The Daily

August 11, 2021 Daily Market Commentary Canadian Headlines Canadian equities rose Tuesday as investors continued to weigh strong earnings against the risks of the spreading delta virus variant. The S&P/TSX Composite Index gained 0.3%. Oil rose alongside broader equity gains with investors optimistic global economic growth will continue even amid Covid-19’s resurgence. Soaring crop prices and global [...]

August 10, 2021 Daily Market Commentary Canadian Headlines Canadian equities fell Monday as investors digest the resurgence of Covid through the fast-spreading delta virus variant, while commodities dipped. The S&P/TSX Composite Index fell 0.2%, with energy and materials leading the drop. Health care and tech jumped. Oil slid to a three-week low with new waves of [...]

August 3, 2021 Daily Market Commentary Canadian Headlines Bausch Health Companies Inc. today announced that it plans to pursue an initial public offering (IPO) of its Solta Medical business ("Solta"). Solta is a leading global provider in medical aesthetics with innovative and effective skin rejuvenation and body contouring solutions, including the Thermage® RF systems, Fraxel® laser, Clear [...]

August 3, 2021 Daily Market Commentary Canadian Headlines Bausch Health Companies Inc. today announced that it plans to pursue an initial public offering (IPO) of its Solta Medical business ("Solta"). Solta is a leading global provider in medical aesthetics with innovative and effective skin rejuvenation and body contouring solutions, including the Thermage® RF systems, Fraxel® laser, Clear [...]

August 3, 2021 Daily Market Commentary Canadian Headlines Bausch Health Companies Inc. today announced that it plans to pursue an initial public offering (IPO) of its Solta Medical business ("Solta"). Solta is a leading global provider in medical aesthetics with innovative and effective skin rejuvenation and body contouring solutions, including the Thermage® RF systems, Fraxel® laser, Clear [...]

August 4, 2021 Daily Market Commentary Canadian Headlines Canadian stocks reached a record high on Tuesday as consumer staples and tech shares advanced. The S&P/TSX Composite index rose 0.4% to 20,365.85, an all-time high for the close. Consumer staples stocks were the best performers, led by grocery retailers. Health care and real estate were the [...]

August 3, 2021 Daily Market Commentary Canadian Headlines Bausch Health Companies Inc. today announced that it plans to pursue an initial public offering (IPO) of its Solta Medical business ("Solta"). Solta is a leading global provider in medical aesthetics with innovative and effective skin rejuvenation and body contouring solutions, including the Thermage® RF systems, Fraxel® laser, Clear [...]

July 30, 2021 Daily Market Commentary Canadian Headlines Canada’s telecommunications companies will pay C$8.9 billion ($7.2 billion) to buy licenses for 5G wireless airwaves, with Rogers Communications Inc. spending the most to protect its No. 1 position in the market. Toronto-based Rogers committed C$3.3 billion in the government’s spectrum auction, while BCE Inc. spent C$2.1 billion and Telus Corp. more than [...]

July 29, 2021 Daily Market Commentary Canadian Headlines Canadian equities edged higher for a third session, led by a rally in cannabis producers following Tilray’s earnings. The S&P/TSX Composite Index rose 0.3%. Technology giant Shopify fell despite strong results. Inflation decelerated in Canada for the first time this year, but price pressures continue to run at some of the [...]

July 28, 2021 Daily Market Commentary Canadian Headlines Canadian stocks were mixed Tuesday as investors digested corporate earnings. The S&P/TSX Composite Index was mostly unchanged, with real estate and industrials rising, while cannabis and energy lagged. Pot investors will gain some color this week as Tilray is set to report earnings after combining with Aphria. Shopify Inc. has entered [...]