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1 day ago · Canada's primary stock index ended lower for a 3rd straight day on Tuesday as a drop in oil costs weighed on energy shares and financiers waited for a crucial U.S. inflation report that could form expectations for Federal Reserve interest rate cuts. The Toronto Stock Exchange's S&P/ TSX composite index ended down 15.83 points, or 0.1%, at 22,243.34, extending its decline because notching a ...
1 day ago · How does the price of Oil impact the Canadian Dollar? The price of Oil is a key factor impacting the value of the Canadian Dollar. Petroleum is Canada’s biggest export, so Oil price tends to have an immediate impact on the CAD value. Generally, if Oil price rises CAD also goes up, as aggregate demand for the currency increases. The opposite ...
1 day ago · The August crude oil contract was down 44 cents at US$81.30 per barrel and the August natural gas contract was down four cents at US$2.64 per mmBTU. The August gold contract was up $1.40 at US$2,338.00 an ounce and the September copper contract was up six cents at US$4.41 a pound. This report by The Canadian Press was first published June 28, 2024.
6 hours ago · The rally continued into 2022 as energy prices spiked on the Ukraine War. Energy was the best performing S&P 500 sector in 2021 and 2022. From Dec 1, 2020 through June 26, 2024, Matador shares are ...
3 hours ago · The Montreal-based telco has raised dividends for 16 consecutive years. It currently pays a quarterly dividend of $0.9975/share, with an annualized payout of $3.99/share and a forward yield of 8. ...
1 day ago · With the drop in the price of oil in 2015 it was down to $1.4 billion. In 2016, Alberta received "about $837 million in royalty payments from oil sands Royalty Projects". [123] According to the 2018–2021 fiscal plan, the two top sources of revenue in 2016 were personal income tax at $10,763 million and federal transfers of $7,976 million with total resource revenue at $3,097 million.
1 day ago · Denmark has considerably large deposits of oil and natural gas in the North Sea and ranks as number 32 in the world among net exporters of crude oil and was producing 259,980 barrels of crude oil a day in 2009. Denmark is a long-time leader in wind power: In 2015 wind turbines provided 42.1% of the total electricity consumption.
