TSX getting you down? There are always sound investment alternatives.
Latest News
The best high-interest savings accounts in Canada for 2023 Jun 14th
Save
The best high-interest savings accounts in Canada for 2023
Here are the accounts offering the highest interest rates and lowest fees.
Compare now
Tap the button for more details.
The rates i.... More »
Making sense of the markets this week: November 24, 2024 Nov 22nd
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Can’t stop the Nvidia train
Nvidia is now the world’s largest company. You know it’s growing quickly when there ar.... More »
Disaster and the Wealth of Nations + MORE Aug 28th
Texans will rebound from the awful flooding with their usual élan..... More »
Jefferies poaches RBC senior bankers in expansion drive + MORE Jan 9th
Dai Clement will become global head of power, utilities and infrastructure investment banking at Jefferies
.... More »
Marijuana company Aphria met with TSX about guidance regarding U.S. business + MORE Oct 24th
Marijuana producer Aphria Inc. says it met with the Toronto Stock Exchange last week to discuss the exchange’s recent guidance that pot firms with U.S. exposure could face delisting.
Aphria chief executive Vic Neufeld says the company reiterated its commitment to work collaboratively with the .... More »
Grip of Bombardier’s founders an obstacle for investors
– theglobeandmail.com
Company’s lack of lead investor interest and sliding stock price could be due to inflexibility in its management
Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Here are five things to look for in Canadian business this week:
Railways: Both CN Rail and Canadian Pacific Railway release their second-quarter results this week, on Monday and Tuesday respectively. Canada’s sluggish economy and lower volumes of coal, grain and energy-related products are expected to undermine the lofty 2015 earnings goals for the country’s two largest railways.
StatCan: There are a slew of releases this week from Statistics Canada, starting with wholesale trade figures for May on Monday and retail trade figures and employment insurance data on Thursday.
Lumber: Two major lumber producers — West Fraser Timber Co. and Canfor Corp. — are out with second-quarter results on Wednesday. The lumber industry is in the midst of a recovery thanks to a boom in U.S. construction and a weaker loonie. The sector lost 50,000 jobs following the 2008 financial crisis.
BlackBerry: CEO John Chen and members of the company’s senior leadership team are in New York on Thursday discussing the impact today’s cyber-threats are having on mobile security…
Railways: Both CN Rail and Canadian Pacific Railway release their second-quarter results this week, on Monday and Tuesday respectively. Canada’s sluggish economy and lower volumes of coal, grain and energy-related products are expected to undermine the lofty 2015 earnings goals for the country’s two largest railways.
StatCan: There are a slew of releases this week from Statistics Canada, starting with wholesale trade figures for May on Monday and retail trade figures and employment insurance data on Thursday.
Lumber: Two major lumber producers — West Fraser Timber Co. and Canfor Corp. — are out with second-quarter results on Wednesday. The lumber industry is in the midst of a recovery thanks to a boom in U.S. construction and a weaker loonie. The sector lost 50,000 jobs following the 2008 financial crisis.
BlackBerry: CEO John Chen and members of the company’s senior leadership team are in New York on Thursday discussing the impact today’s cyber-threats are having on mobile security…
Merkel again rules out ‘haircut’ for Greek debt but says other forms of relief are possible
– canadianbusiness.com
BERLIN – Chancellor Angela Merkel on Sunday suggested that Germany would show flexibility in negotiating how Greece deals with its massive debt, but again ruled out writing off part of the money.
Speaking on ARD television’s Bericht aus Berlin program, Merkel said that “a classic haircut of 30, 40 per cent of debt cannot happen in a currency union.”
But Merkel, who persuaded German lawmakers on Friday to give their overwhelming backing to another financial rescue package, suggested that she was open to discussing ways to lessen the burden on Athens.
She said, for example, Greece previously has been given more favourable interest rates, time extensions and other relief
“We can talk about such things again,” she said, but added such talks could only begin after details of Greece’s bailout program are finalized.
Though the broad outlines of the Greek bailout were agreed last Monday by the eurozone’s 19 leaders, the details are now being negotiated…
Speaking on ARD television’s Bericht aus Berlin program, Merkel said that “a classic haircut of 30, 40 per cent of debt cannot happen in a currency union.”
But Merkel, who persuaded German lawmakers on Friday to give their overwhelming backing to another financial rescue package, suggested that she was open to discussing ways to lessen the burden on Athens.
She said, for example, Greece previously has been given more favourable interest rates, time extensions and other relief
“We can talk about such things again,” she said, but added such talks could only begin after details of Greece’s bailout program are finalized.
Though the broad outlines of the Greek bailout were agreed last Monday by the eurozone’s 19 leaders, the details are now being negotiated…
