Get Your FREE 30 Page EV Industry Report Now*

Brendan

Protesters block major Canada-U.S. border crossing in Manitoba

Leave a Comment / Featured / By Brendan

Highway 75 blocked in both directions by farm equipment, semi-trailer trucks and more CBC News · Posted: Feb 10, 2022 Protesters in semi-trailer trucks, farm equipment and other vehicles have blocked all highway lanes at Manitoba’s main Canada-U.S. border crossing on Thursday. Simon Resch, whose family owns and operates the duty free shop in Emerson, Man., said both northbound …

Protesters block major Canada-U.S. border crossing in Manitoba Read More »

Gasoline prices breaking records as crude oil tops US$90 a barrel

Leave a Comment / Energy / By Brendan

CALGARY — Gasoline prices across Canada shattered an all-time record high on Friday, as crude prices soared above US$90 per barrel and North American refineries worked full throttle to keep up with demand. The national average retail fuel price sat at 151.6 cents per litre as of 1.p.m. ET Friday, according to fuel price tracking …

Gasoline prices breaking records as crude oil tops US$90 a barrel Read More »

Nissan to stop making new gas engines in all markets except U.S.: report

Leave a Comment / EV & Battery / By Brendan

Nissan Motor Co Ltd plans to stop developing new internal combustion engines in all its major markets except the United States and focus on making electric vehicles, the Nikkei business daily reported on Monday. The automaker will continue limited development of its gasoline engines for its U.S. market, mainly for pickup trucks, according to Nikkei, which …

Nissan to stop making new gas engines in all markets except U.S.: report Read More »

Amazon Is Raising Base Salary Cap to $350,000 From $160,000

Leave a Comment / Technology / By Brendan

Spencer Soper Mon., February 7, 2022 Amazon.com Inc. is more than doubling the maximum base salary it pays employees to $350,000 from $160,000. “This past year has seen a particularly competitive labor market, and in doing a thorough analysis of various options, weighing the economics of our business and the need to remain competitive for …

Amazon Is Raising Base Salary Cap to $350,000 From $160,000 Read More »

Peloton Soars After Reports of Takeover Interest

Leave a Comment / Business / By Brendan

Jennifer Ryan and Thyagaraju Adinarayan Mon., February 7, 2022 Peloton Interactive Inc. soared 31% on Monday after reports that it’s exploring takeover options, a move that could test investors who are holding short positions. The New York-based fitness and lifestlye company is working with an adviser after an earlier plunge in Peloton’s shares made it …

Peloton Soars After Reports of Takeover Interest Read More »

COVID-19 hospitalizations in Ontario drop to 2,155, number of ICU patients remains at 486

Leave a Comment / Health / By Brendan

The number of hospitalizations related to COVID-19 in Ontario dropped again on Monday as the number of patients in the ICU with the disease remained stable. Right now, there are 2,155 patients in hospital with COVID-19 — a drop of 75 over Sunday’s total. The number of patients in the ICU is unchanged at 486. …

COVID-19 hospitalizations in Ontario drop to 2,155, number of ICU patients remains at 486 Read More »

C$ rebounds as investors stick to BoC rate hike bets

Leave a Comment / Markets / By Brendan

TORONTO (Reuters) – The Canadian dollar rallied against the greenback on Monday, recovering from a one-week low on Friday, as investors bet that weak domestic jobs data would not derail the start of the Bank of Canada’s interest rate hikes. The Canadian economy lost more jobs than expected in January as the Omicron-driven COVID-19 wave …

C$ rebounds as investors stick to BoC rate hike bets Read More »

Five things to watch for in the Canadian business world in the coming week

Leave a Comment / Featured / By Brendan

The Canadian Press – Feb 7, 2022 Five things to watch for in the Canadian business world in the coming week: Trade numbers: Statistics Canada will release its international merchandise trade and services figures for December on Tuesday. Canada posted a merchandise trade surplus of $3.1 billion in November, despite the disruptions caused by flooding and …

Five things to watch for in the Canadian business world in the coming week Read More »

Tech, growth shares shine in Amazon-led rebound after Meta rout

Leave a Comment / Business / By Brendan

By Julien Ponthus (Reuters) -Growth and technology stocks rebounded on Friday, as traders weighed stellar results from Amazon.com Inc (NASDAQ:AMZN) against an unexpectedly strong U.S. employment number that propelled Treasury yields higher. The Nasdaq Composite index, which is heavy on tech and other growth stocks, was recently jumping about 2% a day after a historic crash in …

Tech, growth shares shine in Amazon-led rebound after Meta rout Read More »

Trans Mountain expansion is running over budget by billions of dollars and months behind schedule

Leave a Comment / Energy / By Brendan

Work to expand the oil pipeline is now forecast to cost more than $17 billion and likely won’t be done until sometime in 2023, sources say Chris Varcoe CALGARY — After facing interruptions caused by volatile weather and the pandemic, the Trans Mountain expansion is expected to run over budget by several billion dollars — …

Trans Mountain expansion is running over budget by billions of dollars and months behind schedule Read More »

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