S&P/TSX composite down more than 400 points, U.S. stock markets also fall
Global News
The S&P/TSX composite index fell 421.48 points to 19,190.08 shortly after the start of trading.
TORONTO — Canada’s main stock index fell more than 400 points in early trading, while U.S. stock markets also tumbled lower, a day after the U.S. Federal Reserve raised its key interest rate by the most since 1994.
The S&P/TSX composite index fell 421.48 points to 19,190.08 shortly after the start of trading.
In New York, the Dow Jones industrial average was down 681.45 points at 29,987.08. The S&P 500 index was down 94.31 points at 3,695.68, while the Nasdaq composite was down 308.03 points at 10,791.12.
The Canadian dollar traded for 77.35 cents US compared with 77.23 cents US on Wednesday.
The August crude contract was down US$1.06 at US$112.03 per barrel and the July natural gas contract was up 47 cents at US$7.89 per mmBTU.
The August gold contract was up US$8.90 at US$1,828.50 an ounce and the July copper contract was down seven cents at US$4.09 a pound.
A mother who was struck by a vehicle, along with the father and three other children, has now died from her injuries in hospital just over a month after the collision.
Erin McQueen believes her tools were stolen on Nov.16 while her truck was parked in Kelowna near Ellis Street and Clement Avenue.
"I am fighting for my daughter." How one Regina family is looking to the community to help raise money for a potentially live saving trip to the United States.
Kingston hosts the 59th Vanier Cup, featuring Laval vs. Laurier, promising excitement, economic impact, and family-friendly events. Full details on the big game.
Saskatchewan has been battling an increase in overdoses for many years. But based on recent data, Saskatchewan’s response to drug toxicity may be working.
A council representing Montreal and the suburban municipalities will vote on whether to stop the practice in the six West Island suburbs that treat their water with fluoride.
Trudeau said he would prefer the North American free trade agreement to remain in place, but that Ottawa was 'leaving all doors open' to secure Canadian interests.
The Florida Republican's announcement came one day after meeting with senators in an effort to win their support for his confirmation to lead the Justice Department.
Quebec's finance minister painted a positive picture of the province's finances, saying the province had a stronger-than-expected recovery from last year's economic slowdown.
Kingston ranks No. 2 in Canada for winter non-monogamy hot spots, reflecting its openness to alternative relationships.
Heffel Fine Art Auction House says “Masset, Q.C.I.” sold for $290,000 at its fall sale Wednesday night, above a presale estimate of $100,000 to $200,000.