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Burcon Nutrascience posts third-quarter loss of $1.2 million + MORE Feb 12th
VANCOUVER – VANCOUVER, British Columbia (AP) _ Burcon Nutrascience Corp. (BUR) on Friday reported a loss of $1.2 million in its fiscal third quarter.
The Vancouver, British Columbia-based company said it had a loss of 4 cents per share.
The developer of plant proteins for the food industry pos.... More »
Amid trade uncertainty, a hard-to-measure investment chill Feb 18th
Delayed plant openings, shelved equipment purchases and the quiet exodus of production pose are problems we are ignoring
.... More »
Beyond Meat burgers part of falling Tim Hortons sales - CTV News + MORE Oct 28th
Beyond Meat burgers part of falling Tim Hortons sales CTV NewsTim Hortons’ surprise slump in drink and lunch sales drags down RBI earnings Financial PostRestaurant Brands earnings: Tim Hortons dips, Burger King and Popeyes see growth CBC.caTim Hortons sales drop un.... More »
Rachel Notley says panel report on oil royalties still weeks away + MORE Jan 11th
EDMONTON – The results of Alberta’s royalty review have now been put off for a few more weeks — but critics say time is of the essence.
“We said (from the beginning) that a review shouldn’t be done at all, but if it was done it needed to be over very quickly,” Wildros.... More »
Toronto house prices soar in September + MORE Oct 5th
TORONTO – Housing sales in the Toronto area continued to soar last month, with the average price rising 20.4 per cent from September last year to $755,755, the Toronto Real Estate Board reported Wednesday.
The price increases came as the number of transactions in the Greater Toronto Area rose 21.5.... More »
Business Highlights
– canadianbusiness.com
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Cyber Monday sales still on top, but losing some lustre
NEW YORK (AP) — Shoppers traded bricks for clicks on Monday, flocking online to snap up “Cyber Monday” deals.
However, the 10-year-old shopping holiday has lost some of its lustre as online sales on Thanksgiving and Black Friday have increased. But enough shoppers have been trained to look for “Cyber Monday” specific sales to ensure the holiday will still mean big bucks for retailers.
It’s too early for sales figures, but Monday is still expected to be the biggest online shopping day ever, likely racing up more than $3 billion in sales, according to comScore.
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IMF adds China’s yuan to basket of top currencies
WASHINGTON (AP) — The Chinese yuan will join a basket of the world’s leading currencies, the International Monetary Fund announced Monday.
The yuan will joins the U.S. dollar, euro, Japanese yen and the British pound as one of the currencies used for the global organization’s Special Drawing Rights, which serves as a standard for dealing with the financial reserves of its 188 member governments…
Cyber Monday sales still on top, but losing some lustre
NEW YORK (AP) — Shoppers traded bricks for clicks on Monday, flocking online to snap up “Cyber Monday” deals.
However, the 10-year-old shopping holiday has lost some of its lustre as online sales on Thanksgiving and Black Friday have increased. But enough shoppers have been trained to look for “Cyber Monday” specific sales to ensure the holiday will still mean big bucks for retailers.
It’s too early for sales figures, but Monday is still expected to be the biggest online shopping day ever, likely racing up more than $3 billion in sales, according to comScore.
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IMF adds China’s yuan to basket of top currencies
WASHINGTON (AP) — The Chinese yuan will join a basket of the world’s leading currencies, the International Monetary Fund announced Monday.
The yuan will joins the U.S. dollar, euro, Japanese yen and the British pound as one of the currencies used for the global organization’s Special Drawing Rights, which serves as a standard for dealing with the financial reserves of its 188 member governments…
5 things snowbirds should do to stay in the U.S.
– moneysense.ca
The U.S. government has a better idea than ever of how long you’ve been in the country, now that border officials routinely photograph your license plate and exchange information with Canadian authorities. “If you were able to bend the rules in the past, it ain’t going to fly any more,” says Terry Ritchie, a cross-border financial expert with Cardinal Point Wealth Management Inc. and co-author of The Canadian Snowbird in America (an updated edition is expected this Spring). Here are a few ways to stay in Uncle Sam’s good books.
A guide to achieving the snowbird lifestyle »
1. Keep count: 182 days
That’s how many days you’re allowed to stay in the U.S. during a calendar year on a visitor’s visa. In fact, the Canadian Snowbird Association suggests you avoid being in the U.S. longer than 182 days in any rolling 12-month period, to avoid contravening a common interpretation of the rule. Otherwise, you could be barred from re-entering the U.S.
2. Carry a “border binder”
Keep dates and locations of all your border crossings in a file, along with copies of property tax statements, utility bills and your most recent tax return should you need to provide evidence that your permanent home is in Canada…
A guide to achieving the snowbird lifestyle »
1. Keep count: 182 days
That’s how many days you’re allowed to stay in the U.S. during a calendar year on a visitor’s visa. In fact, the Canadian Snowbird Association suggests you avoid being in the U.S. longer than 182 days in any rolling 12-month period, to avoid contravening a common interpretation of the rule. Otherwise, you could be barred from re-entering the U.S.
