Commodities

Canadian prosperity lies increasingly in its own backyard

After the Brexit shocker of last week, the North American Leaders' Summit with Prime Minister Justin Trudeau, U.S. President Barack Obama and Mexican President Enrique Pena Nieto comes at a time when the United States and Mexico are more important than ever for Canada's future prosperity.   Thursday, June 30, 2016

Report suggests strong future for metals

Metal prices are at the start of a long upswing and investors can profit by loading up on miners, according to a sweeping new analysis by research firm Sanford C.   Wednesday, June 29, 2016

STOCKS THAT SHOULD BE ON YOUR RADAR SCREEN

Magna International (MGA-NYSE) Close: $33.780 (U.S.), up 11centsThe fallout from Brexit is likely to add further to the weaknesses seen in the auto-parts sector, according to BMO Nesbitt Burns analyst Peter Sklar, who downgraded Magna International Inc. to ''market perform'' from ''outperform'' Target: He lowered his target to $36 (U.S.) from $50. The analyst consensus is $53.83.   Wednesday, June 29, 2016

STOCKS THAT SHOULD BE ON YOUR RADAR SCREEN

Penn West Petroleum (PWT-TSX) Close: $1.72, down 4centsPenn West Petroleum Ltd. is the ''comeback kid,'' according to RBC Dominion Securities analyst Greg Pardy. In reaction to the $975-million sale of its Viking Dodsland property in Saskatchewan to privately held Teine Energy Ltd. and a realigned strategy, Mr. Pardy upgraded his rating to ''sector perform'' from ''underperform.''   Tuesday, June 28, 2016