Stock markets fall into bear market territory after Mnuchin and Trump stoke worries
Monday’s trading was the worst ever on a Christmas Eve for all 3 U.S. indexes Stock markets sold off on Monday after U.S. Treasury Secretary Steven Mnuchin called the heads of six major U.S. banks Sunday in an apparent attempt to reassure jittery financial markets — but ended up only stoking investor fears. In thin […]
TSE down, loonie lower
Canada’s main stock index and the loonie were moderately lower Monday morning, continuing a downward trend that began last week and took the Canadian dollar to a 19-month low against the American dollar. The Canadian dollar traded at 73.67 cents US, compared with average of 73.71 cents US on Friday. The S&P/TSX composite index was […]
Premiers’ performance
B.C. Premier John Horgan has rated just ahead of Ontario’s Doug Ford in a new survey by Vancouver-based Angus Reid Institute. Horgan’s year has largely consisted of unyielding interprovincial political tension with Alberta over the TransMountain pipeline expansion project, and tumult over his minority NDP government’s referendum on proportional representation. The latter, part of the […]
People’s Party ready to run
The People’s Party of Canada says it has reached its goal of setting up 338 riding associations as it sets its sights on being a competitive force in the upcoming federal election. In an email to supporters, leader Maxime Bernier says the move amounts to a “gift of hope” for Canadians seeking to bring back […]
Enough outdoors for all
Judith Kasiama has always loved nature and spending time in the outdoors. As a child in the Democratic Republic of Congo, known as Zaire at that time, she could walk through the lush rainforest, swim in the river or watch the tropical storms. Her family fled the country in 1997 when it became unstable after […]
Air Canada to buy Aeroplan
Air Canada’s acquisition of the Aeroplan loyalty program has received all required federal regulatory approvals ahead of a shareholders’ vote on a $450-million agreement reached by the airline in November. Shareholders of current Aeroplan owner Aimia Inc. are scheduled to vote on the cash deal on Jan. 8. Under their agreement, Air Canada will buy […]