Category: Canada
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Canada rail shutdown may still delay western grain exports By Reuters
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By Karl Bloom (Reuters) – A rail shutdown in Canada may delay the loading of some bulk grain ships at ports on the country’s West Coast despite a government move to end a standstill at the country’s two largest rail operators, traders and analysts said. More than 20 large cargo…
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Expect some comments from the Bank of Canada Governor this weekend
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Canada rare earth developer Tactical Resources doubles on SPAC merger plans By Investing.com
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Vancouver-based mineral exploration and development company. Tactical Resources Shares of Plum Acquisition III Corp (TSXV:) rose Friday on news that it plans to list on the Nasdaq through a merger with a special purpose acquisition company, Plum Acquisition III Corp (NASDAQ:). Shares of Tactical Resources Corp. surged 120% on the…
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Fertilizer Canada says rail stoppage to cost industry up to C$63 million a day By Reuters
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(Corrects currency to Canadian dollars from US dollars in title and paragraph 1) Written by Merinalika Roy Canadian Fertilizers warned Tuesday that disruptions affecting all rail services across the country will cost the fertilizer industry an estimated C$55 million (US$40.34 million) to C$63 million (US$46.21 million) in lost sales revenue,…
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Newsquawk Week Ahead: Jackson Hole, Fed and ECB Minutes, Canada and Japan CPI, Flash PMI
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19th-23rd August 2024: Mon: US Democratic National Convention (Aug 19-22), Bank of Indonesia Announcement, New Zealand Trade Balance (Jul) Tue: US Democratic National Convention (Aug 19-22), PBoC LPR, RBA Minutes, Riksbank Announcement, CBRT Announcement, EZ Final CPI (Jul), Canadian CPI (Jul) Wed: US Democratic National Convention (Aug 19-22), FOMC Minutes,…
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Bank of Canada to cut by 25 bps in September and October. Eyes on next week’s CPI
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Bank of Canada Governor Tiff Macklem RBC continues to expect the Bank of Canada to cut rates by 25 basis points on September 4 and again on October 23. The market sees a very small chance of a 50 basis point rate cut at one of these meetings, but this…
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Fitness World Canada Brings Accessible Exercise Classes to Youth In Need
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This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on August 13, 2024 •…
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CIBC tweaks rate cut forecasts, sees earlier easing from Fed and Bank of Canada
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Canada July employment change -2.8K vs +22.5K expected
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Previous month -1.4k Employment change -2.8K vs. +22.5K expected Unemployment rate 6.4% vs. 6.4% expected (up 0.9% y/y) Employment rate in the previous month 6.4% Full-time employment +62.0K vs. -3.4K previously Part-time work -64.4 thousand vs. +1.9 thousand previously Participation rate 65.0% vs. 65.3% previously Average hourly earnings on an…
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USDCAD little changed after the Canada jobs report
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The USD/CAD pair was little changed after the Canadian jobs report. Although the employment change fell by -2.8K jobs versus estimates of +22.5, full-time jobs increased by 61.6K jobs. Part-time jobs fell by -64.4K jobs, which offset those gains. The strength in full-time jobs outweighed the declines in part-time jobs.…
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Canada May GDP MoM 0.2% vs 0.1% estimate
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Previous month 0.3% May GDP 0.2% vs. 0.1% estimate. Advanced GDP released with April report was 0.1% GDP rose 0.1% in June. Construction, real estate, leasing, finance and insurance sectors also rose, while manufacturing and wholesale trade declined. Service-producing industries 0.1% Good productive industries 0.4% A total of 15 out…
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Americans wanting to move to Canada, Europe, spike after Trump vs Biden debate
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They say politics and religion shouldn’t be discussed in polite conversation. But for some people, that rule can be hard to follow — they’re leaving the country because of the U.S. presidential election. Business is booming for companies that specialize in moving American citizens to countries like Canada and Europe.…
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Canada May retail sales -0.8% vs -0.6% expected
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Previously +0.7% (revised to +0.6%) Previous cars -1.3% vs. -0.5% expected Previous excluding autos +1.8% (revised to +1.7%) Excluding autos and gasoline -1.4% vs. +1.4% previously The largest decline in sales was at food and beverage retailers (-1.9%). Sales also fell in May at building materials, garden equipment and supplies…
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Canada industrial product prices for June 0.0% vs 0.2% expected
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Previous CPI rates were revised 0.0% to 0.2%. IPPI Rates 0.0% vs. 0.2% Expected IPPI rates are 2.8% annual. Raw Materials Price Index -1.4% vs. -0.7% expected. Previous month -1.5% The wholesale price index rose 7.5% year-on-year for the fourth consecutive year. The rule implemented the annual increase level as…
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BlackRock® Canada Announces July Cash Distributions for the iShares® ETFs
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هذا القسم هو محتوى الشراكة المقدم تم توفير المحتوى الموجود في هذا القسم من قبل GlobeNewswire لأغراض توزيع البيانات الصحفية نيابة عن عملائها. لم تقم Postmedia بمراجعة المحتوى. بواسطة جلوب نيوزواير روابط مسار الفتات الخبز جلوب نيوزواير مؤلف المقال : نُشرت في 19 يوليو 2024 • آخر تحديث منذ 8…
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Ford ramping up production of popular F-Series Super Duty truck to Canada (F)
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To meet demand for the most popular pickup truck among businesses and consumers, Ford Motor Company (New York Stock Exchange: FFord is expanding production of F-Series Super Duty trucks to its Oakville, Ontario, Canada assembly plant with a $2.3 billion investment. The Canadian facility will increase Total production of the…
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Canadian CPI cements a Bank of Canada rate cut next week – CIBC
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The Bank of Canada is scheduled to meet on July 24, and economists are increasingly confident that interest rates will be cut. This is also reflected in interest rate derivatives, which now show a 93% chance of a rate cut. The consumer price index slowed to 2.7% from 2.9%, with…
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Home prices in Canada to rise this year, Royal LePage says
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Breadcrumbs Path Links News Real estate Prices rose 1.9 percent in the second quarter even as the number of properties bought and sold fell. Published on July 13, 2024 • Last updated 2 hours ago • Read for 3 minutes You can save this article by registering for free here.…
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Home prices in Canada to rise this year, Royal LePage says
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Breadcrumbs Path Links News Real estate Prices rose 1.9 percent in the second quarter even as the number of properties bought and sold fell. Published on July 13, 2024 • Last updated 2 hours ago • Read for 3 minutes You can save this article by registering for free here.…
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Newsquawk Week Ahead: US & UK Retail Sales, Japan, NZ, UK and Canada CPI, and ECB
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Mon: Republican Convention, Holiday: Japanese Marine Day, Eurogroup Meeting, Eurogroup Informal meeting ofEnergy Ministers; Chinese GDP (Q2), Industrial Output/Retail Sales (Jun), Swiss PPI (Jun), US NY FedManufacturing (Jul), EZ Industrial Production (Jun); China’s Third Plenum (15-18th July) Tue: Republican Convention; German Wholesale Price Index (Jun), ZEW (Jul), EZ Trade Balance…