National Newswatch

Energy drags on Toronto market after volatile day, U.S. dips into red

Feb 7 2018 — David Hodges, The Canadian Press — TORONTO — North American stock indexes finished the day with minor losses Wednesday, after another seesawing, high-volume trading amid easing volatility and slumping oil prices. The Toronto Stock Exchange's S&P/TSX composite index was down 33.35 points, or 0.22 per cent, to 15,330.58 — about the same amount it rose at the opening of markets — with the influential energy and materials sectors leading decliners. […]

Panicking about your investments? Remember, context counts, experts say

Feb 6 2018 — David Hodges, The Canadian Press — TORONTO — When it comes to understanding — and reacting to — the type of steep stock market movements seen in recent days, context is everything. That's the key lesson experts say anxious investors should heed in the wake of Monday's unsettling losses, when the Dow Jones industrial average free-fell to close down nearly 1,200 points, or 4.6 per cent, and downward pressure […]

Dow Jones down over 1,100 points as global equity slump continues

Feb 5 2018 — David Hodges, The Canadian Press — TORONTO — North American stock indexes extended last week's slump, as the Dow Jones industrial average plunged nearly 1,600 points during Monday's trading session — bringing an end to a period of record-setting calm in the market. In New York, the Dow finished the day down 1,175.21 points to 24,345.75, or 4.6 per cent, erasing its gains for the year. […]

AI’s challenge to businesses: patenting machine-created intellectual property

Feb 4 2018 — David Hodges, The Canadian Press — TORONTO — At a time when artificially intelligent music generator Aiva can be officially recognized as a composer by a society of professional French artists, the question of who owns the copyright to machine-generated works is as complex and complicated as understanding the algorithm behind it. Is it the German operators that created the AI in 2016, or is it the deep learning machine itself? […]

Toronto stock index down moderately amid oil price rally, U.S. markets flat

Feb 1 2018 — David Hodges, The Canadian Press — TORONTO — Canada's main stock index fell moderately in a largely broad-based decline on Thursday despite a strong rally in oil prices, as U.S. markets saw little movement. The Toronto Stock Exchange's S&P/TSX composite index was down 90.75 points to 15,860.92 — with modest gains from the energy and base metals sectors among the few bright spots. Among sectors with the […]

TSX nose-dives on oil and gold prices, Wall St. backs off recent record gains

Jan 29 2018 — David Hodges, The Canadian Press — TORONTO — Canada's main stock index fell sharply in a broad-based decline Monday, led by a slide in oil and gold prices, as U.S. stocks backed away from recent record highs. The Toronto Stock Exchange's S&P/TSX composite index fell 144.50 points to 16,094.72, with the energy, gold and materials sectors among major decliners. "We're clearly seeming some selling today […]

Canadian dollar continues to rise as Toronto stock index slides lower

Jan 25 2018 — David Hodges, The Canadian Press — TORONTO — The loonie continued to strengthen against a weakened greenback Thursday, as the Toronto stock index fell moderately amid slumping oil prices. The Canadian dollar closed at an average trading value of 81.15 cents US, up 0.12 of a U.S. cent. The U.S. currency has fallen to three-year lows and fell sharply on Wednesday following comments by Treasury Secretary Steven Mnuchin, who said […]

Loonie surges 3/4 of a cent against greenback, TSX down despite oil price rally

Jan 24 2018 — David Hodges, The Canadian Press — TORONTO — The loonie jumped nearly three-quarters of a cent Wednesday, punching above the 81-cent mark, following comments by the U.S. Treasury Secretary that a weaker greenback is good because it helps American exporters. The Canadian dollar closed at an average trading price of 81.03 cents US, up 0.73 of a U.S. cent — its highest value since Sept. 25. Speaking this morning at the World […]

Tim Hortons protests to expand beyond Ontario, 50 rallies planned across Canada

Jan 19 2018 — David Hodges, The Canadian Press — TORONTO — Protesters angered by some Ontario Tim Hortons franchisees who slashed workers' benefits and breaks after the province raised its minimum wage plan to spread their rallies to other areas of the country. About 50 demonstrations are planned in cities across the country on Friday, although at least 38 will be based in Ontario, including 18 planned in Toronto. As […]

Tim Hortons protests to expand beyond Ontario, 50 rallies planned across Canada

Jan 19 2018 — David Hodges, The Canadian Press — TORONTO — Protesters angered by some Ontario Tim Hortons franchisees who slashed workers' benefits and breaks after the province raised its minimum wage plan to spread their rallies to other areas of the country. About 50 demonstrations are planned in cities across the country on Friday, although at least 38 will be based in Ontario, including 18 planned in Toronto. As […]