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Canadian bank earnings reports Dec 6th
The Big Six banks in Canada reported on their earnings this week. Here are the takeaways, including revenue, prices and dividends.
Canadian bank earnings highlights
Here’s how Canadian banks performed in the three months ending October 31st, 2024:
BMO Financial Group (BMO/TSX): Adjusted ear.... More »
RBC joins ranks of global banks deemed ‘too big to fail’ + MORE Nov 21st
Bank has been added to the list of 30 global systemically important banks by the Financial Stability Board of international regulators
.... More »
Realme 9i 5G, Realme TechLife Buds T100 India Launch Today; Watch LIVE Streaming Here - LatestLY Aug 18th
Realme 9i 5G, Realme TechLife Buds T100 India Launch Today; Watch LIVE Streaming Here LatestLYRealme 9i 5G is finally official, costs under $200 - GSMArena.com news GSMArena.comRealme 9i 5G with triple rear camera and 5,000mAh battery: Details | Mint MintRealme 9i 5G.... More »
COVID-19: Should you buy a home now, or wait? Jun 22nd
It almost goes without saying that COVID-19 has had a far-reaching impact on the Canadian economy and healthcare system in the first half of 2020. As expected, the spring housing market was much cooler than 2019, with the Canadian Real Estate Association (CREA) confirming that May 2020 recorded the .... More »
Powell: If economy does as expected with think carefully cutting rates to begin this year - ForexLive + MORE Mar 7th
Powell: If economy does as expected with think carefully cutting rates to begin this year ForexLiveAt the open: North American stock markets start higher ahead of Powell's testimony The Globe and MailWatch Fed Chair Powell testify live before Senate Banking Committee .... More »
Canadian home sales gain ground in September, but down from year ago mark
– canadianbusiness.com
OTTAWA _ The number of homes sold in September climbed for the second month in a row after a slowdown earlier this year that was led by a cooling in the Toronto market.
Canadian Real Estate Association said Friday sales through its Multiple Listing Service in September were up 2.1 per cent compared with the previous month. The increase followed a 1.3 per cent increase in August.
TD Bank senior economist Michael Dolega said unlike the gain in August, that was driven by Toronto, the increase for September was more widespread.
But he noted rising interest rates and coming regulatory changes, including a potential new stress test for borrowers with uninsured mortgages, could impinge on the housing market.
“Having said that, after some near-term weakness, likely to last into mid-2018, activity should begin to rebound thereafter given the fundamentally supported demand related to strong job growth and strengthening wage dynamics,” Dolega wrote in a note to clients.
Home sales in Canada had been slowing this year following changes by the Ontario government aimed at cooling the Toronto market…
Canadian Real Estate Association said Friday sales through its Multiple Listing Service in September were up 2.1 per cent compared with the previous month. The increase followed a 1.3 per cent increase in August.
TD Bank senior economist Michael Dolega said unlike the gain in August, that was driven by Toronto, the increase for September was more widespread.
But he noted rising interest rates and coming regulatory changes, including a potential new stress test for borrowers with uninsured mortgages, could impinge on the housing market.
“Having said that, after some near-term weakness, likely to last into mid-2018, activity should begin to rebound thereafter given the fundamentally supported demand related to strong job growth and strengthening wage dynamics,” Dolega wrote in a note to clients.
Home sales in Canada had been slowing this year following changes by the Ontario government aimed at cooling the Toronto market…
The Democrats risk becoming the party of plutocrats
– macleans.ca
Co-Founder of Advanced Energy Economy Tom Steyer speaks during day two of the Democratic National Convention at Time Warner Cable Arena on September 5, 2012 in Charlotte, North Carolina. (Alex Wong/Getty Images)Jason Linkins is a writer who covers American politics and the media. He previously served as a columnist for The Huffington Post in Washington, DC.
If you’ve ever had cause to wonder why America’s democratic institutions seem so hopelessly adrift these days, you need only consider the people who are currently running the show. No, not the Trump administration: long before America ended up with an “unraveling” chief executive, spurring fears of nuclear war, presiding over an administration that includes three men said to be in a “suicide pact,” we welcomed the plutocratic takeover of our politics, led by the original dotards: a cadre of dodgy, king-making billionaires with outsized power over the rest of the population.
Vox’s Ezra Klein has a succinct metaphor for where America finds itself right now: “The Doom Loop of Oligarchy,” in which massive wealth purchases great political power, which is then wielded in such a way as to yield more massive wealth, and so on…
