Two Big Doses Of Certainty Are Boosting Markets And There'S Room For This Reflation Trade To Run


'Let's not get carried away': Investors cheer vaccine progress, but rally's staying power questioned: Victor Ferreira



U.S. indexes briefly reached all-time highs on Monday after Pfizer Inc. revealed its developmental COVID-19 vaccine had been more than 90 per cent effective in preventing infection, but market analysts are preaching caution for the road ahead.

Whe…

Clearwater Seafoods sold in $1 billion deal that will see Mi'kmaq communities own 50 per cent: Geoffrey Morgan



A coalition of Mi’kmaq First Nations is teaming up with Vancouver-based Premium Brands Holdings Corp. to strike a $1-billion deal for Atlantic Canada’s largest wild seafood company, Clearwater Seafoods Inc.

“We are very pleased to be partnering wi…

Two big doses of certainty are boosting markets and there's room for this reflation trade to run: Martin Pelletier



Markets love it when uncertainty is dealt a blow and over the past few days, two such clarifying events — an outcome in the U.S. election and promising data on a vaccine for the coronavirus — have combined to send them soaring.

While we could stil…

Ottawa makes refunds for cancelled flights condition for airlines' rescue package: Barbara Shecter



The federal government is in talks with Canada’s major airlines about a rescue package with “strict conditions” that will help them stay afloat during the coronavirus pandemic, and the country’s airports don’t want to be left out or forced to take a hit to he…

Top employers in Canada look for these three tech skills - County Weekly News:



Top employers in Canada look for these three tech skills  County Weekly News

Biden presidency would calm but not cure trade troubles with U.S., business groups warn: Barbara Shecter , Geoff Zochodne



The prospect of Joe Biden in the White House looked increasingly likely on Friday, pointing to a potential calming of relations between Canada and the U.S. and more predictability for Canadian companies and investors, business groups say.

However,…

Blue wave or not, a green wave is sweeping the Canadian oilpatch: Geoffrey Morgan



CALGARY – In a sign of the changing environment in the oilpatch, North America’s largest pipeline company Enbridge Inc. set new net-zero emissions targets Friday and outlined how the company sees the global energy transition from carbon-based energy to renewa…

Canadians in Connecticut: Ex-NHL owners take U.S. election one data point at a time: Joe O'Connor



The crowd at a Manhattan gastro-pub on Tuesday night — election night — was pro-Democrat, a mixed, socially-distanced bag of party organizers, union bigwigs, left-leaning New York City councillors and campaign donors, all of whom were entranced, if increasing…

World domination demands navigating the U.S.'s unusually difficult political environment: Kevin Carmichael



If Dax Dasilva can positively engage with a country of at least 69 million Trumpists, then any of us can.

The founder and chief executive of Montreal-based Lightspeed POS Inc., a fast-growing developer of point-of-sale software for restaurants and…

Waiting for a winner was costly and other investor lessons from the post-election rally nobody saw coming: Victor Ferreira



Investors have traditionally shied away from uncertainty, but it hasn’t appeared to bother them in the wake of this week’s U.S. presidential elections. Despite not knowing for certain who the next president would be, whether he would have to work with a split…

When her oilpatch employer's stock tanked, so did this Alberta woman's retirement plans: Andrew Allentuck



A woman we’ll call Lucy, 60, lives in Alberta. Retired after 38 years as an administrator in the energy industry, she has a pension that provides $3,700 per month before tax. She has returned to work on a contract that pays her $4,000 per month before tax. Sh…

CRA cracking down on abuse of principal residence exemptions, but their assessments aren't written in stone: Jamie Golombek



There are very few things that are tax-free: investment income in your TFSA, lottery and casino winnings, purchasing six or more doughnuts (see what happens to the GST/HST next time you try it) and the gain from the sale of your principal residence are among …

Don't worry about Biden, Canada's oilpatch doesn't need Keystone XL anymore: Eric Nuttall: Larysa Harapyn



Eric Nutall, senior portfolio manager at Ninepoint Partners, speaks with Financial Post’s Larysa Harapyn about how the oil and gas sector is “incredibly undervalued,” what energy investors want (higher share prices) and why in today’s reality, Canadian produc…

Canada's job gains slow as some provinces grapple with second wave: Bianca Bharti



Canadian businesses added 84,000 jobs in October compared with 378,000 the month before, signalling a marked slowdown in economic growth as some provinces reinstated COVID-19 restrictions to fight a surging second wave.

The unemployment rate slipp…

Why investors should spend less time trying to avoid the dips and more time preparing for them: Tom Bradley



Investment math is pretty simple. Over the long run, stocks beat bonds and bonds beat cash. There’s one catch, however, that complicates things. Stocks don’t follow a straight, steady path.

Even a diversified portfolio of stocks, that trends up an…

Canada adds almost 84,000 jobs, unemployment rate creeps down — but pace of gains slows: The Canadian Press



OTTAWA — Statistics Canada says the pace of job growth slowed in October as the economy added 84,000 jobs in the month compared with 378,000 in September.

The unemployment rate was 8.9 per cent compared with 9.0 per cent in September.

Ontario budget projects record $38.5 billion deficit as battle against pandemic takes financial toll: Geoff Zochodne



The Ontario government will run a record-setting $38.5 billion budget deficit this year, as measures intended to curb and recover from the coronavirus pandemic will drive expenses in Canada’s most-populous province to previously unseen levels.

Pre…

Canadian Natural, Tourmaline inject more capital in booming natural gas as oil outlook dims: Geoffrey Morgan



CALGARY – Canada’s two largest natural gas producers plan for more drilling as the commodity’s outlook diverges from crude oil.

Canadian Natural Resources Ltd. president Tim McKay said Thursday the prospects for natural gas are stronger in the sho…



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