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

GNWT says another school shows elevated lead in some water fixtures

A school in BehchokÇ«̀€ is the latest to receive test results showing elevated levels of lead in some water fixtures. So far, 28 tested school results have been announced to date, 23 have tested positive for elevated levels of lead in some of their drinking water fixtures. Robin Ferguson, Acting Assistant Deputy Minister at the Department of Infrastructure has said the GNWT plans to test more public buildings once school testing is completed.

Climate plan draws from NWT Traditional Knowledge and meteorological data

Hay River, the Hay River Metis Nation, KĂ¡tÅ‚'odeeche and West Point First Nation are working on a climate action plan that combines local and Traditional knowledge and statistical data alongside meteorological records and forecasts.

Yellowknife airport could be moving to a new location

At a public briefing today in Yellowknife, Assistant Deputy Infrastructure Minister Sam Shannon said YZF may be moving to a new location soon.

BehchokÇ«̀€ residents asked to conserve water

The Tłı̀¨chÇ« government is asking BehchokÇ«̀€ residents to conserve water due to low water levels in the region, effective immediately.

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. Â