Gold's record-breaking rally and the continued march higher for silver and copper are fueling the rally in mining stocks and Canadian equity indices. Precious metals extended their rally after Iranian President Ebrahim Raisi was killed in a helicopter crash, fueling uncertainty over the succession of power in the country. Investors are also piling on metals amid speculation that the U.S. Federal Reserve may start cu...
From the point of view of globalization and comparative advantages, there exist considerable opportunites in the natural resource sector of Canada. Among others, mining is an important natural resource sector. Geographically speaking, vast majority of land of Canada is covered by theCanadian shield, which is essentially exposed rock. The Canadian Shield is one of the world's richest areas in terms of mineral ores. The Canadian mining companies also have operation...
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Kevin Matte :
kinross, alamos gold, fortuna silver mines
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...
In Canada, five supermarket chains make up of nearly 75% of the retail grocery market, i.e. Loblaws, Costco, Walmart, Sobeys and Metro. While in big cities like Vancouver, Toronto, local grocers and grocers focusing on speciality food take shares in the retail grocery market, in other part of Canada, the big fives dominate. Because of the small market size of Canada and the difficulties of setting up new supply chains, it is very difficult for a n...
At the start of Berkshire's yearly gathering in Omaha on Saturday, Buffett indicated that it's quite likely their cash reserves will reach $200 billion by the end of the current quarter, citing a scarcity of significant acquisition prospects. Read Here: Top 10 Highlights from Berkshire Hathaway's Shareholder Meeting Buffett addressed the assembled multitude, expressing a desire to utilize these funds but emphasizing a commitment to in...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,334.40, up 0.38%. ● Canadians are concerned about federal deficit, believe Ottawa is spending 'too much' ● EIA expects US natural gas inventories to remain high through 2025 ● Canada to allow 30-year amortization for first-time buyers' mortgages on new homes ● Stocks to watch:...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,327.30, down 0.65%. ● Bank of Canada says June interest rate cut 'within the realm of possibilities' ● How will the Bank of Canada's interest rate decision impact real estate? ● US crude oil stocks post week-over-week build of nearly 6 million barrels, EIA reports ● St...
S&P/TSX Composite index: 22075.10 (-0.50%) S&P/TSX 60 index: 1325.66 (-0.60%) S&P/TSX Composite mover Aurora Cannabis was the top gainer, rising 16.70% to close at $6.78. The top loser was Hut 8 Corp, losing 13.42% to end at $12.71. See below for more trending stocks: S&P/TSX 60 mover Canopy Growth Corp saw the biggest gain of the day, as it closed at $11.33, up 11.08%. Conversely, Brookfield Infrastructure Partners LP suffered the ...
Precious metals extended their rally after Iranian President Ebrahim Raisi was killed in a helicopter crash, fueling uncertainty over the succession of power in the country. Investors are also piling on metals amid speculation that the U.S. Federal Reserve may start cu...
Geographically speaking, vast majority of land of Canada is covered by the Canadian shield, which is essentially exposed rock. The Canadian Shield is one of the world's richest areas in terms of mineral ores. The Canadian mining companies also have operation...
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...
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...
Read Here: Top 10 Highlights from Berkshire Hathaway's Shareholder Meeting
Buffett addressed the assembled multitude, expressing a desire to utilize these funds but emphasizing a commitment to in...
The $S&P/TSX Composite index(.SPTSX.CA)$ gained 0.3% to close at 21,871.96, while the blue-chip $S&P/TSX 60 Index(.TX60.CA)$ rose 0.45% to 1,313.41.
About 724 stocks advanced, while 1,39 declined, data tracked by moomoo showed. $Suncor Energy Inc(SU.CA)$ and $Cenovus Energy Inc(CVE.CA)$ were among the biggest gainers in t...
● S&P/TSX 60 Index Standard Futures are trading at 1,334.40, up 0.38%.
● Canadians are concerned about federal deficit, believe Ottawa is spending 'too much'
● EIA expects US natural gas inventories to remain high through 2025
● Canada to allow 30-year amortization for first-time buyers' mortgages on new homes
● Stocks to watch:...
● S&P/TSX 60 Index Standard Futures are trading at 1,327.30, down 0.65%.
● Bank of Canada says June interest rate cut 'within the realm of possibilities'
● How will the Bank of Canada's interest rate decision impact real estate?
● US crude oil stocks post week-over-week build of nearly 6 million barrels, EIA reports
● St...
S&P/TSX 60 index: 1325.66 (-0.60%)
S&P/TSX Composite mover
Aurora Cannabis was the top gainer, rising 16.70% to close at $6.78. The top loser was Hut 8 Corp, losing 13.42% to end at $12.71. See below for more trending stocks:
S&P/TSX 60 mover
Canopy Growth Corp saw the biggest gain of the day, as it closed at $11.33, up 11.08%. Conversely, Brookfield Infrastructure Partners LP suffered the ...
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