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Oil prices dropped over 2% as diplomatic efforts eased Strait of Hormuz supply concerns. Gold also slipped, while the US dollar rose 0.2% against the Canadian dollar to 1.3864, even as Canadian house…
The US dollar advanced against the Canadian dollar as hotter core CPI data solidified expectations for an imminent Federal Reserve rate hike. Higher Treasury yields pressured gold, while crude oil pr…
Crude oil surged over 6% following escalating attacks on oil tankers near the Strait of Hormuz and Red Sea threats. Gold fell 2.1%, while the US dollar strengthened against the Canadian dollar amid i…
Canada's 10-year bond yield surged to 3.904% as Brent crude spiked past $100 amid Middle East tensions. The oil rally has renewed global inflation worries, delayed anticipated interest-rate cuts, and…
The Canadian dollar edged lower near 1.3808 against the greenback despite crude surging above $100 a barrel amid escalating US-Iran tensions. Gains for the loonie were limited by broader risk aversio…
Scotiabank forecasts the Bank of Canada will hike interest rates by 25 basis points in December. Stronger economic growth, rebounding exports, and firm oil prices reinforce the case for policy tighte…
Rosenberg Research argues the Bank of Canada should halt interest rate hikes as escalating US trade tensions and tariffs threaten economic growth. While markets still price in monetary tightening, mo…
U.S. imports of Canadian crude reached record levels above 4 million bpd in early 2026, defying tariff headwinds. Strong U.S. Gulf Coast demand for Canadian heavy crude, aided by Enbridge's new Houst…
Enbridge agreed to acquire Tallgrass Energy's crude oil business for $2.55 billion in cash, expanding its US pipeline and storage footprint. To finance the purchase and pay down debt, Enbridge launch…
Brent crude climbed past $100 and WTI gained over 3% amid escalating US-Iran tanker attacks near the Strait of Hormuz. Simultaneously, mounting US-Canada trade tensions and fresh import bans pressure…
Tamarack Valley Energy and Headwater Exploration agreed to an all-stock C$10bn ($7.25bn) merger, creating a major Clearwater heavy oil producer with over 80,000 boepd production. Tamarack shareholder…
National Bank projects the Canadian dollar could weaken near term toward 1.40 against the US dollar due to US tariff risks and trade frictions. However, if trade negotiations conclude favorably, the …
US equity futures dropped as Canada's retaliatory tariffs of up to 50% on US goods took effect. Rising oil prices, with WTI jumping over 2.7%, and softening US small business sentiment weighed furthe…
The Canadian dollar strengthened near 1.38 per USD amid broad greenback softness and firmer crude oil prices. Canada's retaliatory tariffs on $20 billion of US goods took effect, while potential ener…
US stock futures fell as Canada imposed up to 50% retaliatory tariffs on $20 billion of US goods. Concurrently, Brent crude neared $100 per barrel amid Middle East tensions, reviving inflation fears …
General Motors ratified a three-year labor contract with Unifor, committing over C$1 billion to Ontario facilities. The deal averts strike risks and secures high-margin truck and transmission capacit…
Canada unexpectedly lost 42,000 jobs in August against expectations of a 15,000 gain, sending USDCAD higher to 1.3834. Meanwhile, stronger US jobs growth and Middle East supply concerns supported cru…
BMO reports Canadian long provincial bond returns softened in August as yields rose broadly. The Bank of Canada kept policy rates unchanged, expected to hold through 2026 amid trade risks, while high…
Canada's provincial fiscal outlook improved with the combined deficit projected at CA$35.6 billion, aided by Alberta's turnaround to a CA$2 billion surplus on higher oil prices, according to BMO. The…
The Canadian dollar dropped toward 1.39 per USD after Canada unexpectedly shed 41,700 jobs in August, while US nonfarm payrolls surged far above forecasts. The stark divergence supports a more dovish…