S&P/TSX composite down in late morning trading, U.S. stock markets also lower
Global News
The S&P/TSX composite index was down 34.08 points at 20,551.07.
TORONTO — Canada’s main stock index was down in late-morning trading as losses in the financial and base metal sectors helped lead the way lower, while U.S. stock markets also moved lower.
The S&P/TSX composite index was down 34.08 points at 20,551.07.
In New York, the Dow Jones industrial average was down 27.70 points at 33,590.99. The S&P 500 index was down 13.23 points at 4,124.89, while the Nasdaq composite was down 61.24 points at 12,195.68.
The Canadian dollar traded for 74.65 cents US compared with 74.88 cents US on Monday.
The June crude contract was down 97 cents at US$72.19 per barrel and the June natural gas contract was down a penny at US$2.23 per mmBTU.
The June gold contract was down 60 cents at US$2,032.60 an ounce and the July copper contract was down four cents at US$3.89 a pound.
The family behind one of Canada’s most well-known ice-cream brands says they’re absorbing “all immediate increases in our costs” as the U.S.-Canada trade war heats up.
Friedrich Trump called his business in Bennett, a town that sprang up because of the Klondike Gold Rush, the Arctic Restaurant & Hotel.
A new poll suggests that 40 per cent of Canadians are worried about losing their jobs as many businesses scale back hiring plans in response to the trade war with the U.S.
At the Halifax Stanfield International Airport, the tariff trade war between Canada and the U.S. is leaving flyers who travel between the two countries feeling very uneasy.
The man pleaded guilty to one count of violating the Migratory Birds Regulations after hunting snow geese without a permit, says a release from the ECCC.
Doug Ford is set to fly in and out of the U.S. capital on Thursday for a meeting with President Donald Trump's commerce secretary which could calm or reignite trade tensions.
'Half of us here are dual citizens, including me -- Canadian and American, half of us,' Point Roberts resident Brian Calder told Global News.
The proposed upgrades include parking lot improvements, wider trails, and a 2.4-metre-wide multi-use pathway.
Carney will replace Justin Trudeau after winning a race for the Liberal leadership on Sunday, and will take the reins of government amid a growing trade war with the U.S.
A Toronto woman who faced multiple charges in a dog attack that seriously injured a child has pleaded guilty to some of them, including a criminal charge of negligence.
Doug Ford was spending Wednesday meeting with Canada's incoming prime minister and speaking to his fellow premiers ahead of a trip Thursday to Washington, D.C.
The Bank of Canada cut its benchmark rate by 25 basis points, bringing it down to 2.75 per cent. Experts say the outlook for the housing market remains hazy.
Officers received a call shortly after noon Wednesday about an unconscious person who was found on the slopes, lying near a tree.