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Stem Announces Second Quarter 2021 Financial Results - Yahoo Finance Aug 11th
Stem Announces Second Quarter 2021 Financial Results Yahoo Financedentalcorp Reports Strong Second Quarter 2021 Results Canada NewsWireDATA Communications Management Corp. Announces Second Quarter Financial Results for 2021 Financial PostNuvei Announces Second Quarte.... More »
Chele, 34, has $100,000 in debt after a family emergency. Making $45,000, can she pay it off and eventually buy a home? + MORE Jun 14th
It’s been a rough couple of years for Chele. Now, she is hoping to turn her financial situation around..... More »
Dream Office REIT selling Scotia Plaza stake, other assets for $1.7-billion + MORE Jun 23rd
The Toronto-based real estate investment trust says it will use some of the proceeds to buy back and cancel $440-million worth of its investment units
.... More »
CPPIB acquires 30-per-cent stake in BGL Group for $1.14-billion + MORE Nov 23rd
The owner of Comparethemarket.com was considering an IPO on the London Stock Exchange
.... More »
Should I overcontribute to my group RRSP and pay the tax penalty? + MORE Oct 23rd
Q. My employer has a fantastic group Registered Retirement Savings Plan (RRSP). They match employee contribution is up to 4%, of earnings, and they also provide a year-end bonus of 5% of earnings if you contribute the full 4%. Needless to say, I have taken advantage of this and been able to.... More »
Union for GM workers says a lot of issues unresolved as strike deadline nears
– canadianbusiness.com
TORONTO – The union that represents auto workers at General Motors says a lot of issues remain unresolved in negotiations with the company, but progress is being made.
In a memo updating its talks with GM, Unifor says it’s still trying to secure further product investment before a strike deadline set for Monday at 11:59 p.m. ET.
Unifor, which represents about 23,000 auto workers in Canada, selected GM as its target company in the opening round of contract discussions with the so-called Detroit Three automakers.
The union said any deal reached with GM would serve as a template for negotiations with the other two automakers, Ford and Fiat Chrysler.
Going into the discussions, union president Jerry Dias said he was aware negotiations with GM would be tough — but that was precisely why the company was chosen.
A focal point of the negotiations was securing more work at GM’s plant in Oshawa, Ont., where the company employs 2,500 unionized workers.
One of the plant’s two assembly lines makes the Chevrolet Equinox, but production is scheduled to halt next year…
In a memo updating its talks with GM, Unifor says it’s still trying to secure further product investment before a strike deadline set for Monday at 11:59 p.m. ET.
Unifor, which represents about 23,000 auto workers in Canada, selected GM as its target company in the opening round of contract discussions with the so-called Detroit Three automakers.
The union said any deal reached with GM would serve as a template for negotiations with the other two automakers, Ford and Fiat Chrysler.
Going into the discussions, union president Jerry Dias said he was aware negotiations with GM would be tough — but that was precisely why the company was chosen.
A focal point of the negotiations was securing more work at GM’s plant in Oshawa, Ont., where the company employs 2,500 unionized workers.
One of the plant’s two assembly lines makes the Chevrolet Equinox, but production is scheduled to halt next year…
Alberta gas producer joins forces with B.C. LNG export project developer
– canadianbusiness.com
CALGARY – A northwestern Alberta natural gas producer dismayed by Canada’s “grossly oversupplied” gas market is investing in a company that has vowed to build a liquefied natural gas export terminal on Vancouver Island.
Calgary-based Seven Generations Energy (TSX:VII) says it will take a minority stake in Vancouver-based Steelhead LNG, adding the two have agreed to explore pipeline development and open new overseas markets for natural gas.
Analysts estimated the investment at less than $55 million, but the exact size and cost of the equity position were not disclosed. Seven Generations said the cost was less than five per cent of its 2016 capital budget.