2. Carry a “border binder”
Keep dates and locations of all your border crossings in a file, along with copies of property tax statements, utility bills and your most recent tax return should you need to provide evidence that your permanent home is in Canada…
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,469.83, up 101.59 points):
Element Financial Corp. (TSX:EFN). Financial Services. Down 34 cents, or 1.95 per cent, to $17.10 on 17 million shares.
TransAlta Corp. (TSX:TA). Utilities. Down 19 cents, or 3.42 per cent, to $5.37 on 14.1 million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Down 13 cents, or 2.29 per cent, to $5.55 on 12.6 million shares.
Enerplus Corp. (TSX:ERF). Oil and gas. Down 13 cents, or 1.94 per cent, to $6.56 on 10.7 million shares.
Seven Generations Energy Ltd. (TSX:VII). Oil and gas. Up 62 cents, or 4.12 per cent, to $15.67 on 9.8 million shares.
Eldorado Gold Corp. (TSX:ELD). Miner. Up 12 cents, or 3.02 per cent, to $4.09 on 8.9 million shares.
Companies reporting major news:
Canadian Oil Sands Ltd. (TSX:COS). Oil and gas. Up 23 cents, or 2.76 per cent, to $8.56 on 2.9 million shares. The Alberta Securities Commission issued a compromise ruling after markets closed saying COS can stall a hostile takeover bid by oilsands behemoth Suncor Energy (up 62 cents, or 1…
Toronto Stock Exchange (13,469.83, up 101.59 points):
Element Financial Corp. (TSX:EFN). Financial Services. Down 34 cents, or 1.95 per cent, to $17.10 on 17 million shares.
TransAlta Corp. (TSX:TA). Utilities. Down 19 cents, or 3.42 per cent, to $5.37 on 14.1 million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Down 13 cents, or 2.29 per cent, to $5.55 on 12.6 million shares.
Enerplus Corp. (TSX:ERF). Oil and gas. Down 13 cents, or 1.94 per cent, to $6.56 on 10.7 million shares.
Seven Generations Energy Ltd. (TSX:VII). Oil and gas. Up 62 cents, or 4.12 per cent, to $15.67 on 9.8 million shares.
Eldorado Gold Corp. (TSX:ELD). Miner. Up 12 cents, or 3.02 per cent, to $4.09 on 8.9 million shares.
Companies reporting major news:
Canadian Oil Sands Ltd. (TSX:COS). Oil and gas. Up 23 cents, or 2.76 per cent, to $8.56 on 2.9 million shares. The Alberta Securities Commission issued a compromise ruling after markets closed saying COS can stall a hostile takeover bid by oilsands behemoth Suncor Energy (up 62 cents, or 1…
Debt is another four-letter word for most of us
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.A while back on this site I wrote about my distaste for debt. For example, our bank owns close to half our home. Sure, there is “good debt” such as borrowing money for an appreciating asset (like a house) but a mortgage limits our cash flow for investment purposes, even with the low mortgage interest rates of today. Debt payments limit some of our options on how we can spend our money and therefore our time. Without debt, our income could be used to buy more appreciating assets (like more dividend paying stocks or equity ETFs) to fund our financial future. Instead, a good portion of our income services debt today. With debt we pay other people first.
Recently Statistics Canada announced that the ratio of household debt to disposable income in households rose to record levels. Credit cards are the usual suspects when it comes to debt, with mortgages and lines of credit along for the ride. I suspect it’s easy for folks to fall behind on debt payments because using credit is just so damn easy…
Aurcana posts 3rd-quarter loss of $6.5 million
– canadianbusiness.com
VANCOUVER – VANCOUVER, British Columbia (AP) _ Aurcana Corp. (AUNFF) on Monday reported a loss of $6.5 million in its third quarter.
The Vancouver, British Columbia-based company said it had a loss of 8 cents per share. Losses, adjusted for asset impairment costs, were 6 cents per share.
The silver, copper and zinc mining company posted revenue of $6.8 million in the period.
In the final minutes of trading on Monday, the company’s shares hit 7 cents. A year ago, they were trading at 27 cents.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AUNFF at http://www.zacks.com/ap/AUNFF
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Keywords: Aurcana, Earnings Report
The post Aurcana posts 3rd-quarter loss of $6.5 million appeared first on Canadian Business – Your Source For Business News.
The Vancouver, British Columbia-based company said it had a loss of 8 cents per share. Losses, adjusted for asset impairment costs, were 6 cents per share.
The silver, copper and zinc mining company posted revenue of $6.8 million in the period.
In the final minutes of trading on Monday, the company’s shares hit 7 cents. A year ago, they were trading at 27 cents.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AUNFF at http://www.zacks.com/ap/AUNFF
_____
Keywords: Aurcana, Earnings Report
The post Aurcana posts 3rd-quarter loss of $6.5 million appeared first on Canadian Business – Your Source For Business News.
