Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
“REITs are still 20% below year-end 2021 levels, reflecting the spike and subsequent volatility in interest rates. The good news is that those headwinds have rapidly diminished and are starting to become tailwinds. Today’s GoC bond yields of 3.2% for the 2-year , and 3.0% for the 10-year are down 180bps and 120bps, respectively, from their October 2023 peaks. Expectations for further BoC rate cuts and the commencement of U.S.
“Despite the copper price rising to an all-time nominal high in 2022 and then a new high in 2024, there has not been a major greenfield project sanctioned in the industry since well before COVID hit, and total production from small greenfield and brownfield projects that have been approved is significantly lower than the aggregate of projects in prior years.
Canada News Breaking News Video Canadian Breaking News Breaking News Globe And Mail Breaking News Globe And Mail Canada News Photos World News Local News National News Us News Foreign News Sports News Arts News Life News Lifestyle Canada Traffic Canada Weather Trudeau Government Federal Government Canada Sports Canada Sports News Politics Politics News Political News Political Opinion Environment Economy Technology Education Travel Canada Alberta Bc British Columbia Manitoba Ontario Quebec Nova Scotia Pei New Brunswick Newfoundland And Labrador Nunavut Northwest Territories Yukon Globe And Mail
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Seeing stability for Canadian REITs, a CIBC analyst previews earnings season and reveals top picksDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »
Japanese Canadian paper The New Canadian, pillar for community during war, saved from digital oblivionSimon Fraser University Library announced recently it would no longer host the archives on its servers from this fall, until more than 3,000 people signed an online petition calling for the archive to be saved
Read more »
Canadian National Railways and Canadian Pacific lock out Teamsters union workersThe Teamsters union said on Thursday that Canada's two largest rail companies had locked out their Canadian workers, an unprecedented rail stoppage that...
Read more »
Canadian Wildlife Photography winnersCanadian Geographic is honouring 16 photographers for their outstanding images of Canadian wildlife in 2024.
Read more »
A look at recent major railway strikes CanadaShipments at Canadian National Railway Co. and Canadian Pacific Kansas City Ltd.
Read more »
Rail screeches to a halt across Canada as lockout beginsContract dispute stops service at Canadian National Railway and Canadian Pacific Kansas City
Read more »