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Vatican embezzlement trial: Cardinal Angelo Becciu among 10 charged - BBC News Jul 3rd
Vatican embezzlement trial: Cardinal Angelo Becciu among 10 charged BBC NewsVatican indicts 10 people in London real estate deal CTV NewsVatican judge indicts 10, including a cardinal, for alleged financial crimes Toronto SunVatican indicts 10 people, including a onc.... More »
TFSA contribution room calculator Jul 2nd
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
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Tax-free savings account is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like&nb.... More »
High interest rates and unemployment: Expectations for June’s rate announcement + MORE May 10th
The odds of a June interest rate cut from the Bank of Canada (BoC) appear to have fallen after the latest jobs report from Statistics Canada showed employment jumped by 90,000 last month. The jobs gain far surpassed forecasters’ expectations and marked the largest employment increase in more than .... More »
DRAFT Canada’s best dividends 2022: How we chose the winners + MORE Feb 16th
Overview
Top 100 Dividend Stocks
Past Performance
Methodology
Our evaluation encompassed all of the dividend-paying st.... More »
BoC holds interest rate as it points to growth, risks + MORE Apr 12th
OTTAWA —The Bank of Canada held its trendsetting interest rate unchanged on Wednesday, despite a recent run of stronger-than-expected data, saying it believes the economy has yet
to show it can stick to the higher growth trajectory.
In holding the rate at 0.5 per cent, the central bank said it a.... More »
Spain: Strike keeps El Mundo newspaper off streets
– canadianbusiness.com
MADRID – Spain’s second-largest newspaper, El Mundo, has not appeared in news kiosks owing to a strike over planned layoffs. It is the first time the newspaper’s publication has been hit by a stoppage since its foundation in 1989.
The newspaper, which has daily sales of some 120,000, was not in media outlets Wednesday due to the 24-hour strike begun Tuesday over proposals to lay off 224 employees at the Unidad Editorial parent group. The paper continued to publish online.
The Madrid Press Association said the layoffs included 91 at El Mundo.
The group also publishes sports tabloid Marca — Spain’s largest-circulation daily publication — and financial daily Expansion but both these papers were on sale at kiosks and available online.
The post Spain: Strike keeps El Mundo newspaper off streets appeared first on Canadian Business – Your Source For Business News.
The newspaper, which has daily sales of some 120,000, was not in media outlets Wednesday due to the 24-hour strike begun Tuesday over proposals to lay off 224 employees at the Unidad Editorial parent group. The paper continued to publish online.
The Madrid Press Association said the layoffs included 91 at El Mundo.
The group also publishes sports tabloid Marca — Spain’s largest-circulation daily publication — and financial daily Expansion but both these papers were on sale at kiosks and available online.
The post Spain: Strike keeps El Mundo newspaper off streets appeared first on Canadian Business – Your Source For Business News.
Royal Dutch Shell first quarter earnings down 58 per cent
– canadianbusiness.com
LONDON – Oil company Royal Dutch Shell said first-quarter earnings plunged 58 per cent as depressed crude prices create “hugely challenging times” for the energy industry.
The Anglo-Dutch company said Wednesday that profit adjusted for changes in the value of inventories and excluding one-time items dropped to $1.55 billion from $3.74 billion in the same period of 2015.
The results came after Shell completed a $54 billion takeover of BG Group Plc earlier this year — a deal that increases the company’s proven reserves of oil and natural gas by 25 per cent. While critics questioned the deal following the drop in oil prices, Shell said it would provide opportunities to cut costs by eliminating duplication.
“The completion of the BG deal has reinforced our strategy and strength against the backdrop of hugely challenging times for our industry,” CEO Ben van Beurden said Wednesday in a statement. “For Shell and our shareholders, this is a unique opportunity to reshape and simplify the company…
The Anglo-Dutch company said Wednesday that profit adjusted for changes in the value of inventories and excluding one-time items dropped to $1.55 billion from $3.74 billion in the same period of 2015.
The results came after Shell completed a $54 billion takeover of BG Group Plc earlier this year — a deal that increases the company’s proven reserves of oil and natural gas by 25 per cent. While critics questioned the deal following the drop in oil prices, Shell said it would provide opportunities to cut costs by eliminating duplication.
“The completion of the BG deal has reinforced our strategy and strength against the backdrop of hugely challenging times for our industry,” CEO Ben van Beurden said Wednesday in a statement. “For Shell and our shareholders, this is a unique opportunity to reshape and simplify the company…
Vancouver housing sales hit record highs during real estate boom
– theglobeandmail.com
In Greater Vancouver, the benchmark price for detached houses surpassed $1.4-million last month to set a record, up 30.1 per cent from a year earlier
Ontario’s top court has rejected an application by a group of U.S. bondholders to appeal a decision last year on how Nortel Networks Corp.’s remaining US$7.3 billion in assets should be divided.
Hedges spike as producers look to lock in higher oil prices
– theglobeandmail.com
Encana and Baytex among the companies upping financial hedges to seek shelter from persistently weak figures
