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Canadian stocks were flat Friday as focus shifted to the U.S., where President Donald Trump faced a legislative defeat over health care reforms. Trump was rebuffed in his efforts to replace ObamaCare will a plan more to his liking. Religious conservatives in his own party wanted more concessions. The...

DonaldTrump5-032417.jpg Calling it a great day for American jobs and energy independence, President Donald Trump on Friday announced the official approval of the presidential permit for the Keystone XL Pipeline. Trump called the approval part of a new era of American energy policy that will lower costs for American families,...

US-travel-ban-032417.jpg The Toronto District School Board, the Canada's largest school board, said it will not approve any new future student trips to the United States, citing "uncertainty" surrounding the country's travel restrictions. However, 24 trips involving about 800 Toronto District School Board students as well...

The Under Secretary of State for Political Affairs has issued a Presidential permit to TransCanada Keystone Pipeline, L.P. ("TransCanada") authorizing TransCanada to construct, connect, operate, and maintain pipeline facilities at the U.S.-Canadian border in Phillips County, Montana for the importation...

The Canadian stock market is trading slightly higher Friday morning, extending its recent gains. However, the market has pared its early gains due to an abundance of investor caution ahead of a vote later today on U.S. healthcare reform. Gold stocks are leading the way higher this morning, despite a...

The Canadian dollar slipped against its major counterparts in the European session on Friday, following a data showing an unexpected decline in the nation's consumer price inflation in February. Data from Statistics Canada showed that Canada consumer price inflation declined 0.2 percent on a seasonally...

Enbridge-032417.jpg Canadian pipeline operator Enbridge Inc. said it will cut about 1,000 jobs, or six percent of its workforce, following the completion of its acquisition of Houston-based Spectra Energy Corp. The job cuts will take place across the merged company.

Following the release of Canada consumer prices for February at 8:30 am ET Friday, the loonie slipped against its major rivals. The loonie was trading at 1.4437 against the euro, 83.04 against the yen, 1.0177 against the aussie and 1.3366 against the greenback around 8:33 am ET.

Canadian stocks may end the week on a relatively high note Friday, with all eyes on a number of key developments in the energy sector. TransCanada Corp. (TRP.TO) announced that the U.S. Department of State has signed and issued a Presidential Permit to construct the Keystone XL Pipeline. OPEC meets...

Statistics Canada releases Canada consumer prices for February at 8:30 am ET Friday. The index is seen edging up to 0.2 percent on month, following a 0.9 percent uptick in January. Ahead of the data, the loonie held steady against its major rivals. The loonie was worth 1.4424 against the euro,...

TransCanada Corp. (TRP, TRP.TO) announced that the U.S. Department of State has signed and issued a Presidential Permit to construct the Keystone XL Pipeline. "We greatly appreciate President Trump's Administration for reviewing and approving this important initiative and we look forward to working...

April2017-032417.jpg The month of March saw many firsts in terms of new drug approvals. Now, let's take a look at the biotech stocks awaiting FDA decision in April.

The euro strengthened against the other major currencies in the European session on Friday, after data showed that Germany registered the fastest rate of private sector output growth in nearly six years at the end of the first quarter of 2017. Data from IHS Markit showed that the composite output...

Antipodean currencies such as the Australian and the New Zealand dollars weakened against their major counterparts in the Asian session on Friday, as crude oil prices fell amid concerns that the OPEC's supply quota plan will not alleviate the global supply glut. Thursday, the U.S. EIA reported crude...

Pharma-032417.jpg The FDA has approved Merck KGaA and Pfizer Inc.'s (PFE) BAVENCIO Injection 20 mg/mL, for intravenous use, for the treatment of adults and pediatric patients 12 years and older with metastatic Merkel cell carcinoma, a rare and aggressive skin cancer.

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