Wealth Growth Daily

Canada

Bank of Canada to gauge need for further hikes based on data -minutes

BY Reuters  • June 21, 2023June 21, 2023
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada agreed that the need for further rate hikes would be determined by fresh economic data after it lifted rates to a 22-year high[...]
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Business Canada Economy Updated

Tesla urges EPA to finalize tougher US heavy-duty emissions cuts

BY Reuters  • June 21, 2023June 21, 2023
By David Shepardson WASHINGTON (Reuters) -Tesla urged the Biden administration to finalize significantly stricter heavy-duty emissions limits than proposed in April, arguing larger vehicles were being[...]
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Business Canada Environment Updated US

Canada’s strong retail sales for April, May bolster chances for rate hike

BY Reuters  • June 21, 2023June 21, 2023
OTTAWA (Reuters) -Canadian retail sales grew much more than expected in April and will likely post another gain in May, data showed on Wednesday, bolstering the chances that the Bank of Canada will ra[...]
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Business Canada Economy Updated

Factbox – Graphite producers doing deals with automakers and battery groups

BY Reuters  • June 21, 2023June 21, 2023
LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite demand for electric vehicle (EV) batteries outpaces other uses. Below[...]
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Asia Australia Business Canada Economy Europe UK US

Dollar firms amid supportive U.S. data; Swedish crown, Aussie slide

BY Reuters  • June 20, 2023June 20, 2023
(Refiles to add dropped day in paragraph 1) By Saqib Iqbal Ahmed and Samuel Indyk NEW YORK (Reuters) -The U.S. dollar edged higher against the euro on Tuesday after data showed U.S. housing starts sur[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Canada retools inflation baskets, more focus on food, gas prices

BY Reuters  • June 20, 2023June 20, 2023
By David Ljunggren OTTAWA (Reuters) – Canada’s national statistics agency on Tuesday revealed new weights for the basket of goods and services in its Consumer Price Index, giving more prom[...]
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Business Canada Economy Updated

Embraer bags fresh Binter, American Airlines orders for E-Jets

BY Reuters  • June 20, 2023June 20, 2023
PARIS (Reuters) -Brazilian planemaker Embraer on Tuesday notched fresh orders from American Airlines, Spanish carrier Binter and lessor Avolon for its E-Jets in deals announced at the Paris Airshow th[...]
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Business Canada Europe Latin America Updated US

Newmont postpones Peru mine investment decision by two more years

BY Reuters  • June 20, 2023June 20, 2023
(Reuters) – Newmont said on Tuesday it would defer making an investment decision about its Yanacocha Sulfides expansion project in Peru by at least two years. Last year, the company deferred the[...]
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Asia Australia Business Canada US

US judge orders Enbridge to shut down portions of Wisconsin pipeline within 3 years

BY Reuters  • June 20, 2023June 20, 2023
By Clark Mindock (Reuters) – A U.S. judge has ordered Canadian energy company Enbridge to shutter portions of an oil pipeline that runs through tribal land in Wisconsin within three years and to[...]
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Business Canada Environment Updated US
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