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CANADA STOCKS-TSX rises as financials, Canada Goose climb

TORONTO, March 16 (Reuters) – Canada’s main stock index rose on Thursday, led by gains for financials as bond yields rose, while luxury parka maker Canada Goose Holdings Inc made its stock market debut, trading well above the price of its initial public offering.

 

The winter outerwear company’s shares traded at C$22.05 after it had set on Wednesday the price of its IPO at C$17 per share.Bond yields rebounded, lowering the value of insurance companies’ liabilities and increasing net interest margins of banks. Yields tumbled on Wednesday after the Federal Reserve raised interest rates but did not flag an accelerated pace of monetary tightening.The country’s major banks were among the most influential movers on the index, with Royal Bank of Canada gaining 1.1 percent to C$97.71, while the overall financials group gained 0.7 percent.Premium Brands Holdings Corp climbed nearly 4 percent to C$76.21 after reporting record fourth-quarter results and a 10.5 percent increase in its dividend.

 

At 11:13 a.m. ET (1513 GMT), the Toronto Stock Exchange’s S&P/TSX composite index rose 60.96 points, or 0.39 percent, to 15,581.87.The materials group, which includes miners and fertilizer companies, added 0.2 percent as base and precious metal prices rose.Gold futures rose 2.3 percent to $1,227.2 an ounce, and copper prices advanced 0.8 percent to $5,910 a tonne.Eight of the index’s 10 main groups were higher, with energy unchanged as oil prices edged lower. U.S. crude prices were down 0.14 percent at $48.79 a barrel.Oil prices jumped on Wednesday after a dip in U.S. crude inventories that suggested OPEC-led output cuts were starting to drain supplies.Foreign investment in Canadian securities dropped to its lowest level in more than a year in January, as non-residents bought bonds while selling stocks and money market paper, Statistics Canada said. (Reporting by Fergal Smith Editing by W Simon)

 



GOOSE EGGS


Culinary delights of goose eggs

Goose eggs have long been prized for egg decorating and now their culinary qualities are whetting the appetite. Around the country goose eggs are now readily available at farmers' markets, in farm shops and on the shelves of prominent retailers including Waitrose and Harrods.

For information on local or mail order supplies contact Eddie Hegarty at Norfolk Geese (01379 676391) www.norfolkgeese.co.uk who also supplies geese for egg production. Also visit our goose egg page for where to buy your goose eggs.

David and Helen Perowne have been selling goose eggs from their Great Snoring farm in north west Norfolk for several years, starting with just 10 geese and now more than 600. The eggs are sold locally under the label 'Norfolk free range goose eggs'and are also available in some supermarkets.

Goose eggs are a seasonal delight with the first traditionally on Valentine’s Day -- "Yes, we really did get our first eggs on February 14th this year," says Mrs Perowne. "The geese usually go on laying into August, and I expect we’ll get 30 or 40 from each during the season."

There has been controversy in the media over how long you need to boil a goose egg -- and perhaps how many mouths one egg will feed -- but there is no doubting their virtues in terms of taste and nutrition. Mrs Perowne recommends boiling them for 9 to 11 minutes. Her preference is to use them in Yorkshire puddings and omelettes and her family’s own favourite dish – egg fried rice. Helen can be contacted at 01328 820351.

goose eggs