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Where to buy real estate in 2020: Durham, Ont. + MORE Jun 24th
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Best FHSAs in Canada: Where to get the new first home savings account + MORE Dec 16th
MoneySense editors’ take
Consider opening an FHSA before Dec. 31, 2023, even if you don’t intend to contribute right away. Unused contribution room can be carried forward one year, up to a maximum of $8,000. You can give yourself a maximum contribution limit of $16,000 in 2024 by opening the acc.... More »
Joe Rogan’s podcast headed to Spotify, exclusive deal reportedly worth $100 million - MMA Mania May 19th
Joe Rogan’s podcast headed to Spotify, exclusive deal reportedly worth $100 million MMA ManiaJoe Rogan Signs Exclusive Podcast Deal With Spotify Yahoo Canada FinanceThe Joe Rogan Experience podcast to become Spotify exclusive BJPENN.COMJoe Rogan Calls 6ix9ine the '.... More »
How much you need to retire at age 55 in small-town Ontario + MORE Dec 3rd
Chris P. and his wife Anne are both 36 years old and live in a small rural town in northern Ontario. Chris is a safety inspector and Anne works as an administrative assistant. The couple also has three boys under the age of eight. “We’re busy,” says Chris, whose wife Anne just returned to w.... More »
The Future Of Finance Is Digital: Q&A With Jerome Dwight, President of Brane Capital Aug 18th
Created for
Brane Capital is an independent Canadian crypto custody service bringing credibility and trust to the fast-growing crypto space by building a made-in-Canada independent custody solution with a team of leaders from technology, banking and government. Its president, Jerome Dwight, has.... More »
Suncor earnings up on record production, throughput and better prices
– canadianbusiness.com
The head of Suncor Energy Inc. (TSX:SU) said Thursday that the company’s focus on reliability and cost reduction is paying off in an era of ample oil supplies.
“It’s clear to us that the industry has moved from one of resource scarcity to one of resource abundance,” said company CEO Steve Williams on an earnings conference call.
He said oil companies can still thrive in the new reality, but the emphasis has to be on profits rather than simply growth.
“This means continually reducing our costs and our environmental footprint, while exercising steadfast capital discipline.”
Suncor’s efforts on that front translated into operating earnings of $867 million or $0.52 per share in the quarter ending Sept. 30, compared with $346 million or $0.21 per share for the same quarter last year.
The boost came from record production, as well as wider margins between oil and refined product prices, record refinery throughput and sales volumes, and the company’s continued cost reductions…
“It’s clear to us that the industry has moved from one of resource scarcity to one of resource abundance,” said company CEO Steve Williams on an earnings conference call.
He said oil companies can still thrive in the new reality, but the emphasis has to be on profits rather than simply growth.
“This means continually reducing our costs and our environmental footprint, while exercising steadfast capital discipline.”
Suncor’s efforts on that front translated into operating earnings of $867 million or $0.52 per share in the quarter ending Sept. 30, compared with $346 million or $0.21 per share for the same quarter last year.
The boost came from record production, as well as wider margins between oil and refined product prices, record refinery throughput and sales volumes, and the company’s continued cost reductions…
Coworking space demand soars as career patterns shift, firms cut costs
– canadianbusiness.com
A deal between one of Canada’s oldest retailers and a fast-growing U.S. startup that wants to convert portions of its flagship stores into shared offices is the latest evidence that coworking spaces are increasingly hot properties _ and demand for retail real estate is cooling.
This week, Hudson’s Bay Company (TSX:HBC) sold off its storied Lord & Taylor property in the heart of New York City to a joint venture between WeWork Inc., the largest provider of coworking spaces, and private equity firm Rhone Capital.
As part of the $1.6 billion deal, HBC will also lease out office space in its other locations, including floors of its downtown Toronto and Vancouver stores.
It’s a manifestation of technology’s impact on the economy, with consumers increasingly moving to online shopping and away from big stores and a workforce no longer tied to a static desk and looking to coworking spaces _ which offer shared amenities and spots for lease on a short-term basis.
WeWork, a startup founded in 2010 which now has more than 150,000 members in 56 cities, has been capitalizing on this shift at a breakneck pace, doubling its customer base last year…
This week, Hudson’s Bay Company (TSX:HBC) sold off its storied Lord & Taylor property in the heart of New York City to a joint venture between WeWork Inc., the largest provider of coworking spaces, and private equity firm Rhone Capital.
As part of the $1.6 billion deal, HBC will also lease out office space in its other locations, including floors of its downtown Toronto and Vancouver stores.
It’s a manifestation of technology’s impact on the economy, with consumers increasingly moving to online shopping and away from big stores and a workforce no longer tied to a static desk and looking to coworking spaces _ which offer shared amenities and spots for lease on a short-term basis.
WeWork, a startup founded in 2010 which now has more than 150,000 members in 56 cities, has been capitalizing on this shift at a breakneck pace, doubling its customer base last year…
Paddles made First Cat of New Zealand: Other famous 'celebrity' pets – The Straits Times
– news.google.ca
The Straits TimesPaddles made First Cat of New Zealand: Other famous 'celebrity' petsThe Straits TimesNew Zealand Prime Minister Jacinda Ardern's feline friend Paddles has been named First Cat of the country, stealing some of the social media limelight from its owner. The ginger and white cat has its own Twitter account – with over 8,000 followers and …NZ Prime Minister heads to trade talks with foreign investment ban on her mindBusiness InsiderStudents will suffer if Australia and New Zealand change tertiary fee agreementThe Conversation AUArdern's tweeting cat: Who's behind it?Radio New ZealandNewstalk ZBall 70 news articles »
