Testing travellers is pointless due to Omicron’s ubiquitous spread, say some doctors The federal government is close to removing mandatory PCR testing for fully vaccinated Canadians who travel outside Canada, sources tell CBC News. Currently any person who travels outside of the country must provide proof of a negative molecular test (such as a PCR test) prior …
Aurora Cannabis TSX:ACB) reported a loss of $75.1 million for the second quarter, with the cannabis company’s growth outlook shaky, as it attempts to expand in international markets. Aurora Cannabis stock reported a loss of $75.1 million, with net revenue falling 48% year over year. Adjusted EBITDA improved by 22% year over year to a loss …
Aurora Cannabis Stock Trims Losses, Tops Estimates Read More »
TORONTO (Reuters) – The Canadian dollar strengthened against its U.S. counterpart on Friday as higher oil prices offset signs of domestic economic damage from the occupation by protesters of key border crossings between the United States and Canada. The price of oil, one of Canada’s major exports, rose after the International Energy Agency (IEA) said oil markets …
Canadian dollar adds to weekly gain as oil prices climb Read More »
By Arunima Kumar and Rod Nickel (Reuters) -Enbridge Inc reported a nearly 4% jump in fourth-quarter profit on Friday, as a recovery in fuel demand boosted the Canadian pipeline operator’s oil transportation volumes, but it missed earnings expectations. Pipeline operators have benefited from a pick-up in volumes with crude prices trading at multi-year highs. Oil …
Canadian pipeline operator Enbridge reports higher profit as oil volumes rise Read More »
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, fueling financial markets speculation for a 50 basis points interest rate hike from the Federal Reserve next month. The broad increase in prices reported by the Labor Department on Thursday was …
U.S. consumer prices post largest annual gain in 40 years; weekly jobless claims fall Read More »
By Bansari Mayur Kamdar and Devik Jain (Reuters) -Megacap companies dragged U.S. stock indexes lower on Thursday after a hotter consumer prices reading and comments from St. Louis Federal Reserve Bank President James Bullard raised fears the Fed will act aggressively to counter inflation. The Labor Department data showed consumer prices surged 7.5% last month …
Wall St drops over 1% on hotter inflation data, Bullard’s hawkish comment Read More »
Scott Nordlund The Minister of Natural Resources Canada announced another round of funding from the federal government for EV awareness. Natural Resources Canada will provide more than $450,000 split between two organizations to support zero-emission vehicle awareness projects. Electric Autonomy Canada receives $176,375 to develop and launch an awareness initiative for light and medium-duty fleets. The project will …
NR Can announces next round of funding for EV awareness Read More »
Saskatchewan made nearly $15M selling Crown oil and gas rights in 2021-22 While Saskatchewan’s oil and gas sector stands to benefit from a recent surge in global oil prices, drivers are feeling the pain at the pump. Patrick De Haan, head of petroleum analysis at GasBuddy, said Canadian fuel prices are currently at or near record-highs as …
Oilpatch optimism high in Sask. amid surging prices at the pump Read More »
Neils Christensen Thursday February 10, 2022 The gold market continues to see some technical selling pressure and is finding little bullish traction following hotter than expected inflation data. Thursday, the U.S. Labor Department said its U.S. Consumer Price Index rose 0.6% in January, after a 0.5 rise in December. The data beat consensus forecasts as economists were …
Gold price remains down as annual U.S. CPI rises 7.5% in January; another 40-year high Read More »
Published Thursday, February 10, 2022 Provincial officials added another 44 virus-related deaths to Ontario’s COVID-19 death toll today as the number of people hospitalized with the virus dipped below 2,000 for the first time in more than a month. Officials say the 44 deaths logged today occurred in the last 24 days, including four on …
Join More than 80,000 Traders & Investors, Subscribe to Canada’s Leading Stock Alert Newsletter:
* When you do, you’ll also get a free subscription to our EquityDaily alert newsletter. We always respect your privacy! Unsubscribe at any time.
Copyright © 2021 Equity Daily
EquityDaily publishes 30+ page reports on breakout markets, FREE to subscribers. Subscription is also FREE. Current Report:
Global Electric Vehicle Market Study
You will also receive weekly Stock Alert emails from the EquityDaily Newsletter when you subscribe.
