Canadian News


The Canadian stock market ended on a fairly strong note on Tuesday, with investors reacting positively to news about resumption of U.S.-China trade negotiations next week and on U.S. lawmakers agreeing on a two-year debt deal that would help avert any shutdown or a fiscal crisis in the world's largest economy.

The Canadian stock market was up marginally around noon Tuesday, after opening on a firm note, tracking positive cues from Asian and European markets.

opioids-july23.jpg The opioid crisis in the United States has grown at an alarming rate. It is estimated that more than 300,000 Americans have died of an opioid overdose since 2000. Among the American states, Alabama has the highest rate of opioid prescriptions - with healthcare providers writing 107.2 opioid prescriptions for every 100 persons. West Virginia has the highest rate of death due to drug overdose.

Canadian shares are likely to open higher Tuesday morning, tracking gains in Asian and European markets amid expectations of monetary easing by the Federal Reserve and the European Central Bank.

The euro declined against its major counterparts in the European session on Tuesday, as investors await monetary policy meeting by the European Central Bank this week amid expectations of tweaks to the forward guidance, setting stage for the announcement of stimulus package in September. Economists...

pharmaup-july22.jpg The following are some of today's top gainers in the healthcare sector.

The Canadian stock market ended modestly higher on Monday, led by gains in information technology and select energy and mining shares.

The Board of TD Ameritrade Holding Corp. (AMTD) started a search for a successor to President and CEO Tim Hockey as he has decided to leave company in February 2020. The company's search, which will be led by a nationally-recognized executive search firm, will include both internal and external candidates....

The Canadian stock market opened higher on Monday, tracking firm crude oil prices, and was holding in positive territory in late morning trades even as the mood remained cautious ahead of some key earnings reports and on uncertainty about the progress in U.S.-China trade talks.

The U.S. dollar declined against its major counterparts in the European session on Monday, as investors focused on upcoming interest rate cut by the Federal Reserve, even as hopes for aggressive easing have faded following comments by officials from the central bank. CME Group's FedWatch Tool currently...

The Canadian stock market looks headed for a positive start on Monday, tracking higher crude oil prices. However, fading optimism about steep interest rate reductions by the Federal Reserve may limit market's upside.

Canada wholesale sales for May have been released from Statistics Canada at 8:30 am ET Monday. Following the data, the loonie fell further against its major rivals. The loonie was trading at 82.50 against the yen, 1.4673 against the euro, 0.9229 against the aussie and 1.3081 against the greenback around 8:33 am ET.

Canada wholesale sales for May are due from Statistics Canada at 8:30 am ET Monday. Ahead of the data, the loonie dropped against its major rivals. The loonie was worth 82.58 against the yen, 1.4661 against the euro, 0.9221 against the aussie and 1.3072 against the greenback as of 8:25 am ET.

SNC-Lavalin Group Inc. (SNC.TO) said Monday that it will exit lump-sum turnkey or LSTK contracting and reorganize the company's Resources--Oil & Gas and Mining & Metallurgy-- and Infrastructure Construction segments into a separate business line following continued poor performance of the segments. It...

pharma-042117_22jul19.jpg Today's Daily Dose brings you news about the FDA decisions related to Biohaven's NURTEC and Celgene's OTEZLA; interim data from Marker's MultiTAA T cell therapy trial and Takeda's phase III trial results of subcutaneous formulation of Vedolizumab in Crohn's disease, among others.

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