The Toronto stock market was likely in for a negative session Thursday with gold stocks vulnerable to further pressure as bullion prices fall sharply and traders digest a variety of earnings reports from corporate Canada.
A survey by the Bank of Montreal says consumers plan on reining in their holiday spending, with the average Canadian recently polled expected to spend about 15-hundred dollars. That's down from about 18-hundred dollars in 2013.
TransCanada Corp. says its regulatory application for the proposed Energy East pipeline is a massive document with 30,000 pages that provide a comprehensive analysis of the project's impact on the economy and environment.
WhatsApp founders Jan Koum and Brian Acton received 116 million shares of Facebook stock currently worth nearly $9 billion when they sold their mobile messaging service to the social networking leader earlier this month.
Angry protesters stopped crews from conducting pipeline survey work on Burnaby Mountain Wednesday, forcing the company to reassess how it will finish work needed for a National Energy Board decision.