Listen Live

MID-DAY: TSX dips on health sector and cannabis weight; Disappointing earnings reports pull down Dow

Pot stocks are dipping causing some weight on Bay Street. The TSX is down 75 points to 15,394, caused by a dip in a few sectors including Health, which covers the marijuana stocks.

The Loonie is gaining some strength to 76.30 cents US ahead of a Bank of Canada decision on the interest rate. Analyst consensus points to a high likelihood that he BoC will raise the rate on Wednesday.

Across the border the Dow is down 32 points to 25,411 on disappointing earnings reports from a few companies including Boeing.

Meanwhile, oil is slipping ahead of US sanctions on Iranian export, US crude is down to 69.26 a barrel.

Continue Reading

- Advertisement -

Related Articles

- Advertisement -

Latest News

North Island welcomes new student doctors to the community 

Two new interns continue to connect withe Northern Vancouver Island as they build their career.

Contactless payments coming soon to BC Transit riders

Bus riders may soon have an easier way to pay for their fare, as BC Transit prepares to roll out contactless debit and credit card payments across its network through the Umo fare system.

Canada Post to resume limited service as CUPW shifts to rotating strikes Oct. 11

Canada Post says it will begin restarting mail operations this weekend as the Canadian Union of Postal Workers shifts from a national walkout to rotating strikes.

Port Hardy residents encouraged to sign up for e-billing

Port Hardy residents are being encouraged to sign up for the district’s e-billing service while the Canada Post strike continues.

B.C. and Alberta saw largest rent declines as prices fall across Canada, says report

British Columbia and Alberta saw the largest declines in the price of apartment rentals over the past year, although B.C. remained the most expensive province for renters.
- Advertisement -