Featured

Canada’s inflation rate rises to 5.1% — highest since 1991

Cost of everything going up fast but energy, food and transportation more than most Pete Evans · CBC News Canada’s inflation rate hit 5.1 per cent in January, its highest level since 1991. Statistics Canada reported Wednesday that if volatile items, like food and energy, are stripped out of the numbers, the cost of living went up …

Canada’s inflation rate rises to 5.1% — highest since 1991 Read More »

Trudeau plans to invoke Emergencies Act in response to protests: sources

Act grants cabinet ability to take ‘special temporary measures that may not be appropriate in normal times’ Prime Minister Justin Trudeau has told his caucus he will invoke the never-before-used Emergencies Act to give the federal government extra powers to handle anti-vaccine mandate protests across the country, sources say. Those sources, who were not authorized …

Trudeau plans to invoke Emergencies Act in response to protests: sources Read More »

Aurora Cannabis Stock Trims Losses, Tops Estimates

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 »

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

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 »

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

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 »

Canada lost 200,000 jobs in January as Omicron hit hard

Unemployment rate rises to 6.5%, job losses about double what was expected Pete Evans · CBC News Canada’s economy lost 200,000 jobs last month, according to Statistics Canada, as COVID-19 shutdowns related to the Omicron variant saw many businesses close up shop. The data agency reported Friday that the decline pushed the unemployment rate up half a per …

Canada lost 200,000 jobs in January as Omicron hit hard Read More »

Wall St set for fourth day of gains on Alphabet, AMD results

By Bansari Mayur Kamdar and Medha Singh (Reuters) -U.S. shares were set to extend gains for the fourth straight session on Wednesday after a turbulent start to the year, as Google-parent Alphabet (NASDAQ:GOOGL) and chipmaker Advanced Micro Devices (NASDAQ:AMD)’ shares surged following strong quarterly results. Alphabet Inc rose 8.2% after reporting record quarterly sales on …

Wall St set for fourth day of gains on Alphabet, AMD results Read More »

Health officials are hinting at ending COVID restrictions (and not because of the truckers)

While viruses such as smallpox and polio can be stamped out through aggressive vaccination, COVID-19 is simply too infectious to be eliminated entirely Tristin Hopper Publishing date: Jan 31, 2022 The overarching goal of Freedom Convoy 2022 was for the federal government to declare the immediate lifting of all COVID-19 mandates across Canada. It was, …

Health officials are hinting at ending COVID restrictions (and not because of the truckers) Read More »

EquityDaily publishes 30+ page reports on breakout markets, FREE to subscribers. Subscription is also FREE. Current Report:

Global Electric Vehicle Market Study

signup-popup

You will also receive weekly Stock Alert emails from the EquityDaily Newsletter when you subscribe.