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Bitcoin drops 10% as cryptocurrencies decline with risk assets + MORE Feb 5th
Bitcoin falls for a fifth consecutive day
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Seven U.S. aerospace and defence stocks with strong price performance + MORE Apr 14th
We are seeking aerospace and defence stocks that have reasonable valuations and consistent earnings growth
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Britain agrees to return $44M to Macau seized from official in corruption case + MORE Nov 4th
HONG KONG – Britain has agreed to return 28.7 million pounds ($44.3 million) to Macau that was confiscated from a government official convicted in the Chinese enclave’s biggest corruption case.
According to a Macau government statement released Tuesday, British and Macau officials signed.... More »
Bell Canada’s wireless, media units drive revenue growth at BCE in third quarter + MORE Nov 3rd
MONTREAL – BCE’s third-quarter revenue and profit were up from the same time last year as Bell Canada added subscribers to specialty TV, digital TV, Internet, and wireless services — offsetting lower revenue from advertising and conventional phone service.
The Montreal-based company (T.... More »
AP News in Brief at 12:04 am EST - National Post + MORE Jan 30th
Fox NewsAP News in Brief at 12:04 am ESTNational PostWASHINGTON (AP) — A by-the-numbers look at President Donald Trump's first year in office reveals areas of both progress and peril. The stock market is soaring, smashing record after record. The unemployment rate has ticked downward. Some ca.... More »
5.5 year – 2.95%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-09-16. Click on the link above to get more details or apply online.
Slow times for oilpatch deals amid market uncertainty, foreign investment rules
– canadianbusiness.com
CALGARY – It’s a tough time to be looking for a deal in the oilpatch, due to a combination of market uncertainty and confusion over federal foreign investment rules introduced during the past year.
With Canada’s major energy companies set to report their third-quarter results over the next few weeks, observers say investors will be eagerly awaiting an update on how the firms are slimming their portfolios by selling non-core assets.
The likes of Talisman Energy Inc. (TSX:TLM) and Canadian Natural Resources Ltd. (TSX:CNQ) have had Western Canadian natural gas assets on the market for some time, and Encana Corp. (TSX:ECA) signalled recently that it, too, intends to pare down its gas holdings.
“Why we’ve not seen those assets being picked up is potentially a function of the sustained low gas prices. I think that there is uncertainty in the business community,” said Lance Mortlock, a partner in Ernst & Young’s oil and gas practice in Calgary.
There’s also uncertainty over how quickly multibillion-dollar liquefied natural gas export facilities can be built on Canada’s West Coast, enabling sales in lucrative Asian markets…
With Canada’s major energy companies set to report their third-quarter results over the next few weeks, observers say investors will be eagerly awaiting an update on how the firms are slimming their portfolios by selling non-core assets.
The likes of Talisman Energy Inc. (TSX:TLM) and Canadian Natural Resources Ltd. (TSX:CNQ) have had Western Canadian natural gas assets on the market for some time, and Encana Corp. (TSX:ECA) signalled recently that it, too, intends to pare down its gas holdings.
“Why we’ve not seen those assets being picked up is potentially a function of the sustained low gas prices. I think that there is uncertainty in the business community,” said Lance Mortlock, a partner in Ernst & Young’s oil and gas practice in Calgary.
There’s also uncertainty over how quickly multibillion-dollar liquefied natural gas export facilities can be built on Canada’s West Coast, enabling sales in lucrative Asian markets…
Traders look to TSX to build on gains after hitting 28-month high
– canadianbusiness.com
TORONTO – Traders will be anxious to see this week if the Toronto stock market can carry on the steady gains racked up during October that took the TSX to its highest levels in more than two years.
Investors will also look to the Bank of Canada’s latest interest rate announcement and what is expected to be a steady flow of economic reports that were postponed because of the lengthy partial U.S. government shutdown.
The stars seem to be finally aligning for the Toronto Stock Exchange, which closed above 13,000 last week for the first time since late July 2011, a sign that the resource-heavy market is perhaps bouncing back after suffering through falling commodity prices, the European Union debt crisis and a slowing in the Chinese economy.
“Canada is always a late cycle market because of the resource domination,” observed Wes Mills, chief investment officer at Scotia Asset Management PM Advisor Services.
“So, as the global economy continues to improve, Canada will start showing up more on people’s radar…
Investors will also look to the Bank of Canada’s latest interest rate announcement and what is expected to be a steady flow of economic reports that were postponed because of the lengthy partial U.S. government shutdown.
The stars seem to be finally aligning for the Toronto Stock Exchange, which closed above 13,000 last week for the first time since late July 2011, a sign that the resource-heavy market is perhaps bouncing back after suffering through falling commodity prices, the European Union debt crisis and a slowing in the Chinese economy.
“Canada is always a late cycle market because of the resource domination,” observed Wes Mills, chief investment officer at Scotia Asset Management PM Advisor Services.
“So, as the global economy continues to improve, Canada will start showing up more on people’s radar…
