Canadian credit market overview: despite slowing growth, many aspects still on the rise

By Russell Dufault (Toronto) on September 25, 2019 Posted in Finance

The Bank of Canada (BoC) recently announced its decision to maintain the overnight rate target at 1 ¾%– while the Bank Rate and deposit rate are 2% and 1 ½% respectively – resulting in no shortage of backlash. In its press release, the BoC cites the escalation of international trade conflict as a factor in … Continue reading

Uncertainty at the root of U.S./Canada oil market fluctuations

By Troy Ungerman (Toronto) on October 16, 2018 Posted in Energy

Investors are struggling to price market uncertainties, with widely fluctuating market prices in both the United States and Canada. West Texas Intermediate, a U.S. crude benchmark, slid 2.9% during the first week of September, following a jump of more than 7% in August and has remained turbulent ever since. Meanwhile, Canadian energy stocks have failed … Continue reading

Gauging the impact of a Canada-U.S. trade war on cross-border M&A

By Troy Ungerman (Toronto) on July 10, 2018 Posted in Cannabis, M&A

On May 31, 2018 the United States (U.S.) government announced that it would be imposing tariffs on a number of Canadian products, including steel and aluminum at a rate of 25% and 10% respectively. In response, the Canadian government imposed its own surtaxes of approximately C$16.6 billion on imports of steel, aluminum, and other products from … Continue reading