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Ontario Liberals promise free preschool child care in 2020 Mar 27th
TORONTO — Ontario’s Liberal government says it plans to offer free child care for thousands of preschoolers across the province starting in 2020, a promise that comes as it faces a looming spring election.
Premier Kathleen Wynne, Finance Minister Charles Sousa and Education Minister Indira N.... More »
Lam Research, KLA-Tencor end merger, cite antitrust views + MORE Oct 6th
NEW YORK, N.Y. – Lam Research Corp. and KLA-Tencor are scrapping their merger agreement due to antitrust regulators’ opposition to the deal that would have combined the two makers of equipment for manufacturing semiconductors.
Lam Research of Fremont, California, had offered about $10.6 .... More »
Trudeau arrives at Davos to pitch investment opportunities in Canada - CTV News + MORE Jan 22nd
CTV NewsTrudeau arrives at Davos to pitch investment opportunities in CanadaCTV NewsZURICH -- Justin Trudeau arrived in Switzerland on Monday to attend the World Economic Forum in Davos, Switzerland, where he will try to persuade the world's richest to invest in Canada and uphold women's a.... More »
Can you help your kids financially without compromising your retirement? + MORE Jul 8th
Ask MoneySense
I’m 58 years old. I will retire in five to seven years. My RRSP, TFSA, defined benefit pension plan and a house are my financial properties. I plan to leave some of my wealth to my two children. How do I go about doing that and still retain my financial independence and dignity?
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Taiwan elects its first female president; China warns of 'grave challenges' - CNN Jan 17th
CNNTaiwan elects its first female president; China warns of 'grave challenges'CNNTaipei (CNN) Taiwan has elected its first female president in a landmark election that could unsettle relations with Beijing. Tsai Ing-wen, leader of the opposition Democratic Progressive Party (DPP), won the .... More »
Oilpatch firms in for an ugly third quarter as crude doldrums linger
– canadianbusiness.com
CALGARY – A bevy of oilsands producers are on deck to report their quarterly earnings over the next few weeks — and industry watchers are under no illusion they’ll be pretty.
It’s been about a year since the price of oil started its nosedive to below US$50 a barrel, and crude has been camping out at that level for months. Few are optimistic that crude will return to triple digits any time soon.
Investors are well aware they’re in for a “fairly awful” quarter, said John Kim, a portfolio manager at Aston Hill Financial.
Martin Pelletier, portfolio manager at TriVest Wealth Counsel, agrees it’s going to be ugly — but no one should be surprised by the results.
“I wouldn’t use the word disappointing because a lot of analysts are already expecting the worst,” he said.
Oilsands giant Suncor Energy (TSX:SU) posts its earnings Wednesday night and its reluctant takeover target, Canadian Oil Sands Ltd. (TSX:COS) reports on Thursday, along with crude producer Cenovus Energy (TSX:CVE)…
It’s been about a year since the price of oil started its nosedive to below US$50 a barrel, and crude has been camping out at that level for months. Few are optimistic that crude will return to triple digits any time soon.
Investors are well aware they’re in for a “fairly awful” quarter, said John Kim, a portfolio manager at Aston Hill Financial.
Martin Pelletier, portfolio manager at TriVest Wealth Counsel, agrees it’s going to be ugly — but no one should be surprised by the results.
“I wouldn’t use the word disappointing because a lot of analysts are already expecting the worst,” he said.
Oilsands giant Suncor Energy (TSX:SU) posts its earnings Wednesday night and its reluctant takeover target, Canadian Oil Sands Ltd. (TSX:COS) reports on Thursday, along with crude producer Cenovus Energy (TSX:CVE)…
Five things to watch for in the Canadian business world in the coming week
– canadianbusiness.com
TORONTO – Five things to watch in Canadian business this week:
Earnings galore: It’s a huge week for earnings reports, with a slew of oilpatch companies — including Suncor and Canadian Oil Sands, locked in a hostile takeover battle — reporting their third-quarter results. Among others reporting: Canadian National Railway, Bombardier, Barrick Gold, Restaurant Brands International and Maple Leaf Foods.
Vexed Valeant: The embattled Canadian pharmaceutical giant holds a conference call on Monday to discuss accusations that the company created a network of phantom pharmacies to fool auditors. The allegations have sent Valeant’s stock prices tumbling, and the company says it will “lay out the facts” in response to a report that raised serious questions about its business practices.
Hot housing: The Canada Mortgage and Housing Corp. releases its fourth-quarter housing market outlook report on Monday. Except for Alberta — hit hard by the global slump in oil prices — the country’s housing market largely escaped Canada’s economic downturn in the first half of the year, with housing prices in Toronto and Vancouver, in particular, at historic highs and showing few signs of coming back down to earth…
Earnings galore: It’s a huge week for earnings reports, with a slew of oilpatch companies — including Suncor and Canadian Oil Sands, locked in a hostile takeover battle — reporting their third-quarter results. Among others reporting: Canadian National Railway, Bombardier, Barrick Gold, Restaurant Brands International and Maple Leaf Foods.
Vexed Valeant: The embattled Canadian pharmaceutical giant holds a conference call on Monday to discuss accusations that the company created a network of phantom pharmacies to fool auditors. The allegations have sent Valeant’s stock prices tumbling, and the company says it will “lay out the facts” in response to a report that raised serious questions about its business practices.
Hot housing: The Canada Mortgage and Housing Corp. releases its fourth-quarter housing market outlook report on Monday. Except for Alberta — hit hard by the global slump in oil prices — the country’s housing market largely escaped Canada’s economic downturn in the first half of the year, with housing prices in Toronto and Vancouver, in particular, at historic highs and showing few signs of coming back down to earth…
