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Hedging against inflation with dividend-paying stocks + MORE Apr 1st
Dividend-paying stocks typically don’t get much attention, but that’s changing as investors look for ways to protect their wealth in the face of market turbulence and inflation. Investing in dividend-paying stocks is one proven way to both grow your portfolio and cushion it against loss. That’.... More »
Toronto real estate board calls on Ottawa to revisit mortgage stress test - 680 News Feb 6th
Toronto real estate board calls on Ottawa to revisit mortgage stress test 680 NewsToronto Real Estate Board urges OSFI to 'revisit' stress tests BNNBloomberg.caToronto home sales expected to rebound, but mortgage rules need review: TREB The Globe and MailToronto area.... More »
Why tax season is turning into a debt trap for Canadians (and how to avoid it) + MORE Apr 2nd
If you typically carry a credit card balance, you’re in good company. The recent Study of the Canadian Consumer (Winter 2026) by Vividata shows that more than 1 in 3 Canadians (36%) usually have a credit card balance from month to month. What’s striking, however, is the study’s finding that 49.... More »
Canadian home resale prices up in July, with weakness appearing in Toronto market + MORE Aug 14th
Canadian home prices rose two per cent in July from the month before, driven by the strongest real estate markets, but homes other than condos saw their sale prices decrease, according to the Teranet-National Bank House Price Index..... More »
Itau Unibanco to buy Citibank’s assets in Brazil Oct 8th
SAO PAULO – Brazil’s largest private bank says it will pay more than $200 million for the retail assets of Citibank in Latin America’s biggest country.
Itau Unibanco said Saturday in a securities filing that it will pay 710 million reals ($220 million) for all of Citibank’s r.... More »
BlackBerry to end internal hardware development
– macleans.ca
REUTERS/Mark Blinch – RTX1HRYWWATERLOO, Ont. — BlackBerry says it plans to end all internal hardware development _ signalling a strategic shift for a company that built its reputation on innovative smartphone technology created at its base in Waterloo, Ont.
The hardware development work will be outsourced to BlackBerry’s partners.
The move was announced by BlackBerry chairman and CEO John Chen as the company issued its latest financial report this morning.
He says that ending internal hardware development will reduce BlackBerry’s capital requirements and enhance return on invested capital.
BlackBerry says it had a US$372 million net loss in the three months ended Aug. 31, equivalent to 71 cents per share, but broke even after excluding certain items.
Revenue, which is reported in U.S. dollars, was $334 million or $352 million after adjustments that was below analyst estimates of $391.75 million.
The post BlackBerry to end internal hardware development appeared first on Macleans…
Quebec newspapers seek government help to ensure survival
– canadianbusiness.com
MONTREAL – Several newspaper publishers in Quebec have formed a coalition to demand that the provincial government establish a funding program to help them shift to digital.
The coalition says its members are all confronted with declining revenue, in part because advertising money has flowed toward social media platforms.
To help the print media, the coalition is asking the province to set up a five-year temporary financial assistance program for newspapers and to abolish the sales tax on newspapers sold.
It also seeks a refundable tax credit covering 40 per cent of the production costs and 50 per cent of their investments in digital platforms.
The coalition also wants a “significant increase” in the government budget for advertising in Quebec newspapers as they go through what Groupe Capitales Medias president and CEO Claude Gagnon calls a “profound re-examination” of their business models.
Brian Myles, the director of Montreal’s Le Devoir newspaper, says the group wants the government to grant a “cultural exception” for the province’s print news industry, arguing daily and weekly newspapers are “vital to preserving a diversity of media voices” and enriching debate in the province…
The coalition says its members are all confronted with declining revenue, in part because advertising money has flowed toward social media platforms.
To help the print media, the coalition is asking the province to set up a five-year temporary financial assistance program for newspapers and to abolish the sales tax on newspapers sold.
It also seeks a refundable tax credit covering 40 per cent of the production costs and 50 per cent of their investments in digital platforms.
The coalition also wants a “significant increase” in the government budget for advertising in Quebec newspapers as they go through what Groupe Capitales Medias president and CEO Claude Gagnon calls a “profound re-examination” of their business models.
Brian Myles, the director of Montreal’s Le Devoir newspaper, says the group wants the government to grant a “cultural exception” for the province’s print news industry, arguing daily and weekly newspapers are “vital to preserving a diversity of media voices” and enriching debate in the province…
BlackBerry to end internal hardware development, work to be outsourced
– canadianbusiness.com
WATERLOO, Ont. – BlackBerry says it plans to end all internal hardware development — signalling a strategic shift for a company that built its reputation on innovative smartphone technology created at its base in Waterloo, Ont.
The hardware development work will be outsourced to BlackBerry’s partners.
“We are reaching an inflection point with our strategy,” BlackBerry chairman and CEO John Chen said in a statement.
“The company plans to end all internal hardware development and will outsource that function to partners. This allows us to reduce capital requirements and enhance return on invested capital.”
The move is part of Chen’s efforts to turn around the company, once a highly profitable global leader in smartphone technology that has been displaced by products from Apple, Samsung and others.
The company’s stock rose slightly in pre-market trading after the announcement. BlackBerry stock traded at US$8.18 per share about 90 minutes before regular trading began, up about four per cent from Tuesday’s close at Nasdaq…
The hardware development work will be outsourced to BlackBerry’s partners.
“We are reaching an inflection point with our strategy,” BlackBerry chairman and CEO John Chen said in a statement.
“The company plans to end all internal hardware development and will outsource that function to partners. This allows us to reduce capital requirements and enhance return on invested capital.”
The move is part of Chen’s efforts to turn around the company, once a highly profitable global leader in smartphone technology that has been displaced by products from Apple, Samsung and others.
The company’s stock rose slightly in pre-market trading after the announcement. BlackBerry stock traded at US$8.18 per share about 90 minutes before regular trading began, up about four per cent from Tuesday’s close at Nasdaq…
Avoid the kitchen renovation with these smart hacks
– moneysense.ca
(Flickr/Fieldstone Cabinetry)Frustrated by an unorganized kitchen. Rather than ripping out your cabinets, to install customized drawers and shelves—a solution that can add thousands to your remodel budget—consider a few of these after-market solutions.
By using or modifying a few off-the-shelf solutions, you not only keep the costs for organizing your cook space to a minimum—as little as $13 for a pot holders—but the hacks also make your kitchen more efficient and much safer, as well.
For more kitchen renovation tips, see our Ultimate kitchen renovation guide »
Ask a Real Estate Expert: Ask our experts your property or real estate question »
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Read more from Romana King at Home Owner on Facebook »
The post Avoid the kitchen renovation with these smart hacks appeared first on MoneySense.
CBC.caBlackBerry to exit hardware business, posting $372M loss in quarterCBC.caBlackBerry Ltd will outsource manufacturing of its once-core hardware, including its flagship smartphone, the Waterloo-Ont.-based company said on Wednesday as it reported another loss and sharp drop in revenue. The company also said chief financial …BlackBerry to end internal hardware development after $372M Q2 net lossMobileSyrup.comBlackBerry to end internal hardware development, outsource functionCTV NewsBlackBerry exits hardware business after another quarterly lossITBusiness.caAm980 London News -Stockhouse -The Verge -CNETall 167 news articles »
