TSX Unable To Sustain Direction, French Vote Looms -- Canadian Commentary


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(RTTNews.com) - Markets are on edge Friday morning ahead of a crucial election in France that is seen as a referendum on the European Union.

France, one of the main engines of the EU, is poised to make nationalist stalwart Marine Le Pen a finalist for the presidency.

Closer to home, Ontario has unveiled 16 new housing measures, including a 15% non-resident speculation tax in hopes of preventing a destructive bubble in metro Toronto.

WTI light sweet crude oil was down 7 cents at $50.28 a barrel.

In corporate news, Valeant Pharmaceuticals International, Inc. (VRX, VRX.TO) has priced its psoriasis injection at $3,500 per month.

SNC-Lavalin Group (SNC.TO) is buying WS Atkins plc (ATK.L) for C$3.6 billion.

A labradoodle named Cooper was put on a WestJet (WJA.TO) plane to Hamilton instead of Newfoundland by mistake.

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This article appears in: Stocks , World Markets , Politics
Referenced Symbols: VRX


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