How to go about securing the best return for your investment in Canada.
Latest News
Canadian home sales gain ground in September, but down from year ago mark + MORE Oct 14th
OTTAWA _ The number of homes sold in September climbed for the second month in a row after a slowdown earlier this year that was led by a cooling in the Toronto market.
Canadian Real Estate Association said Friday sales through its Multiple Listing Service in September were up 2.1 per cent compared .... More »
Trump's Russian Money + MORE Jan 24th
The big carrot in U.S. relations has been access to Western banks and real estate..... More »
Enerplus selling non-core assets in northwest Alberta for $95.5M in cash + MORE Apr 12th
CALGARY – Enerplus Corp. (TSX:ERF) says it has an agreement to sell some non-core assets in northwest Alberta, including its Pouce Coupe asset, for about $95.5 million in cash.
The deal, subject to closing adjustments, is expected to be completed in the second quarter.
Enerplus says it is usin.... More »
Making sense of the markets this week: August 21 Aug 19th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
U.S. retailers: People are spending differently, but they’re still spending
Readers of “Making sense of the markets” might re.... More »
Canadians to see lower fees and simpler account transfers + MORE Nov 6th
Ottawa plans to make it easier for Canadians to move their banking and investment accounts in a bid to increase competition and reduce costs for consumers. The government said as part of Tuesday’s federal budget, it will move to eliminate investment and registered account transfer fees, which .... More »
St. Lawrence Seaway banks on El Nino, economy after traffic falls 10 per cent
– theglobeandmail.com
CEO Terence Bowles had anticipated growing global demand for this shipping season, but ultimately the key transportation corridor couldn’t sustain the big upswing since the 2008 financial crash
Asia stocks mostly lower as investors await Fed rate decision later this week, Europe rebounds
– canadianbusiness.com
BEIJING, China – Asian stock markets were mostly lower Monday as investors awaited the U.S. Federal Reserve’s decision this week on raising interest rates for the first time since the financial crisis. European markets rebounded.
KEEPING SCORE: In early trading, Germany’s DAX added 0.9 per cent to 10,437.18 and France’s CAC-40 advanced 1.1 per cent to 4,602.92. Britain’s FTSE 100 gained 1 per cent to 6,009.46. On Friday, the DAX lost 2.4 per cent, Britain’s FTSE 100 dropped 2.2 per cent and the CAC 40 shed 1.8 per cent. Wall Street looked set for gains. Dow futures were up 0.7 per cent at 17,297.00. S&P 500 futures gained 0.8 per cent to 2,017.10.
FED DECISION: Investors are transfixed by the upcoming Fed announcement Wednesday on whether it will raise a key interest rate that has been held near zero since the 2008 global crisis. Low rates have helped to boost stock prices. Chairwoman Janet Yellen and other Fed officials have indicated employment, inflation and other indicators appear to be headed in the right direction to allow a hike…
KEEPING SCORE: In early trading, Germany’s DAX added 0.9 per cent to 10,437.18 and France’s CAC-40 advanced 1.1 per cent to 4,602.92. Britain’s FTSE 100 gained 1 per cent to 6,009.46. On Friday, the DAX lost 2.4 per cent, Britain’s FTSE 100 dropped 2.2 per cent and the CAC 40 shed 1.8 per cent. Wall Street looked set for gains. Dow futures were up 0.7 per cent at 17,297.00. S&P 500 futures gained 0.8 per cent to 2,017.10.
FED DECISION: Investors are transfixed by the upcoming Fed announcement Wednesday on whether it will raise a key interest rate that has been held near zero since the 2008 global crisis. Low rates have helped to boost stock prices. Chairwoman Janet Yellen and other Fed officials have indicated employment, inflation and other indicators appear to be headed in the right direction to allow a hike…
Cuba’s capacity limited by few firms, little infrastructure and lots of tourists
– theglobeandmail.com
Much-heralded process of economic reform is under way and foreign investment laws were made significantly more favourable earlier this year, yet the level of building pales in comparison to the size of the demand, in tourism and other sectors of the Latin American country
China’s Alibaba pays $266M for Hong Kong’s South China Morning Post newspaper
– canadianbusiness.com
HONG KONG – The publisher of Hong Kong’s South China Morning Post says China’s Alibaba is buying the English-language newspaper for 2.06 billion Hong Kong dollars ($266 million).
SCMP Group revealed the sale price Monday in a filing to the Hong Kong stock exchange. The deal was announced on Friday but no amount was given for the transaction.
The sale of the 112-year paper, which has a wide international following for its China coverage, has stirred concern that its reporting would be softened under the ownership of a Chinese company.
The deal is latest media-related acquisition for Alibaba as it diversifies beyond its core business of online shopping.
The SCMP said in its filing that traditional publishing has an uncertain future and a new owner will be able to unlock greater value.
The post China’s Alibaba pays $266M for Hong Kong’s South China Morning Post newspaper appeared first on Canadian Business – Your Source For Business News.
SCMP Group revealed the sale price Monday in a filing to the Hong Kong stock exchange. The deal was announced on Friday but no amount was given for the transaction.
The sale of the 112-year paper, which has a wide international following for its China coverage, has stirred concern that its reporting would be softened under the ownership of a Chinese company.
The deal is latest media-related acquisition for Alibaba as it diversifies beyond its core business of online shopping.
The SCMP said in its filing that traditional publishing has an uncertain future and a new owner will be able to unlock greater value.
The post China’s Alibaba pays $266M for Hong Kong’s South China Morning Post newspaper appeared first on Canadian Business – Your Source For Business News.
Bank of Japan ‘tankan’ survey shows business conditions stable, but outlook bleaker
– canadianbusiness.com
TOKYO – A Japanese central bank survey shows sentiment among big manufacturers is steady, though companies in all sectors expect conditions to deteriorate in the coming months.
The Bank of Japan’s “tankan” survey, released Monday, remained at 12 as of December, unchanged from September. The tankan measures corporate sentiment by subtracting the number of companies saying business conditions are negative from those responding they are positive.
The reading for non-manufacturers was 25, also unchanged from September, the survey said. However the number of companies anticipating worse conditions in the coming quarter outnumbered those expecting improvements, with figures of minus 5 for manufacturers and minus 7 for non-manufacturers.
A total of 10,971 companies responded to the survey.
The survey for the coming quarter showed both manufacturers and other companies were pessimistic about the outlook for sales and for investment in the world’s third-largest economy…
The Bank of Japan’s “tankan” survey, released Monday, remained at 12 as of December, unchanged from September. The tankan measures corporate sentiment by subtracting the number of companies saying business conditions are negative from those responding they are positive.
The reading for non-manufacturers was 25, also unchanged from September, the survey said. However the number of companies anticipating worse conditions in the coming quarter outnumbered those expecting improvements, with figures of minus 5 for manufacturers and minus 7 for non-manufacturers.
A total of 10,971 companies responded to the survey.
The survey for the coming quarter showed both manufacturers and other companies were pessimistic about the outlook for sales and for investment in the world’s third-largest economy…
