Stock market today: S&P/TSX composite down in late-morning trading, U.S. stock markets mixed
TORONTO -
Canada's main stock index was lower in late-morning trading, weighed down by losses in the technology sector, while U.S. stock markets were mixed.
The S&P/TSX composite index was down 21.42 points at 20,034.18.
In New York, the Dow Jones industrial average was up 14.58 points at 33,587.86. The S&P 500 index was down 6.23 points at 4,277.62, while the Nasdaq composite was down 59.51 points at 13,216.91.
The Canadian dollar traded for 74.89 cents US compared with 74.52 cents US on Tuesday.
The July crude contract was up 74 cents at US$72.48 per barrel and the July natural gas contract was up three cents at U$2.29 per mmBTU (million British thermal units).
The August gold contract was down US$9.20 at US$1,972.30 an ounce and the July copper contract was down less than a penny at US$3.77 a pound.
This report by The Canadian Press was first published June 7, 2023.
YOUR FINANCES
Statistics Canada says household debt ratio down in Q2 as income grew
Statistics Canada says the amount Canadians owe relative to how much they earn fell in the second quarter as disposable income comfortably outpaced the growth in debt and demand for mortgages fell.
How electric vehicle insurance compares to gasoline-powered vehicles
As Canada ushers in the era of electric vehicles, here's what costs and factors you should consider before making the switch.
OPINION
OPINION 6 ways to prepare your finances for a potential recession
Despite Canada's economic resilience in the face of rising interest rates, it's still important to be prepared in case a recession hits. In a column for CTVNews.ca, personal finance contributor Christopher Liew shares some practical tips and actionable advice to better weather any economic storm.
Back-to-school: Parents offer tips on how they save during annual shopping spree
A new survey found 46 per cent of Canadians are more worried about their finances during this back-to-school season than in previous years.
opinion
opinion Canada can dodge a recession, but it could still happen; here's why
In his column for CTVNews.ca, personal finance contributor Christopher Liew outlines how Canada might avoid a recession, as well as some risks that could contribute to one.
Budgeting important part of RESP spending plan as students head to school
Parents across the country are getting ready to tap into registered education savings plans to help pay for their children's post-secondary schooling this fall.
Turning to dollar stores for groceries? Here's what a dietician recommends
As Canadians continue to feel the financial toll of inflation while grocery shopping, one registered dietitian offers practical tips for cutting costs at dollar stores, without compromising nutrition.
OPINION
OPINION Financial tips for newcomers to Canada, from an expert
For those who have recently immigrated to Canada, it's important to learn the basics of how the country's financial system works. Personal finance contributor Christopher Liew shares some financial tips around how to open a bank account, build your credit and file your taxes as a newcomer.
CTVNews.ca Top Stories
House Speaker Anthony Rota apologizes after inviting man who fought for Nazis to Parliament
Several Jewish advocacy organizations condemned members of Parliament on Sunday for giving a standing ovation to a man who fought for a Nazi unit during the Second World War.
Toronto woman hospitalized with botulism
A Toronto woman has been hospitalized in France with a severe case of botulism after eating improperly preserved sardines at a Bordeaux wine bar.
Man hospitalized in life-threatening condition after incident at Calgary pub holding eating contest
Calgary paramedics took a man to hospital in life-threatening condition on Saturday after an incident at the Ship and Anchor pub.
A year after Fiona, a traumatized Newfoundland town backs away from the sea
One year after a wave driven by post-tropical storm Fiona slammed into the back of her house and twisted it like a corkscrew, some residents of Port aux Basques, N.L., are backing away from the sea.
It’s here! Rare asteroid sample lands on Earth after OSIRIS-REx drops cargo
Seven years after OSIRIS-REx was sent into space to retrieve a sample of an asteroid, the NASA-led spacecraft has delivered its cargo into Earth’s orbit, and Canada is set to receive a piece.
Canadian autoworkers ratify deal with Ford Motor Company
Five days after reaching a tentative deal, Unifor members voted this weekend and have narrowly ratified a new three-year collective agreement with the Ford Motor Company.
Key to mending broken labour relations is fixing inflation, RBC economists say
High inflation is driving workers to take labour action and press for wage increases, according to a new report by Canada's largest bank that says more turbulence could be on the way for Canadian labour relations
'Milestone' OLG lottery jackpot to be drawn this week
A lucky lottery player will be the winner of a record-breaking multi-million dollar prize on Wednesday.
U.S. woman arrested after 55 dogs removed from animal rescue home, 5 dead puppies found in freezer
A Chandler woman who ran an animal rescue out of her now-condemned home has been arrested after dozens of abused dogs were discovered and five dead puppies found in a freezer, according to police.
Canada
-
A year after Fiona, a traumatized Newfoundland town backs away from the sea
One year after a wave driven by post-tropical storm Fiona slammed into the back of her house and twisted it like a corkscrew, some residents of Port aux Basques, N.L., are backing away from the sea.
-
Memorial service honours fallen police officers days after RCMP officer slain in B.C.
Police officers from across the country gathered in Ottawa Sunday for a somber occasion. The last Sunday in September is the National Police and Peace Officers' Memorial Day, where those who died in the line of duty in the past year are remembered.
-
House Speaker Anthony Rota apologizes after inviting man who fought for Nazis to Parliament
Several Jewish advocacy organizations condemned members of Parliament on Sunday for giving a standing ovation to a man who fought for a Nazi unit during the Second World War.
