Construction

Emerging from its legal woes, SNC-Lavalin shares poised for long-term gains

Firm is set to benefit from ambitious infrastructure plans at home and abroad ...

Canada Suffers Significant Job Reversal in January

The Conference Board of Canada’s Chief Economist Craig Alexander offers the following perspectives/insights: Quote “The Canadian economy suffered a major employment decline in January. But given the job boom in late 2017, a pullback was overdue. The trend rate of job creation over the last s ...

Non-Residential Building Permits Increase Again

The Conference Board of Canada’s Economist Robyn Gibbard offers the following perspectives/insights on today’s Statistics Canada release of building permit data for December 2017: Quote “The trend for non-residential building investment is swinging upwards and has now recovered the losses ...

Tech Talk for Friday February 2nd 2018

Pre-opening Comments for Friday February 2nd U.S. equity index futures were lower this morning. S&P 500 futures were down 22 points in pre-opening trade. Index futures were dipped lower following release of economic news at 8:30 AM EST. Consensus for January Non-farm Payrolls was 176,000 versus upw ...

Tech Talk for Wednesday January 31st 2018

Pre-opening Comments for Wednesday January 31st U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points in pre-opening trade. Index futures maintained gains following release of the January ADP employment report at 8:15 AM EST. Consensus was an increase of 195,000 vers ...

Tech Talk for Monday January 29th 2018

  Wolf on Bay Street Guest on Wolfgang Klein’s show on Toronto 640 on Saturday https://globalnews.ca/toronto/program/the-wolfgang-klein-show/   Wall Street Raw Radio SATURDAY, JANUARY 27, 2018 – WITH HOST, MARK LEIBOVIT GUESTS INCLUDE: DON VIALOUX (EQUITYCLOCK.COM), HARRY BOXER (THETECHTRADE ...

Investors need to watch the accounting on weed stocks

(Flickr) Depending on your point of view, the burgeoning marijuana industry in Canada is either an unprecedented opportunity to rake in huge profits as recreational use becomes legal, or a speculative bubble that will eventually pop. When forensic accountant Al Rosen looks at the sector, he sees ...

BIP.PR.E Settles Firm on Modest Volume

Brookfield Infrastructure hasn’t announced anything, but their new issue of BIP.PR.E settled today. BIP.PR.E is a FixedReset, 5.00%+300M500, ROC, announced January 15. It will be tracked by HIMIPref™ and has been assigned to the FixedResets subindex on the basis of its P-2(low) rating from S&P ...

Bank of Canada raises key interest rate to 1.25%

OTTAWA — The economy’s impressive run prompted the Bank of Canada to raise its trend-setting interest rate Wednesday for the third time since last summer — and to send a signal that more increases are likely on the horizon. The central bank pointed to unexpectedly solid economic numbers as ke ...

New Issue: BIP FixedReset, 5.00%+300M500, ROC

Brookfield Infrastructure has announced: that it has agreed to issue 8,000,000 Cumulative Class A Preferred Limited Partnership Units, Series 9 (“Series 9 Preferred Units”) on a bought deal basis to a syndicate of underwriters led by CIBC Capital Markets, BMO Capital Markets, RBC Capital Market ...