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Prime Minister makes appearance at Vancouver Pride celebration - CityNews Vancouver Aug 3rd
Prime Minister makes appearance at Vancouver Pride celebration CityNews VancouverVancouver Pride Parade 2025: Festival route, events, and road closures Vancouver Is AwesomePrime Minister Mark Carney attends Vancouver Pride parade after meeting with premier SooToday.c.... More »
Why emotional biases may be riskier than market swings + MORE Apr 17th
Investing your money in the stock market can be more emotional than analytical, especially when the markets are volatile. And at times, it can be hard to keep those emotions in check. That’s when behavioural biases start driving investment decisions—moves that are purely based on how youR.... More »
How to survive a recession: Six tips for Gen Z and those who haven’t faced one before + MORE Jan 16th
As we begin 2023, young adults face a looming recession—and it remains to be seen whether it will be a mild or moderate one. What does an economic downturn mean for Gen Z? What should those just entering their careers, moving out on their own and aspiring for more financial independence do right n.... More »
Tillerson out at State, to be replaced by CIA chief Pompeo + MORE Mar 13th
U.S. Secretary of State Rex Tillerson arrives to a news conference with U.S. President Donald Trump and Swedish Prime Minister Stefan Lofven in the East Room of the White House March 6, 2018 in Washington, DC. Trump and Lofven are looking to focus on trade and investment between the two countries an.... More »
This couple's situation cries out for a financial plan + MORE Aug 14th
A properly conceived financial plan will allow them to consider such worst-case scenarios objectively and plan for different outcomes..... More »
Home construction picks up, driven by buildings, condos, CMHC says
– canadianbusiness.com
Home construction in Canada picked up last month, driven by British Columbia and Alberta, defying expectations that homebuilding activity would cool down.
The seasonally adjusted annual rate of housing starts rose to 222,324 units in July, up from 212,948 in June, Canada Mortgage and Housing Corp. said Wednesday.
The ramp-up likely reflects strong demand for new housing from the end of last year into the start of this year, TD Bank economist Diana Petramala said, adding that the new construction market tends to lag real estate demand, which has started to fall.
Petramala said regulatory changes over the past year including tougher mortgage qualification rules have prompted a shift for some first-time homebuyers from existing homes to cheaper, newly built dwellings.
“Some of the momentum could potentially carry forward into the second half of the year before new home construction eases along with the existing home market next year,” she said.
Last month, the Canadian Real Estate Association reported that national home sales figures in June posted their largest monthly drop in seven years…
The seasonally adjusted annual rate of housing starts rose to 222,324 units in July, up from 212,948 in June, Canada Mortgage and Housing Corp. said Wednesday.
The ramp-up likely reflects strong demand for new housing from the end of last year into the start of this year, TD Bank economist Diana Petramala said, adding that the new construction market tends to lag real estate demand, which has started to fall.
Petramala said regulatory changes over the past year including tougher mortgage qualification rules have prompted a shift for some first-time homebuyers from existing homes to cheaper, newly built dwellings.
“Some of the momentum could potentially carry forward into the second half of the year before new home construction eases along with the existing home market next year,” she said.
Last month, the Canadian Real Estate Association reported that national home sales figures in June posted their largest monthly drop in seven years…
Cash-rich Newmont Mining mulls boosting dividend as peers pursue debt reduction
– theglobeandmail.com
If gold miner were to give a large amount of cash to shareholders it could pressure its peers who are favouring paying down debt
Manulife, Sun Life beat second-quarter earnings forecasts
– theglobeandmail.com
Two of Canada’s biggest insurers benefited in part from strong growth in Asia
Callidus Capital denies it is subject to whistle-blower complaints
– theglobeandmail.com
Callidus Capital Corp. and its parent, Catalyst Capital Group, are reported to have inflated the value of assets and deceived borrowers on the terms of loans
Investors see shine in gold amid growing tensions between U.S. and North Korea
– canadianbusiness.com
Major North American indexes fell today and investors flocked to gold amid growing tensions between the U.S. and North Korea.
The Toronto Stock Exchange’s S&P/TSX composite index was down 39.02 points to 15,217.33 in a broad-based decline that saw many sectors finish in the red while bullion stocks surged nearly 1.9 per cent.
The December gold contract was ahead $16.70 to US$1,279.30 an ounce.
The precious metal is usually seen as a safe haven to investors at a time of geopolitical uncertainty.
With U.S. President Donald Trump warning North Korea of “fire and fury,” some investors have become concerned that the war of words between the two countries could escalate.
In New York, the Dow Jones industrial average fell 36.64 points to 22,048.70, the S&P 500 index inched down 0.90 of a point to 2,474.02 and the Nasdaq composite index lost 18.13 points to 6,352.33.
The Canadian dollar was trading at an average price of 78.71 cents US, down 0.20 of a U.S. cent.
Elsewhere in commodities, the September crude contract was up 39 cents to US$49…
The Toronto Stock Exchange’s S&P/TSX composite index was down 39.02 points to 15,217.33 in a broad-based decline that saw many sectors finish in the red while bullion stocks surged nearly 1.9 per cent.
The December gold contract was ahead $16.70 to US$1,279.30 an ounce.
The precious metal is usually seen as a safe haven to investors at a time of geopolitical uncertainty.
With U.S. President Donald Trump warning North Korea of “fire and fury,” some investors have become concerned that the war of words between the two countries could escalate.
In New York, the Dow Jones industrial average fell 36.64 points to 22,048.70, the S&P 500 index inched down 0.90 of a point to 2,474.02 and the Nasdaq composite index lost 18.13 points to 6,352.33.
The Canadian dollar was trading at an average price of 78.71 cents US, down 0.20 of a U.S. cent.
Elsewhere in commodities, the September crude contract was up 39 cents to US$49…
