The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
Latest News
Kevin Durant breaks down Jimmy Butler's 40-point triple-double from the NBA Finals | Detail on ESPN+ - ESPN + MORE Oct 8th
Kevin Durant breaks down Jimmy Butler's 40-point triple-double from the NBA Finals | Detail on ESPN+ ESPNNBA Finals 2020: Taking stock of the Finals MVP race between LeBron James, Anthony Davis and Jimmy Butler. NBA CALakers to wear Mamba jerseys in Game 5 with chance to win an.... More »
Toronto mayor asks for help with refugees and asylum seekers in shelter system - CityNews Jun 26th
Toronto mayor asks for help with refugees and asylum seekers in shelter systemCityNewsTORONTO – The mayor of Canada's most populous city says Toronto can no longer accommodate new waves of refugees and asylum seekers in its shelter system without help from the federal and provincial governmen.... More »
GameStop stock sees price drops after restrictions put on trades - CBC News: The National Jan 29th
GameStop stock sees price drops after restrictions put on trades CBC News: The NationalRobinhood Users Suing Over Trade Limits Face High Legal Bar Yahoo Canada FinanceGameStop frenzy is stock market gambling, WallStreetBets founder says Global NewsThe surge in GameSt.... More »
When luring foreign investment, don’t forget the human factor + MORE Feb 24th
International businesses considering Canada as a destination need help to find top talent, advance research, and establish ties with local SMEs
.... More »
Activision Blizzard Stock Drops After Bungie Split - Game Rant Jan 11th
Activision Blizzard Stock Drops After Bungie Split Game RantBungie Announces It’s Splitting With Activision But Keeping "Destiny" HotNewHipHopDestiny: We React to the Activision Bungie Split IGNBungie Splits With Activision, Keeps Destiny KotakuStocks ma.... More »
Vancouver home sales plunge nearly 33%
– moneysense.ca
VANCOUVER – The Real Estate Board of Greater Vancouver says home sales in Metro Vancouver in September plunged by 32.6 per cent compared to the same month last year.
The board says there were 2,253 homes sold last month, a steep drop from the 3,345 home sales recorded in September 2015.
Last month was the second month that a 15 per cent tax applied to foreign buyers of property in the city.
The composite benchmark price for all residential properties was $931,000, a 28.9 per cent increase compared to the same month last year but a 0.1 per cent decline compared to August 2016.
Board chairman Dan Morrison says there’s uncertainty in the city’s real estate market and homebuyers and sellers are having trouble establishing prices as a result.
Morrison says there is more demand for condominiums and townhomes than detached homes, supporting some analyst predictions that there’s still interest among first-time buyers to get into the Vancouver market.
The post Vancouver home sales plunge nearly 33% appeared first on MoneySense.
The board says there were 2,253 homes sold last month, a steep drop from the 3,345 home sales recorded in September 2015.
Last month was the second month that a 15 per cent tax applied to foreign buyers of property in the city.
The composite benchmark price for all residential properties was $931,000, a 28.9 per cent increase compared to the same month last year but a 0.1 per cent decline compared to August 2016.
Board chairman Dan Morrison says there’s uncertainty in the city’s real estate market and homebuyers and sellers are having trouble establishing prices as a result.
Morrison says there is more demand for condominiums and townhomes than detached homes, supporting some analyst predictions that there’s still interest among first-time buyers to get into the Vancouver market.
The post Vancouver home sales plunge nearly 33% appeared first on MoneySense.
Gold prices plunge, Toronto Stock Exchange and loonie lower this morning
– canadianbusiness.com
TORONTO – The price of gold, the Canadian dollar and most North American stock indexes were lower this morning.
At the Toronto Stock Exchange, the S&P/TSX index was down a moderate 74.26 points at 14,614.76 after nearly two hours of trading.
The market’s gold sector showed the biggest decline as the December gold contract plunged $26.10 to US$1,286.60 an ounce — the lowest since late June, according to data from the CME Group.
The Dow Jones industrial average was down 30.65 points at 18,223.20, while the broader S&P 500 composite index lowered 5.18 points to 2,156.02. The technology-heavy Nasdaq composite bucked the trend and rose 1.33 points to 5,302.21.
The Canadian dollar was at 75.96 cents US, down 0.32 of a cent from Monday’s close.
The November crude contract was up 24 cents at US$49.05 per barrel, November natural gas was down nearly three cents at just under US$2.90 per mmBTU, and December copper contracts fell one cent to US$2.18 a pound.
The post Gold prices plunge, Toronto Stock Exchange and loonie lower this morning appeared first on Canadian Business – Your Source For Business News.
