average ( ^DJI) gained a more modest 0.2%. Tech was the clear leader on Wednesday, with Nvidia ( NVDA) soaring more than 5% as its …
Canada's energy, gold exports help narrow April trade deficit
WEB4 days ago · OTTAWA (Reuters) -Canada posted a smaller-than-expected merchandise trade deficit of C$1.05 billion ($765 million) in April, as energy and gold helped exports grow faster than imports, data showed on Thursday. Total exports rose 2.6% in April, while imports increased by 1.1%, Statistics Canada said. The energy category benefited from …
Investors don't want a stronger economy — they want rate ...
WEB5 days ago · Investors aren’t just expecting some of the news to be good, they want all of it to be. “Looking ahead, there is a real possibility of a very encouraging combination of lower inflation, lower interest rates, and healthy economic conditions,” said David Alcaly, lead macroeconomic strategist at Lazard Asset Management.
Why the Canadian dollar could be stuck in a 'low-for-long funk ...
WEB5 days ago · Story continues. That said, there is also limited downside in the loonie: it’s stuck in a low-for-long funk. Investors have priced in the rate divergence and inflation is low and stabilizing. That downside protection is actually very important for the Bank of Canada, because it means that interest rate cuts won’t trigger a big fall in the ...
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