Steelhead has proposed two LNG export projects, Malahat LNG and Sarita LNG, that would use floating production and storage units moored to marine jetties. It has five 25-year National Energy Board licences to export up to a combined total of 30 million tonnes of LNG per year and is partnered with the Malahat First Nation…
Calgary-based Seven Generations Energy (TSX:VII) says it will take a minority stake in Vancouver-based Steelhead LNG, adding the two have agreed to explore pipeline development and open new overseas markets for natural gas.
Analysts estimated the investment at less than $55 million, but the exact size and cost of the equity position were not disclosed. Seven Generations said the cost was less than five per cent of its 2016 capital budget.
Steelhead has proposed two LNG export projects, Malahat LNG and Sarita LNG, that would use floating production and storage units moored to marine jetties. It has five 25-year National Energy Board licences to export up to a combined total of 30 million tonnes of LNG per year and is partnered with the Malahat First Nation…
Earnings miracle needed to get S&P 500 values out of clouds
– theglobeandmail.com
Analysts are predicting the fastest earnings expansion since the bull market began
Best real estate apps and tools to help sell a home
– moneysense.ca
Before hammering in the For Sale sign, home sellers need to do a bit of research to determine whether or not they should sell their home. To get help selling your home start with these online tools and apps. From mortgage penalties, to paying off the mortgage debt faster, to closing costs to possible appreciation value, to decorating tips, these apps and online tools are a good starting point.Read also: Best apps to help when buying a home
Should I break my mortgage?
Name: RateSupermarket.ca: Mortgage Penalty Calculator
Type: Online calculator
Cost: Free
Claim: Moving and need to break your mortgage or want to get a better rate through refinancing? Calculate what it will cost you to break your mortgage.
Pros: The calculator not only calculates the anticipated mortgage penalty, but also compares what you would pay (and save) with a new, current mortgage rate. It gives you all this information as well as a definitive answer on whether or not you should proceed. This calculator will help you with the preliminary numbers you need to consider when factoring in whether or not to break a mortgage…
Markets Right Now: US stocks open higher
– canadianbusiness.com
NEW YORK, N.Y. – The latest on developments in global financial markets (all times local):
11:45 a.m.
U.S. stocks are rising in midday trading, led by gains in banks and industrial companies.
Banks made some of the biggest gains Monday as investors wait for the Federal Reserve to meet this week. Several technology companies are rising on deal news.
Energy companies were also moving higher along with the price of oil. Chevron rose 1 per cent.
The Dow Jones industrial average rose 100 points, or 0.6 per cent, to 18,225.
The Standard & Poor’s 500 index climbed 10 points, or 0.5 per cent, to 2,150. The Nasdaq composite gained 21 points, or 0.4 per cent, to 5,265.
The yield on the 10-year Treasury note held at 1.69 per cent.
___
9:35 a.m.
Stocks are moving higher in early trading, led by gains in technology and industrial companies.
Energy stocks were also up in the first few minutes of trading Monday, following the price of crude oil higher.
General Motors was up 3 per cent and Applied Materials gained 2 per cent…
11:45 a.m.
U.S. stocks are rising in midday trading, led by gains in banks and industrial companies.
Banks made some of the biggest gains Monday as investors wait for the Federal Reserve to meet this week. Several technology companies are rising on deal news.
Energy companies were also moving higher along with the price of oil. Chevron rose 1 per cent.
The Dow Jones industrial average rose 100 points, or 0.6 per cent, to 18,225.
The Standard & Poor’s 500 index climbed 10 points, or 0.5 per cent, to 2,150. The Nasdaq composite gained 21 points, or 0.4 per cent, to 5,265.
The yield on the 10-year Treasury note held at 1.69 per cent.
___
9:35 a.m.
Stocks are moving higher in early trading, led by gains in technology and industrial companies.
Energy stocks were also up in the first few minutes of trading Monday, following the price of crude oil higher.
General Motors was up 3 per cent and Applied Materials gained 2 per cent…
