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Average house price in Canada falls 5.5% to $455K compared to a year ago + MORE Feb 15th
The average price of a Canadian home has fallen by 5.5 per cent to $455,000 over the past 12 months, the Canadian Real Estate Association said Friday..... More »
IMF cuts world economic growth forecasts for 2018 and 2019 Oct 9th
The International Monetary Fund has cut its global economic growth forecasts for 2018 and 2019, saying that trade policy tensions and the imposition of import tariffs were taking a toll on commerce while emerging markets struggle with tighter financial conditions and capital outflows.... More »
Oilsands, mining companies watch B.C. solar project with intrigue Jun 27th
Mining companies investing in renewable energy may seem far fetched, but those in the industry say the sector is looking for opportunities that make financial sense..... More »
Fix tax rate or risk business exodus, trade association warns Jun 21st
Another of Canada’s largest business groups is warning that Ottawa needs to act now to lower corporate taxes or risk a continued exodus of investment and jobs to the United States..... More »
The best high-interest savings accounts in Canada for 2024 + MORE Sep 9th
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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China working on growth initiative for economy summit
– canadianbusiness.com
BEIJING, China – Chinese officials say Beijing will propose a joint initiative to boost global growth at next month’s meeting of Group of 20 major economies amid rising protectionist sentiment in the United States and Europe.
Finance and foreign affairs officials said Monday the initiative will call for spreading the benefits of economic development, which might shore up political support for free trade.
The Sept. 4-5 meeting in the eastern Chinese city of Hangzhou comes amid an unusually weak global economic recovery and growing popularity of U.S. and European politicians who advocate protection for local industries.
At a news conference, the Chinese officials said Beijing’s G20 initiative will include proposals to strengthen the global financial system and promote technological innovation.
The post China working on growth initiative for economy summit appeared first on Canadian Business – Your Source For Business News.
Finance and foreign affairs officials said Monday the initiative will call for spreading the benefits of economic development, which might shore up political support for free trade.
The Sept. 4-5 meeting in the eastern Chinese city of Hangzhou comes amid an unusually weak global economic recovery and growing popularity of U.S. and European politicians who advocate protection for local industries.
At a news conference, the Chinese officials said Beijing’s G20 initiative will include proposals to strengthen the global financial system and promote technological innovation.
The post China working on growth initiative for economy summit appeared first on Canadian Business – Your Source For Business News.
Swiss Lonza buys US diet supplement supplier InterHealth
– canadianbusiness.com
BERLIN – Pharmaceutical supplier Lonza of Switzerland says it is buying InterHealth Nutraceuticals, Inc., a California-based company that makes ingredients for use in dietary supplements, in a deal worth up to $300 million.
InterHealth, a portfolio company of Kainos Capital, is based in Benicia, California. Lonza said Monday that the deal is expected to close in September and will have an immediate positive impact on its earnings.
Lonza says InterHealth has a range of over 15 branded ingredients and the acquisition will complement its own sports nutrition, weight-loss and pet health offerings among others.
The post Swiss Lonza buys US diet supplement supplier InterHealth appeared first on Canadian Business – Your Source For Business News.
InterHealth, a portfolio company of Kainos Capital, is based in Benicia, California. Lonza said Monday that the deal is expected to close in September and will have an immediate positive impact on its earnings.
Lonza says InterHealth has a range of over 15 branded ingredients and the acquisition will complement its own sports nutrition, weight-loss and pet health offerings among others.
The post Swiss Lonza buys US diet supplement supplier InterHealth appeared first on Canadian Business – Your Source For Business News.
