North American stock markets up in late-morning trading, loonie edges lower

North American stock markets up in late-morning trading, loonie edges lower
TORONTO — The industrial, telecommunication and utility sectors helped lift Canada’s main stock index in late-morning trading, while U.S. stock markets also climbed higher. The S&P/TSX composite index was up 131.03 points at 16,491.17. In New York, the Dow Jones industrial average was up 140.39 points at 28,133.72. The S&P 500 index was up 29.61 points at 3,413.15, while the... Read More

CREA reports Canadian home sales climb again, set record for August

CREA reports Canadian home sales climb again, set record for August
Canada posted record home sales and prices in August, but the increase was uneven, as the housing market levelled off in some regions. Home sales in August climbed 6.2 per cent compared with July to hit a record for the month, with gains led by the Greater Toronto Area and B.C.’s Lower Mainland, the Canadian Real Estate Association said on... Read More