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Canada Adds 75,000 Jobs as Unemployment Falls to 6.4%

Canada’s labour market showed signs of continued improvement in July, with the economy adding 75,000 jobs and the unemployment rate falling to 6.4%, its lowest level in two years. According to Statistics Canada’s latest Labour Force Survey, employment gains were broadly distributed
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Canada Stocks Rise as Jobs Data Boosts Market Sentiment

Canada’s main stock index gained nearly 250 points on Friday as investors assessed stronger-than-expected employment data and its potential impact on future Bank of Canada policy decisions. The Canadian labour market showed signs of recovery in July, with Statistics Canada reporting that
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SpaceX shares rise after lockup expiry

SpaceX shares gained on Thursday as the number of publicly tradable shares more than doubled following the expiration of the company’s first lockup restrictions. The stock rose 1.4% to $109.86 in heavy trading, with more than $23 billion worth of shares exchanged
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Oil prices rise as Hormuz tensions continue

Crude oil prices moved higher on Thursday after Iranian state media published a draft proposal outlining restrictive conditions for ship traffic through the Strait of Hormuz. Brent crude, the international benchmark, gained 3.8% to close at $82.49 per barrel. U.S. West Texas
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Wall Street Ends Mixed Near Record Levels

Markets pause after strong start to August Wall Street ended Wednesday with a mixed performance, remaining close to record highs as oil prices stabilized and investors assessed corporate earnings, artificial intelligence spending and inflation concerns. The cautious trading followed two strong sessions
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Canada-U.S. Trade Falls by $1.9 Billion

Bilateral trade declines despite strong exchanges in key sectors The value of trade between Canada and the United States declined by nearly $2 billion between the first quarter of 2024 and the first three months of 2026, according to data from Global
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Canada manufacturing hits four-year growth high

Factory activity accelerates in July, but global demand concerns remain Canada’s manufacturing sector expanded in July at its fastest pace in more than four years, supported by stronger domestic activity, higher production and increased new orders. However, weaker international demand and ongoing
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Micron Shares Slip as Citi Removes Catalyst Watch

Analysts remain bullish despite mixed memory chip results Micron Technology shares declined 2% in premarket trading on Monday after Citi removed its catalyst watch on the stock, citing mixed results from other companies in the memory semiconductor sector. The brokerage firm removed
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