Early signs of an economy moving toward full economic health probably won’t be enough to prompt Bank of Canada Governor Stephen Poloz to alter the stance of monetary policy today.
Canada’s inflation rate slowed to close to the bottom of the central bank’s target band last month on lower gasoline and clothing prices.
Valiant Petroleum Plc, the U.K. oil explorer focused on the North Sea, plans to expand drilling off Norway after buying assets and qualifying as a field operator.
An “ugly” end to the year for Canada’s job market is threatening to undermine consumer confidence that’s grown from the first quarter of 2013.
Canada’s gross domestic product expanded for a fourth straight month in October, led by growth in manufacturing and wholesale trade.
Liquefied natural gas prices are surging to a three-year high as demand from Japan, China and India outpaces supply increases, boosting sales for producers from BG Group Plc to Exxon Mobil Corp.
Canadian stocks rose a fifth day as commodities prices advanced after orders for U.S. durable goods climbed more than forecast in November, signaling business investment in the economy is rebounding.
Canadian stocks fell, snapping a three-day advance in the benchmark index, as energy and raw- materials shares dropped after oil and gold prices slumped.
Canadian stocks rose for a second day amid better-than-estimated U.S. economic data and as European shares rebounded on gains in Italian bonds.
Booming U.S. natural gas production from shale formations and slowing demand from households, factories and power plants are poised to send prices down for an unprecedented fifth year in 2012.
"Certainly we had a larger-than-expected build in crude- oil inventories, so that's a negative."
- Peter Buchanan on Mar 13, 2013