Oil prices shot up to new highs for the year on this week after the U.S. announced that it would let waivers on Iran sanctions fully expire. In early trading on Tuesday, WTI topped $66 per barrel and Brent moved above $74.
Oil surges on U.S. decision on Iran sanctions. Trump surprised the oil market on Monday, announcing that he would let U.S. sanctions waivers expire…Click here for full article.
Tiger Wood’s Master win immediately goes on the short list of greatest sports comebacks of all time but wait til you hear these stats on how dominant he’s been.
Many Canadians still don’t seem to understand that no matter who’s in power in Alberta the province needs the Trans Mountain Pipeline expansion to be built. The Alberta budget is still $7 billion in the hole while the energy industry has 50,000 fewer workers than just 5 years ago – with thousands of more lay-off to come.
Canada’s main stock index hit an all-time high on strength in the health-care sector, which includes many of the country’s big cannabis companies, as well as gains in the financial and industrial sectors.
The S&P/TSX composite index was up…Click here for full article.
When Statistics Canada publishes the Labour Force Survey early each month, the number that makes the headlines is the net change in employment, or maybe the jobless rate.
Stephen Poloz, the Bank of Canada governor, probably only glances at those figures. He’s interested in more granular elements of the report. For example, as an audience in Moncton heard on Sept. 27, the youth participation rate is an indicator he watches “particularly closely.” You never see…Click here for full article.
Ottawa’s new mortgage stress tests accounted for at least half of the decline in new mortgages started last year, according to a new report by CIBC that calls for the measure to be revisited amid a falling housing market.
The total value of new mortgages fell by…Click here for full article.