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Toronto home sales hit record high, prices climb in April
Toronto area home sales hit a record high for April last month, driving up prices across the region.
Posted on 5-05-2015 at 11:07 AM
Canada posts record trade deficit in March on lower energy prices
The shortfall exceeded the highest forecast of $1.33 billion in a Bloomberg economist survey with 15 responses, which had a median forecast predicting the trade deficit would narrow.
Posted on 5-05-2015 at 9:11 AM
Bill Ackman describes Valeant as early stage Berkshire Hathaway
Valeant should be worth more than $330 US a share currently, based on assumptions including $10 billion of acquisitions a year, said Ackman, whose investment firm is the second-largest shareholder.
Posted on 5-05-2015 at 9:05 AM
Trains shift to carry less-volatile crude
A growing share of Canadian oil-by-rail traffic is made up of tough-to-ignite undiluted heavy crude and raw bitumen, say industry executives, as companies scramble to cut expenditures with the price of crude down more than 40 percent since June.
Posted on 5-05-2015 at 8:20 AM
Greece steps up diplomacy to avert cash crunch
Greece stepped up diplomacy with euro zone partners on Tuesday to try to avert a potentially catastrophic funding crunch this month, when it must make a big debt repayment to the IMF as cash reserves dry up.
Posted on 5-05-2015 at 8:13 AM
Gold holds below $1,200 as investors wait for U.S. jobs data
Gold held below $1,200 an ounce before U.S. monthly jobs data later this week that may provide indications on when the Federal Reserve will boost interest rates.
Posted on 5-05-2015 at 5:01 AM
Price of oil sands crude strengthens as Enbridge fills new pipeline
Heavy Western Canadian Select crude’s discount to West Texas Intermediate shrank to the least since 2012 as a new pipeline started and production sites were shut for maintenance.
Posted on 5-05-2015 at 7:55 AM
Morning Markets: European stocks buck China concerns
European markets moved higher on Tuesday after an extended weekend break, bucking fears of slowing demand from China and despite debt stand-off fears depressing Greek stocks.
Posted on 5-05-2015 at 5:00 AM

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