An improving global economic recovery is boosting confidence and support for equity markets.
Yet inflationary pressures are starting to emerge that are stoking investor fears of an earlier-than-expected withdrawal of monetary policy support. So those two forces are offsetting each other and creating more tight trading conditions within the equity space, she said in an interview.
A sharp acceleration of inflation in May could fuel elevated uncertainty and volatility as investors would interpret that as potentially prompting the central bank to step in and rein in its accommodative policies. So that s the risk right now in the market and that s why I think you re seeing sort of this sideways trading.
Oilsands developers made a collective vow on Wednesday to achieve net-zero greenhouse gas (GHG) emissions by 2050, without sacrificing thermal production
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CALGARY Experts say a joint strategy by Canada s largest oilsands producers to reach net zero greenhouse gas emissions by 2050 will help speed up innovation and drive further investment into the industry.
The companies involved include Canadian Natural Resources Ltd., Cenovus Energy Inc., Imperial Oil Ltd, MEG Energy Corp., and Suncor Energy Inc.
A large part of their strategy includes building a carbon sequestration facility in Cold Lake, Alta. The group says the facility would be available for other industries to use as well, and could possibly connect to Edmonton for use by businesses there in the future.
TORONTO — Canada s main stock index rose for a 10th consecutive week to a record high as investors welcomed weak jobs numbers that reinforced the need for continued easy monetary policy."We re . . .