Canadian Financial Close: New highs for TSX, gold

The Canadian dollar was relatively steady on Wednesday. The loonie closed at US$0.7250 or US$1=C$1.3794, compared to US$0.7252 or US$1=C$1.3789 on Tuesday. The United States Dollar Index was down 0.24 of a point at 98.15. Crude oil prices fell on Wednesday after reports suggested OPEC+ could decide at its meeting on Sunday to raise output[...]


Carney’s new green agenda

While some say Justin Trudeau’s government had a much more hands-on approach to environmental issues, appearing to favour deterrents over incentives, the Carney government’s strategy may be more restrained and integrated with its economic agenda.

Industry believes green pea supplies are over-reported

Canada has far fewer green peas than the government is reporting, says an analyst. “Purely from a price perspective, markets believe the Canadian harvest was smaller than estimated by Statistics Canada,” Stat Publishing noted in a recent article.