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Toronto and Vancouver among global cities at greatest risk of housing bubble: UBS + MORE Sep 28th
ZURICH _ Toronto has topped the list of major global cities most at risk of a housing bubble with Vancouver ranking fourth, according to a new report by UBS Group AB.
It’s the first time Toronto has cracked the annual rankings compiled for the UBS Global Real Estate Bubble Index, where other t.... More »
How to manage as a single parent with no pension + MORE Sep 7th
If you’re worried about your retirement, you’re not alone. Thanks to the growing gig economy and other changes to the workforce, these days fewer than two in five Canadians have a workplace pension plan to lean on. And if you are a single parent, saving for your twilight years only gets tri.... More »
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 »
Hydrogenics reports 1st-quarter loss but tops expectations + MORE May 11th
MISSISSAUGA, Ont. – MISSISSAUGA, Ontario (AP) _ Hydrogenics Corp. (HYGS) on Wednesday reported a loss of $2.4 million in its first quarter.
On a per-share basis, the Mississauga, Ontario-based company said it had a loss of 19 cents.
The results surpassed Wall Street expectations. The average e.... More »
Gluskin Sheff CEO steps down, appoints Jeff Moody as new chief + MORE Sep 19th
Veteran financial services executive Tom MacMillan is stepping down immediately
.... More »
90 days – 1.80%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2015-03-28. Click on the link above to get more details or apply online.
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
Greek far-right leader, lawmakers go on trial
– macleans.ca
ATHENS, Greece – Leaders of Greece’s third largest political party, the extreme right Golden Dawn, go on trial Monday on charges of operating as a criminal organization that allegedly carried out a campaign of violence against immigrants and left-wing opponents.
Party leader Nikos Michaloliakos and senior officials are among 69 defendants in the case closely watched by a country reeling from financial hardship and political uncertainty.
Founded by Michaloliakos as a tiny neo-Nazi organization in the mid-1980s, Golden Dawn transformed from being a marginal far-right group to a popular political party during the financial crisis that started in 2009.
It won 6.28 per cent of the vote in general election three months ago, despite having state campaign funding axed.
The trial will be held inside a maximum security prison near Athens, where nearby schools and municipal services will be closed Monday over fears that several anti-Golden Dawn demonstrations planned in the area could turn violent…
Party leader Nikos Michaloliakos and senior officials are among 69 defendants in the case closely watched by a country reeling from financial hardship and political uncertainty.
Founded by Michaloliakos as a tiny neo-Nazi organization in the mid-1980s, Golden Dawn transformed from being a marginal far-right group to a popular political party during the financial crisis that started in 2009.
It won 6.28 per cent of the vote in general election three months ago, despite having state campaign funding axed.
The trial will be held inside a maximum security prison near Athens, where nearby schools and municipal services will be closed Monday over fears that several anti-Golden Dawn demonstrations planned in the area could turn violent…
Industrial real estate manager Prologis agrees to buy KTR Capital for $5.9 billion
– canadianbusiness.com
WASHINGTON – Warehouse and distribution centre operator Prologis Inc. says it has acquired KTR Capital Partners, which owns more than 300 industrial properties in the U.S.
Prologis, which owns and operates more than 2,800 properties in North America, South America, Europe and Asia, will pay $5.9 billion for KTR. The purchase price includes the assumption of $700 million in debt.
Prologis uses its warehouses to provide logistics services to customers, helping them manage global supply chains. Many of its facilities are near airports, seaports and highway interchanges.
The acquisition will increase Prologis’ presence in areas such as Southern California, New Jersey, Chicago, South Florida, Seattle and Dallas, the company says.
The deal should boost Prologis’ funds from operations, a measure of earnings, by about 14 cents per share, the company says.
The post Industrial real estate manager Prologis agrees to buy KTR Capital for $5.9 billion appeared first on Canadian Business – Your Source For Business News.
Prologis, which owns and operates more than 2,800 properties in North America, South America, Europe and Asia, will pay $5.9 billion for KTR. The purchase price includes the assumption of $700 million in debt.
Prologis uses its warehouses to provide logistics services to customers, helping them manage global supply chains. Many of its facilities are near airports, seaports and highway interchanges.
The acquisition will increase Prologis’ presence in areas such as Southern California, New Jersey, Chicago, South Florida, Seattle and Dallas, the company says.
The deal should boost Prologis’ funds from operations, a measure of earnings, by about 14 cents per share, the company says.
The post Industrial real estate manager Prologis agrees to buy KTR Capital for $5.9 billion appeared first on Canadian Business – Your Source For Business News.
China: Stocks fall as short-selling fears offset impact from big reserve cut – THE BUSINESS TIMES
– news.google.ca
THE BUSINESS TIMESChina: Stocks fall as short-selling fears offset impact from big reserve cutTHE BUSINESS TIMES[SHANGHAI] China stocks surrendered early gains and dived on Monday in volatile trade as fears of a regulatory crackdown offset the central bank's boldest policy move yet to bolster the slowing economy. Securities regulators announced on Friday they …Chinese stocks shake off slow start to rallyThe Australian Financial Reviewall 337 news articles »
