MID-DAY: Trump sours optimism on China-US trade relations; Crude pulls back from dip once again

All eyes are on the G20 summit as leaders meet amid high-tension. Donald Trump is garnering the most attention after the US President soured optimism on the possibility of easing trade tension between China and the US. Trump said the two sides still had a way to go before reaching a deal. He’s expected to still meet with his Chinese counterpart during the summit to discuss trade.

On Bay Street the TSX is down 2 points to 15,168 and across the border the Dow is dropping 122 points to 25,244.

The price of crude is coming back from a big dip this morning after it fell below $50 a barrel. US crude is up to 51.67 after Russia agreed to meet new OPEC guidelines to cut production and pull back on the oversupply.

The Loonie is down to 75.29 cents US.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

GNWT says 3 more school buildings show elevated lead in water

The territorial government says another three school sites showed elevated levels of lead in drinking water after testing earlier this month. With 32 tested school results announced to date, 26 have tested positive for elevated levels of lead in some of their drinking water fixtures.

New smoking cessation program launched at Stanton Territorial Hospital

The Northwest Territories Health and Social Services Authority has announced the launch of the Ottawa Model for Smoking Cessation at Stanton Territorial Hospital. The program aims to help smokers get care while in hospital, and afterwards.  

YWCA doubles down on multi-use daycare and housing space near BP

YWCA NWT is in the planning phases for a new multi-purpose space that would include more than 20 family-sized affordable housing units, along with affordable daycare. Alayna Ward with the YWCA said the new facility is planned to be similar to Gotı̨ li Kǫ̀ in Yellowknife, a multi-use facility with family housing units the YWCA opened in 2023. The organization wants to build the proposed multi-use facility on the lot by Boston Pizza where the daycare was planned to open this spring.

Federal investment in NWT food security announced

Northwest Territories Member of Parliament Rebecca Alty highlighted an investment of over $95,000 into three organizations in the NWT under the Local Food Infrastructure Fund.

Aurora College announces new Interim President

The Aurora College Board of Governors has appointed a new Interim President while they continue their search for a candidate to fill the role full time. Dr. Nora Houlahan will be taking the position starting on May 4, with Dr. Heather McCagg-Nystrom continuing as Acting President until that time.