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Buying your first car in Canada: Insider tips from a salesperson + MORE Dec 11th
Buying a car is a major financial decision, possibly the biggest purchase you’ll ever make besides buying a home. Monthly housing costs should not take up more than 32% of your gross household income. Your car budget, while much smaller, could still be as high as 10%. And with Canada’s increasin.... More »
BMO, Scotiabank top earnings forecasts but sound wary note for road ahead - The Globe and Mail Aug 27th
BMO, Scotiabank top earnings forecasts but sound wary note for road ahead The Globe and MailCanada’s Big Banks Expected to See Revenue Boost From Solid Capital Markets The Wall Street Journal'Uncertainty meter has gone down': Bank execs hope for economic 'green shoots' after .... More »
Bombardier and Trudeau say they're close to hammering out a funding deal + MORE Dec 16th
Bombardier says it's close to hammering out a financing deal with the federal government even as the transportation giant forecasts strong earnings growth in next year and enough cash to achieve to its turnaround plan..... More »
Stock news for investors: Canopy Growth to acquire MTL Cannabis in $125-million deal + MORE Dec 19th
Here’s a round-up of news for Canadian investors this week.
Canopy Growth
Blackberry
Transat
Featured RRSP Accounts
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EQ Bank
Build your retirement savings with 1.50% in.... More »
Police release graphic video of fatal shooting in downtown Toronto, looking to identify suspects - Globalnews.ca May 25th
Globalnews.caPolice release graphic video of fatal shooting in downtown Toronto, looking to identify suspectsGlobalnews.caWARNING: Viewer discretion is advised. The Toronto police homicide squad say they have released a graphic video showing the fatal shooting of Jaiden Jackson with the goal of iden.... More »
China’s Wanda buys Dick Clark Productions for $1 billion
– canadianbusiness.com
BEIJING, China – China’s Dalian Wanda Group has spent $1 billion to acquire Dick Clark Productions, the TV company that produces the “Miss America” pageant and the Golden Globe awards.
Wanda announced the deal in a statement Friday.
Wanda’s push into the U.S. entertainment industry has led to calls from some American lawmakers for greater scrutiny of Chinese investment amid concerns about creative freedom and the promotion of Chinese propaganda.
Wanda already owns AMC Theaters and bought Legendary Entertainment for $3.5 billion in January. It also announced a movie partnership in September with Sony Pictures.
The namesake company of legendary American television host Dick Clark was purchased in 2012 by a group including investment firm Guggenheim Partners. It owns several awards shows and the New Year’s Eve countdown show in New York.
The post China’s Wanda buys Dick Clark Productions for $1 billion appeared first on Canadian Business – Your Source For Business News.
Wanda announced the deal in a statement Friday.
Wanda’s push into the U.S. entertainment industry has led to calls from some American lawmakers for greater scrutiny of Chinese investment amid concerns about creative freedom and the promotion of Chinese propaganda.
Wanda already owns AMC Theaters and bought Legendary Entertainment for $3.5 billion in January. It also announced a movie partnership in September with Sony Pictures.
The namesake company of legendary American television host Dick Clark was purchased in 2012 by a group including investment firm Guggenheim Partners. It owns several awards shows and the New Year’s Eve countdown show in New York.
The post China’s Wanda buys Dick Clark Productions for $1 billion appeared first on Canadian Business – Your Source For Business News.
Reuters CanadaTSX falls to three-week low as energy shares track oil lowerReuters CanadaTORONTO (Reuters) – Canada's main stock index fell on Thursday to a three-week low as weaker oil prices sparked a sell-off in energy shares, but the financials and materials groups gained ground. The Toronto Stock Exchange's S&P/TSX composite index .Canada shares lower at close of trade; S&P/TSX Composite down 0.08%Investing.com UKall 14 news articles »
In a hidden camera investigation carried out in the Greater Toronto Area, Marketplace found some real estate agents promised to use confidential information in an effort to double their commission on home sales.
October home prices soar in Toronto
– moneysense.ca
TORONTO – October was another hot month for the Toronto area’s residential real estate market, with the number of sales hitting a record high and prices soaring by double-digits.
The Toronto Real Estate Board says there were 9,768 sales in the Greater Toronto Area — up 11.5 per cent from the same month last year.
Its benchmark price index was also up by 19.7 per cent from a year ago and the average selling price for all types of homes rising by 21.1 per cent to $762,975.
TREB president Larry Cerqua (SIR-kwa) says growth was strong throughout October — a month in which Finance Minister Bill Morneau announced stricter rules for mortgage lenders and foreign buyers.
He says TREB will be monitoring sales and listings carefully in light of Morneau’s policy changes and the board is surveying consumers to measure buying intentions for 2017.
The Toronto Real Estate Board says there were 9,768 sales in the Greater Toronto Area — up 11.5 per cent from the same month last year.
Its benchmark price index was also up by 19.7 per cent from a year ago and the average selling price for all types of homes rising by 21.1 per cent to $762,975.
TREB president Larry Cerqua (SIR-kwa) says growth was strong throughout October — a month in which Finance Minister Bill Morneau announced stricter rules for mortgage lenders and foreign buyers.
He says TREB will be monitoring sales and listings carefully in light of Morneau’s policy changes and the board is surveying consumers to measure buying intentions for 2017.
More on real estate:
Top 25 Toronto neighbourhoods to buy in
Top 25 richest neighbourhoods in Canada
Toronto’s top neighbourhoods
The post October home prices soar in Toronto appeared first on MoneySense.
Nortel Networks, pension group battle over $7.3-billion in assets
– theglobeandmail.com
Pension Benefit Guaranty says it will ‘defend its claims aggressively’ to ensure it receives the highest payout possible
