Monday, August 18 Eurozone: Trade balance data Canada (8:15 a.m. ET): July housing starts — analysts expect a 4.0% annualized decline Canada (8:30 a.m. ET): June household and mortgage credit figures Canada (8:30 a.m. ET): June international securities transactions U.S. (10:00 a.m. ET): August NAHB Housing Market Index Earnings Reports: BHP Group Ltd., Palo Alto…
Jefferies Financial Group has raised its price targets across the Canadian banking sector, citing limited fallout from global trade tensions and improved economic conditions in both Canada and the U.S. ahead of third-quarter earnings. However, the firm warns that with bank valuations nearing “priced for perfection” levels, any earnings disappointment could lead to sharp declines…
The Canadian dollar weakened to its lowest level in nearly two weeks against the U.S. dollar on Thursday, as a sharp rise in U.S. wholesale prices dampened expectations for interest rate cuts by the Federal Reserve. The loonie fell 0.4% to 1.3812 per U.S. dollar, or 72.40 U.S. cents, after reaching an intraday low of…
President Donald Trump recently increased tariffs on Canadian imports from 25% to 35%, escalating tensions with Canada—the United States’ second-largest trading partner after Mexico. Earlier this year, Trump had already imposed 25% tariffs on a range of Canadian goods, including steel, automobiles, and other products not covered under the U.S.-Mexico-Canada Agreement (USMCA). In response, Canada…
As the U.S. prepares to impose steep tariffs on semi-finished imported copper products this Friday, Canada is expected to be spared from the new duties, according to an economic and policy expert. The measure primarily targets Chinese producers. U.S. President Donald Trump announced a 50% tariff on copper pipes and wiring, part of an effort…
Canadian National Railway shares have dropped significantly over the past year, drawing attention from contrarian, long-term investors. With the stock near multi-year lows, some see a potential buying opportunity for Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolios focused on dividend growth and total returns. Business Overview CN operates roughly 20,000 miles…
Five Key Business Events to Watch in Canada This Week: Bank of Canada Interest Rate Decision All eyes will be on the Bank of Canada this Wednesday as it announces its latest interest rate decision alongside its quarterly monetary policy report. The central bank has kept its benchmark rate at 2.75% since April, and with…
Retail investors are reigniting the meme‑stock craze, powering dramatic short-squeeze rallies and fueling a broader market upswing as momentum from Trump‑era trade optimism continues to uplift equity markets. 🔥 Why Meme Stocks Are Roaring Back Retail‑driven gains: Stocks like Kohl’s (KSS) and Opendoor (OPEN) reversed course—Kohl’s soaring nearly 40%, Opendoor jumping hundreds of percent—despite having…
As global markets eye rising geopolitical tensions and volatile trade dynamics, recent news from the White House signals a possible turning point. U.S. President Donald Trump’s latest trade deal with Japan is sparking optimism that the world economy may sidestep the harshest of tariffs — even though many of America’s major trading partners still remain…
Canada’s mining sector delivered strong gains this week, with junior mining stocks leading the charge amid shifting inflation data and central bank policy expectations. Investors looking for high-growth opportunities in Canadian mining stocks have reason to take notice, as several TSX Venture Exchange (TSXV) and CSE-listed companies delivered double-digit returns. Here’s a breakdown of the…
If you’re looking to build long-term wealth in your Tax-Free Savings Account (TFSA), choosing the right mix of Canadian stocks is crucial. The ideal stocks for a buy-and-hold strategy are those with solid fundamentals, consistent earnings, and long-term growth potential. In today’s environment of economic uncertainty and high interest rates, finding dependable, low-maintenance investments is…
Sometimes, the best investment opportunities are the ones that feel the most uncomfortable at first—particularly when high-quality stocks are trading below their true value. Prices may be down, but the fundamentals of the business remain strong. That gap between perception and reality is often where patient, long-term investors find their greatest rewards. One such opportunity…
For income-focused investors, stocks that pay monthly dividends can be a valuable source of steady cash flow. Whether used to cover living expenses or reinvested into other income-producing assets, monthly dividends offer quicker compounding than quarterly or semi-annual payments. While real estate, mortgage, and energy sectors are typically the go-to sources for monthly income, investors…
Canada’s international trade minister says there is mutual interest in reviving trade negotiations with the South American Mercosur bloc, as the federal government looks to expand its trade partnerships beyond the United States. While Prime Minister Mark Carney and his team continue negotiations with U.S. President Donald Trump in hopes of securing a trade agreement…
Prime Minister Mark Carney announced stricter regulations on steel imports this week, a move aimed at shielding Canada’s domestic steel sector from “dumping” as international trade dynamics shift due to policy changes in the U.S. and China. What is dumping? Dumping occurs when foreign companies sell products at artificially low prices, either below production cost…
