Listen Live

MID-DAY: TSX continues to grow on oil push; Dow dips down on Wall Street

Bay Street is making up for losses in yesterday’s trade run.

The TSX is up 37 points to 16,075.

The boost is coming from the energy sector as Suncor pulls ahead on a rise in oil prices. The price of US crude is pushing to 56.62 a barrel. A recent report suggests OPEC may cut the glut by April, leaving room for a fresh round of oil production and pushing prices higher once again.

Across the border a dip for the Dow, which is down 39 points to 25,788. The move comes as China downgraded its economy expectation for the year.

The Loonie is falling further to 74.86 cents US.

Continue Reading

cfcp Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

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. 

Eby leaves door open to early election over North Coast transmission line bill

Premier David Eby isn’t ruling out an early election if his government’s bill to fast-track construction of the North Coast transmission line fails to pass. The post Eby leaves door open to early election over North Coast transmission line bill appeared first on AM 1150.

Volunteers sought for Courtenay River Cleanup Nov. 9

Ace Brewing and BC Marine Trails Network Association are teaming up for an event in early November to spruce up the Riverway Heritage Walk in Courtenay.

Proposed bill to repeal B.C. Indigenous rights legislation fails to move forward

A bill that aimed repeal the Declaration on the Rights of Indigenous Peoples Act (DRIPA) was voted down in the legislature. The post Proposed bill to repeal B.C. Indigenous rights legislation fails to move forward appeared first on AM 1150.
- Advertisement -