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Kirstine Stewart to leave Twitter + MORE Jul 21st
The Twitter logo appears on a phone post on the floor of the New York Stock Exchange, Tuesday, Oct. 13, 2015. Twitter is laying off up to 336 employees, signaling CEO Jack Dorsey’s resolve to slash costs while the company struggles to make money. (AP Photo/Richard Drew)
TORONTO — TwitterR.... More »
Canadians now owe $1.71 for every dollar they have to spend, StatsCan says - CBC.ca + MORE Dec 11th
Canadians now owe $1.71 for every dollar they have to spend, StatsCan says CBC.caHousehold debt ratio rises to 170.7%, Statistics Canada says BNNHousehold debt ratio rises to 170.7 per cent: StatCan CP24 Toronto's Breaking NewsHousehold Debt Ratio in Canada Climbs on.... More »
Men manipulated the price of company shares: B.C. Securities Commission + MORE Jan 8th
VANCOUVER – Securities’ regulators in British Columbia say a North Vancouver man and two U.S. citizens manipulated the share price of a mineral company.
The B.C. Securities Commission found the manipulation occurred between June 15 and July 6, 2009 and affected share prices for Sungro Mi.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Sep 29th
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Experts: more data needed on foreign investment in real estate + MORE Jun 19th
(Oleksiy Maksymenko/Getty Images)
There is scant data available on how many foreign investors are snatching up Canadian homes, and experts say the knowledge gap needs to be filled if policy makers hope to maintain the stability of the country’s real estate market.
Foreign investment has become a h.... More »
The first of the Canadian oilsands producers are noting the impact of a lower price for oil and increased development costs for new projects as they report third-quarter earnings.
Weekend Reading – Ottawa shooting, dumb surcharges and more
– myownadvisor.ca
On Wednesday this past week, Michael Zehaf-Bibeau, committed a horrific crime. To use our Prime Minister’s words, it was a “brutal and violent attack”. The armed attacker shot and left Canadian Forces member, Cpl. Nathan Cirillo, 24, to die at the National War Memorial before being shot dead himself upon his attack within Parliament’s Centre Block. It was certainly a sad day for Ottawa and my heart goes out to the family of our slain soldier.
I can only hope this isolated, tragic incident will over time, make our city and those that serve to protect it a better place to call home. Enjoy the Weekend Reading, have a great and safe weekend with family and friends.
In case you missed it, Pooled Registered Pension Plans (PRPPs) are here for some provinces and I shared some advice for surviving today’s volatile stock markets.
CBC highlighted some of the dumbest surcharges and fees here. I vote for Ticketmaster, those “convenience” fees are not convenient whatsoever…
I can only hope this isolated, tragic incident will over time, make our city and those that serve to protect it a better place to call home. Enjoy the Weekend Reading, have a great and safe weekend with family and friends.
In case you missed it, Pooled Registered Pension Plans (PRPPs) are here for some provinces and I shared some advice for surviving today’s volatile stock markets.
CBC highlighted some of the dumbest surcharges and fees here. I vote for Ticketmaster, those “convenience” fees are not convenient whatsoever…
Most actively traded companies on the TSX
– canadianbusiness.com
TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,486.83, up 174.76 points):
Bombardier Inc. (TSX:BBD.B). Aerospace. Up 15 cents, or 4.13 per cent, to $3.78 on 7.6 million shares.
MBAC Fertilizer Corp. (TSX:MBC). Agriculture. Down three cents, or 21.43 per cent, to 11 cents on 7.2 million shares.
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Up $1.70, or 6.47 per cent, to $27.97 on 5.1 million shares. The the oilsands producer beat analyst estimates on several key measures in the third quarter, including cash flow per share at $1.30, 15 cents ahead of estimates. Operating earnings came in at 49 cents a share, eight cents better than forecast.
Chaparral Gold Corp. (TSX:CHL). Miner. Unchanged at 60 cents on 4.3 million shares.
Air Canada (TSX:AC.B). Airline. Up 30 cents, or 3.76 per cent to $8.27 on 4 million shares.
Suncor Energy Inc. (TSX:SU). Oil and gas. Up $1.08, or 2.85 per cent, to $38.98 on 3.6 million shares…
Toronto Stock Exchange (14,486.83, up 174.76 points):
Bombardier Inc. (TSX:BBD.B). Aerospace. Up 15 cents, or 4.13 per cent, to $3.78 on 7.6 million shares.
