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How to keep your holiday spending in check Nov 29th
According to Equifax Canada data, there was a 1.9% rise in total debt per consumer at the end of the second quarter in 2019. Unsurprisingly, a recent survey commissioned by Equifax also found that 55% of Canadians say they’ll be spending less on holiday gifts this year. Hmm, I wonder why that.... More »
Climate change to drive 'massive' investment shift - BBC News Jan 15th
Climate change to drive 'massive' investment shift BBC NewsBlackRock, world's largest asset manager, changing its focus to climate change CBC.caBlackRock C.E.O. Larry Fink: Climate Crisis Will Reshape Finance The New York TimesFink, Frackers and Putting the ‘G’ i.... More »
Marijuana company Aphria met with TSX about guidance regarding U.S. business + MORE Oct 24th
Marijuana producer Aphria Inc. says it met with the Toronto Stock Exchange last week to discuss the exchange’s recent guidance that pot firms with U.S. exposure could face delisting.
Aphria chief executive Vic Neufeld says the company reiterated its commitment to work collaboratively with the .... More »
Know your TFSA contribution limit + MORE Nov 30th
For Canadian investors and savers, it’s always some of the best news to come each year: new TFSA room that becomes available each January 1. For 2025, the TFSA contribution limit is $7,000 (the same amount in 2024).
The actual TFSA yearly limit was set at $5,000 back in 2009 when the investmen.... More »
JPMorgan, Lululemon and more: The week in earnings Jan 17th
Company earnings for the week of Jan 14, 2025
JPMorgan
Lululemon
Cogeco
UnitedHealth
JPMorgan posts record annual profits as major U.S. banks thrive in the final quarter of 2024
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit.... More »
Reuters CanadaTSX falls as energy stocks and earnings disappointments weighReuters CanadaTORONTO (Reuters) – Canada's main stock index fell on Wednesday as energy shares followed oil prices lower, a small financial technology company plunged after missing earnings expectations, and Canadian National Railway Co CNR.TO weighed after …Canada stocks lower at close of trade; S&P/TSX Composite down 0.42%Investing.comEnergy losses lead TSX lower, gold miners limit fallCosumnes Connection (subscription)all 12 news articles »
Tesla beats Street 3Q forecasts
– canadianbusiness.com
PALO ALTO, Calif. – PALO ALTO, Calif. (AP) _ Tesla Motors Inc. (TSLA) on Wednesday reported third-quarter net income of $21.9 million, after reporting a loss in the same period a year earlier.
The Palo Alto, California-based company said it had net income of 14 cents per share. Earnings, adjusted for stock option expense, came to 71 cents per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 54 cents per share.
The electric car maker posted revenue of $2.3 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $1.94 billion.
Tesla shares have fallen 16 per cent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $202.24, a drop of 6 per cent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSLA at http://www…
The Palo Alto, California-based company said it had net income of 14 cents per share. Earnings, adjusted for stock option expense, came to 71 cents per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 54 cents per share.
The electric car maker posted revenue of $2.3 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $1.94 billion.
Tesla shares have fallen 16 per cent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $202.24, a drop of 6 per cent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSLA at http://www…
CIBC is seeking a no contest settlement with the Ontario Securities Commission after its investment business had been accidentally overcharging some of its customers for as much as 14 years.
Bill Morneau, Canada’s finance minister, speaks during an interview in New York, U.S., on Wednesday, March 30, 2016. Changes to Canada’s capital gains taxation rules are not part of Prime Minister Justin Trudeau’s plan as he looks for C$3 billion in revenue from changes to the country’s tax code, Morneau said. (Chris Goodney/Bloomberg/Getty Images)It’s been a busy few months in the political sport of real estate bubble-wrangling. What started with the B.C. government’s snap decision this past summer to impose a 15 per cent tax on foreign buyers continued when Ottawa rolled out measures to tame the real estate sector, such as making it tougher to get mortgages and limiting lenders’ access to mortgage insurance. That will unfold further as the federal government looks for ways to unload some of the risks of bad mortgages onto lenders, rather than have taxpayers shoulder all the burden.
All big moves, indeed. So here’s a question: has there ever been a time when so many economy-shaping government policies were rolled out so quickly but with less knowledge about their potential impact? We know the housing market is a significant and growing share of Canada’s economy—one might even argue that real estate now is Canada’s economy…
CBC.caEdmonton real estate market burdened by job losses, stunted growthCBC.caDemand for new homes in Edmonton has "tempered" in light of a weaker market and and reduced consumer confidence, according to new reports from the Canada Mortgage and Housing Corporation (CMHC). According to the CMHC Housing Market Outlook …CMHC issues 'red warning' amid high house prices in BC, OntarioThe Globe and MailCMHC calls for slowing housing market in 2017, but prices will continue to riseFinancial PostOttawa's housing market stable, national outlook less certainOttawa SunGlobalnews.ca -News1130 -BNN -Huffington Post Canadaall 21 news articles »
