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Lawyer to investigate significant misconduct by B.C. real estate agents Apr 2nd
VANCOUVER – The Real Estate Council of B.C. has hired a lawyer to work with private investigators in cases of significant misconduct by agents.
The council already has five staff lawyers who investigate complaints by the public and real estate agents.
Spokeswoman Marilee Peters says the range .... More »
Paying yourself first Oct 28th
There is perhaps no single piece of financial advice more frequently repeated than “pay yourself first.” And with good reason. It’s tough to grow savings if you prioritize all your spending needs and wants ahead of putting money away. While some of us fully intend to stash whatever is left at .... More »
Province Bringing in New Rules for Mortgage Brokers - VOCM + MORE Oct 21st
Province Bringing in New Rules for Mortgage Brokers VOCMNew Regulations Coming for Mortgage Broker Industry NTV News.... More »
Oaken Financial review 2020 Apr 24th
Table of contents
Who is Oaken Financial?
Oaken Financial review
Oaken Financial GICs
Oaken Financial’s High-Interest Savings Account
Is Oaken Financial right for me?
There are plenty of options for saving and investing in Canada, whether it’s via high-interest savings accounts, TFSAs, RR.... More »
COVID-19: Should you buy a home now, or wait? Jun 22nd
It almost goes without saying that COVID-19 has had a far-reaching impact on the Canadian economy and healthcare system in the first half of 2020. As expected, the spring housing market was much cooler than 2019, with the Canadian Real Estate Association (CREA) confirming that May 2020 recorded the .... More »
Drilling company PHX Energy Services cuts half of workforce, 500 jobs lost
– canadianbusiness.com
CALGARY – Calgary-based drilling company PHX Energy Services Corp. has laid off nearly 50 per cent of its workforce, putting more than 500 people out of work.
The company, which provides drilling technology and services to oil and gas companies in Canada, the United States, Albania and Russia, says most of the job cuts affected people living in Alberta.
PHX said in a statement that the layoffs were necessary due to “current market challenges and uncertainty with respect to future oil commodity prices and drilling activity.”
The job cuts, announced Thursday, came despite company-wide salary reductions earlier this year of between five and 20 per cent.
The cuts follow an Alberta government report that more than 12,700 people have lost their jobs in the province in group layoffs as of Sept. 4.
And it says more than 75 per cent of them have been in the energy sector, while the remaining 25 per cent were related to the retail, food and financial services sectors.
In Alberta, employers are required to provide notice to the province when 50 staff or more are let go…
The company, which provides drilling technology and services to oil and gas companies in Canada, the United States, Albania and Russia, says most of the job cuts affected people living in Alberta.
PHX said in a statement that the layoffs were necessary due to “current market challenges and uncertainty with respect to future oil commodity prices and drilling activity.”
The job cuts, announced Thursday, came despite company-wide salary reductions earlier this year of between five and 20 per cent.
The cuts follow an Alberta government report that more than 12,700 people have lost their jobs in the province in group layoffs as of Sept. 4.
And it says more than 75 per cent of them have been in the energy sector, while the remaining 25 per cent were related to the retail, food and financial services sectors.
In Alberta, employers are required to provide notice to the province when 50 staff or more are let go…
TSX ends week with triple-digit loss
– canoe.ca
The Toronto Stock Exchange finished the trading week with a triple-digit loss in the wake of a pessimistic report from Goldman Sachs that said crude oil prices could dip as low as US$20 a barrel next year.
Can this couple evade market volatility, invest in a bright retirement?
– theglobeandmail.com
Feeling nervous about financial markets, this couple hope to invest their mostly cash savings
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,461.47, down 108.42 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down two cents, or 1.06 per cent, to $1.86 on 29.8 million shares.
Barrick Gold Corp. (TSX:ABX). Miner. Up 21 cents, or 2.55 per cent, to $8.43 on 5.9 million shares.
First Quantum Minerals Ltd. (TSX:FM). Miner. Up seven cents, or 0.91 per cent, to $7.75 on 5.7 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Up eight cents, or 3.98 per cent, to $2.09 on 5.3 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Down one cent, or 0.10 per cent, to $9.55 on 4.2 million shares.
Kinross Gold Corp. (TSX:K). Miner. Down three cents, or 1.47 per cent, to $2.01 on 3.9 million shares.
Companies reporting major news:
BRP Inc. (TSX:DOO). Recreational vehicles. Down 23 cents, or 0.86 per cent, to $26.60 on 191,934 shares. BRP beat analyst expectations even though its net loss surged to $68.3 million from $3.6 million a year ago due to a $71…
Toronto Stock Exchange (13,461.47, down 108.42 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down two cents, or 1.06 per cent, to $1.86 on 29.8 million shares.
Barrick Gold Corp. (TSX:ABX). Miner. Up 21 cents, or 2.55 per cent, to $8.43 on 5.9 million shares.
First Quantum Minerals Ltd. (TSX:FM). Miner. Up seven cents, or 0.91 per cent, to $7.75 on 5.7 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Up eight cents, or 3.98 per cent, to $2.09 on 5.3 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Down one cent, or 0.10 per cent, to $9.55 on 4.2 million shares.
Kinross Gold Corp. (TSX:K). Miner. Down three cents, or 1.47 per cent, to $2.01 on 3.9 million shares.
Companies reporting major news:
BRP Inc. (TSX:DOO). Recreational vehicles. Down 23 cents, or 0.86 per cent, to $26.60 on 191,934 shares. BRP beat analyst expectations even though its net loss surged to $68.3 million from $3.6 million a year ago due to a $71…
ABC OnlineHungary's PM calls on EU to give $5b in aid to Syria's neighboursABC OnlineHungary's prime minister says he wants the European Union to give Syria's neighbours $5 billion in financial aid to help those displaced by the country's civil war. Key points. Hungary's PM Viktor Orban calls for $5 billion in aid to be given to Syria …Europe migrant crisis: Hungary PM calls for €3bn Syria aid packageBBC NewsHungary calls for massive aid package to stem flow of migrantsChannel News AsiaMigrant quota plan rebuffed by four European nationsStuff.co.nzThe Denver Post -Reuters -Bangkok Postall 1,547 news articles »
