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April 20, 2022 Daily Market Commentary Canadian Headlines Canadian equities extended a winning streak as technology and consumer stocks surged. The S&P/TSX Composite rose for the fourth straight day, climbing 0.64%, or 140.41 to 22,018.82 in Toronto. The gain was the biggest since an advance of about 0.9% on March 21. Shopify Inc. contributed the [...]

April 18, 2022 Daily Market Commentary Canadian Headlines Canada’s housing minister has a daunting target in front of him as his government tries to rein in skyrocketing housing prices: doubling the pace of housing construction in the country within 10 years.  But Ahmed Hussen, who was appointed to the job after last year’s election, says Canada [...]

April 14, 2022 Daily Market Commentary Canadian Headlines Hours after delivering the biggest interest-rate hike in 22 years in Canada, Tiff Macklem had a message for investors: There’s no reason to worry about inflation getting out of hand. While there is plenty of uncertainty in the global economy, the Bank of Canada governor told Bloomberg News he’s quite certain that [...]

April 12, 2022 Daily Market Commentary Canadian Headlines Canadian stocks fell as real estate slumped and energy stocks dropped the most in one month. The S&P/TSX Composite slid 0.4% to 21,790.49 in Toronto. The move follows the previous session’s increase of 0.2%. Brookfield Asset Management Inc. contributed the most to the index decline, decreasing 2.3%. [...]