â–º Listen Live

MID-DAY: North American markets boosted by trade optimism; Stats Can reports a November billion-dollar trade deficit

Trade optimism is still keeping North American markets up today, but poor trade data has slightly soured Bay Street. The TSX is up 58 points to 14,562 following a triple digit gain to start the day, with most of the gains coming from an energy boost. But, a Stats Can report on trade showed Canada’s deficit grew to $2.1 billion in November, primarily because of a drop in oil prices.

Meanwhile, the Dow is up 145 points to 23,676 as US and Chinese officials discuss ongoing trade relations, aiming to have a deal in place by the end of February.

Trade positivity is pushing crude higher as US oil gains to 49.28 a barrel.

The Loonie is higher at 75.18 cents US.

Continue Reading

cjsu Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

B.C. proposes expanded job protections for workers with serious illness or injury

British Columbia's government has tabled legislation aimed at improving job protections for workers with serious illness or injury.

Early morning quake north of Saanich Inlet leaves no damage

Many say they felt the 5:30 a.m quake, but there has been no reports of damage or tsunami.

Cowichan Valley residents get access to care with new urgent and primary care centre 

Cowichan Valley residents get a boost in healthcare as the province announces a new urgent and primary care centre on Government Street

Supportive housing opens on Salt Spring Island 

Thirty two supportive homes are coming to Salt Spring Island to help those experiencing homelessness.

B.C. Conservative MLA Amelia Boultbee resigns, urges Rustad to step down

Penticton-Summerland MLA Amelia Boultbee said she’s leaving the B.C. Conservative caucus and called on party leader John Rustad to resign. 
- Advertisement -