Business Highlights + MORE Dec 5th

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Latest News
 real estate

June home sales fall 6.7%; Toronto sees third monthly decline + MORE Jul 17th

Canadian Real Estate Association says June drop from month earlier levels was biggest since 2010 .... More »

Auto insurance coverage in Ontario just changed + MORE Jun 2nd

Next time your auto insurance policy comes up for renewal, check your price: you might find it lower than expected. But before celebrating, check your coverage: you may find that’s decreased, too. The Ontario government has revamped standard auto insurance policies, which comes into effect tod.... More »

Ivanhoe Cambridge says co-working can help communities facing economic struggles + MORE Nov 20th

MONTREAL – One of North America’s largest property owners says the growing popularity of shared office spaces can inject youthful energy into traditional office towers and give hope to struggling communities. “It kind of moves you away from your father’s office building and b.... More »

How to buy Solana (SOL) in Canada Sep 25th

As cryptocurrencies become more mainstream, investors are looking beyond bitcoin and ether to get in on the action. These two coins still command the lion’s share of the $2.36-trillion global crypto market (all figures in U.S. dollars), but as they increasingly move in sync with stock markets, som.... More »
 assets

Making sense of the markets this week: January 14, 2024 Jan 12th

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. 2023 asset returns versus the last 10 years As we enter the New Year and investing columnists write their prediction col.... More »
Dramatic drop in oil prices has already prompted some energy companies to hire financial advisers to help them

Continue Reading On theglobeandmail.com »

Investors will see a quarterly payout of 20 cents a share, down from 35 cents

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Business Highlights

– canadianbusiness.com

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These retailers could use some holiday cheer
NEW YORK (AP) — The holiday shopping season is always a make-or-break period for struggling retailers.
But this year, the fight to grab shoppers has intensified, making it difficult for stores to use the season that accounts for about 20 per cent of the retail industry’s annual sales to bounce back.
Stores face cautious shoppers who are juggling stagnant wages and higher costs for food and health care. And Web-savvy customers are using information easily available on their smartphones to hold out for ever-better deals. All of that means that stores have had to discount more — and earlier — this holiday shopping season.
Ken Perkins, president of RetailMetrics LLC., a retail research firm, expects fourth-quarter earnings for the 123 retailers he tracks will rise 7.7 per cent, down from a projected 16 per cent increase in June.
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Bird’s fate shaping energy development in US West
SARATOGA, Wyo. (AP) — Efforts to conserve a struggling species of grouse that ranges across the Western U…

Continue Reading On canadianbusiness.com »

Government approves Burger King takeover of Tim HortonsA Tim Hortons restaurant located next to a Burger King restaurant in Lower Sackville, N.S. on Monday, Aug. 25, 2014. (Andrew Vaughan/CP)
OTTAWA — The federal government approved the takeover of Tim Hortons Inc. by Burger King Worldwide Inc. on Thursday after securing promises on jobs and that the coffee shop chain will remain a distinct brand.
Industry Minister James Moore signed off on the deal following a review of the agreement under the Investment Canada Act.
“The result of this transaction is this new global company, with sales of more than $23 billion annually, which will now be based in Canada,” Moore said in a statement after the close of markets on Thursday.
“Our government is pleased to see companies like Burger King investing in Canada’s economy and looking to benefit from our low taxes and open markets.”
Related post: Okay Canada, it’s time for the hard truth about Tim Hortons 
As part of the approval, the company has agreed to maintain the existing employment levels at Tim Hortons franchises across Canada and expand in the U…

Continue Reading On macleans.ca »

Canadian energy shares drop 5 per cent as standoff among global producers continues to hit crude prices, Alberta industry

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