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Lowe’s forecasts 2017 sales ahead of estimates; shares rise + MORE Mar 1st
Home improvement retailer’s quarterly earnings climb to $663-million, from $11-million, a year earlier
.... More »
Stop calling Canada's latest big idea a sovereign wealth fund | About That - CBC + MORE May 1st
Stop calling Canada's latest big idea a sovereign wealth fund | About That CBCOpinion: Should debt-ridden Canada really be borrowing $25-billion to invest more? The Globe and MailPrime Minister Carney announces the Canada Strong Fund – Canada’s first sovereign wealth fund&n.... More »
TSX falls to lowest point in 2 years as oil and other commodity prices keep sliding + MORE Sep 29th
Canada's benchmark stock index lost 2.8 per cent on another bleak day for commodities like oil, gold and copper..... More »
Hillary Clinton and the two-for-one presidency + MORE May 17th
Hillary Rodham Clinton is met on stage by her husband, former President Bill Clinton, during a campaign rally on Roosevelt Island in New York, June 13, 2015. (Doug Mills/The New York Times/Redux)
HOPKINSVILLE, Ky. — The notion of a 2-for-1 Clinton presidency is back.
Recalling sunnier days of grow.... More »
Elon Musk says talking to Saudi fund, others on Tesla buyout Aug 13th
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5.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-28. Click on the link above to get more details or apply online.
Caisse sells Empress Hotel in Victoria; purchase price not disclosed
– canadianbusiness.com
VICTORIA, Minn. – Ivanhoe Cambridge, the real estate arm of Quebec pension fund manager the Caisse de depot, has sold The Empress Hotel in Victoria to real estate developer Nat Bosa and his wife Flora.
Cushman & Wakefield, which acted on behalf of Ivanhoe Cambridge, did not disclose the sale price in making the announcement Thursday.
“The Empress is one of the great hotels — truly a national treasure,” said Curtis Gallagher, vice president of hotel investments for Cushman & Wakefield. “It is beyond being just an asset — it is a landmark and we’re pleased that we’ve found buyers who appreciate the hotel for what it is.”
The Empress, which opened in 1908 as a railway hotel servicing the Canadian Pacific’s steamship line, has 477 rooms, four restaurants and a conference facility, which was added in 1989.
The deal is the latest to be announced by the Caisse, which said back in May that it was getting out of the hotel business except for three luxury locations in its home province…
Cushman & Wakefield, which acted on behalf of Ivanhoe Cambridge, did not disclose the sale price in making the announcement Thursday.
“The Empress is one of the great hotels — truly a national treasure,” said Curtis Gallagher, vice president of hotel investments for Cushman & Wakefield. “It is beyond being just an asset — it is a landmark and we’re pleased that we’ve found buyers who appreciate the hotel for what it is.”
The Empress, which opened in 1908 as a railway hotel servicing the Canadian Pacific’s steamship line, has 477 rooms, four restaurants and a conference facility, which was added in 1989.
The deal is the latest to be announced by the Caisse, which said back in May that it was getting out of the hotel business except for three luxury locations in its home province…
Billions of unclaimed dollars available for recovery by Canadians
– theglobeandmail.com
Experts estimate unclaimed assets across the country could top $4-billion to $7-billion.
BlackBerry has agreed to sell its German-based research and development assets to a subsidiary of Volkswagen that deals with how modern cars interact with the driver and the world around them.
The close: Dow breezes past 17,000 but TSX slips
– theglobeandmail.com
U.S. jobs numbers blow past expectations, but gold stocks hold back Toronto stocks
