TORONTO, Dec 8 (Reuters) – Canada’s main stock index slumped
on Monday, at one point tracking its sharpest fall since 2011,
in a broad-based sell-off led by financial and resource shares.
With world oil prices showing no signs of slowing their
tumble to five-year lows, Canada’s large number of energy stocks
and miners were among the hardest hit. They were joined by
banks, part of the single largest constituent of the index.
TORONTO (Reuters) – A Canadian resident who officials have alleged is an “integral member” of a Pakistani militant group must remain in detention while awaiting a deportation hearing, an immigration review board said on Friday.
Lawyers representing Canada’s minister of public safety told the board that Muhammad Aqeeq Ansari, a Pakistani software designer and permanent resident of Canada, created and maintained a website for Ahle Sunnat Wal Jamaat (ASWJ), which they describe as a militant group engaged in acts of terrorism.
TORONTO, Dec 5 (Reuters) – Canada’s main stock index was
flat on Friday, rattled by lusterless bank earnings and
continued weakness in oil and gas shares, a day after its
biggest single-day drop in 18 months.
Shares in Bank of Nova Scotia lost 2 percent to
C$66.24 after Canada’s No. 3 lender reported a
weaker-than-expected quarterly profit on previously announced
charges related to soured bets in the Caribbean and Latin
TORONTO, Dec 2 (Reuters) – Canada’s main stock index closed
marginally lower on Tuesday, with gains in energy and railway
stocks offset by weakness from some major banks, gold miners and
Bank of Montreal shares fell 2.3 percent to C$81.42
after the country’s fourth-largest bank kicked off the
fourth-quarter reporting season for Canadian lenders with
weaker-than-expected profit, hurt by results at its capital
TORONTO, Nov 27 (Reuters) – Canada’s main stock index
declined on Thursday as oil prices plunged after the outcome of
an Organization of the Petroleum Exporting Countries meeting
disappointed investors, dragging down shares of energy
The OPEC meeting was the market’s focus as it came after
months of depressed oil prices, which have been weighed by
concerns about increasing supply and sluggish demand for the