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Rallying gold and oil prices give TSX a triple digit boost, loonie strengthens + MORE Feb 14th
TORONTO _ Surging gold and oil prices helped give Canada’s main stock index a triple-digit boost, as the loonie strengthened against a weakening greenback.
The S&P/TSX composite index advanced 111.80 points to 15,328.27, led by strong gains in the gold, base metals, materials and energy se.... More »
The best GIC rates in Canada for 2025 + MORE Mar 17th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Is Selling Your Home: A Smart Decision for Retirement? Jan 7th
For many people, owning a mortgage-free home in retirement can be a financially smart decision, as it allows them to keep their expenses low by only having to worry about property taxes, maintenance, utilities, and insurance. However, if your home is particularly valuable or no longer fits your n.... More »
Stocks surge on hint of slower rate hikes + MORE Nov 28th
Canada's main stock index posted its largest rally in almost three years on Wednesday after U.S. Federal Reserve chairman Jerome Powell suggested a possible pause in interest rate hikes next year..... More »
47% of workers living paycheque to paycheque + MORE Sep 6th
TORONTO — A new survey by the Canadian Payroll Association suggests nearly half of workers are living paycheque to paycheque due to soaring spending and debt levels.
The poll found that 47 per cent of respondents said it would be difficult to meet their financial obligations if their paycheque wa.... More »
The Latest: Amid expectations that Greece will not make IMF payment, stock markets down again
– canadianbusiness.com
ATHENS, Greece – The latest news on Greece’s financial woes on a day a big repayment to the International Monetary Fund is due and the country’s bailout program with European creditors ends (all times local):
10.04 a.m.
The mood in European financial markets remained edgy amid growing expectations that Greece will not make a repayment to the International Monetary Fund.
Prime Minister Alexis Tsipras said Monday the payment would not be made if there is no deal with creditors over extending Greece’s bailout.
In early trading, the Stoxx 50 index of leading European shares was down 0.9 per cent while Germany’s DAX fell 0.7 per cent.
On Monday, stocks slid in the wake of Greece’s decision to call a referendum for July 5 on creditors’ bailout proposals and to impose controls on capital.
The post The Latest: Amid expectations that Greece will not make IMF payment, stock markets down again appeared first on Canadian Business – Your Source For Business News.
10.04 a.m.
The mood in European financial markets remained edgy amid growing expectations that Greece will not make a repayment to the International Monetary Fund.
Prime Minister Alexis Tsipras said Monday the payment would not be made if there is no deal with creditors over extending Greece’s bailout.
In early trading, the Stoxx 50 index of leading European shares was down 0.9 per cent while Germany’s DAX fell 0.7 per cent.
On Monday, stocks slid in the wake of Greece’s decision to call a referendum for July 5 on creditors’ bailout proposals and to impose controls on capital.
The post The Latest: Amid expectations that Greece will not make IMF payment, stock markets down again appeared first on Canadian Business – Your Source For Business News.
Element Financial already looking to future growth plans after GE deal
– theglobeandmail.com
Chief executive Steve Hudson says company will have 1.2 million vehicles at end of September
Canada’s BuildDirect says any IPO at least a year away
– theglobeandmail.com
The Canadian home renovation retailer will eventually go public, but will stay private for at least the next year as it develops its ‘Uber’-like online marketplace
After NBC ‘fires’ Trump over immigrant comments, will Trump’s business empire escape backlash?
– canadianbusiness.com
NEW YORK, N.Y. – Is Donald Trump’s business empire as Teflon-coated as his hair appears to be?
Trump has found himself on the receiving end of the catchphrase he made famous on his reality show “The Apprentice” — “You’re fired!” — after NBC dumped the real estate mogul Monday over comments he made about immigrants during his recent presidential campaign kickoff speech.
Trump, known for his poufy red hair and penchant for provocative remarks, has never shied away from controversy. But as he launches his 2016 presidential bid in earnest, his latest comments — that some Mexican immigrants bring drugs and crime to the country and are rapists — offended many, were denounced by Mexican-American groups and led NBC to abruptly drop the billionaire.
Mexican media giant Televisa also said it would no longer be doing business with Trump.
The flap has some wondering if the backlash may spill over to his globe-spanning empire of real estate properties…
Trump has found himself on the receiving end of the catchphrase he made famous on his reality show “The Apprentice” — “You’re fired!” — after NBC dumped the real estate mogul Monday over comments he made about immigrants during his recent presidential campaign kickoff speech.
Trump, known for his poufy red hair and penchant for provocative remarks, has never shied away from controversy. But as he launches his 2016 presidential bid in earnest, his latest comments — that some Mexican immigrants bring drugs and crime to the country and are rapists — offended many, were denounced by Mexican-American groups and led NBC to abruptly drop the billionaire.
Mexican media giant Televisa also said it would no longer be doing business with Trump.
The flap has some wondering if the backlash may spill over to his globe-spanning empire of real estate properties…
Mobilicity gets approval to disburse funds from Rogers deal to creditors
– theglobeandmail.com
Court approval allows Rogers to assume startup carrier’s assets free of any claims against it following $465-million deal


