CITV - Thursday, May 23, 2024 - 08:00 a.m. (ET) - Segment #10

ahead of when it was expected with the governing conservative party's support dwindling after 14 years in power. It is quarter after 8 and time for a check on the markets with angus watt. How are things looking, angus? >> Angus: they are looking good looking at the shares which are now up 9.3 percent. Up to $88 and that puts the shares at $1039. And if you have not seen the economic news and business news then you would know that there earnings came out and they were better than expected and they were up big time but the other thing to know is on june 7th they will have a 10 for one stock split. And this is good. In the other thing from our perspective is that the profit margins are 78 percent versus 70 5.5 percent. So the sales are increasing but the profit margins are increasing as well and that is good news for the company. Now as far as the market is going right now I would suggest that the markets are saying that cell on the good news. The dow jones is down. The nasdaq is up about 107 points. Toronto is down 15 points. Yesterday the message coming from the federal reserve and all of the speakers that they have been members of the board out there saying rates will be higher for a longer in the united states. So anyone thinking in many thinking that it could be a cut in june or july are now thinking september. But we think it will be after the us elections on november 5th. It's a very interesting from that aspect. The other thing to keep in mind is monday is memorial day so that the markets are closed as we were close the past monday. This monday coming is as a us markets will be closed for memorial day and that means you have a three day holiday and people don't like to be too vulnerable over at that long weekend and case news comes out and the world we are in news can come out any that can move the market place. So you may see the markets get a little bit quieter and move into a range that people are comfortable with and we see that with some commodities. Gold is down $33 and oil is up but it's still trading at 7809 and natural gas is $2.83. So, it's a big story of the day and if you're not in or in the industry than your shares are probably down a bit I have orange and blue balloons. >> Erin: let's focus on the orange and blue instead. Thank you, angus, we will check back with you in about 25 minutes. >> Reporter: I do like the orange jacket though. >> Erin: I wear it specifically on game days. We will talk to you in a bit. It is 8:18 A.M. and let's see, where are we here? Red deer. >> Daintre: looking at the qe2 and a red deer. Of course, this guideline does not look fantastic but an overcast sky. Beautiful here. This live camera courtesy of them looking at 97 avenue 105 street. We have a few vehicles in the westbound lane as they make their way up towards the legislature areas. For travellers along walt junior. And a shot of gateway boulevard as they roll up past 34 avenue. It's amazing to see how much construction has gone up in that stretch. 36 a avenue the drainage workloads from 100 sixths to 100 bit b street until the end of the month we have 167 street with bridge maintenance. This is down to a single lay between 73rd and 105th avenue until the end of june. And until the start of november we have at rainbow valley bridge works or splits through that area from the whitemud to 122nd up to 53rd avenue. That is your okay higher traffic and now it's time to check in

with ciara and sky tracker weather. >> Ciara: banff is warming up a little bit. Beautiful with the mountains there. Calgary 7 degrees. Fort mcmurray is 7 and here in edmonton still sitting at 6 degrees. Warming up in northern alberta. An hour ago they were out one. Same for grande prairie. We have 6 and lloydminster and three for banff as we just took a look at that. The wind forecast we are getting a nice break. The wind is usually a concern in the province and it is nice and light throughout the weekend this takes us into saturday and if anything this light blue shows gusts of 15 kilometres an hour. So lucky here. Temperatures on the lower end we see cooler air however at the long-range forecast into next week is looking good. Temperatures MID-20s so we can look forward to that. 8 for lloydminster with the rain sticking around. We could also see showers throughout the city continue even into tomorrow. Not a significant amount like how it rained all day yesterday but we could see some scattered showers. 13 for medicine hat. 11 for calgary, red deer and athabasca. 24 high level. Overnight temperatures dipped down below seasonal but not below the freezing point. That makes a huge difference. You could still see frost in certain areas but 3 degrees for edmonton, slave lake, cold lake amongst others. Tomorrow temperatures come up a little bit. Still below seasonal but except for northern alberta. 19 for grande prairie, 16 and jasper, still some areas seeing rainfall like the mountain parks. Into parts of southern alberta, 14 for calgary and 15 for red deer and we will finally start to see some pockets of sunshine. Stay with us. , we will be back after the break. It's my homecoming! We're a team! (Announcer says words on screen) If you want to be a partof the future.If you want to share in thewealth bei by conferenced like this, come to Inventures 2024. That's where the action is. The energy, the enthusiasm,the passion. You know what's nice about entrepreneurs? Is they like breaking rules. It's the clearance sale at rbp Furniture. Ashley 8 peice set only 1999. Tempurpedic mattress only 2199. Stearns and foster. Mattress only 1799. Come and compare. Be your own judge at rvp furniture in West Edmonton Mall. Gate 48. Ram Power Days are here.The power to choose fromthe most awarded truck brand over the last five years. Like Ram Classic.As versatile as it is capable. Ram 1500, voted bestlarge pickup in Canada. Or Ram Heavy Dutywith a no-charge Cummins. And you don't pay for 90 days. The power is yours.The time is now. Get 20% off msrp on Ram Classic for up to $14,200 in discounts. Plus get 4.99% financing. A wolf in the wild... and your dog both share a hunger for meat. That's why blue Wilderness is made with more of the meat your dog loves... Go wild with protein-rich blue Wilderness. A delicious McWrap can be hard to put down. But with new Creamy Avocado Ranch sauce, it's even harder. So what'll it be Sarah? Juicy text, or juicy bite? Obviously. For the McWrap fans. ( ) sure he'd be able to keep the house. We helped him pull ninety five percent of the value out of the home in order to buy out his ex. Come see me and my team and make sure that you're building the best foundation for your next steps. ( ) Surprise! I've got Summer Fridays Masks for everyone. On my day, my besties will be glowing mama. It's this Merit. Does lips, does cheeks, I've got it on both shiny and soft? I know, right? Did you cheat on me? (Gasp!) Girl, no. It's Amika and it's Clean at Sephora. Brands like Phlur have everything you want minus certain ingredients you might not. Summer Fridays, Merit, Amika, Phlur. Clean at Sephora, is only at Sephora. Closed captioningfor this Global programis brought to you in partby Encor b Switch to an even lowerelectricity rate! Sign up now atEncor.Epcor.com/LowDown

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