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 […]
Councils Worry Financial Shake-Up May Not Yield Improvements, Survey Indicates
Councils fear shake-up won’t improve finances, survey suggests Alex Forsyth Political correspondent Joshua Nevett Political reporter Getty Images A large portion of council leaders fear a major shake-up of local government will not solve the financial pressures their authorities are facing, a survey has suggested. Ministers are streamlining local government by merging councils and setting […]
PDAC: ETFs Linked to Underfunding in Exploration
Mineral Fund Advisory President Christopher Berlet speaks at the PDAC conference. Credit: Frédéric Tomesco Massive investment flows into metals exchange-traded funds (ETFs) over the past two decades are the main reason miners are struggling to raise capital, an analyst told the world’s biggest mining conference. Global metal and mining ETF assets rose about 6% in […]
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 […]
Oil and Gas Initiatives Accelerated as Minnesota Power Announces Transition Away from Fossil Fuels
Oil and gas projects fast-tracked, while Minnesota Power plans to quit fossil fuels Catch the latest energy news from around the Great Lakes region. Check back for these biweekly Energy News Roundups. Hundreds of energy projects may have their permits fast-tracked by the Trump administration, including Enbridge’s tunnel for Line 5 in the Straits of Mackinac and […]
A High-Performing US Stock to Purchase Before It’s Too Late…
Hershey HSY shares are on a tear, up nearly 20% this month. Yet this wide-moat company still looks 15% undervalued to us. While we expect high cocoa costs to eat into gross margins in 2025, we like Hershey’s dominant position in its industry and think management’s smart brand investments and ability to extract costs bode […]
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 […]
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 […]
US-Canada Tariff Disputes Shaking Financial Markets
The S&P/TSX Composite Index losses in afternoon trading, recovering from a 2% decline in the morning of March 04 as sweeping new US tariffs on Canada took effect. The broad-based declines were driven by energy and tech stocks with the S&P/TSX Capped Energy Index and the S&P/TSX Capped Information Technology Index opening lower, extending their […]