Terry Cain

2 weeks ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningTrump roiling markets again: U.S. President Donald Trump has resumed disrupting the global economy and financial markets. Stock futures dropped sharply, and European markets plunged by nearly two per cent after Trump threatened a 50 per cent tariff on goods from the European Union starting on June 1. In an online posting, the U.S. president said the EU “has been very difficult to deal with,” citing several trade irritants.

2 weeks ago | bnnbloomberg.ca | Terry Cain

Here are four things you need to know this morningTD Bank cutting jobs as Q2 profit tops estimates: TD Bank plans to cut about two per cent of its workforce in an effort to reduce its cost base and achieve greater efficiency. The bank, with about 95,000 employees, says the restructuring will cost up to $700 million in pre-tax charges over the next several quarters. It expects the effort will generate about $100 million in pre-tax savings this fiscal year and annual savings of up to $650 million.

2 weeks ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningTSX winning streak continues: The TSX’s remarkable run just keeps on going. Canada’s leading stock market index hit an all-time high last week and topped the 26,000 point level yesterday, moving higher for 10 straight sessions, the longest winning streak since 2021. It is now up more than five per cent so far this year – and has gained more than 21 per cent from its low of last June.

2 weeks ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningInflation eases thanks to end of carbon tax: The latest numbers from Statistics Canada confirm what many Canadians have noticed, inflation isn’t as bad as it has been. The national inflation rate eased to 1.7 per cent in April, down from 2.3 per cent in March. Much of the drop was due to the elimination of the consumer carbon tax and lower oil prices.

2 weeks ago | bnnbloomberg.ca | Terry Cain

Skip to main contentInvesting Monday, May 19Victoria Day (Canadian markets closed)Tuesday, May 208:30 a.m. Canada Consumer Price Index (April)Earnings:Home Depot Inc Palo Alto Networks IncWednesday, May 21Earnings:Lowe’s Cos IncTarget CorpThursday, May 22Earnings:Toronto-Dominion BankLightspeed Commerce IncRalph Lauren CorpWorkday IncIntuit IncDeckers Outdoor CorpFriday, May 238:30 a.m. CanadaRetail Sales (March)