100.1 GO FM - We're Your Feel Good Pop Station

MID-DAY: TSX boosts on lower inflation data; Wall Street steadily grows ahead of interest rate decision

The TSX is gaining strength as the cost of living in Canada dips. The Bay Street index is up 91 points to 14,508 after Stats Can reported an inflation dip to 1.7 per cent in November. This is well below the Bank of Canada’s target 2 per cent.

Meanwhile, the Dow is gaining 194 points to 23,870 ahead of a decision by the US Federal Reserve on interest rates. Analysts are predicting one last hike is coming, but the Central Bank will likely pull back on its tightening policy in the new year. The decision is expected to come down at 2:00pm.

The price of crude is ambling ahead again after taking a major dip this week, with US oil up to 47.66 a barrel.

The Loonie is climbing to 74.48 cents US.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Frank Gruben remembered, loved ones call for change and healing spaces

Frank Gruben's mom Laura Kalinek says now is the time for change and with the new Missing persons legislation she hopes that can happen. She wants communities to have spaces for healing and remembering the lives of the Missing and Murdered. “There's so much people, there is so much going on in the world, that’s why you’ve got to be thankful everyday for everything,” says Kalinek.

New Indigenous-led network feeds body and spirit in Yellowknife

The non profit organization’s vision and plans are about finding ways to support people facing homelessness in the city, but it’s about much more than providing food or shelter. The organization is grounded on the principles of dignity, reciprocity, Indigenous leadership, healing and non-colonial practices, towards a critical vision: “A Yellowknife with no homelessness, where Indigenous people are respected, supported, and leading the change.”

Environment scientists say water levels remain “very low” across territory

“Water levels and flow rates are very low across most of the NWT,” say scientists with the government of Northwest Territory’s Environment and Climate Change centre. Data collected last month continued to show that water levels and flow rates for lakes and rivers remain “very low” across much of the N.W.T. Climate change scientists anticipate temperatures will vary between northern and southern regions of the N.W.T. but predict colder temperatures across the territory for March.

Federal government helping to fund housing in Yellowknife

Over $24 million in federal funding has been announced for the 54th Avenue Housing Project in Yellowknife.  

Two face charges after alleged drug trade incident involving guns and bear spray

Two people are facing charges following an alleged incident involving a handgun, a fake pistol and bear spray in the city of Yellowknife. RCMP officials state, officers reported that the alleged incident is likely connected to the illegal drug trade. According to the report, police arrived on scene on Feb. 12 at an apartment building in the city after being notified of one suspect who was allegedly “carrying a pistol and bear spray” outside an apartment building.