MAAM

March 21, 2022 Daily Market Commentary Canadian Headlines A work stoppage at one of Canada’s two largest railways must end quickly, given increased pressure on already strained supply chains, Labor Minister Seamus O’Regan said. But O’Regan said he’s still hoping for a negotiated solution between Canadian Pacific Railway Ltd. and the Teamsters Canada Rail Conference, rather than legislation that [...]

March 16, 2022 Daily Market Commentary Canadian Headlines Healthcare of Ontario Pension Plan returned 11.3% last year, as gains in equities dwarfed a small loss in bonds, but its top executive warned that 2022 may be a difficult one for investors. “It’s been a pretty rough start of the year,” Chief Executive Officer Jeff Wendling said in an [...]

March 10, 2022 Daily Market Commentary Canadian Headlines Canadian equities reversed two days of losses, climbing as technology and consumer discretionary stocks rallied. The S&P/TSX Composite rose 1.2% at 21,493.23 in Toronto. The move was the biggest since rising 1.7% on Feb. 25 and follows the previous session’s decrease of 0.3%. Shopify Inc. contributed the [...]

March 8, 2022 Daily Market Commentary Canadian Headlines Canadian equities edged lower, weighed down by information technology and consumer discretionary stocks, as global markets slumped amid Russia’s war in Ukraine. The S&P/TSX Composite fell 0.5% at 21,304.40 in Toronto. The move follows the previous session’s increase of 0.7%. Intertape Polymer Group agreed to be acquired [...]

March 7, 2022 Daily Market Commentary Canadian Headlines Fairfax Financial Holdings Ltd., the Canadian investment firm run by Prem Watsa, is exploring the sale of its stake in Indian financial firm IIFL Wealth Management Ltd., according to people familiar with the matter. The Toronto-based firm is in early-stage talks with potential bidders for the stakes, said [...]