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Toronto home prices not expected to bounce back till 2022 - Toronto Star Jun 23rd
Toronto home prices not expected to bounce back till 2022 Toronto StarHere's how CMHC thinks COVID-19 will impact Vancouver's real estate market CTV NewsCMHC expects uneven and uncertain recovery in country's housing market Yahoo Canada FinanceHousing market recovery.... More »
CPPIB looks to General Electric to expand U.S. reach + MORE Jun 9th
The two organizations have been negotiating since April the purchase of as much as $10-billion (U.S.) of General Electric’s financial assets
.... More »
Canada, Ontario commit millions for Honda plant upgrades to manufacture hybrid cars - CBC.ca Mar 16th
Canada, Ontario commit millions for Honda plant upgrades to manufacture hybrid cars CBC.caHonda plans $1.38-billion plant upgrade in Ontario The Globe and MailHonda Canada to upgrade Ontario plant with help from Feds, province Yahoo Canada FinanceLILLEY: Honda's inve.... More »
The cost of the average grocery bill in Canada–and how to lower yours + MORE Jan 17th
Welcome to MoneyFlex, our new column about the financial challenges Canadians are facing today. Each month, journalist and editorial assistant Margaret Montgomery will share expert insights and practical tips to help you flex your money skills—starting with how to tackle inflation’s effects on y.... More »
Should you hold on to unused RRSP contributions? + MORE Dec 4th
Ask MoneySense
I have $66,000 unused RRSP contributions for the 2023 tax year (unused deductions, not unused contributions).
My plan is to start my RRSP withdrawals in January 2025, and to start claiming the unused deductions on my 2025 taxes, when most likely it will be over $70,000. In 2025, I .... More »
Air Products CEO McGlade to retire in 2014, company names 3 independent directors in shakeup
– canadianbusiness.com
LEHIGH VALLEY, Pa. – Air Products said Thursday that its CEO will retire next year, and that it is adding three new independent directors to its 11-member board.
The company, which produces a variety of gases and related services for the energy, electronics and manufacturing sectors, is nearly 10 per cent owned by Bill Ackman’s Pershing Square hedge fund, making it Air Products’ biggest shareholder.
Air Products said that it will start a search for CEO John McGlade’s successor promptly. The board’s newly created search committee will be helped in its efforts by an executive search firm.
McGlade, who joined the company in 1976 and took the helm in 2007, will serve as chairman and CEO during the search and remain chairman for a transition period in 2014.
McGlade said in a statement that Air Products had a “constructive” talk with Pershing Square Capital Management about its plans and that the firm is supportive.
Ackman took a stake in Air Products in July, a week after the company adopted a shareholder rights plan to ward off any takeover attempts after it noticed unusual activity in its stock…
The company, which produces a variety of gases and related services for the energy, electronics and manufacturing sectors, is nearly 10 per cent owned by Bill Ackman’s Pershing Square hedge fund, making it Air Products’ biggest shareholder.
Air Products said that it will start a search for CEO John McGlade’s successor promptly. The board’s newly created search committee will be helped in its efforts by an executive search firm.
McGlade, who joined the company in 1976 and took the helm in 2007, will serve as chairman and CEO during the search and remain chairman for a transition period in 2014.
McGlade said in a statement that Air Products had a “constructive” talk with Pershing Square Capital Management about its plans and that the firm is supportive.
Ackman took a stake in Air Products in July, a week after the company adopted a shareholder rights plan to ward off any takeover attempts after it noticed unusual activity in its stock…
EADS boss calls on France, Britain to lead way on integrating European defence sector
– canadianbusiness.com
PARIS – The top executive at Airbus’ parent company, EADS, has criticized the European Union for being slow to integrate its defence industry.
Tom Enders says he’s skeptical of the outcome of the upcoming EU defence summit in December, adding that any progress will have to come from the leaders of France and Britain, not via Brussels.
Enders told reporters in Paris “we are further away from a common EU foreign and security policy than at any time in the last 20 years.”
He said Germany is unwilling to take the lead, and other countries lack the financial muscle power, “so that means France and the U.K. must lead the way.”
Enders added “How can Europe be taken seriously when it continues with the fragmentation it demonstrates today?”
The post EADS boss calls on France, Britain to lead way on integrating European defence sector appeared first on Canadian Business.
Tom Enders says he’s skeptical of the outcome of the upcoming EU defence summit in December, adding that any progress will have to come from the leaders of France and Britain, not via Brussels.
Enders told reporters in Paris “we are further away from a common EU foreign and security policy than at any time in the last 20 years.”
He said Germany is unwilling to take the lead, and other countries lack the financial muscle power, “so that means France and the U.K. must lead the way.”
Enders added “How can Europe be taken seriously when it continues with the fragmentation it demonstrates today?”
The post EADS boss calls on France, Britain to lead way on integrating European defence sector appeared first on Canadian Business.
Scotiabank’s wealth, insurance growth to come from abroad
– theglobeandmail.com
At home, seeks more financial planners
5.5 year – 2.95%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-09-16. Click on the link above to get more details or apply online.
BlackBerry has decided to cancel a conference call and webcast that had been scheduled for Friday after the release of its second-quarter financial results, which the company has already telegraphed will be dismal.
