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Warren Buffett mobbed by throng of adoring investors as he tours Berkshire Hathaway exhibits + MORE May 2nd
OMAHA, Neb. – Adoring investors have mobbed billionaire Warren Buffett as he toured the displays at Berkshire Hathaway’s annual meeting.
Buffett was surrounded by dozens of investors hoping to get a glimpse of Berkshire’s top executive as he toured the exhibit hall Saturday morning.... More »
Danielle Smith says she hasn’t given up on Canada - CTV News May 30th
Danielle Smith says she hasn’t given up on Canada CTV NewsA guide to the (many) groups running Alberta's separatist and remain camps CBCImportant Referendum Information – May 2026 Elections AlbertaOpinion | Eric Colquhoun: Do not adjust your set Toront.... More »
Tips For Investing At Every Stage of Your Career May 5th
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Before making an important investment decision, one might consider a number of factors, including fees, time horizon, risk tolerance, performance, to name a .... More »
Is it best to own a first home as an income property or primary residence? May 30th
Q. I would like to know whether it is better, financially speaking, to own my first house as an income property, or as my primary residence in Ontario. I am single, living with my parents, earn a steady income and have $80,000 in savings. I’ve already purchased a new-construction freehold townho.... More »
Encana sells Colorado property to CPPIB-led group for $900-million + MORE Oct 8th
Canada Pension Plan Investment Board will hold 95 per cent of a new concern, and The Broe Group the remaining 5 per cent
.... More »
CPPIB raises stake in Manhattan office property
– theglobeandmail.com
Investment takes pension fund manager’s stake in One Park Avenue to 45 per cent through a joint venture with Vornado Realty Trust
Sobeys closing 50 stores across Canada – CBC.ca
– news.google.ca
CBC.caSobeys closing 50 stores across CanadaCBC.caGrocery store chain Sobeys Inc. will close about 50 underperforming stores across Canada following its $5.8-billion acquisition of Safeway. The company made the announcement in an earnings release on Thursday from Empire Inc., parent company of …Sobeys to close 50 supermarkets, two in TorontoToronto StarSobeys closing stores: Online reactionCTV NewsSobeys to close four Edmonton storesEdmonton SunCourier Islander -Cumberland News Now -Globalnews.caall 102 news articles »
OSFI deputy Mark Zelmer warns of housing risks – CBC.ca
– news.google.ca
CBC.caOSFI deputy Mark Zelmer warns of housing risksCBC.caThe second-in-command at Canada's top banking regulator told an audience of heavy hitters in the housing industry that the risks posed by red hot Canadian real estate aren't going to go away in any meaningful way any time soon. Mark Zelmer, the deputy …Canada Banking Regulator Continues to Sound Alarm over DebtWall Street JournalHouse Prices Too High, Mortgage Rates Too Low, And That's A Problem: OSFIHuffington Post Canadaall 9 news articles »
New York judge denies Argentina’s request for delay in paying $1.65 billion to US hedge funds
– canadianbusiness.com
NEW YORK, N.Y. – A New York judge has denied Argentina’s request to extend deadlines to repay a debt to bondholders, which the country claims could lead it into a catastrophic default.
Federal Judge Thomas Griesa rejected Argentina’s request in an order Thursday.
Argentina’s economy minister had sought the delay, saying an end-of-the-month deadline to make payments to U.S. hedge funds could sink the nation’s economy and trigger financial havoc around the world.
Lawyers for the hedge fund have countered that Argentina was just trying to delay paying the $1.65 billion it owes.
The post New York judge denies Argentina’s request for delay in paying $1.65 billion to US hedge funds appeared first on Canadian Business.
Federal Judge Thomas Griesa rejected Argentina’s request in an order Thursday.
Argentina’s economy minister had sought the delay, saying an end-of-the-month deadline to make payments to U.S. hedge funds could sink the nation’s economy and trigger financial havoc around the world.
Lawyers for the hedge fund have countered that Argentina was just trying to delay paying the $1.65 billion it owes.
The post New York judge denies Argentina’s request for delay in paying $1.65 billion to US hedge funds appeared first on Canadian Business.
CBC cutting back evening news in shift towards digital
– macleans.ca
TORONTO — The CBC is slashing 25 per cent of its workforce over the next five years, while cutting back evening newscasts and in-house production in a bid to shift its focus from radio and television to digital and mobile services.
The public broadcaster announced its five-year strategic plan Thursday as it grapples with a $130-million budget shortfall due to federal cuts, flagging advertising revenues and the loss of hockey rights to Rogers Media.
By 2020, the broadcaster plans to slash 1,000 to 1,500 jobs, although it says that goal will in part be fulfilled by retirements and attrition. These staff reductions are in addition to the 657 job cuts it announced in April.
In a heated town hall with employees, CBC president Hubert Lacroix faced calls to resign. He said the broadcaster must transform itself from a “producer to a multi-platform broadcaster” in order to stay afloat.
He said that advertising revenues have shifted to global players like Facebook and Google and financial support for public broadcasters has decreased…
The public broadcaster announced its five-year strategic plan Thursday as it grapples with a $130-million budget shortfall due to federal cuts, flagging advertising revenues and the loss of hockey rights to Rogers Media.
By 2020, the broadcaster plans to slash 1,000 to 1,500 jobs, although it says that goal will in part be fulfilled by retirements and attrition. These staff reductions are in addition to the 657 job cuts it announced in April.
In a heated town hall with employees, CBC president Hubert Lacroix faced calls to resign. He said the broadcaster must transform itself from a “producer to a multi-platform broadcaster” in order to stay afloat.
He said that advertising revenues have shifted to global players like Facebook and Google and financial support for public broadcasters has decreased…
