Uncategorized
Less than 1 min.read

MID-DAY: Trump offers tariff lifeline to Canada with a catch; TSX and Dow bounce back

James Bowler
By James Bowler

Trump’s willingness to exempt Canada from tariffs on steel and aluminum is bringing some life back to Bay Street. The TSX has bounced back from a morning fall up 139 points to 15,524.

On Wall Street the Dow is also creeping back up 187 points to 24,725. However, Trump’s willingness to co-operate comes with a catch, he wants Canada and Mexico to sign a NAFTA deal that is fair to the US. The latest round of NAFTA talks in Mexico wraps up today.

Gold, which has acted as a lifeline for many worried investors has dropped slightly to 1,321.

Oil is up to 62.67 a barrel on the news that crude production may be pulled back.

The Loonie has hit rock bottom this year moving near an eight-month low at 77 cents US.

James Bowler
James Bowler

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Orange warning in effect for Norman Wells and Tulita, smoke and heat alerts issued for N.W.T.

Northwest Territories
Environment Canada has issued an orange warning for air quality for Norman Wells and the Tulita Region, due to wildfire smoke. “Wildfire smoke is causing very poor air quality and reduced visibility,” warned the federal agency in an advisory issued Tuesday evening. Environment Canada has issued an orange warning for air quality for Norman Wells and the Tulita Region, due to wildfire smoke. On June 23, the federal agency also issued a heat alert for a number of areas in the N.W.T. 

2222 Hi-Rez NDN: The Cyberpunk Smoke Signals of Morgan Zoe renders future vision of N.W.T.

Northwest Territories
Being able to share a futuristic vision with people in the N.W.T. and beyond continues to be an important segway in his journey says artist Morgan Zoe.“No one was doing this back then, because there was no AI back then in 2019. No one was combining sci-fi tropes with Indigenous aesthetics and themes, specifically, Northern Dene culture futurism and cyberpunk,” said Zoe. After December 2020, the artist began “putting pen to paper” creating the series.

Major milestone celebrated for downtown multi-plex

City of Yellowknife
Housing NWT celebrated a major milestone in the construction of the new 50‑unit social housing multi-plex in downtown Yellowknife, holding a “topping out ceremony” to commemorate the placing of the final beam on the building’s roof structure.

Yellowknife main street officially renamed Wıìlıìdeh Avenue

City of Yellowknife
A ceremony was held this past Saturday to celebrate the renaming of Yellowknife’s main street to Wıìlıìdeh Avenue.

Minister Alty says negotiations with North Slave Metis Alliance begin this week

Northwest Territories
Crown Indigenous Relations Minister Minister Rebecca Alty says negotiations are about to begin with the North Slave Metis Alliance on potential agreements on land, resources and self-government. “We will begin negotiations this week with the North Slave Métis,” said Minister Alty at an event this weekend in Yellowknife celebrating Indigenous Peoples Day.