Tariffs Put Canadian Dollar in a Vulnerable Position
International tensions have turned the Canadian dollar into a punching bag for market volatility, with sharp swings driven by tariff announcements and uncertainty over US-Canada trade relations. Analysts warn that unless this uncertainty subsides, the Canadian dollar could remain on shaky ground for the foreseeable future. The Canadian dollar fell back to C$1.45 against the […]
Electrovaya Wins Orders From Second Global Japanese Headquartered Construction Equipment OEM
Electrovaya Inc. has secured orders for high-voltage battery systems from a major Japanese construction OEM through its partnership with Sumitomo Corporation Power & Mobility. These orders, part of an existing Supply Agreement, are set for delivery in Japan by 2025. Electrovaya’s CEO, Dr. Raj DasGupta, expressed excitement about this second win in the construction equipment […]
Brent Oil Price Analysis: Six-Month Lows Driven by OPEC Production, Tariffs, and Russia-Ukraine Talks
Brent Oil Price Analysis: Six-Month Lows Amid OPEC Output, Tariffs & Russia-Ukraine Negotiations Most Read: Brent Crude Oil Price Update – 100-day MA Keeps Oil Under Pressure Brent crude prices continue to slide following the OPEC + announcement that they would follow through with a planned output increase in April. This has led to Brent […]
Stocks Impacted by Reciprocal Tariffs
The S&P/TSX Composite Index ended a volatile day in the red having lost 429 points. The benchmark index was down 1.7% at the close, after staging a slight recovery from a 2% decline at the open in the morning of March 04, dragged down by sweeping new US tariffs on Canada that took effect on […]
Three Canadian Stocks Currently Overvalued
Gold mining and financial services stocks have been big winners over the past year. Riding the secular trend, Kinross Gold K, Agnico Eagle Mines AEM, and Fairfax Financial Holdings FFH stand out as the most expensive Canadian-listed stocks, according to Morningstar analysts. For this article, we screened Canadian-listed stocks under Morningstar’s coverage, ranked them based […]
Bombardier: Stock Appears Undervalued Despite Potential…
New 25% tariffs on all US imports from Canada and Mexico began on March 4, nominally tied to measures by these two nations and China to prevent fentanyl importation and illegal immigration into the United States. Big picture: It is unclear whether the tariffs will last a few days, months, or the rest of President […]
EU Efforts to Enhance Battery Recycling Practices
EU initiative to improve battery recycling The project outlined in the original article centers around an initiative to improve the recycling of electric vehicle batteries, launched at the end of 2024 and set to last for four years. It emphasizes the ambitious objectives of enhancing the recovery rates of key battery materials like cobalt, nickel, […]
Stock Market Declines This Week: How Much Did Your 401(k) Take a Hit from Trump’s Tariffs?
How much did your 401K lose this week? Trump tariffs bring stock declines Trump’s tariffs could impact 401 (k) Tariffs often cause bad side effects such as higher prices and inflation, making your money worth less. Another big risk — damage to Americans’ long-term retirement goals. OAKLAND, Calif. – President Donald Trump‘s long-threatened tariffs against […]
US Tariffs Could Prompt the Bank of Canada to Consider Major…
With US tariffs now in effect, analysts increasingly predict that the Bank of Canada may need to implement aggressive interest rate cuts to mitigate the economic fallout and stabilize the economy. Defying expectations of an extended reprieve, US President Donald Trump moved forward with heavy trade levies on Canada. Economists say this new economic reality […]
Toyota Pursues Steady Return on Equity, According to Finance Executive
Toyota aims for consistent return on equity, finance executive says TOKYO (Reuters) – Toyota Motor is increasingly focusing on return on equity as a performance measure, talking internally about raising ROE to 20% as one guideline, a senior finance executive at the Japanese automaker said during an interview on Monday. While cautioning that ROE is […]