Listen Live

MID-DAY: TSX weighted by slumping crude prices; Investors hopeful for renewed talks between US and China

It’s an average start to the trading week for the TSX.
The Bay Street Index is up 35 points to 16,359 as a drop in commodity prices is putting weight on the market.

The price of crude has dropped globally as investors fret over a slip in demand. The price of US crude is down to 65.19 a barrel.

On Wall Street, the Dow is growing 90 points to 25,759 on hopes for a resolution to the ongoing trade war between China and the US. An envoy from Beijing arrives in Washington tomorrow for a two-day conference.

The Loonie is flat at 76.55 cents US.

Continue Reading

cfcp Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

New transit exchange designs are being proposed to Courtenay council and if passed could be implemented next year.

Clocks “fall back” an hour this weekend as daylight time ends

Clocks are set to “fall back” across much of Canada this weekend, as daylight time ends at 2 a.m. on Sunday, Nov. 2. The post Clocks “fall back” an hour this weekend as daylight time ends appeared first on AM 1150.

Province issues warning after several dead rabbits in Cedar with suspected rabbit hemorrhagic disease

Mid-Vancouver Island rabbit owners are being warned after several wild rabbits were found dead in Cedar with suspected rabbit hemorrhagic disease. Testing is underway to confirm the cause. 

B.C. Conservatives propose higher tax caps to offset municipal losses from pipeline assessment

Proposed legislation from the B.C. Conservatives would raise taxation rate caps for municipalities, which are bracing for a potentially major financial hit from upcoming assessment changes. The post B.C. Conservatives propose higher tax caps to offset municipal losses from pipeline assessment appeared first on AM 1150.

Comox Valley set to showcase Halloween spirit Friday night

The Comox Valley region is gearing up for a spooky Friday, with multiple events planned across the area. 
- Advertisement -