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Ontario deficit down to $1.9 billion; higher revenue, use of reserve + MORE Feb 22nd
Ontario’s deficit for this fiscal year is down to $1.9 billion, due in part to higher tax revenues, a hot housing market and the use of the province’s reserve.
The government had projected $4.3 billion in last year’s budget, and the lower deficit puts the government closer to prese.... More »
Reconsidering when to take CPP benefits amid COVID-19 risk Apr 15th
In an earlier column, we looked at how to optimize the timing for taking your Canada Pension Plan benefits—early or late. We also touched on the issue of “survivorship,” mentioning retired advisor Warren Baldwin, who decided to take his own CPP at age 66, in part because of limited options for.... More »
Toronto home prices not expected to bounce back till 2022 - Toronto Star Jun 23rd
Toronto home prices not expected to bounce back till 2022 Toronto StarHere's how CMHC thinks COVID-19 will impact Vancouver's real estate market CTV NewsCMHC expects uneven and uncertain recovery in country's housing market Yahoo Canada FinanceHousing market recovery.... More »
Nicholas Hui, P.Eng, Certified Financial Planner + MORE Mar 21st
Who is Nicholas Hui?
Nicholas Hui was an automotive engineer for 20 years before becoming a Certified Financial Planner. He brings the same systematic approach from his engineering background to his practise now as an advice-only planner. Nicholas specializes in helping young families and profess.... More »
Poilievre calls for ethics committee to investigate B.C. ‘condo bailout’ - CTV News Jun 28th
Poilievre calls for ethics committee to investigate B.C. ‘condo bailout’ CTV NewsCarney defends $1.45B plan to convert unbought B.C. condos to affordable rent-to-own CBCOttawa and B.C. to buy up unsold condos, Airbnb’s failed World Cup play, Home of the Week and more top .... More »
Shares in Deutsche Bank swung wildly on Friday, touching a record low before roaring back to life, amid speculation about the stability of Germany’s biggest bank and the European financial system.
At the close: TSX falls slightly, gains 4.5% in third quarter
– theglobeandmail.com
Deutsche stock recovers on report of reduced U.S. settlement
Catherine, Duchess of Cambridge attends the Official Welcome Ceremony for the Royal Tour at the British Columbia Legislature on September 24, 2016 in Victoria, Canada. (Sam Hussein/WireImage/Getty Images)If the duchess of Cambridge were dressed by Canadians, she would look chic and comfortable. For her trip to British Columbia and the Yukon, Maclean’s asked fashion designers across the country to design hypothetical ensembles.
Alfred Sung, an iconic Canadian designer known for his crisp and affordable look, was the first Canadian fashion brand to trade his company on the Toronto Stock Exchange. Now 68, he produces perfumes, bridesmaid dresses and a business-casual label sold at Mark’s Work Wearhouse. Also based in Toronto but at the other end of her career, Ketzia Sherman is a graduate student in Ryerson University’s fashion program. “She does tend to wear a lot of lace and classic textiles,” Sherman says. “I picture kind of modernizing the look to really bring it into the digital age…
Most actively traded companies on the TSX
– canadianbusiness.com
Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,725.86, down 28.69 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up 12 cents, or 7.14 per cent, to $1.80 on 12.2-million shares. Bombardier has signed previously announced US$1.2 billion in contracts to supply and maintain railway cars that will secure 1,000 jobs at its Derby facility in England. The company will supply 665 Aventra railcars to government-selected railway operator Abellio as part of a broader effort to improve service in the region of East Anglia.
Encana Corp. (TSX:ECA). Oil and gas. Up 42 cents, or 3.16 per cent, to $13.71 on 7.9-million shares.
Orbite Technologies Inc. (TSX:ORT). Miner. Down one cent, or 2.22 per cent, to 44 cents on 7.7-million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Down eight cents, or 1.42 per cent, to $5.57 on 5.9-million shares.
Kinross Gold Corp. (TSX:K). Miner. Down seven cents, or 1.25 per cent, to $5.53 on 5…
Toronto Stock Exchange (14,725.86, down 28.69 points):
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up 12 cents, or 7.14 per cent, to $1.80 on 12.2-million shares. Bombardier has signed previously announced US$1.2 billion in contracts to supply and maintain railway cars that will secure 1,000 jobs at its Derby facility in England. The company will supply 665 Aventra railcars to government-selected railway operator Abellio as part of a broader effort to improve service in the region of East Anglia.
Encana Corp. (TSX:ECA). Oil and gas. Up 42 cents, or 3.16 per cent, to $13.71 on 7.9-million shares.
Orbite Technologies Inc. (TSX:ORT). Miner. Down one cent, or 2.22 per cent, to 44 cents on 7.7-million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Down eight cents, or 1.42 per cent, to $5.57 on 5.9-million shares.
Kinross Gold Corp. (TSX:K). Miner. Down seven cents, or 1.25 per cent, to $5.53 on 5…
Gold and materials stocks pushed the Toronto stock market to a slightly lower close, while south of the border markets rallied.
