From the point of view of globalization and comparative advantages, there exist considerable opportunites in the natural resource sector of Canada. Among others, oil and gas is an important natural resource sector. As Canada is named as a major oil and gas producing company by our PM (video), the bullish side of the oil and gas sector is further enhanced by the recent completion of trans-moutain pipeline expansion project and the major progress of the LNG Can...
Canadian stocks fell as lower oil prices dragged down the shares of producers of the commodity amid concerns supply could outpace demand. The$S&P/TSX Composite Index(.SPTSX.CA)$fell 0.3% to 22,313.93 at 2:08 p.m. in Toronto. The blue chip$S&P/TSX 60 Index(.TX60.CA)$slid 0.3% to 1336.39. Decliners outnumbered gainers 796-671, according to data compiled by moomoo. Oil & Gas sector slipped 0.8%, weighing down the index. Sof...
Earnings Preivew Next week's earnings reports from major technology companies might provide a boost to a weakening market, or at the very least, offer investors insight into future stock trends.$特斯拉(TSLA.US)$is set to release its earnings on Tuesday, followed by$Meta Platforms(META.US)$on Wednesday. The week continues with a significant day on Thursday, as$谷歌-C(GOOG.US)$, the parent company of Google, and$微软(MSFT.US)$both a...
Dividend growth stocks are a time-honored tool for building wealth. With the right approach, these investments can offer a dual benefit of regular income and the potential for capital appreciation. The foundation of a sound dividend growth strategy rests on identifying companies that are not only well-managed but also boast solid financials and a track record of steadily climbing earnings. A recent Nuveen report highlights...
Canadian crude shipments to Los Angeles are surging, a possible preview of how a Trans Mountain expanded pipeline that’s nearing startup may redraw flows along the Pacific Coast. In March, three tankers carrying a total of 1.74 million barrels have sailed from Vancouver to Los Angeles, marking the highest volume in at least four years, according to Vortexa tanker data. At least two of the shipments of heavy Cold Lake crude from t...
Canada's relatively cheap heavy crude is set to spike temporarily in the coming months as an expansion of the Trans Mountain crude pipeline set to start operation in the second quarter. Western Canadian Select’s discount to U.S. benchmark West Texas Intermediate (WTI) may shrink from its current level of about US$17.10 per barrel to less than $10 a barrel between May and July, according to Jeremy Irwin, senior oil markets analys...
Svetlana Polishuk :