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Currencies

Canadian dollar outperforms eight G10 currencies as investors await BoC rate decision

Open this photo in gallery:The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a range of 1.3702 to 1.3742.Mark Blinch/ReutersThe Canadian dollar CADUSD edged lower against its U.S. counterpart on Tuesday but was performing better than all the other Group of 10 currencies, as oil prices rose and investors awaited a Bank of Canada interest rate decision this week.The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a...
Currencies

Canadian dollar outperforms eight G10 currencies as investors await BoC rate decision

Open this photo in gallery:The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a range of 1.3702 to 1.3742.Mark Blinch/ReutersThe Canadian dollar CADUSD edged lower against its U.S. counterpart on Tuesday but was performing better than all the other Group of 10 currencies, as oil prices rose and investors awaited a Bank of Canada interest rate decision this week.The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a...
Currencies

Canadian dollar outperforms eight G10 currencies as investors await BoC rate decision

Open this photo in gallery:The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a range of 1.3702 to 1.3742.Mark Blinch/ReutersThe Canadian dollar edged lower against its U.S. counterpart on Tuesday but was performing better than all the other Group of 10 currencies, as oil prices rose and investors awaited a Bank of Canada interest rate decision this week.The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a range...
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Prospects of Saudi ties to Israel elusive as Trump seeks US$1-trillion in investments

Open this photo in gallery:U.S. and Saudi flags flutter along a highway in Riyadh, Saudi Arabia, on May 12.Hamad I Mohammed/ReutersWhen U.S. President Donald Trump lands in Riyadh on Tuesday, he will be greeted with opulent ceremonies, gilded palaces and the prospect of $1-trillion in investments. But the raging war in Gaza has denied him one goal he has long craved: Saudi-Israel normalization.Behind the scenes, U.S. officials are quietly pressing Israel to agree to an immediate ceasefire in Gaza – one of Saudi Arabia’s preconditions for any restart of normalization...
Upcoming Investments

Majority surveyed want Poilievre to get security clearance, Carney to disclose investments

Two thirds of Canadians back Conservative Leader Pierre Poilievre getting a national security clearance, and nearly as many support Liberal Leader Mark Carney disclosing the scope and scale of his investments he recently put in a blind trust, according to a new national poll.The opinion survey on the personal choices of these two leaders, conducted last weekend for The Globe and Mail and CTV News by Nanos Research, found 66 per cent of respondents wanted or somewhat supported Mr. Poilievre joining the other federal party leaders in obtaining this status...
Currencies

Splashdown, Heatwave and Currency exchange rates

ARTICLE CONTINUES BELOW VIDEOhttps://www.youtube.com/watch?v=Iq1yfTbrWyw Splashdown after nine months: Sunita Williams, Butch Wilmore are back Syllabus: Preliminary Examination: Current events of national and international importance. Main Examination: General Studies III: Awareness in the fields of Space Story continues below this ad What’s the ongoing story: NASA astronauts Butch Wilmore and Sunita Williams returned to Earth on Tuesday (March 18) after a nine-month-long stay at the International Space Station (ISS). The SpaceX Dragon capsule sent to bring them back to Earth splashed down off the Florida coast, also carrying NASA astronaut Nick Hague and Russian...
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PSP Investments buys stake in Ontario’s 407 highway, the pension fund’s largest Canadian investment

Open this photo in gallery:The 407 toll highwayFred Lum/The Globe and MailPublic Sector Pension Investment Board is making its largest-ever investment in Canada with a multibillion-dollar deal to acquire a piece of Ontario’s 407 ETR toll road.In a series of transactions announced Thursday morning, Montreal-based engineering giant AtkinsRéalis Group Inc. ATRL-T said it was divesting its 6.76-per-cent stake in the toll road for nearly $2.8-billion. Spanish construction giant Ferrovial will buy most of that stake – 5.06 per cent – for $2.1-billion and Canada Pension Plan Investment Board will acquire...
Upcoming Investments

California pension fund labels Chevron and Saudi Aramco as climate-friendly investments – East Bay Times

By Eliyahu Kamisher | BloombergThe US’s largest pension fund has classified more than $3 billion of holdings in oil drillers, coal miners, and other major greenhouse gas producers as climate-friendly investments, according to a new analysis of public records.Stakes in Saudi Aramco, Chevron Corp. and Chinese coal company Inner Mongolia Dian Tou Energy are among the holdings that California Public Employees’ Retirement System labeled as  “climate solutions.”RELATED: More than 7,000 gallons of hydrocarbon materials were released in Martinez refinery blazeThe findings are part of a report from California Common Good, a...