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Canadian home sales rose 6.6% in July compared to same time last year
The increase in Canadian home sales during July reflects a strengthening housing market, which may positively influence related sectors such as construction, mortgage lending, and...
Read Full Article →Why natural gas prices have yet to see a boost after LNG Canada startup
Despite the launch of LNG Canada, Canadian natural gas prices have remained relatively stable, as increased export capacity has not yet translated into higher domestic market value...
Read Full Article →Is the stock market in an AI bubble?
Investors are heavily backing AI-related companies, causing substantial market growth despite many firms currently spending more on AI development than generating profits, raising...
Read Full Article →BoC officials considered whether interest rate already low enough to weather tariffs
Recent internal discussions revealed that some Bank of Canada members assessed if the current benchmark interest rate sufficiently supports economic stability amidst the impact of...
Read Full Article →China to set preliminary duty on Canadian canola after anti-dumping probe
The introduction of a provisional tariff on Canadian canola by China may impact trade relations and affect market prices for agricultural products between the two countries amid on...
Read Full Article →Automaker Ford hits pedal on EV production with $2B US overhaul of U.S. plant
Ford is investing $2 billion to modernize a long-standing Louisville factory, transitioning its focus from traditional gasoline cars to electric vehicle manufacturing, reflecting a...
Read Full Article →Paramount gets UFC streaming rights in U.S. with $7.7B deal
The $7.7 billion agreement marks a substantial investment by Paramount, securing exclusive U.S. streaming access to a leading sports franchise for seven years and highlighting the...
Read Full Article →Nvidia, AMD to pay 15% of China chip sale revenue to U.S. government
Nvidia and AMD will allocate a portion of their earnings from semiconductor sales in China to the U.S. government, highlighting a new financial arrangement impacting their internat...
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