A lot going on this Friday morning. BlackBerry stormed out of the gates with a big beat on profit and revenue, pushing its stock up almost 7 per cent in pre-market. We got some good news on the Canadian economy for a change, with GDP data beating expectations — and the hottest IPO this year gets underway when Lyft begins trading.
Meanwhile, documents reveal that the embattled SNC-Lavalin did have a Plan B to move the company out of Canada, and Windsor is reeling with news that the Fiat Chrysler auto factory is cutting 1,500 jobs.Inverted yield curves were all the talk this week. A traditional harbinger of recessions, Canada’s bond yield curve followed the U.S. to invert for the first time since 2007.
Source: News Formal (newsformal.com)
Well time for the conservatives to fix the mess
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5 things to know for Friday, March 29, 2019Up to 1,500 employees will be out of work this September after Fiat Chrysler Automobiles Canada eliminates a third shift at its assembly plant in Windsor, Ont. Here's what else you need to know to start your day.
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