MBAC Fertilizer Corp. (TSX:MBC). Agriculture. Down three cents, or 21.43 per cent, to 11 cents on 7.2 million shares.
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Up $1.70, or 6.47 per cent, to $27.97 on 5.1 million shares. The the oilsands producer beat analyst estimates on several key measures in the third quarter, including cash flow per share at $1.30, 15 cents ahead of estimates. Operating earnings came in at 49 cents a share, eight cents better than forecast.
Chaparral Gold Corp. (TSX:CHL). Miner. Unchanged at 60 cents on 4.3 million shares.
Air Canada (TSX:AC.B). Airline. Up 30 cents, or 3.76 per cent to $8.27 on 4 million shares.
Suncor Energy Inc. (TSX:SU). Oil and gas. Up $1.08, or 2.85 per cent, to $38.98 on 3.6 million shares…
Conservatives introduce thick budget bill that includes unrelated items
– canadianbusiness.com
OTTAWA – The Conservative government has introduced another mammoth omnibus budget bill that includes a grab-bag of measures, ranging from tax breaks for beekeepers to provisions banning cable companies from charging for paper bills.
Much of the 458-page bill involves the complicated implementation of tax changes and other budget measures, including revisions to the Investment Canada Act.
There are some tax breaks for families and students.
However, one section broadens the scope of the national DNA bank. Another tightens the rules around the temporary foreign workers system. Still another establishes a long-promised Arctic research station.
Conspicuous by its absence, however, is a controversial proposal to amend the Copyright Act to give a politician or party the power to use video, audio and photographs from news outlets.
A cabinet document presented by Heritage Minister Shelly Glover and obtained earlier this month by CTV News and The Canadian Press indicated the proposed copyright changes would be included an upcoming budget bill…
Much of the 458-page bill involves the complicated implementation of tax changes and other budget measures, including revisions to the Investment Canada Act.
There are some tax breaks for families and students.
However, one section broadens the scope of the national DNA bank. Another tightens the rules around the temporary foreign workers system. Still another establishes a long-promised Arctic research station.
Conspicuous by its absence, however, is a controversial proposal to amend the Copyright Act to give a politician or party the power to use video, audio and photographs from news outlets.
A cabinet document presented by Heritage Minister Shelly Glover and obtained earlier this month by CTV News and The Canadian Press indicated the proposed copyright changes would be included an upcoming budget bill…
How the Dow Jones industrial average and other major averages did Thursday
– canadianbusiness.com
The stock market got a boost Thursday from a combination of strong corporate earnings and encouraging economic reports. Caterpillar and 3M were among the companies posting results that impressed investors. Hiring in the U.S. remains solid and a survey of businesses in Europe suggested that the region may avoid slipping back into recession.
On Thursday:
The Dow Jones industrial average rose 216.58 points, or 1.3 per cent, to 16,677.90.
The S&P 500 gained 23.71 points, or 1.2 per cent, to 1,950.82.
The Nasdaq composite climbed 69.95 points, or 1.6 per cent, to 4,452.79.
For the week:
The Dow is up 297.49 points, or 1.8 per cent.
The S&P 500 is up 64.06, or 3.4 per cent.
The Nasdaq has added 194.35 points, or 4.6 per cent.
For the year:
The Dow is up 101.24 points, or 0.6 per cent.
The S&P 500 index is up 102.46 points, or 5.5 per cent.
The Nasdaq is up 276.20 points, or 6.6 per cent.
The post How the Dow Jones industrial average and other major averages did Thursday appeared first on Canadian Business.
On Thursday:
The Dow Jones industrial average rose 216.58 points, or 1.3 per cent, to 16,677.90.
The S&P 500 gained 23.71 points, or 1.2 per cent, to 1,950.82.
The Nasdaq composite climbed 69.95 points, or 1.6 per cent, to 4,452.79.
For the week:
The Dow is up 297.49 points, or 1.8 per cent.
The S&P 500 is up 64.06, or 3.4 per cent.
The Nasdaq has added 194.35 points, or 4.6 per cent.
For the year:
The Dow is up 101.24 points, or 0.6 per cent.
The S&P 500 index is up 102.46 points, or 5.5 per cent.
The Nasdaq is up 276.20 points, or 6.6 per cent.
The post How the Dow Jones industrial average and other major averages did Thursday appeared first on Canadian Business.
