CAD to hit 1.3% on commodity price rise: BofA

1 hour ago

Rising global commodity prices will shave a lot off the current account leading to higher imports and a rise in current account deficit, which is likely to print at 1.3% of the GDP, according to a … Read Full Story ...

Google Pixel 6, Pixel 6 Pro Canadian Pricing: From $799 CAD

1 hour ago

Google has officially announced its new Pixel 6 and Pixel 6 Pro smartphones, at its online Pixel Fall Launch event. Both smartphones will feature the latest innovations in Artificial Intelligence and … Read Full Story at source (may require registration)

USD/CAD finds support at 1.2315 and returns to 1.2350 area

2 hours ago

Scotiabank. The US dollar is trimming losses against its Canadian counterpart after having bottomed at 3, ½-month lows at 1.2310 earlier on Wednesday. The pair has returned to 1.2350, yet still about … Read Full Story at source (may require ...

Rising commodity prices to trim CAD to 1.3% or $40 bn this fiscal: Report

4 hours ago

Rising global commodity prices, led by crude, coal and metals, will shave a lot off the current account leading to higher imports and a rise in current account deficit, which is likely to print at 1.3 … Read Full Story ...

BI governor lowers CAD projection to 0-0.8 percent for 2021

4 hours ago

Governor Perry Warjiyo lowered his current account deficit (CAD) projection this year, from 0.6-1.4 percent to 0-0.8 percent of the gross … Read Full Story at source (may require registration)

USD/CAD: Loonie Extends Gains as Crude Oil Prices Rise on Supply Woes

5 hours ago

The Canadian dollar strengthened against its U.S. counterpart, hovering near three-month highs on Tuesday as crude oil prices inched closer to $85 a barrel level on tight supply and higher demand. Read Full Story at source (may require registration)

Following refocus and rebrand, Lydia AI secures $10 million CAD to make health insurance more inclusive

6 hours ago

Insurtech startup Lydia AI has raised $10 million CAD to launch the first series of insurance products using its health score technology in Taiwan, as it targets the Asia-Pacific insurance market. Read Full Story at source (may require registration)

Rising commodity prices to push CAD to 1.3% or $40 bn this fiscal: Report

7 hours ago

Given the sharp increase in global commodity prices, particularly oil, concerns about current account deficit (CAD) and its serviceability have resurfaced … Read Full Story at source (may require registration)

Rising commodity prices to push CAD to 1.3% or $40 billion this fiscal, report says

7 hours ago

Capital account surplus is expected to rise despite moderating foreign inflows and a steady FDI on account of other sub-components faring better in FY22 than in FY21, it adds. Read Full Story at source (may require registration)

USD/CAD Price Analysis: Refreshes multi-month lows, challenges descending channel support

9 hours ago

A combination of factors prompted fresh selling around USD/CAD on Tuesday. The downfall has now dragged the pair to descending trend-channel support. Slightly oversold conditions warrant caution … Read Full Story at source (may require registration)