Callidus Capital denies it is subject to whistle-blower complaints + MORE Aug 10th

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Financial aid is rarely an after-thought, but student debt is often a bigger problem than most university and college students in Canada anticipate. Rising tuition fees and expenses of going to college or university have become increasingly large burdens to bear for students—many of whom are alrea.... More »
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U.S. stocks approach their all-time high as oil prices tumble - BNN Bloomberg + MORE Jun 24th

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Home construction in Canada picked up last month, driven by British Columbia and Alberta, defying expectations that homebuilding activity would cool down.
The seasonally adjusted annual rate of housing starts rose to 222,324 units in July, up from 212,948 in June, Canada Mortgage and Housing Corp. said Wednesday.
The ramp-up likely reflects strong demand for new housing from the end of last year into the start of this year, TD Bank economist Diana Petramala said, adding that the new construction market tends to lag real estate demand, which has started to fall.
Petramala said regulatory changes over the past year including tougher mortgage qualification rules have prompted a shift for some first-time homebuyers from existing homes to cheaper, newly built dwellings.
“Some of the momentum could potentially carry forward into the second half of the year before new home construction eases along with the existing home market next year,” she said.
Last month, the Canadian Real Estate Association reported that national home sales figures in June posted their largest monthly drop in seven years…

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If gold miner were to give a large amount of cash to shareholders it could pressure its peers who are favouring paying down debt

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Two of Canada’s biggest insurers benefited in part from strong growth in Asia

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Callidus Capital Corp. and its parent, Catalyst Capital Group, are reported to have inflated the value of assets and deceived borrowers on the terms of loans

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Major North American indexes fell today and investors flocked to gold amid growing tensions between the U.S. and North Korea.
The Toronto Stock Exchange’s S&P/TSX composite index was down 39.02 points to 15,217.33 in a broad-based decline that saw many sectors finish in the red while bullion stocks surged nearly 1.9 per cent.
The December gold contract was ahead $16.70 to US$1,279.30 an ounce.
The precious metal is usually seen as a safe haven to investors at a time of geopolitical uncertainty.
With U.S. President Donald Trump warning North Korea of “fire and fury,” some investors have become concerned that the war of words between the two countries could escalate.
In New York, the Dow Jones industrial average fell 36.64 points to 22,048.70, the S&P 500 index inched down 0.90 of a point to 2,474.02 and the Nasdaq composite index lost 18.13 points to 6,352.33.
The Canadian dollar was trading at an average price of 78.71 cents US, down 0.20 of a U.S. cent.
Elsewhere in commodities, the September crude contract was up 39 cents to US$49…

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