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Market summary

May 24 - Markets closed

World markets

Shanghai 2,288.53 +12.87 (0.57%)
Nikkei 225 14,612.45 +128.47 (0.89%)
Hang Seng Index 22,618.67 -51.01 (-0.23%)
TSEC 8,209.78 -28.05 (-0.34%)
FTSE 100 6,654.34 -42.45 (-0.63%)
EURO STOXX 50 2,764.29 -12.49 (-0.45%)
CAC 40 3,956.79 -10.36 (-0.26%)
S&P/ASX 200 4,983.50 -78.90 (-1.56%)
BSE Sensex 19,704.33 +30.00 (0.15%)
KOSPI 1,973.45 +4.26 (0.22%)

Currencies

CAD/USD 0.9730 +0.0026 (0.27%)
CAD/EUR 0.7537 +0.0033 (0.44%)
CAD/JPY 99.5913 +0.7267 (0.74%)
CAD/GBP 0.6414 -0.0011 (-0.16%)
CAD/HKD 7.5516 +0.0184 (0.24%)
CAD/AUD 0.9924 -0.0041 (-0.41%)
After backlash, RBC pledges to not send work offshore just to cut costs
TORONTO -- The Royal Bank of Canada, which faced a fierce backlash earlier this year over an outsourcing arrangement involving the use of temporary foreign workers, said Friday it won't send work offshore just to save on salaries.
Royal Bank pledges not to outsource jobs for cash savings  
Royal Bank unveils supplier code of conduct after outsourcing backlash  
Market Chart
12,667.22 +9.13 (0.07%)
948.32 +6.27 (0.67%)
15,303.10 +8.60 (0.06%)
1,649.60 -0.91 (-0.06%)

Top stories

The federal government is threatening "retaliatory measures" against the United States in a dispute over meat-labelling rules that Ottawa and the World Trade Organization consider discriminatory.
Toronto-Dominion Bank (TD)'s first share buyback in more than six years adds to a 10-year high in Canadian capital repurchases as companies try to soften the blow of underperforming stock prices.
The Diaguita Indians live in the foothills of the Andes, just downstream from the world's highest gold mine, where for as long as anyone can remember they've drunk straight from the glacier-fed river that irrigates their orchards and vineyards with its clear water ...
Bausch & Lomb Inc. is nearing a deal to sell itself to drug maker Valeant Pharmaceuticals International Inc. for about $9 billion, according to people familiar with the matter�a surprise move that highlights a resurgence in private-equity deal making after years ...
Canada ranks third last among economically advanced countries in the amount of paid vacation time it guarantees its workers, a new U.S.

Trends

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RCI.B Rogers Communications Inc. -0.89% 24.66B

Bank of Canada daily digest

Money markets Change
Overnight rate 1.00% +0.0009
Corporate paper, 1 month 1.12% 0.00
Treasury bill, 1 month 0.950% 0.00
Inflation
Total consumer price index 0.400% -0.6000
Interest rates
10 year bond 2.39% +0.0100
Prime business rate 3.00% 0.00
Conventional mortgage, 5 yrs 5.14% 0.00