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Loblaw closing 22 stores, launching home delivery ahead of ‘difficult year’ + MORE Nov 15th
VANCOUVER _ Loblaw Companies Ltd. is closing 22 stores and launching home delivery in two major Canadian cities, ahead of what it believes will be a challenging new year.
The grocery and pharmacy giant has finalized a plan that will result in the closure of 22 unprofitable stores across a range of i.... More »
Ruchir Sharma: China's Illusory Growth Numbers + MORE Oct 31st
Huge new flows of credit and public investment are delaying needed reforms and inflating a real estate bubble..... More »
Finding Balance: Q&A with author Andrew Hallam Feb 23rd
Andrew Hallam’s story is the stuff of personal-finance legend. Through a combination of frugal living and prudent investing, he amassed a millionaire-dollar fortune by the age of 36, while working as a schoolteacher. In 2011, he published Millionaire Teacher: The Nine Rules of Wealth You Should Ha.... More »
Unifor and Fiat Chrysler avert strike, reach tentative agreement - The Globe and Mail + MORE Oct 11th
The Globe and MailUnifor and Fiat Chrysler avert strike, reach tentative agreementThe Globe and MailNegotiators for Unifor and Fiat Chrysler Automobiles NV reached a last-minute tentative agreement, averting a strike by about 10,000 auto workers that would have shut down the company's two Canad.... More »
Fed Chair Yellen resists giving some documents ordered by lawmaker in probe of possible leak + MORE Jun 5th
WASHINGTON – Federal Reserve Chair Janet Yellen is balking at turning over some of the documents ordered by a key House lawmaker in his investigation of a possible leak of market-sensitive information.
Yellen has told Rep. Jeb Hensarling, R-Texas, who heads the House Financial Services Committ.... More »
Traders to focus on earnings reports from wide variety of Canadian corporations
– canadianbusiness.com
TORONTO – Traders will turn their attention to a slew of earnings spanning several sectors this week but expectations are muted for the resource stocks that make up such a large portion of Canada’s markets.
The Toronto Stock Exchange finished last week up 223 points or 1.8 per cent, the fourth consecutive week of increases. The S&P/TSX composite is now up two per cent for the year to date.
The TSX and other markets have found lift from a steadily improving U.S. economic climate, seen most recently in a strong U.S. manufacturing report and data that signalled job creation has done better than expected.
Earnings at U.S. companies have also, for the most part, shown more positive surprises than disappointments.
Andrew Pyle, senior wealth advisor and portfolio manager for ScotiaMcLeod in Peterborough, Ont., observed that three-quarters of U.S. companies that have reported so far have beat earnings expectations.
“We’ve actually seen decent activity in the U.S.,” Pyle said…
The Toronto Stock Exchange finished last week up 223 points or 1.8 per cent, the fourth consecutive week of increases. The S&P/TSX composite is now up two per cent for the year to date.
The TSX and other markets have found lift from a steadily improving U.S. economic climate, seen most recently in a strong U.S. manufacturing report and data that signalled job creation has done better than expected.
Earnings at U.S. companies have also, for the most part, shown more positive surprises than disappointments.
Andrew Pyle, senior wealth advisor and portfolio manager for ScotiaMcLeod in Peterborough, Ont., observed that three-quarters of U.S. companies that have reported so far have beat earnings expectations.
“We’ve actually seen decent activity in the U.S.,” Pyle said…
Canada’s municipalities may be unlikely to face the same fate as Detroit, which became the largest U.S. city to file for bankruptcy, but the financial fall of Motor City carries lessons for towns and cities here, experts say.4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
