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Compare the best savings accounts in Canada 2022 + MORE Feb 16th
Best Savings Account Finder
How to use the savings account calculator
You can simply scan the savings account comparison table above to view interest rates offered by financial institutions across Canada. You can also input your estimated account balance and compare the growth between high-inte.... More »
Uber selling Southeast Asian business to regional rival Grab + MORE Mar 27th
BANGKOK _ Ride-hailing giant Uber is selling its business in Southeast Asia to regional rival Grab while gaining a robust stake in the fast-growing ridesharing, food delivery and financial services business.
Grab said Monday that Uber will take a 27.5 per cent stake and a seat on its board as part o.... More »
What’s the best way to get relief from car payments during COVID-19? + MORE May 11th
Q. Is there a way to suspend my car payments during COVID-19?
–Mandy
A. During this time of financial difficulty for so many Canadians, automakers are offering payment holidays up to three months, in many cases with no strings attached and no extra interest.
Upon receipt of evidence that you suffe.... More »
Why “unretirement” may be the fate of so many Canadians Mar 13th
The idea of “unretirement” seems to be making a comeback as more Canadians find themselves under economic stress. Even before the tariff threats emerged under Trump 2.0, seniors and near-retirees were finding the economic uncertainty and rising cost of living becoming uncomfortable. No surprise .... More »
Tech stock sell-off pushes markets lower Nov 12th
A steep drop in technology companies sent U.S. stocks sharply lower Monday, knocking off more than 600 points from the Dow Jones Industrial Average..... More »
The 'sleeping giant' within the TSX that could be the market's next outperformer
– theglobeandmail.com
Keeping the drive alive likely depends on beaten-down materials stocks conforming to the uptrend
Sun Life Financial swings to higher profits in third quarter as revenue falls
– theglobeandmail.com
CEO Dean Conner says the quarter showcased its many examples of bringing client-driven strategies to life
Manulife sees dip in quarterly earnings due to impact of U.S. hurricanes
– theglobeandmail.com
The company says the provision amounted to $240-million for the damage caused by hurricanes Harvey, Irma and Maria, for its first significant loss in the business since 2011
Morneau Shepell CEO talking to clients about minister controversy
– canadianbusiness.com
TORONTO _ The CEO of Morneau Shepell says he has spent a lot of time talking to clients about the conflict-of-interest controversy surrounding Finance Minister Bill Morneau.
Stephen Liptrap says he has had reiterated that federal contracts make up a fraction of the human resources and pension management firm’s total portfolio.
He added during a call with financial analysts that Morneau Shepell is not experiencing anything different from prior to the election and repeated the company’s previous statement that it severed all contact with the minister upon his election in 2015.
Morneau built up the company alongside his father before he stepped down as its executive chairman after the election.
Opposition critics have pressed the Liberal government with conflict-of-interest questions since it was revealed that Morneau continued to hold shares in the business while he served as the minister tasked with regulating the pension industry.
Morneau Shepell reported Tuesday a third-quarter profit of $9…
Stephen Liptrap says he has had reiterated that federal contracts make up a fraction of the human resources and pension management firm’s total portfolio.
He added during a call with financial analysts that Morneau Shepell is not experiencing anything different from prior to the election and repeated the company’s previous statement that it severed all contact with the minister upon his election in 2015.
Morneau built up the company alongside his father before he stepped down as its executive chairman after the election.
Opposition critics have pressed the Liberal government with conflict-of-interest questions since it was revealed that Morneau continued to hold shares in the business while he served as the minister tasked with regulating the pension industry.
Morneau Shepell reported Tuesday a third-quarter profit of $9…
Auto parts maker Linamar reports Q3 profit down, shares fall more than 10%
– canadianbusiness.com
TORONTO _ Shares of Linamar Corp. fell more than 10 per cent in early trading after reporting a drop in third-quarter earnings compared with a year ago, hurt by one-time costs.
Linamar shares were down $9.61 at $67.31 in late-morning trading on the Toronto Stock Exchange.
After the close of markets Tuesday, the auto parts maker said it earned $107.3 million or $1.62 per diluted share in its third quarter.
That compared with a profit of $122.2 million or $1.86 per share a year ago.
However, the company said that before non-recurring items and foreign exchange impacts its earnings increased 9.2 per cent.
Sales for the three months ended Sept. 30 grew to $1.55 billion, up from $1.46 billion in the same quarter last year.
The post Auto parts maker Linamar reports Q3 profit down, shares fall more than 10% appeared first on Canadian Business – Your Source For Business News.
Linamar shares were down $9.61 at $67.31 in late-morning trading on the Toronto Stock Exchange.
After the close of markets Tuesday, the auto parts maker said it earned $107.3 million or $1.62 per diluted share in its third quarter.
That compared with a profit of $122.2 million or $1.86 per share a year ago.
However, the company said that before non-recurring items and foreign exchange impacts its earnings increased 9.2 per cent.
Sales for the three months ended Sept. 30 grew to $1.55 billion, up from $1.46 billion in the same quarter last year.
The post Auto parts maker Linamar reports Q3 profit down, shares fall more than 10% appeared first on Canadian Business – Your Source For Business News.
