The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Latest News
China’s economic growth dips to 6-year low but consumer spending helps avert deeper downturn + MORE Oct 19th
BEIJING, China – China’s economy decelerated in the latest quarter but stronger spending by consumers who are emerging as an important pillar of growth helped to avert a deeper downturn.
The world’s second-largest economy grew by 6.9 per cent in the three months ended in September,.... More »
Stocks rise as techs recover, Dow set for 10th win: Stock market news today - Yahoo Canada Finance Jul 21st
Stocks rise as techs recover, Dow set for 10th win: Stock market news today Yahoo Canada FinanceMarkets Today: Stocks Climb Before Nasdaq 100 Rebalance BarchartDow's winning streak, tech earnings, American Express: 3 Things to know July 21, 2023 Yahoo FinanceStock ma.... More »
Greece is running out of time—and trust + MORE Jul 12th
(AP Photo/Thanassis Stavrakis)
Greece’s finance minister was locked in talks with skeptical creditors Saturday, trying to persuade them that the Greek government can be trusted to deliver on its reform promises in exchange for a financial rescue securing the country’s future in the euro..... More »
Japan defends Toyota after Trump broadside over Mexican plant - The Globe and Mail + MORE Jan 6th
FortuneJapan defends Toyota after Trump broadside over Mexican plantThe Globe and MailThe Japanese government defended Toyota Motor Corp on Friday as an “important corporate citizen” of the United States, after President-elect Donald Trump singled out the auto maker and threatened to slap puniti.... More »
Scaling-up: How to help female entrepreneurs go global + MORE Jan 29th
A wealth of research shows that investing in female entrepreneurs is a win-win for any national economy
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Pembina Pipeline sees Q1 earnings soar to $147M; dividend increased 3.6%
– canadianbusiness.com
CALGARY – Pembina Pipeline Corp. (TSX:PPL) has reported a more than 60 per cent increase in first-quarter earnings and increased its dividend more than three per cent.
Calgary-based Pembina said after markets closed Thursday that net earnings in the three months ended March 31 increased to $147 million or 41 cents per diluted share, up from $91 million or 30 cents in the same 2013 period.
Net revenue increased 42 per cent to $447 million from $315 million, due to a strong performance in each of the pipeline company’s businesses, particularly in its midstream business, as well as returns on new capital investments.
Meanwhile, Pembina said it was increasing its quarterly dividend to 14.5 cents per share from 14 cents, payable June 13 to to shareholders of record on May 25.
“We are confident in the long-term sustainability and growth in our cash flows and so today our board of directors approved and declared a dividend increase of 3.6 per cent,” said president and CEO Mick Dilger…
Calgary-based Pembina said after markets closed Thursday that net earnings in the three months ended March 31 increased to $147 million or 41 cents per diluted share, up from $91 million or 30 cents in the same 2013 period.
Net revenue increased 42 per cent to $447 million from $315 million, due to a strong performance in each of the pipeline company’s businesses, particularly in its midstream business, as well as returns on new capital investments.
Meanwhile, Pembina said it was increasing its quarterly dividend to 14.5 cents per share from 14 cents, payable June 13 to to shareholders of record on May 25.
“We are confident in the long-term sustainability and growth in our cash flows and so today our board of directors approved and declared a dividend increase of 3.6 per cent,” said president and CEO Mick Dilger…
Barclays Bank is to cut 19,000 jobs by 2016, greatly simplifying its operations by pulling back on investment banking and returning to its roots in retail banking.
Alibaba's Political Investment Risk
– online.wsj.com
There’s no guarantee Beijing will continue to favor monopolistic behavior in tech.Toronto-based ShawCor buying Houston firm Desert NDT in deal valued at US$260M
– canadianbusiness.com
TORONTO – ShawCor Ltd. (TSX:SCL) plans to acquire Houston-based Desert NDT LLC in a deal valued at US$260 million.
The deal for Desert, which provides non-destructive testing services for new oil and gas gathering pipelines and infrastructure integrity management services, is expected to close in the third quarter subject to U.S. regulatory approval.
Toronto-based ShawCor said the acquisition of Desert, which operates through 18 branches in major U.S. oil and gas basins, is expected to add to earnings within the first 12 months.
“We are very pleased to welcome Desert to the ShawCor family,” president and CEO Steve Orr said in announcing the deal Thursday.
“Desert’s NDT offering is expected to increase ShawCor’s exposure to the growing unconventional oil and gas production in the United States and to complement the business of Shaw Pipeline Services, ShawCor’s NDT business unit”
Orr added that the U.S. company would also be a vehicle to advance ShawCor’s strategy of providing management and data centric solutions for the production, processing and pipeline assets of its customers…
The deal for Desert, which provides non-destructive testing services for new oil and gas gathering pipelines and infrastructure integrity management services, is expected to close in the third quarter subject to U.S. regulatory approval.
Toronto-based ShawCor said the acquisition of Desert, which operates through 18 branches in major U.S. oil and gas basins, is expected to add to earnings within the first 12 months.
“We are very pleased to welcome Desert to the ShawCor family,” president and CEO Steve Orr said in announcing the deal Thursday.
“Desert’s NDT offering is expected to increase ShawCor’s exposure to the growing unconventional oil and gas production in the United States and to complement the business of Shaw Pipeline Services, ShawCor’s NDT business unit”
Orr added that the U.S. company would also be a vehicle to advance ShawCor’s strategy of providing management and data centric solutions for the production, processing and pipeline assets of its customers…
Scotiabank has signed a deal to buy a 20 per cent stake in Canadian Tire’s financial services business for $500 million in cash as part of a strategic partnership between the companies.
