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Commentary

Bay Street Seen Opening On Mixed Note

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Canadian shares are likely to open mixed Monday morning, tracking the trend in commodity markets. Also, with no significant triggers to warrant any big moves, trading is likely to remain somewhat lackluster today.

In corporate news, Primo Water (PRMW.TO) and an affiliate of BlueTriton Brands have agreed for a merger in an all-stock transaction that will create a North American healthy hydration company. Upon closing, Primo Water shareholders and holders of incentive equity will own 43% of the fully diluted shares of the newly combined company with BlueTriton shareholders owning the remaining 57%.

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Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.