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Cautious Trading as Investors Await Key Data

  Markets opened cautiously this morning as investors weighed mixed earnings, shifting rate expectations, and another volatile session in commodities. TSX The TSX opened slightly higher, supported by financials and energy, though gains remain modest as traders await fresh economic data later this week. S&P 500 U.S. markets are mixed, with the S&P 500 drifting lower as tech stocks continue to face pressure from rising bond yields and softer forward guidance from several large-cap names. Oil Oil is steady after yesterday’s pullback, with traders watching Middle East supply signals and U.S. inventory data expected tomorrow. Canadian Dollar The CAD is trading slightly weaker against the USD, reflecting cautious sentiment ahead of the Bank of Canada’s next rate communication. What’s Moving Winners: Energy names, select Canadian banks, gold miners Losers: Tech, consumer discretionary, rate‑sensitive sectors
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Canada Post Strike Enters Day 29: No End in Sight as Negotiations Stall


As the Canada Post strike reaches its 29th day, tensions remain high with no apparent resolution in sight. The Canadian Union of Postal Workers (CUPW) and Canada Post continue to be at odds over key issues such as wages, job security, and staffing for proposed weekend deliveries. 

Despite ongoing criticisms from both sides, federal mediation remains paused since late November, and there are no immediate plans to restart it. The federal labour minister has also resisted calls for government intervention, insisting that the two parties must reach an agreement independently.

This week, however, saw a small victory for the union as a mediated settlement was reached regarding a complaint over temporary layoffs during the strike. Canada Post has agreed to notify affected employees that they are not on a temporary layoff.

With Christmas fast approaching, the pressure is mounting on both sides to find a resolution soon. The strike, which involves over 55,000 workers, has already caused significant disruptions, and the public is growing increasingly concerned about the impact on holiday deliveries.

As negotiations continue, the hope is that both parties can come to an agreement that addresses their concerns and allows postal services to resume normal operations. Until then, Canadians are left waiting and hoping for a swift resolution.




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