-
First Nations in northern Ont. seek over $100B to honour treaty promise
A legal battle playing out in a northern Ontario courtroom this month has seen an alliance of First Nations argue they are owed upwards of $100 billion for the Crown's failure to honour a 173-year-old treaty promise, while the federal and provincial governments claim they are either owed far less, or nothing at all.
-
Man hospitalized in life-threatening condition after incident at Calgary pub holding eating contest
Calgary paramedics took a man to hospital in life-threatening condition on Saturday after an incident at the Ship and Anchor pub.
-
Passengers stuck upside down on Canada’s Wonderland ride
Passengers on a ride at Canada’s Wonderland were stuck upside down for almost 30 minutes on Saturday night.
World
-
First refugees from Nagorno-Karabakh arrive in Armenia following Azerbaijan's military offensive
The first refugees from Nagorno-Karabakh have arrived in Armenia, local officials reported Sunday, and more were expected to come after a 10-month blockade and a lightning military offensive this month that resulted in Azerbaijan reclaiming full control of the breakaway region.
-
All students injured in New York bus crash are expected to recover, superintendent says
All the high school students who were injured in an upstate New York charter bus crash on the way to a band camp are expected to recover, according to their school superintendent.
-
President Macron says France will end its military presence in Niger and pull ambassador after coup
President Emmanuel Macron announced Sunday that France will end its military presence in Niger and pull its ambassador out of the country after its democratically elected president was deposed in a coup.
-
Migrants hoping to reach U.S. continue north through Mexico by train amid historic migration levels
Thousands of other migrants were stranded in other parts of the country last week after Mexico's biggest railroad said it halted 60 freight trains. The company, Ferromex, said so many migrants hoping to get to the U.S. were hitching rides on the trains that it became unsafe to move the trains.
-
U.S. woman arrested after 55 dogs removed from animal rescue home, 5 dead puppies found in freezer
A Chandler woman who ran an animal rescue out of her now-condemned home has been arrested after dozens of abused dogs were discovered and five dead puppies found in a freezer, according to police.
-
Kosovar police surround a village after gunmen storm a monastery in violence that has killed 4
At least 30 gunmen killed a Kosovar Albanian police officer then stormed an Orthodox monastery in Kosovo near its border with Serbia, setting off gunbattles that left three assailants dead and raised tensions between the two former wartime foes as they seek to normalize ties.
Politics
-
Sikh groups ask Canadian political parties to present 'united front' against India
Two groups in the Canadian Sikh diaspora are calling for Canada's political parties to "present a united front" on India after Prime Minister Justin Trudeau announced a "potential link" between the shooting death of a local leader and the Indian government.
-
EXCLUSIVE
EXCLUSIVE 'Shared intelligence' from Five Eyes informed Trudeau's India allegation: U.S. ambassador
There was 'shared intelligence among Five Eyes partners' that informed Prime Minister Justin Trudeau's public allegation of a potential link between the government of India and the murder of a Canadian citizen, United States Ambassador to Canada David Cohen confirmed to CTV News.
-
Canada's international student program faced with 'integrity challenges,' senators say in push for reform
A group of Canadian senators is proposing a series of reforms to the country's international student program that include ways of protecting newcomers from fraud and abuse, as well as greater regulations and penalties for recruiters and educational institutions.
Health
-
Toronto woman hospitalized with botulism
A Toronto woman has been hospitalized in France with a severe case of botulism after eating improperly preserved sardines at a Bordeaux wine bar.
-
Biden has gotten the updated COVID-19 vaccine and the annual flu shot, the White House says
U.S. President Joe Biden has gotten the updated COVID-19 vaccine and annual flu shot, the White House said Saturday.
-
5M Canadians experienced a mental health disorder in 2022: StatCan
More than five million Canadians experienced some form of mental health disorder in 2022, a new Statistics Canada study has revealed.
Sci-Tech
-
It’s here! Rare asteroid sample lands on Earth after OSIRIS-REx drops cargo
Seven years after OSIRIS-REx was sent into space to retrieve a sample of an asteroid, the NASA-led spacecraft has delivered its cargo into Earth’s orbit, and Canada is set to receive a piece.
-
Archeologists unearth the largest cemetery ever discovered in Gaza and find rare lead sarcophogi
Palestinian workers in the Gaza Strip have found dozens of ancient graves, including two sarcophagi made of lead, in a Roman-era cemetery -- a site dating back some 2,000 years that archeologists describe as the largest cemetery discovered in Gaza.
-
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Wildfires fuelled by climate change have ravaged communities from Maui to the Mediterranean this summer, killing many people, exhausting firefighters and fuelling demand for new solutions. Enter artificial intelligence.
Entertainment
-
Taylor Swift turns out to see Travis Kelce, Kansas City Chiefs play Chicago Bears
Travis Kelce put the ball in Taylor Swift's court, and she wound up bringing it to Arrowhead Stadium after all. Call it what you want. It's out of the woods now.
-
Usher to headline the 2024 Super Bowl halftime show in Las Vegas
Usher has a new confession: The Grammy winner will headline the Apple Music Super Bowl Halftime Show in Las Vegas.
-
'Spirit of MuchMusic' still alive at doc premiere with former VJs in attendance
While the party died years ago at MuchMusic's broadcast centre on the corner of Queen and John streets in Toronto, the screening of a new documentary on Friday proved nostalgia for the nation's music station is still very much alive.
