Asian markets lower after Wall St record, China trade growth | CTV News
It was followed by congressional approval of an infrastructure bill and promising news on Merck’s COVID-19 treatment pill. …Read the full story
Tag: CTV News
Bank of Canada Governor says inflation ‘transitory but not short-lived’ – CTV News
Canada’s inflation rate currently stands at 4.4 per cent, up from 4.1 per cent in August, according to the latest data from Statistics Canada. In 2020, the Bank of Canada had not anticipated interest rate increases until 2023. The Canada Mortgage and Housing Corporation echoes those concerns, stating the housing market is more vulnerable to […]
Jobs report: Canadian economy added 31,000 in October | CTV News
That makes filling the almost 900,000 current job vacancies a difficult prospect, said Leah Nord, senior director of workforce strategies for the Canadian Chamber of Commerce. It’s likely to prove much harder than the now-completed recovery of the three million jobs lost at the onset of the pandemic, she said. Statistics Canada also released seasonally […]
S&P/TSX composite posts triple-digit advance, U.S. stock markets also climb – CTV News
Stock markets responded favourably to October employment reports in the U.S. …Read the full story
Nanos: Canadians ‘are game’ for ambitious climate action | CTV News
“The global community needs to accelerate new and bold approaches to fighting climate change and building cleaner economies,” he said in a press release. …Read the full story
Canadians spent more on alcohol, cannabis when the pandemic began, research shows – CTV News
The findings, gathered by the Peter Boris Centre for Addictions Research of McMaster University, St. Alcohol sales returned to more typical levels after March 2020, but remained elevated overall. MacKillop says that while the predictions accounted for a rapidly expanding legal market, the pandemic may have shifted cannabis consumers from illegal sales to legal, online […]
Fed decision to begin winding down stimulus boosts North American stock markets | CTV News
The central bank said in a unanimous decision that it would pare its US$120 billion per month bond purchases by US$15 billion a month. …Read the full story
Materials, financials push S&P/TSX composite lower but market rebounds in October | CTV News
The S&P 500 index was up 8.96 points at 4,605.38, while the Nasdaq composite was up 50.27 points at 15,498.39. …Read the full story
More onions recalled due to possible Salmonella contamination | CTV News
The onions, which all originated in Mexico, have been sold in Ontario, Quebec, Nova Scotia, and possibly other provinces and territories. …Read the full story
Global shares slip amid signs of optimism on global economy | CTV News
France’s CAC 40 lost 0.4% in early trading to 6,774.23, while Germany’s DAX dipped 0.8% to 15,575.63. The ruling Liberal Democratic Party, which has ruled almost continuously for decades, is expected to stay in power. …Read the full story
Asian stocks fall after Australia inflation accelerates | CTV News
crude lost 58 cents to US$84.07 per barrel in electronic trading on the New York Mercantile Exchange. …Read the full story
Washington orders Chinese phone carrier out of U.S. market | CTV News
is required to stop providing domestic interstate and international service in the United States within 60 days, under an order approved Tuesday by the Federal Communications Commission. The FCC said in 2019 that due to security concerns it planned to revoke licenses granted nearly two decades ago to China Telecom and another state-owned carrier, China […]
Parents gifted $10B to adult children in past year to buy homes: CIBC – CTV News
The report, published on Monday, found that roughly 30 per cent of first-time homebuyers and nearly nine per cent of existing homeowners received financial help from family this past year to purchase a house, according to CIBC data. The overall amount of money parents have given their children since 2015, however, has increased and decreased, […]
Cannabis vaping rates doubled among teens in Canada, U.S.: study | CTV News
The study was led by Australian researchers and was published on Monday in the journal JAMA Pediatrics. The increase in prevalence was found to be consistent across grades, with older students having the highest prevalence of cannabis vaping. Among students in all grades, only 1.4 per cent of those surveyed between 2013 and 2016 reported […]
Asia stocks mixed after Wall St slips, China travel curbs | CTV News
The Chinese capital, Beijing, banned visitors from areas with infections in the past 14 days and Gansu province in the northwest closed tourist sites after coronavirus cases were found. Some 65% of stocks in the S&P 500 closed higher, led mainly by financial and health care companies, but losses in communication and technology companies held […]
Canada’s Nate Riech earns 1500M gold in his Paralympic debut – CTV News
Canada’s Nate Riech celebrates after winning the men’s T38 1500-meters final at Tokyo 2020 Paralympic Games, Saturday, Sept. …Read the full story