Tags » S&P/TSX Composite Index

Gary Lamphier: Surprise OPEC deal to cap output sparks oil price rally

Alberta’s prolonged bout of economic misery is far from over, but the beginning of the end may finally be in sight.

Oil prices jumped sharply Wednesday after the Organization of Petroleum Exporting Countries, or OPEC, agreed to curb output, a surprise development that could gradually help to stabilize global energy markets after nearly two years of widespread carnage. 826 more words

Local Business

Blackberry and Bombardier may be booted out of Canada's largest ETF due to new index rules

Canada’s biggest exchange-traded fund will be shaken up should a new industry classification result in companies such as Bombardier Inc. and BlackBerry Ltd. being booted out of an index tracking the country’s 60 biggest stocks. 529 more words


Canada stocks fluctuate on earnings-heavy trading day as energy shares offset Manulife slide

Canadian stocks fluctuated after erasing earlier losses, as energy producers climbed with crude oil to offset declines paced by Manulife Financial Corp. after its earnings disappointed. 443 more words

Market Moves

Canada stocks rise, cap July gain as oil rebounds in the wake of poor GDP data

Canadian stocks pared a weekly decline as energy producers advanced after crude oil rebounded from the precipice of a bear market. The nation’s equity benchmark completed a monthly gain, after swinging between gains and losses, with disappointing economic data and earnings setting the tone on the last day of July trading. 547 more words

U.S. Economy

'We're now on to the next shiny new object and that's earnings season': North American markets build on gains

Canada’s largest lenders rose, helping boosting the nation’s benchmark equity gauge, as Ballard Power Systems Inc. traded at the highest level in six months after agreeing to a $168-million deal to produce fuel cells in China. 841 more words


The case for going long on Canadian stocks in any Brexit outcome

Whether Britons vote to leave the European Union or agree to stay, Manulife Asset Management fund manager Steve Belisleplans plans to be a buyer in the Canadian stock market. 735 more words

Market Moves

North American stocks slide for third straight session as big tech drags

North American stocks stumbled for a third straight session on Monday as tech stalwarts Microsoft and Apple dragged on indexes and investors braced for major economic and political events in the United States and Europe. 483 more words

Canadian Economy