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Maple Leaf to spin off a publicly traded company Jul 10th
This little piggy is going to market.
Maple Leaf Foods (MFI/TSX) is spinning off its pork business into a new publicly traded company, the firm announced Tuesday. It’s something that’s been in the works for a little while, but the time is now right, said chief executive Curtis Frank in an.... More »
Energy sector weighs on Canadian markets as oil drops below US$70 a barrel May 26th
Canada's main stock index continued to fall Friday as the price for oil moved below US$70 a barrel and further dragged down the important energy sector..... More »
Ottawa puts $200M into space launch pad in Nova Scotia - CBC + MORE Mar 17th
Ottawa puts $200M into space launch pad in Nova Scotia CBCHistoric $200 million investment positions Nova Scotia spaceport as cornerstone of Canada’s defence capabilities canada.caOttawa investing $200-million in Nova Scotia spaceport to enable sovereign satellite launches&nb.... More »
The End: Betiana Namambwe Mubili, 1988-2017 + MORE Oct 18th
Betiana Mubili.
Betiana Namambwe Mubili, whom everyone called Betty, was born on April 14, 1988, in Kitwe, Zambia. Her father, Viktor, left for England on a two-year engineering scholarship shortly after. While he was gone, her 17-year-old mother, Betsy, married another man.
Betty could be a feisty,.... More »
RRSP or TFSA? Here’s the simple and definitive answer Jan 14th
Should you save for retirement in an RRSP or a TFSA? For many high earners, an RRSP is your best bet, writes David Aston.... More »
North American stock market indexes jumped Monday after Hurricane Irma weakened without causing as much damaged as feared.
Canadian farmers held record amount of debt in 2016 relative to total asset value
– theglobeandmail.com
While Farm Credit Canada is confident the industry’s financial resilience remains healthy, many challenges remain
Toronto and U.S. stock markets rally after Irma damage less than expected
– canadianbusiness.com
TORONTO _ North American stock market indexes jumped today after hurricane Irma weakened without causing as much damage as feared.
The S&P/TSX composite index was up 54.98 points to 15,040.30, with most sectors rallying.
In New York, the Dow Jones industrial average soared 259.58 points to 22,057.37. The S&P 500 index was up 26.68 points to 2,488.11 and the Nasdaq composite index climbed 72.07 points to 6,432.26.
In another sign investors were willing to take more risks, the December gold contract fell $15.50 to US$1,335.70 an ounce.
The Canadian dollar was trading at an average price of 82.45 cents US, up 0.02 of a U.S. cent.
Elsewhere in commodities, the October crude contract advanced 59 cents to US$48.07 per barrel. The October natural gas contract gained six cents to US$2.95 per mmBTU and the December copper contract added two cents to US$3.07 a pound.
The post Toronto and U.S. stock markets rally after Irma damage less than expected appeared first on Canadian Business – Your Source For Business News.
The S&P/TSX composite index was up 54.98 points to 15,040.30, with most sectors rallying.
In New York, the Dow Jones industrial average soared 259.58 points to 22,057.37. The S&P 500 index was up 26.68 points to 2,488.11 and the Nasdaq composite index climbed 72.07 points to 6,432.26.
In another sign investors were willing to take more risks, the December gold contract fell $15.50 to US$1,335.70 an ounce.
The Canadian dollar was trading at an average price of 82.45 cents US, up 0.02 of a U.S. cent.
Elsewhere in commodities, the October crude contract advanced 59 cents to US$48.07 per barrel. The October natural gas contract gained six cents to US$2.95 per mmBTU and the December copper contract added two cents to US$3.07 a pound.
The post Toronto and U.S. stock markets rally after Irma damage less than expected appeared first on Canadian Business – Your Source For Business News.
Campus life at the University of Toronto. (Photograph by Andrew Tolson)Alisha Gordon, an Indigenous undergraduate at the University of Calgary, will have less than $1,000 in student debt at the end of her four-year degree. Like many students in Canada, she’s benefitted from the federal and provincial governments’ efforts to reduce the cost of an education. Gordon received a grant for low-income students from the Alberta government as well as the Indigenous Careers Award to help pay for her final year of tuition. This, together with the Belcourt Brosseau Métis Award—which covers nearly 90 per cent of her tuition and post-secondary fees every year—will allow her to graduate with a limited financial burden. “My parents are deceased, and I have younger brothers, so for me, being in debt is something that really stresses me out,” says Gordon.
Earning a post-secondary education means a financial strain for many Canadians. Approximately 50 per cent report having student debt, according to a 2015 survey by the Canadian University Survey Consortium…