At the Toronto Stock Exchange, the S&P/TSX index was down a moderate 74.26 points at 14,614.76 after nearly two hours of trading.
The market’s gold sector showed the biggest decline as the December gold contract plunged $26.10 to US$1,286.60 an ounce — the lowest since late June, according to data from the CME Group.
The Dow Jones industrial average was down 30.65 points at 18,223.20, while the broader S&P 500 composite index lowered 5.18 points to 2,156.02. The technology-heavy Nasdaq composite bucked the trend and rose 1.33 points to 5,302.21.
The Canadian dollar was at 75.96 cents US, down 0.32 of a cent from Monday’s close.
The November crude contract was up 24 cents at US$49.05 per barrel, November natural gas was down nearly three cents at just under US$2.90 per mmBTU, and December copper contracts fell one cent to US$2.18 a pound.
The post Gold prices plunge, Toronto Stock Exchange and loonie lower this morning appeared first on Canadian Business – Your Source For Business News.
Pittsburgh Penguins say PPG Paints is taking over arena name
– canadianbusiness.com
PITTSBURGH, Pa. – The Pittsburgh Penguins have announced their arena naming rights are shifting from Consol Energy Center to PPG Paints Arena.
PPG and the team say the new deal covers 20 years, although they didn’t disclose financial terms.
The move essentially transfers the arena’s naming rights from one large Pittsburgh-area company to another. Consol Energy signed on as a title sponsor of the arena when it opened in 2010.
Consol confirmed they are transferring the naming rights to PPG. The company has struggled with low energy prices in recent months and says the move is part of its corporate transformation, as it moves from a company based on coal production to one that focuses on natural gas.
The post Pittsburgh Penguins say PPG Paints is taking over arena name appeared first on Canadian Business – Your Source For Business News.
PPG and the team say the new deal covers 20 years, although they didn’t disclose financial terms.
The move essentially transfers the arena’s naming rights from one large Pittsburgh-area company to another. Consol Energy signed on as a title sponsor of the arena when it opened in 2010.
Consol confirmed they are transferring the naming rights to PPG. The company has struggled with low energy prices in recent months and says the move is part of its corporate transformation, as it moves from a company based on coal production to one that focuses on natural gas.
The post Pittsburgh Penguins say PPG Paints is taking over arena name appeared first on Canadian Business – Your Source For Business News.
The Globe and MailOttawa has brought this country's housing fantasy to an endThe Globe and MailAre you a first-time home buyer concerned about the housing rule changes? Email RYounglai@globeandmail.com and you could be featured in a story. The fantasy of endlessly rising house prices is over. If the housing market doesn't respond to measures …New real estate rules to dampen home sales beyond Toronto and Vancouver, banks sayGlobalnews.caMorneau's measures to stabilize real estate sectorCTV NewsChanges to tax regime and mortgage rules may cool Vancouver housing marketVancouver SunFinancial Post -Bloomberg -MoneySense -MetroNews Canadaall 176 news articles »
Abu Dhabi oil company to merge 2 offshore divisions in UAE
– canadianbusiness.com
DUBAI, United Arab Emirates – The United Arab Emirates’ main state oil company is combining two major offshore divisions as it streamlines its operations amid a slump in oil prices.
The Abu Dhabi National Oil Company, or ADNOC, said Tuesday it will lump the Abu Dhabi Marine Operating Company and the Zakum Development Company into a single new firm.
ADNOC CEO and Emirati Minister of State Sultan al-Jaber says the move comes as the company focuses on “driving efficiency, performance and profitability.”
Abu Dhabi holds the bulk of the oil wealth in the seven-state Emirates federation, one of OPEC’s largest crude producers.
ADNOC has a 60 per cent stake in both offshore divisions. Foreign oil companies hold minority stakes.
The post Abu Dhabi oil company to merge 2 offshore divisions in UAE appeared first on Canadian Business – Your Source For Business News.
The Abu Dhabi National Oil Company, or ADNOC, said Tuesday it will lump the Abu Dhabi Marine Operating Company and the Zakum Development Company into a single new firm.
ADNOC CEO and Emirati Minister of State Sultan al-Jaber says the move comes as the company focuses on “driving efficiency, performance and profitability.”
Abu Dhabi holds the bulk of the oil wealth in the seven-state Emirates federation, one of OPEC’s largest crude producers.
ADNOC has a 60 per cent stake in both offshore divisions. Foreign oil companies hold minority stakes.
The post Abu Dhabi oil company to merge 2 offshore divisions in UAE appeared first on Canadian Business – Your Source For Business News.
