Tag Archives: Canadian

Big Canadian investors push for more say in director nominations


An organization backed by the country\’s biggest pension funds and cash managers is looking on Canada to adopt U.S.-style rules to make it easier for large shareholders to appoint directors for election to company boards. The Canadian Coalition permanently Governance, whose members include the Canada Type of pension Investment Board and CIBC Asset Management Inc., is urging Industry Canada to ...

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Canadian Natural Resources Ltd delaying spending plans over Alberta government uncertainty


CALGARY – Canadian Natural Resources Ltd is delaying aiming detailed future spending plans because of uncertainty about the energy policies of Alberta\’s New Democratic Party government, the organization said on Wednesday. Premier Rachel Notley\’s rookie NDP government swept to power earlier this month, ending 44 many years of Progressive Conservative party rule inside a win that unsettled many oil industry ...

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Canadian bank earnings begin: What you need to know before markets open


U.S. stock index futures are higher today as the dollar retreated from the largest grow in two years and as worries about Greece receded. In early European trading, the dollar was down around another of one percent against a basket of currencies, after jumping 1.3 percent on Tuesday, its biggest rise since July 2013.Greece and its European creditors also have ...

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The best 11 Canadian stocks to buy in June


We asked our top analysts for his or her favourite stocks to purchase this month. Kay Ng: Canadian Western Bank (TSX:CWB) Canadian Western Bank (TSX:CWB) remains my top idea from recently. Canadian Western is really a regional bank offering personal and business banking services over the four western provinces. It\’s even cheaper than last month, dropping from $31 to $28. ...

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Foreign investors snapped up most Canadian stocks on record in first 4 months of year


OTTAWA – Foreign investors bought Canadian securities for that fourth straight month in April, snapping up $12.94 billion to create a new record for that opening 4 months of a year, Statistics Canada said on Tuesday. Non-residents bought $5.04 billion in Canadian bonds, led by investment in federal government bonds, in addition to $4.24 billion in money market paper and ...

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Foreign demand for Canadian housing a bright spot for struggling economy


The Canadian economy tanked in the first quarter, and April\’s data C like basically non-existent growth in consumer spending C don\’t exactly cause you to feel things are getting better anytime soon. Our manufacturers should be picking up the slack developed by low oil prices, there is however little evidence in export or business investment data that Canada\’s non-energy companies ...

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Canadian Pacific Railway looking for a rebound


Canadian Pacific Railway Ltd. has been around a bit of a slump, but the stock might be set to recover after falling 12 percent so far this season. “CP is our favorite railroad because it is the best at school operator,” said Stephen Boland, analyst at Odlum Brown, in a note to clients that reiterated his buy rating and $235 ...

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Loonie overvalued by 10%, dragging on Canadian growth: CIBC


CIBC World Markets says the loonie has been overvalued by 10 per cent since the recession, that has saddled Canadians using the equivalent of a 90 basis point higher interest rate from the Bank of Canada. “Oil\’s tumble has brought the Canadian dollar down with it,” said Nick Exarhos and Avery Shenfeld, economists at CIBC World Markets. “But our currency ...

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Latest Great White Short on Canadian banks not working out: ‘Hedge funds better know what they’re doing’


It looks like round two Great White Short isn\’t playing out the way the short sellers had hoped. For the very first time since 2014, analysts have turned positive on earnings for Canada’s bank stocks, after spending most of 2015 making negative revisions.?Analysts now forecast earnings development of 5 per cent for Canadian banks within the next 12 months, boosted ...

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Pity the Canadian investor, stuck between a foundering domestic economy and global uncertainty


The Greek debt crisis, regardless of anything else, has succeeded in inspiring folks to clean up on their historical and mythological references. Just type \”Beware of Greeks bearing gifts\” into Google News, and you\’ll see what I mean. Even though the allusion box is already full to overflowing, here\’s another: Investors today are just like Odysseus navigating the troubled waters ...

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