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Economy

TSX falls 0.76% to 19,204.42

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Toronto Stock Exchange

* The Toronto Stock Exchange‘s TSX falls 0.76 percent to 19,204.42

* Leading the index were Mullen Group Ltd <MTL.TO​>, up 7.0%, Canaccord Genuity Group Inc​, up 5.8%, and OrganiGram Holdings Inc​, higher by 4.1%.

* Lagging shares were Boralex Inc​​, down 6.3%, Denison Mines Corp​, down 6.1%, and Ballard Power Systems Inc​, lower by 5.4%.

* On the TSX 59 issues rose and 168 fell as a 0.4-to-1 ratio favored decliners. There were 28 new highs and 1 new low, with total volume of 192.4 million shares.

* The most heavily traded shares by volume were Enbridge Inc, Royal Bank Of Canada and Manulife Financial Corp.

* The TSX’s energy group fell 0.72 points, or 0.6%, while the financials sector slipped 1.32 points, or 0.4%.

* West Texas Intermediate crude futures rose 0.55%, or $0.35, to $63.48 a barrel. Brent crude  rose 0.54%, or $0.36, to $67.13 [O/R]

* The TSX is up 10.2% for the year.

This summary was machine generated April 19 at 21:03 GMT.

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Economy

September merchandise trade deficit narrows to $1.3 billion: Statistics Canada

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OTTAWA – Statistics Canada says the country’s merchandise trade deficit narrowed to $1.3 billion in September as imports fell more than exports.

The result compared with a revised deficit of $1.5 billion for August. The initial estimate for August released last month had shown a deficit of $1.1 billion.

Statistics Canada says the results for September came as total exports edged down 0.1 per cent to $63.9 billion.

Exports of metal and non-metallic mineral products fell 5.4 per cent as exports of unwrought gold, silver, and platinum group metals, and their alloys, decreased 15.4 per cent. Exports of energy products dropped 2.6 per cent as lower prices weighed on crude oil exports.

Meanwhile, imports for September fell 0.4 per cent to $65.1 billion as imports of metal and non-metallic mineral products dropped 12.7 per cent.

In volume terms, total exports rose 1.4 per cent in September while total imports were essentially unchanged in September.

This report by The Canadian Press was first published Nov. 5, 2024.

The Canadian Press. All rights reserved.

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Economy

How will the U.S. election impact the Canadian economy? – BNN Bloomberg

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How will the U.S. election impact the Canadian economy?  BNN Bloomberg

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Economy

Trump and Musk promise economic 'hardship' — and voters are noticing – MSNBC

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Trump and Musk promise economic ‘hardship’ — and voters are noticing  MSNBC

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