Tag #Canadian Economy

theglobeandmail.com
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2MP Underperforms in 2024 Bull Market

The Two-Minute Portfolio (2MP), a Canadian stock portfolio equally weighting the two largest dividend payers in each of the S&P/TSX Composite Index's 11 sectors, returned 11.1 percent in 2024, underperforming the index's 21.7 percent return due to underweighting in the high-performing financial sect...

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48% Bias Score

Reduced Inequality
theglobeandmail.com
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Canada's Unexpected Job Boom Fuels Debate on Interest Rates

Canada's economy added 91,000 jobs in December 2016, exceeding expectations significantly, lowering the unemployment rate to 6.7 percent and sparking debate about the Bank of Canada's interest rate policy amidst concerns about U.S. tariffs and a potentially weakening Canadian dollar.

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Trump's Tariffs Threaten Canadian Economy

President-elect Trump's planned 25% tariff on Canadian and Mexican imports, starting January 20, 2025, is expected to negatively impact the Canadian TSX and potentially trigger a recession, while also affecting the US and global economies.

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48% Bias Score

Decent Work and Economic Growth
elmundo.es
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Trudeau Resigns as Canadian Prime Minister Amidst Political and Economic Turmoil

Canadian Prime Minister Justin Trudeau resigned on Monday after nine years in office due to declining popularity, internal party strife, and the threat of a no-confidence vote, leaving the Liberal Party to choose a new leader before the October general elections.

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44% Bias Score

Reduced Inequality
theglobeandmail.com
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Trudeau's Resignation Boosts Canadian Dollar Amidst Anticipation of Conservative Win

Canadian Prime Minister Justin Trudeau announced his resignation, leading to a strengthening Canadian dollar as markets anticipate a Conservative victory in the upcoming election and a potentially improved relationship with the US under a fiscally conservative government.

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Major Insider Buying Spree Signals Strong Confidence Across Four Public Companies

Between December 13 and 30, 2024, four senior executives—John O'Neill (AHIP), Lyne Castonguay (CTC), Jeff Lawson (CVE), and Vito Culmone (STN)—invested over $1 million in their companies' shares, signaling positive confidence in their future performance.

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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TSX Outperforms Despite Canada's Economic Woes

Despite Canada's overall economic struggles, sales per employee for Toronto Stock Exchange (TSX)-listed companies have risen by 20 percent since the COVID-19 pandemic, leading to profit margins similar to U.S. blue chips, primarily due to the concentration of oligopolies in key sectors.

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44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Comark and Frank and Oak Seek Creditor Protection Amidst Retail Challenges

Two Canadian clothing retailers, Comark Holdings Inc. (Ricki's, cleo, Bootlegger) and Frank and Oak, filed for creditor protection in late 2024, citing decreased consumer spending, online competition, and supply chain issues; Comark will close Ricki's and cleo, impacting over 1,000 employees, while ...

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36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Canada's Trade Surplus with U.S. Grows Amid Trump's Tariff Threats

Canada's November trade deficit shrank to $323 million, while its surplus with the U.S. rose to $8.2 billion, despite overall export growth. This comes amid President-elect Trump's threats of tariffs on Canadian goods due to unresolved border security concerns and criticisms of trade deficits.

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Trudeau's Legacy: Nine Years of Economic Discontent

Under Justin Trudeau's nine years as Prime Minister, Canada's middle class and business community experienced economic hardship due to inflation, high housing costs, and government policies perceived as harmful; this has created a significant disconnect between the government and these groups, leavi...

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64% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Dividend Growth Outpaces Inflation in Connolly's 2024 Stock Portfolio

Tom Connolly's 2024 summary of 24 dividend stocks reveals an average dividend growth of 5.3 percent, exceeding the 1.9 percent inflation rate; however, individual company performance varied significantly, with some companies like Metro Inc. showing double-digit increases while others, such as BCE In...

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Rogers Sugar's $300 Million Expansion to Boost Canadian Food Production

Rogers Sugar Inc. is investing $300 million to expand its Lantic Montreal sugar refinery, increasing production capacity by 20 percent to meet growing demand from food manufacturers in Canada and the U.S., despite potential U.S. tariffs.

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44% Bias Score

Decent Work and Economic Growth