BEFORE THE BELL: Earnings and oil expected to boost TSX at the start

The TSX is expected to push ahead this morning as Canadian corporate earnings roll in. At the top of the list is Canada Goose, as the company is coming in above forecast with its earnings report. It also announced plans to open an eighth manufacturing plant in the country to keep up with demand.

A jump in crude prices is also expected to help the Bay Street Index. US crude is pushing ahead to 54.44 a barrel. This is thanks to Saudi Arabia agreeing to cut production and a dry up in exports from Venezuela due to US sanctions.

The Loonie is slipping slightly to 75.37 cents US.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Minister Caroline Wawzonek speaks about Northern infrastructure investments

Caroline Wawzonek, Minister of Finance and Minister of Strategic Infrastructure, Energy and Supply Chains, has released a statement on the infrastructure investments in the North announced earlier this month.  

Hay River conducting public survey on impacts of climate change

The town of Hay River is conducting a public survey on the impacts of climate change as part of their Climate Adaption Plan. The plan will focus on how climate change is affecting people in town, what actions and priorities are identified as important and will gauge how concerned people are about it.

Investigators interviewing witnesses in Yellowknife after 35-year-old dies in custody

Saskatchewan RCMP report that they are currently interviewing witnesses and collecting evidence after a 35-year-old man from Nunavut was found dead less than three hours after being taken into custody on Thursday. A team from Sask. has been deployed to Yellowknife to conduct the investigation as an independent agency.

Freezing of chambers at Yellowknife’s Giant Mine to begin this summer

The Giant Mine remediation project team says thermosyphons are going to be installed at the underground chambers this summer. Currently, 237,000 tons of arsenic remain stored in the chambers on site. Crews are finishing internal work inside the new water treatment plant at Giant Mine. Commissioning activities are scheduled to start later this year and full operation of the new water is scheduled to begin in 2027.

Housing NWT completes hybrid housing project in DĂ©lı̀¨nÄ™

Housing NWT has completed a hybrid housing project, bringing two new duplexes to DĂ©lı̀¨nÄ™, bringing four new social housing spaces to the community. Their hope is that this hybrid construction pilot project can help pioneer new approaches to expanding housing in Northern communities. Â