Bank of Canada

Toronto’s tech buzz is awesome, but results are what will ultimately matter

By any measure, Canada’s venture capital market, and the ecosystem as a whole, appears to be on fire. I can’t think of a time over my 10+ years of blogging when I might have said that, which is notable in its own right. Choose your own metric: number of industry events, flow of equity, s ...

USD/CAD – Canadian Dollar Steady, Wholesale Sales Ahead

The Canadian dollar has edged lower in the Monday session. Currently, USD/CAD is trading at 1.2788, up 0.15% on the day. On the release front, the sole indicator is US CB Leading Index, with an estimate of 0.6%. On Tuesday, Canada releases Wholesale Sales and the US publishes Existing Home Sales. A ...

USD/CAD Canadian Dollar Lower After Soft Inflation to Lead BoC to Wait on Rates

The USD/CAD gained 0.92 percent during the last five trading days. The currency is trading at 1.2801 despite the price of oil walking back most of the losses this week. A low inflation data point on Friday at 0.1 percent and Bank of Canada (BoC) Deputy Governor Wilkins speaking in NY did not leave ...

Dollar Mixed Ahead of Fed Minutes

Politics drive dollar while fundamentals boost euro The USD gained against commodity currencies but was soft against safe havens given the political situation in Washington. The Trump Administration scored a major victory with Congress passing the tax overhaul bill by a vote of 227–205. The Senat ...

Dollar Trumped by Subpoena

Friday November 17: Five things the markets are talking about The mighty U.S dollar begins the last trading session on the back foot against most of its major peers as a probe into Russian influence on the 2016 U.S election is said to have deepened. Note: Special Counsel Robert Mueller is said to ...

USD/CAD – Canadian Dollar Unchanged, CPI Next

The Canadian dollar is unchanged in the Friday session. Currently, USD/CAD is trading at 1.2754, down 0.02% on the day. On the release front, Canada will publish CPI, which is expected to edge lower to 0.1%. In the US, the focus is on housing data, with the release of Building Permits and Housing ...

DGS.PR.A To Get Bigger

Brompton Group has announced: Dividend Growth Split Corp. (the “Company”) is pleased to announce it is undertaking an overnight treasury offering of class A and preferred shares. The sales period for this overnight offering will end at 9:00 a.m. (ET) tomorrow, November 17, 2017. The offering is ...

Cash still king with Canadian consumers

Getty Images In an increasingly digital world, most Canadians still carry physical money in their wallets and favour cash payments, especially for smaller sums, according to a new report by Canada’s central bank. However, the report cautions cash could eventually be replaced by continued innova ...

USD/CAD Canadian Dollar Higher After Strong Manufacturing Sales

The Canadian dollar appreciated on Thursday after a surprise gain by manufacturing sales. Oil prices continue to be under pressure after the large weekly buildup of US crude stocks reported on Wednesday. NAFTA talks are talking place in Mexico City where the Mexican Economy Minister said he did not ...

Canada: International Transactions in Securities, September 2017

Foreign investment in Canadian securities totalled $16.8 billion in September, up from $9.8 billion in August. At the same time, Canadian investment in foreign securities slowed to $2.4 billion in September, after reaching $12.1 billion in August. As a result, international transactions in securiti ...