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Can I afford that mortgage? Here’s how much you can safely borrow to buy your first house + MORE Apr 25th
Talk to a mortgage broker and do a personal budget assessment before you start house hunting, expert says..... More »
Canada Goose, Lightspeed report earnings + MORE May 16th
Two Canadian companies report their fourth-quarter earnings this week, along with some other news.
Canada Goose reports $5M Q4 profit, YOY revenue up 22%
Canada Goose Holdings Inc. (TSX:GOOS) reported a profit in its fourth quarter compared with a loss a year earlier as its revenue rose 22%. T.... More »
Stock news for investors: Groupe Dynamite reports strong Q4, adjusts 2025 outlook + MORE Jan 16th
Here’s a round-up of news for Canadian investors this week.
Groupe Dynamite
Lululemon
Kinross Gol
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EQ Bank
Build your retirement savings with 1.5.... More »
Saudi Arabia to sell off Canadian assets and stop buying Canadian wheat and barley Aug 8th
The Kingdom of Saudi Arabia is reportedly selling off its assets in Canada and will stop buying Canadian wheat and barley, in the latest escalation in the sudden diplomatic dispute between the two countries..... More »
Boba tea company apologises over Canada Dragon's Den row - BBC.com Oct 15th
Boba tea company apologises over Canada Dragon's Den row BBC.comCanadian drink company tastes controversy after Simu Liu raises cultural appropriation questions CTV NewsActor Simu Liu calls out boba company over cultural appropriation The Washington PostBoba tea bran.... More »
Toronto stocks end lower, U.S. markets swing to losses in late day trading
– canadianbusiness.com
TORONTO _ Canada’s main stock index closed lower Tuesday while U.S. markets continued a streak of volatility with a late-day plunge that left all main indexes in the red.
The S&P/TSX composite index closed down 82.38 points to 15,216.18, led by declines in key financial and materials sectors.
In New York, the Dow Jones industrial average closed down 344.89 points to 23,857.71. The S&P 500 index was down 45.93 points to 2,612.62 and the Nasdaq composite index was down 211.73 points to 7,008.81.
The Canadian dollar closed at 77.71 cents US, up 0.11 of a US cent.
The May crude contract closed down 30 cents to US$65.25 per barrel and the May natural gas contract ended up six cents to US$2.71 per mmBTU.
The April gold contract closed down US$13.00 to US$1,342.00 an ounce and the May copper contract was up three cents to US$3.00 a pound.
The post Toronto stocks end lower, U.S. markets swing to losses in late day trading appeared first on Canadian Business – Your Source For Business News.
The S&P/TSX composite index closed down 82.38 points to 15,216.18, led by declines in key financial and materials sectors.
In New York, the Dow Jones industrial average closed down 344.89 points to 23,857.71. The S&P 500 index was down 45.93 points to 2,612.62 and the Nasdaq composite index was down 211.73 points to 7,008.81.
The Canadian dollar closed at 77.71 cents US, up 0.11 of a US cent.
The May crude contract closed down 30 cents to US$65.25 per barrel and the May natural gas contract ended up six cents to US$2.71 per mmBTU.
The April gold contract closed down US$13.00 to US$1,342.00 an ounce and the May copper contract was up three cents to US$3.00 a pound.
The post Toronto stocks end lower, U.S. markets swing to losses in late day trading appeared first on Canadian Business – Your Source For Business News.
Kathleen Wynne’s re-election bid is off to a bad start
– macleans.ca
As a rule, voters love to be bribed with their own money. However, I am cautiously pessimistic that this maxim is not going to work for the Ontario Liberals.
The election is only three months away and Premier Kathleen Wynne—deeply unpopular and behind in the polls—is handing out multi-billion dollar spending promises like a charity Santa gleefully tossing free toys to kids on Christmas Eve.
A $2.1 billion investment over four years in mental health. Free prescription drugs for seniors over the age of 65—nevermind that seniors are now the wealthiest demographic in the country, and this proposal would replace the means-tested Ontario Drug Benefit program. A $2.2 billion program to expand free childcare for kids older than 2-and-half until they reach Junior Kindergarten.
Oh, and there’s more to come.
The budget has yet to drop, but the Liberals’ pre-election throne speech included promises to reduce hospital wait times, boost dental coverage, to expand access to home care, increase post-secondary grants…
The election is only three months away and Premier Kathleen Wynne—deeply unpopular and behind in the polls—is handing out multi-billion dollar spending promises like a charity Santa gleefully tossing free toys to kids on Christmas Eve.
A $2.1 billion investment over four years in mental health. Free prescription drugs for seniors over the age of 65—nevermind that seniors are now the wealthiest demographic in the country, and this proposal would replace the means-tested Ontario Drug Benefit program. A $2.2 billion program to expand free childcare for kids older than 2-and-half until they reach Junior Kindergarten.
Oh, and there’s more to come.
The budget has yet to drop, but the Liberals’ pre-election throne speech included promises to reduce hospital wait times, boost dental coverage, to expand access to home care, increase post-secondary grants…
Europe Targets U.S. Asset Managers
– online.wsj.com
Vestager turns her antitrust cops on stock ownership.
