Financial Insights That Matter By Carolina Mandl NEW YORK (Reuters) – Nvidia’s profit report next week could steer the U.S. stock market’s course, as investors seek confirmation that the AI-driven investment trend, which has powered equities for two years, is intact after last month’s panic-selling triggered by the Chinese startup DeepSeek. Seen as a bellwether […]
CIBC introduces additional European Canadian Depositary Receipts (“CDRs”) #CanadaFinance
Financial Insights That Matter Expanded European CDR lineup provides more opportunities for Canadians to invest in global companies TORONTO, Feb. 19, 2025 /CNW/ – Today CIBC announced six new European Canadian Depositary Receipts (“CDRs”), now listed on Cboe Canada. Introduced to investors over three years ago, CIBC has a total of 86 CDRs, spanning four […]
Statement by the Prime Minister on National Flag of Canada Day #CanadaFinance
Financial Insights That Matter Ottawa, is, Feb. 15, 2025 /CNW/ – The Prime Minister, Justin Trudeautoday issued the following statement on National Flag of Canada Day: “Sixty years ago today, the Canadian flag was raised for the first time on Parliament Hill. From First Nations who used the maple tree for its sweet sap and […]
US says it will drop immigration case against SpaceX #CanadaFinance
Financial Insights That Matter By Luc Cohen (Reuters) – The U.S. Department of Justice on Thursday said it would drop a case accusing Elon Musk’s space technology company SpaceX of refusing to hire certain immigrants. The Justice Department last month signaled it could back away from the case, brought during Democratic President Joe Biden’s term. […]
ESPN and Major League Baseball will end their national television deal after 2025 season #CanadaFinance
Financial Insights That Matter ESPN’s coverage of Major League Baseball games — at least in its current form — will conclude at the end of the 2025 season. ESPN chairman Jimmy Pitaro informed baseball Commissioner Rob Manfred on Thursday morning that the network was opting out of the final three years of its contract, two […]
Stellantis pauses retooling at Canada factory slated to build Jeep Compass #CanadaFinance
Financial Insights That Matter By Kalea Hall DETROIT (Reuters) – – Stellantis is pausing work on its next-generation Jeep Compass compact SUV including retooling a plant in Canada designated to build the vehicle, the company said Thursday. The nearly four-decade-old assembly plant in Brampton, Ontario, was closed for retooling in 2024, and production was due […]
Canada wants to restart trade talks with UK, amid Trump tariffs row #CanadaFinance
Financial Insights That Matter Canada wants to restart discussions on a free trade deal with the UK, amid a row with US President Donald Trump over tariffs. Photo: PA Canada wants to restart discussions on a free trade deal with the UK, amid a row with US President Donald Trump over tariffs. It comes as […]
S&P/TSX composite down more than 100 points, U.S. stocks also fall #CanadaFinance
Financial Insights That Matter TORONTO — Canada’s main stock index lost more than 100 points Thursday, weighed down by losses in technology and industrials, while U.S. stock markets also fell. The S&P/TSX composite index closed down 112.08 points at 25,514.08. In New York, the Dow Jones industrial average fell 450.94 points, or one per cent, […]
Opinion: Future-proofing Canada’s financial system #CanadaFinance
Financial Insights That Matter Regulators tend to focus on consumer protection and stability over competition and efficiency. There may be ways to make the system more dynamic without sacrificing safety, writes Mark Zelmer. (Credit: Peter J. Thompson/National Post/Postmedia files) By Mark Zelmer and Jeremy Kronick Donald Trump’s tariff threats have underscored the need for Canada […]
Where Will Barrick Gold Stock Be in 5 Years? #CanadaFinance
Financial Insights That Matter Source: Getty Images Written by Chris MacDonald at The Motley Fool Canada Barrick Gold Corporation (TSX: ABX) is one of the world’s largest gold mining companies, with operations spanning multiple continents. As gold remains a popular investment during periods of economic uncertainty, many investors wonder where Barrick Gold stock will be […]