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November 15, 2018 6:40 PM Canadian stocks a ‘huge contrarian buy,’ BMO investment chief says

He’s not paring his bullish view on Canada, admonishing a group of portfolio managers in Toronto for being scared of low oil prices, household debt and the perception that fiscal policy is uncompetitive. “I think Canada is positioned for a huge recovery and a huge surprise with respect to performance,” Belski told the Portfolio Management Association 7

November 13, 2018 8:53 PM A $1.7-trillion fund manager joins critics of Trudeau oil policy

One of the largest foreign holders of Canadian energy stocks says investors are turning away from the country, frustrated over Prime Minister Justin Trudeau’s failure to get pipelines built to ease a record discount for oil-sands crude. In a letter to the prime minister, Darren Peers, an analyst and investor at Los Angeles-based Capital Group Cos., warns 10

October 14, 2018 1:41 PM Saudis reject threats as stocks plunge after Trump comments

However, Trump in the same interview said: “As of this moment, they deny it and they deny it vehemently. Could it be them? Yes.” Other stock exchanges in the Mideast saw far less volatility Sunday. U.S. markets have been rattled by rising interest rates, signs of a slowdown in the global economy and the U.S.-China trade dispute. Saudi Crown Prince Mohammed 31

October 1, 2018 3:01 PM Loonie, auto parts stocks up after revamped trade deal with U.S

The Canadian dollar and shares of the country’s major auto parts companies were up in the wake of the tentative trade deal between Canada, the U.S. and Mexico. The loonie was trading at 78.04 cents (U.S.) shortly after North American stock markets opened, up from an average of 77.25 cents (U.S.) on Friday. Shares of Canada’s largest auto parts company 15

September 28, 2018 6:23 PM Toronto stocks lower, loonie climbs higher after GDP report tops expectations

In New York, the Dow Jones industrial average was up 44.57 points at 26,484.50. The S&P 500 index was up 5.01 points at 2,919.01, while the Nasdaq composite was up 13.10 points at 8,055.06. The Canadian dollar traded higher at 77.39 (U.S.) compared with an average of 76.66 cents (U.S.) on Thursday after the Canadian economy grew faster than expected 22

September 26, 2018 12:16 PM Bump stocks banned by 10 U.S. states since Las Vegas shooting

The U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives this spring sought public comment on a proposal to reclassify bump stocks, but no action has been taken. Slide Fire Solutions, America’s largest bump stock manufacturer, closed its website in June and stopped taking orders. However, its remaining stock of the devices is now being sold by another 17

September 14, 2018 7:11 PM Trump wants $200 billion in China tariffs despite talks, sources say

U.S. President Donald Trump instructed aides on Thursday to proceed with tariffs on about $200 billion more in Chinese products despite his Treasury secretary’s attempt to restart talks with Beijing to resolve the trade war, according to four people familiar with the matter. But an announcement of the new round of tariffs has been delayed as the administration 27

September 7, 2018 8:36 PM Horizons Marijuana first weed ETF to reach $1 billion in assets

Enthusiasm for the fund appears to have cooled somewhat last month, however, as investors pulled money out in six of the seven trading days between Aug. 21 and Aug. 29. They withdrew a total of $15.9 million over that stretch before plowing $14.1 million back in on Aug. 30, bringing the month’s total inflows to $12 million. Meanwhile, buyers in the U.S. have been scooping 25

August 27, 2018 7:46 PM Canadian auto stocks rally on trade progress between U.S. and Mexico

Canadian automotive stocks rallied Monday after the U.S. and Mexico announced they have reached a bilateral “understanding” on a trade agreement. Shares in companies including Linamar Corp., Magna International Inc. and Martinrea International Inc. were up despite U.S. President Donald Trump’s threat to impose tariffs on automotive imports from Canada 36

August 24, 2018 3:41 PM Toronto stocks pushed higher by energy sector, loonie trades higher

Strength in the energy sector, helped by a rising price for oil, helped Canada’s main stock index push higher in late-morning trading. In New York, the Dow Jones industrial average was up 134.10 points at 25,791.08. The S&P 500 index was up 15.05 points at 2,872.03, while the Nasdaq composite was up 64.06 points at 7,942.52. The Canadian dollar traded 14