Tyab Wealth Management

03/21/2025

In reality, Carney wants to eliminate pipelines, liquified natural gas terminals and other hydrocarbon infrastructure.

06/01/2024

Premoney here is 1.87T.

The Government of the Kingdom of Saudi Arabia and Saudi Aramco have announced the launch of a secondary public offering of ordinary shares of Saudi Aramco commencing 2 June 2024.

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02/10/2024

Canada's merchandise trade balance has recorded its first monthly trade deficit since July. The country posted a $312 million trade deficit in December, Statistics Canada reported this week. This is due to a combination of the appreciation of the Canadian dollar and higher imports of pharmaceutical products from the U.S. For more market insights, contact us.

Source: https://www.bnnbloomberg.ca/strong-loonie-drug-imports-drive-canada-s-trade-deficit-1.2031985

02/03/2024

Thousands of Canadian small businesses risk bankruptcy after the government ended pandemic-era support in January. Of the 900,000 small businesses who took government support during the pandemic, a fifth have not yet repaid their loans, Finance Minister Chrystia Freeland said this week. For more market insights, contact us.

Source: https://www.reuters.com/world/americas/canada-braces-possible-wave-business-bankruptcies-2024-02-01/

01/26/2024

The Bank of Canada held its policy rate steady at 5% for a fourth consecutive meeting this week. The decision suggests the bank sees a rapidly slowing economy and believes its past rate increases are enough to beat inflation. For more market insights, contact us.

Source: https://www.bnnbloomberg.ca/bank-of-canada-holds-key-rate-at-5-signals-it-s-done-with-hikes-1.2025874

01/06/2024

A recent Oxford Economics report projects interest rates will come down in late 2024 as the country experiences a "modest recovery." However, the report also cautions that the recovery could fall below consensus projections and "worse than other advanced economies" due to high levels of household debt. For more market insights, contact us.

Source: https://www.bnnbloomberg.ca/debt-levels-mean-canada-s-recovery-could-lag-other-advanced-economies-report-1.2017586

12/29/2023

Despite economic uncertainty, airlines and travel experts seem confident when it comes to Canadians travelling by air in 2024. A recent report from the International Air Transport Association (IATA) projected an estimated 4.7 billion people globally will fly in 2024, which would exceed the previous record of 4.5 billion set in 2019. For more market insights, contact us.

Source: https://www.bnnbloomberg.ca/will-high-rates-bite-into-canadians-travel-appetite-in-2024-1.2016039

12/15/2023

Home prices across Canada are expected to climb next year, according to the 2024 Royal LePage Market Survey. Released this week, the report predicts that home prices will make incremental gains in the first half of the year. Those gains will be followed by larger price increases in the second half of the year, prompted by expected interest rate cuts from the Bank of Canada after their rate-hiking cycle. For more market insights, contact us.

Source: https://www.bnnbloomberg.ca/home-prices-will-return-to-pandemic-peak-by-end-of-2024-report-1.2011578

12/11/2023

U.S. employers increased their announced job cuts in November, led by the retail and technology sectors. The layoffs totalled 45,510, up 24% from 38,836 in October. Hiring plans also appeared to have weakened last month. For more market insights, contact us.

Source: https://www.reuters.com/markets/us/us-layoffs-jumped-november-led-by-retail-tech-report-shows-2023-12-07/

12/02/2023

The Canadian economy shrank in the 3rd quarter amid weak business and consumer spending. According to Statistics Canada's latest GDP report, the economy contracted 1.1% on an annualized basis. For more market insights, contact us.

Source: https://www.ctvnews.ca/business/canadian-economy-shrank-in-q3-but-manages-to-keep-its-head-above-recession-waters-1.6667066

11/27/2023

Morning Coffee – Monday, November 27, 2023 CanadianEquities USEquities MarketMovers CanaccordGenuity

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11/24/2023

Morning Coffee – Friday, November 24, 2023

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