TSX lags recovery in Dow industrials
Toronto benchmark index remains well off 2011 highs
- By: Craig Wong, The Canadian Press
- February 22, 2012 February 22, 2012
- 16:40
Toronto benchmark index remains well off 2011 highs
Commodity stocks rally
Fitch further downgrades Greece
Falcon’s budget includes tax increases, along with tax breaks aimed at the elderly and families
Dow backs off after passing 13,000 mark
U.S. stocks poised for double-digit returns; Commodities should help drive Canadian equities
Sales were down in five provinces, with British Columbia reporting the largest drop
Liquidity-stress index nears record-low
Traders eye acquisitions
Another heavy earnings week for Corporate Canada
Oil closes at a nine-month high
Credit quality of Canadian covered bonds will also be stable because the Canadian financial institutions that issue covered bonds are strong
Inflation hike unlikely to impact interest rates in Canada, analysts say
Seventh consecutive monthly gain: StatsCan
Encana selling stake in B.C. gas assets to Mitsubishi $2.9 billion
Further evidence of continued strength in the manufacturing sector
2011 marked the highest annual Canadian investment in foreign securities since 2007
Ratings agency reviews ratings for banks and securities firms with global capital markets operations
Moody’s may lower the ratings of some of the world’s largest banks
Generate more attractive returns with commodities, corporate and high yield bonds, and emerging markets equities
Rising commodity prices help push loonie higher
Sovereign debt uncertainties in Europe pose the biggest risk
Higher commodity prices push loonie up
U.S. retail numbers disappoint