History Shows US elections Cause Drop in Canadian Stocks

History Shows US elections Cause Drop in Canadian StocksAny slump in Canadian stocks in the wake of the U.S. presidential election will be fleeting, history suggests. And while this isn’t any normal election, market strategists say the brighter outlook for energy outweighs rising qualms about the outcome. Canadian stocks tend to sell off on a change in the White House, regardless of the winner, with the S&P/TSX Composite Index tumbling in the aftermath of eight of the past…

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WikiLeaks Cable Notes Harper’s Senate ‘About-Face’

WikiLeaks Cable Notes Harper's Senate 'About-Face'WikiLeaks released hundreds of U.S. documents on Thursday, including those with comments about the Harper government’s “about-face” on Senate appointments, remarks on the Liberals’ “muted” response to the prorogation crisis and criticism of Canada’s failure to enact copyright reform. A leaked cable from December 2008 suggests that U.S. Embassy officials in Ottawa saw Stephen Harper’s appointment of senators as “a major about-face for a PM and a party that long…

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