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Toronto and Vancouver among global cities at greatest risk of housing bubble: UBS + MORE Sep 28th
ZURICH _ Toronto has topped the list of major global cities most at risk of a housing bubble with Vancouver ranking fourth, according to a new report by UBS Group AB.
It’s the first time Toronto has cracked the annual rankings compiled for the UBS Global Real Estate Bubble Index, where other t.... More »
Alberta government names former PM Harper as AIMCo board chair, reappoints three former members - Calgary Herald + MORE Nov 20th
Alberta government names former PM Harper as AIMCo board chair, reappoints three former members Calgary HeraldStephen Harper appointed chairman of Alberta Investment Management Corporation CBC.caStephen Harper appointed to oversee $160B AIMCo fund Global News Toronto.... More »
Canadian dollar, TSX gain strength Wednesday as oil price rises - Montreal Gazette + MORE Jan 27th
The Globe and MailCanadian dollar, TSX gain strength Wednesday as oil price risesMontreal GazetteTORONTO - The Canadian dollar and Toronto Stock Exchange gained strength as Wednesday's trading session progressed. The S&P/TSX composite index had been down shortly after the open but was up 13.... More »
2015 Retirement 100: All Stars + MORE Oct 7th
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Toronto’s deflating housing bubble, in one chart + MORE Jul 7th
(iStock)
Home sales in Canada’s largest city slowed down for the third month in a row, according to numbers released from the Toronto Real Estate Board. That came as new listings rose nearly 16 per cent, and active listings surged over the year before.
The average house price still managed to inc.... More »
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
Portugal’s president opts for deal keeping coalition government in power
– canadianbusiness.com
LISBON, Portugal – Portugal’s president has accepted a compromise reached by the coalition government that allows it to stay in power, defusing a crisis that had roiled financial markets.
In an address to the nation, President Anibal Cavaco Silva ruled out early elections, opting for “the best alternative” which is “the continuation in office of the current government.”
The coalition nearly split July 2 when Foreign Minister Paulo Portas, the leader of the junior party, threatened to resign.
A compromise was reached within the coalition when Portas was appointed deputy to Prime Minister Pedro Passos Coelho, but this step required the president’s agreement, which he gave late Sunday.
The political dispute had raised fears that Portugal would be unable to abide by the terms of its 78 billion euros ($102 billion) international bailout.
The post Portugal’s president opts for deal keeping coalition government in power appeared first on Canadian Business.
In an address to the nation, President Anibal Cavaco Silva ruled out early elections, opting for “the best alternative” which is “the continuation in office of the current government.”
The coalition nearly split July 2 when Foreign Minister Paulo Portas, the leader of the junior party, threatened to resign.
A compromise was reached within the coalition when Portas was appointed deputy to Prime Minister Pedro Passos Coelho, but this step required the president’s agreement, which he gave late Sunday.
The political dispute had raised fears that Portugal would be unable to abide by the terms of its 78 billion euros ($102 billion) international bailout.
The post Portugal’s president opts for deal keeping coalition government in power appeared first on Canadian Business.
Canada’s municipalities may be unlikely to face the same fate as Detroit, which became the largest U.S. city to file for bankruptcy, but the financial fall of Motor City carries lessons for towns and cities here, experts say.
