All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
People who say homes ruined by Chinese drywall knock at ‘China’s Great Legal Firewall’ + MORE Sep 7th
NEW ORLEANS – More than a year after suing the Cabinet agency that oversees China’s biggest state-owned companies, lawyers for people who say their homes were ruined by drywall made in China are still trying to get the lawsuit served on the State-Owned Assets Supervision and Administrati.... More »
How to Implement an Internal Coaching Program Jul 26th
In the spring of 2019, Kim Forseille, assistant vice-president of learning and development at Edmonton-based bank CWB Financial Group, learned from internal surveys and exit interviews that many workers were feeling stuck in their jobs. “People came to CWB because they wanted to progress in their .... More »
Does crypto belong in a Canadian wealth portfolio? Jul 7th
Should you consider adding bitcoin (BTC), ethereum (ETH), or other cryptocurrencies to your investment portfolio? For long-term investors who can tolerate significant volatility, a small allocation—sometimes around 5%—is increasingly part of the conversation.
Crypto’s appeal lies in its gro.... More »
Some foreign buyers get break from tax they face on Vancouver real estate + MORE Mar 17th
A tax on foreign home buyers in Metro Vancouver is being changed to exempt people who have come to British Columbia as part of the provincial nominee program.
Premier Christy Clark says the exemption is aimed at helping attract skilled workers to the province, particularly in the tech sector.
The go.... More »
Does buying GICs still make sense after the recent rate cuts? + MORE Oct 2nd
The Bank of Canada (BoC) recently lowered its policy interest rate by another 25 basis points, from 4.50% to 4.25%. It was the central bank’s third consecutive cut, and economists widely expect more cuts before the end of the year.
What does it mean for Canadians as borrowers and savers when in.... More »
Japan central bank says economy on the mend, reaffirms ultra-loose monetary policy
– canadianbusiness.com
TOKYO – Japan’s central bank ended a board meeting with no change to its ultra-loose monetary policy while pointing to signs of improvement in the economy.
The Bank of Japan noted that lower energy costs due to the plunge in crude prices will slow progress toward its inflation target of 2 per cent.
But it cited a recovery in exports and increased corporate investment as evidence that the world’s third-largest economy is in a “moderate recovery trend.” Japan exited a recession in the last quarter of 2014.
The bank said housing investment, a recent weak point, is beginning to bottom out.
The BOJ is injecting tens of trillions of yen (hundreds of billions of dollars) into the economy each year to encourage business investment and push prices higher, in turn weakening Japan’s currency.
The post Japan central bank says economy on the mend, reaffirms ultra-loose monetary policy appeared first on Canadian Business.
The Bank of Japan noted that lower energy costs due to the plunge in crude prices will slow progress toward its inflation target of 2 per cent.
But it cited a recovery in exports and increased corporate investment as evidence that the world’s third-largest economy is in a “moderate recovery trend.” Japan exited a recession in the last quarter of 2014.
The bank said housing investment, a recent weak point, is beginning to bottom out.
The BOJ is injecting tens of trillions of yen (hundreds of billions of dollars) into the economy each year to encourage business investment and push prices higher, in turn weakening Japan’s currency.
The post Japan central bank says economy on the mend, reaffirms ultra-loose monetary policy appeared first on Canadian Business.
Harvey's, Swiss Chalet owner eyes IPO
– canoe.ca
Privately-held Cara Operations Ltd, the company behind Canadian restaurant staples Swiss Chalet and burger chain Harvey’s, is looking to go public again as it aims to capitalize on the recent string of blockbuster restaurant IPOs.
Cara heads into IPO with solid turnaround, short track record
– theglobeandmail.com
Early restructuring results are promising, but they aren’t conclusive
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
Japan fashion chain Fast Retailing vows to stop abuses at fabric and garment factories
– canadianbusiness.com
TOKYO – Japanese fashion empire Fast Retailing Co. says it will expand monitoring of its suppliers following complaints over labour violations and other problems.
Yukihiro Nitta, who is in charge of corporate social responsibility at the fashion giant, said Wednesday the company’s oversight would extend to the fabric manufacturers who supply the garment companies that make clothes for Fast Retailing.
The company plans to have a pilot program involving 30 per cent of the fabrics used in Uniqlo clothing in place by the end of March, and to expand it to all of its textile suppliers by March 2016.
Tadashi Yanai, the founder of Fast Retailing, is reported to be the richest man in Japan, with wealth estimated by business magazine Forbes at $17.8 billion as of April 2014. He has parlayed the men’s clothing store his father started in a western Japanese mining town into a global garment empire employing more than 30,400 workers.
But the company’s low-cost, high fashion production model faces is challenged by rising wages in China, obliging it to operate in lower-cost countries such as Cambodia and Bangladesh, where managing conditions at factories could prove more daunting…
Yukihiro Nitta, who is in charge of corporate social responsibility at the fashion giant, said Wednesday the company’s oversight would extend to the fabric manufacturers who supply the garment companies that make clothes for Fast Retailing.
The company plans to have a pilot program involving 30 per cent of the fabrics used in Uniqlo clothing in place by the end of March, and to expand it to all of its textile suppliers by March 2016.
Tadashi Yanai, the founder of Fast Retailing, is reported to be the richest man in Japan, with wealth estimated by business magazine Forbes at $17.8 billion as of April 2014. He has parlayed the men’s clothing store his father started in a western Japanese mining town into a global garment empire employing more than 30,400 workers.
But the company’s low-cost, high fashion production model faces is challenged by rising wages in China, obliging it to operate in lower-cost countries such as Cambodia and Bangladesh, where managing conditions at factories could prove more daunting…
