Business (Canada)

Annual inflation rate resilient at 2.8%

OTTAWA — The country's annual inflation rate eased to 2.8 per cent in August as still-rising gasoline prices advanced at a more-moderate pace, …

Bank of Canada

Buckle up, two major market events that could send stock volumes sky-high are colliding today

Buckle up, traders. Two major market events that have the potential to send U.S. equity volumes sky-high will collide Friday.<p>The first is the …

Investing (Canada)

Shoppers Drug Mart gets medical pot licence from Health Canada

TORONTO — Shoppers Drug Mart has received Health Canada’s approval to be a licensed medical marijuana producer, opening the door for the pharmacy …

Shoppers Drug Mart

C$ gains for second week as inflation data boosts rate-hike bets

TORONTO (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Friday, but was on track to gain for the second straight week as data showing a pickup in underlying inflation boosted bets for a Bank of Canada interest rate hike next month.<p>Canada's annual inflation rate dipped to …

Bank of Canada

How did Trudeau’s taxes and benefits affect you? Find out with our calculator

There have been tax cuts for some and tax hikes for others. The Canada Child Benefit (CCB) was born, and the Canada Workers Benefit (CWB) is about to …

Money (Canada)

Marijuana Stocks Are the New Bitcoin

By<p>Updated Sept. 21, 2018 4:23 p.m. ET<p>Marijuana stocks had a short strange trip this week. Led by Tilray,the U.S.-listed grower that just went public …

Peter Thiel

U.S. ‘very, very close’ to moving ahead on Mexico trade deal without Canada, Trump adviser says

WASHINGTON, Sept 21 (Reuters) — The United States is getting “very, very close” to having to move forward on its trade deal with Mexico without …

Investing (Canada)

The Once Dull Hong Kong Dollar Keeps On Thrilling: QuickTake

Pegged to the U.S. dollar since 1983, most of the time the Hong Kong dollar is the dullest currency around. But this past year or so has been …

Hong Kong

The Enbridge deal: Hold, or take the money and run?

<b>I’ve done well on Enbridge Income Fund Holdings Inc. (ENF) with a gain of about 30 per cent, not including distributions. With the recent news about Enbridge Inc. (ENB) bringing subsidiaries in-house, I’m wondering if it makes sense to sell ENF and lock in my gain now or should I hang on and take</b> …

Enbridge

TSX rises 0.06 percent

(Reuters) - * The Toronto Stock Exchange's S&P/TSX rose 10.25 points, or 0.06 percent, to 16,225.00.<p>* Leading the index were AltaGas Ltd , up 5.9 percent, Gibson Energy Inc , up 5.1 percent, and Uni-Select Inc , higher by 5 percent.<p>* Lagging shares were Trican Well Service Ltd , down 6.2 percent, …

Toronto Stock Exchange

How to deal with client pushback on pricing

With the explosion online trading platforms and ETFs, it’s highly likely that clients have grown used to low fee percentages that are far below the …

Investing (Canada)

Craft Beer Wars: The fight to stay relevant in a crowded marketplace

To beer drinkers’ delight, B.C. is hopping with craft breweries. Cutting prices is just one way to generate buzz<p>The scene at Central City Brewers and …

Lifestyle (Canada)

U.S. is close to Mexico-only Nafta deal, adviser says: Reuters

The U.S. is getting "very, very close" to moving forward on a trade deal with Mexico and without Canada, Reuters reports, citing White House economic …

Interest Rates

At midday: Energy stocks lead TSX higher as marijuana producers fall

The energy sector pushed Canada’s main stock index up on Friday, as oil prices rose on supply concerns ahead of a meeting of OPEC and other large crude exporters.<p>The energy sector climbed 0.7 per cent as Brent crude oil rose 2 cents at $78.72 a barrel and U.S. light crude gained 21 cents at …

European Union

Schroders: Retirement products not helping Canadians

The need for people to double retirement assets between 55-65 years old is being overlooked, according to a global asset manager.<p>Schroders, which has …

Investing (Canada)

DIARY-Top Economic Events to Nov 29

© Reuters. DIARY-Top Economic Events to Nov 29<p>Sept 22 (Reuters) -<p>For other diaries, please see:<p>Top Economic Events<p>M/DIARY<p>Emerging Markets Economic …

Federal Reserve

Summit Industrial Income REIT: Rising Interest Rate Will Gradually Hurt Its Balance Sheet

Investment Thesis<p>Summit Industrial Income REIT (OTC:SMMCF) (TSX:SMU.UN) saw its interest coverage and debt service coverage deteriorated in the past …

Bank of Canada

Canadian Retail Sales Rise 0.3% in July, Led by Gas Stations

Rising gasoline prices gave a boost to Canadian retail sales in July, bringing the sector back to growth.<p>Retailers saw receipts increase by 0.3 …

Automotive Industry

Week ahead: Fed, Kavanaugh, US data | Financial Times

The US’s trade war with its allies will continue to dominate headlines next week but investors also await the latest monetary policy decision from …

Economics

Cornell review finds academic misconduct by food researcher

A prominent Cornell University food researcher resigned after an investigation found he committed academic misconduct, including misreporting data, …

Business (Canada)

Surging Canadian Dollar At 14-Week High, CPI And Retail Sales Next

The Canadian dollar is trading sideways in the Friday session, after posting strong gains in the Thursday session. Currently, USD/CAD is trading at …

Consumer Price Index

Cenovus Energy Inc. (TSX:CVE) Investors: Get Ready for a Blowout Year

Yes, Canadian crude is selling at a discount relative to Western Texas Intermediate Crude (WTI) due to pipeline constraints that seem …

Investing

Why financial, mental and physical health are interlinked

Mental, physical and financial health could the new holy trinity of wellness – and Sun Life Financial Inc is determined to harness their …

Investing (Canada)

Canada Retail Sales Climb, Inflation Falls, CAD Rallies

Canadian retail sales climbed in July following a decline in June, led by demand for food and higher gas prices.<p>Stats Canada said retail sales rose …

Bank of Canada

Government helping small businesses develop sustainable solutions

Canadian small businesses invited to develop innovative solutions to seven domestic plastics challenges<p>OTTAWA, Sept. 21, 2018 /CNW/ - As the single-largest purchaser of goods and services, the federal government is using procurement in a new way to help Canadian small business owners commercialize …

Small Business

Neiman Marcus creditor questions whether MyTheresa shuffle triggered default

A creditor of Neiman Marcus Group Ltd. is questioning whether the struggling retailer defaulted on its debt by shuffling one of its most promising …

Investing (Canada)

Could These 3 Marijuana Stocks Be on Their Way to $100 Billion Market Caps?

Profiting from widespread global use of marijuana could result in pot stocks with valuations of more than $100 billion someday.<p>Shares in marijuana …

Canada

Nissan recalls nearly 20,000 vehicles in Canada over fire risks

DETROIT – Nissan recalled nearly 240,000 cars and SUVs worldwide due to a fire risk and is advising people to park the vehicles outdoors in rare …

Money (Canada)

Canadian Shale Drillers Feel Permian Pain as Prices Collapse

The Permian Basin isn’t the only oil field facing pressure from pipeline bottlenecks.<p>While global oil prices have climbed almost 20 percent this …

Business

Potential NAFTA collapse poses major risk to Canada, conference board warns

Canada’s economic growth could be pared by about a quarter next year if the North American Free Trade Agreement collapses, and the drag will be …

Investing (Canada)