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Revenue falls but Aecon Group Q3 profit of $39.5M beats prior-year result + MORE Nov 10th
TORONTO – Aecon Group Inc. (TSX:ARE) saw an increase in third-quarter profit even as the construction and infrastructure development company reported softer revenues in the period.
Aecon said net profits in the three months to Sept. 30 were $39.5 million or 49 cents per diluted share, up from .... More »
How to Implement an Internal Coaching Program Jul 26th
In the spring of 2019, Kim Forseille, assistant vice-president of learning and development at Edmonton-based bank CWB Financial Group, learned from internal surveys and exit interviews that many workers were feeling stuck in their jobs. “People came to CWB because they wanted to progress in their .... More »
Ontario housing quick fix faces 'perfect storm' market surge + MORE Apr 22nd
This week, the Ontario government unveiled 16 measures designed to cool Toronto’s red-hot real estate market. Why the effect on prices and sales is likely to be short-lived
.... More »
Are foreign homebuyers really driving up the cost of real estate in Canada? + MORE Aug 14th
While some in the real estate industry welcomed the Conservatives' pledge this week to collect more data on foreign ownership in the housing market, many are skeptical that such information will do anything to solve the problem of access and affordability in overheated real estate ma.... More »
Why you didn’t even get a nibble of Beyond Meat’s sizzling IPO May 13th
To get first crack at an initial public offering, you need to be a wealthy investor working with a leading broker at one of the underwriting firms, writes Gordon Pape..... More »
120 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Harper and Obama can’t agree to disagree on defence
– macleans.ca
AFP/Getty ImagesStephen Harper and Barack Obama spoke by phone on Aug. 30. The White House “readout” of the call—the bland paragraph-length summary that gets sent out after every such conversation—said the two men discussed the NATO summit in Wales and the “situation in Iraq.” The readout from the Prime Minister’s Office said the same. The White House added: “The President stressed that agreement on increased defence investment in all areas is a top priority at the NATO Summit.” The PMO didn’t mention that part.
Of course it didn’t. Obama’s country spent about 3.8 per cent of GDP on national defence last year, down from 4.7 per cent in 2010, when spending was higher and the U.S. economy was a good deal weaker. Harper’s government spent one per cent of GDP on defence. That’s less than Germany does, and less than France, and less than Russia and Estonia do, as a fraction of total national wealth. Why, it’s even less than Canada spent when Paul Martin was the prime minister…
Ont. gov't seeks buyer for waterfront real estate owned by LCBO – CP24 Toronto's Breaking News
– news.google.ca
Toronto SunOnt. gov't seeks buyer for waterfront real estate owned by LCBOCP24 Toronto’s Breaking NewsTORONTO — The Liberal government followed through Thursday on a years-old pledge to sell one of the jewels in its real estate portfolio, seeking bids for a parcel of land on the Toronto waterfront owned by the Liquor Control Board of Ontario. "This 11-acre …Ontario seeks buyer for LCBO's Toronto waterfront landToronto SunLiberals Put LCBO HQ Property Up For SaleAm980 London NewsOntario seeks buyer for LCBO property on Lake Shore680 NewsFountain Pen -MetroNews Canadaall 21 news articles »
BP stock hit by negligence ruling that could cost oil company another US$18B
– canadianbusiness.com
NEW YORK, N.Y. – BP shares slumped five per cent after a judge ruled that the oil giant’s reckless conduct led to the worst U.S. offshore oil spill, a decision that could cost BP another US$17.6 billion.
BP shares fell $2.72, or 5.7 per cent, to $44.99 around midday, reducing the company’s market value by $7 billion. The stock was near $60 per share just prior to the April 2010 spill.
The ruling means BP now faces a fine of $4,300 per barrel of oil spilled. The number of barrels spilled is being debated but is likely to fall between 2.4 million and 4.1 million barrels, which makes for a fine of between $10.3 billion and $17.6 billion.
BP, which has already paid billions to those hurt by the spill, says it will appeal the ruling.
The post BP stock hit by negligence ruling that could cost oil company another US$18B appeared first on Canadian Business.
BP shares fell $2.72, or 5.7 per cent, to $44.99 around midday, reducing the company’s market value by $7 billion. The stock was near $60 per share just prior to the April 2010 spill.
The ruling means BP now faces a fine of $4,300 per barrel of oil spilled. The number of barrels spilled is being debated but is likely to fall between 2.4 million and 4.1 million barrels, which makes for a fine of between $10.3 billion and $17.6 billion.
BP, which has already paid billions to those hurt by the spill, says it will appeal the ruling.
The post BP stock hit by negligence ruling that could cost oil company another US$18B appeared first on Canadian Business.
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
