The Canadian dollar was little
changed against its U.S. counterpart on Tuesday, with the
currency recovering from a near two-week low hit after
weaker-than-expected domestic factory data as the ...
The Bank of Canada said on Tuesday it plans to buy back up to C$500 million worth of bonds from up to eight outstanding issues in a cash management repurchase operation on Sept 24. For details see: https://www.bankofcanada.ca/stats/cars/results/bd_regrepcm_15334_pcft_20190924_111500.html.
U.S. Vice President Mike Pence on Tuesday said he believed Congress would act to pass a new U.S.-Mexico-Canada free trade agreement this year, providing important momentum for the U.S. economy.
Canada ended the fiscal year with a C$14.0 billion deficit on March 31, some C$900 million lower than the government projected, the federal finance department said on Tuesday in its annual financial report. The Canadian government had estimated a deficit of C$14.9 billion in its March budget.
Canada's main stock index gave up early losses to trade higher on Tuesday after a rise in the materials sector more than offset a slide in energy shares. The Toronto Stock Exchange's S&P/TSX composite index opened modestly lower after energy shares, hurt by a slide in oil prices, retreated from their biggest jump in nearly 11 years.
Canada's main stock index fell slightly at the open on Tuesday after energy shares gave back gains following a decline in oil prices fueled by worries over the threat of retaliation for attacks on Saudi Arabian crude oil facilities.
The Canadian dollar weakened
against its U.S. counterpart on Tuesday, approaching Friday's
nine-day low, as oil prices fell and domestic data showed a
bigger-than-expected drop in manufacturing ...
Futures for Canada's main stock index were lower on Tuesday after oil prices pulled back from previous session gains. September futures on the S&P/TSX index were down 0.11% at 7:00 a.m. ET. Data on manufacturing sales for July is due at 8:30 a.m. ET. The Toronto Stock Exchange S&P/TSX composite index rose 0.41% to 16,751.31 on Monday.
Several Wall Street banks and financial firms have invested 60 million Canadian dollars in identity verification startup Trulioo Information Services Inc.. Goldman Sachs Growth Equity led the company's Series C financing round, with participation from Citi Ventures, Santander InnoVentures and American Express Ventures. The Vancouver, British Columbia-based startup offers security software for financial-services providers, banks, payment providers, online gaming...
The Canadian dollar
strengthened against its U.S. counterpart on Monday, before
giving back some of its early gains, as oil prices soared
following a weekend attack on Saudi Arabian oil facilities.
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