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Making sense of the markets this week: June 12 Jun 10th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
Five-Dollarama
In an otherwise quiet North American earnings week, investors looked to the Dollarama (DOL/TSX) earnings call .... More »
Making sense of the markets this week: December 14 Dec 12th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
What’s coming down the pipeline for Canadian investors?
Canadian pipeline companies move oil and gas around North America. They don’t carry the risk of having to find an.... More »
Financial reality check: 5 money rules Gen Z should retire + MORE Dec 18th
A new poll revealed that a quarter of Canadians feel the financial advice they inherited from older generations no longer applies in 2025. For Gen Z, that number jumps to 34%. And for big-ticket purchases, the gap is even bigger: almost half of 18 to 34 year olds say traditional home-buying advice n.... More »
B.C. ranchers say costs of wildfires likely top hundreds of millions + MORE Jul 26th
The British Columbia Cattlemen’s Association says wildfires have inflicted a terrible financial and emotional toll on its members.
Association manager Kevin Boon says wildfires that broke out earlier this month in B.C.’s Cariboo and Chilcotin regions are estimated to have charred about 1.... More »
June 2017 Dividend Income Update + MORE Jul 18th
Save, invest, prosper with My Own Advisor.
June 2017 Dividend Income Update Welcome to my latest dividend income update. For those of you new to these posts on my site, every month I discuss my approach to investing using Canadian dividend paying stocks and Exchange Traded Funds (ETFs), and how .... More »
The close: TSX falls as U.S. earnings dent sentiment
– theglobeandmail.com
Wall Street sells off on weak earnings, election fears
Innovation minister says Liberals ready to invest in Bombardier, cites conditions
– canadianbusiness.com
MONTREAL – Innovation Minister Navdeep Bains is saying Canada’s investment in aerospace giant Bombardier is not a matter of if but how.
The minister says the federal government wants to be a partner with the Montreal-based company but he didn’t give details today as to exactly how much Ottawa will invest or where the money will be targeted.
Bombardier (TSX:BBD.B) has asked Ottawa for $1 billion in aid and has already received a similar amount from the provincial government for its CSeries aircraft program.
Bains says federal funding will be conditional on Bombardier keeping its head office in Canada as well as pursuing its research and development activities and maintaining manufacturing jobs.
The CSeries has received major orders from Air Canada and Delta Air Lines.
Bains was in Montreal announcing up to $54 million in federal funding for an aerospace research consortium led by Bombardier.
The post Innovation minister says Liberals ready to invest in Bombardier, cites conditions appeared first on Canadian Business – Your Source For Business News.
The minister says the federal government wants to be a partner with the Montreal-based company but he didn’t give details today as to exactly how much Ottawa will invest or where the money will be targeted.
Bombardier (TSX:BBD.B) has asked Ottawa for $1 billion in aid and has already received a similar amount from the provincial government for its CSeries aircraft program.
Bains says federal funding will be conditional on Bombardier keeping its head office in Canada as well as pursuing its research and development activities and maintaining manufacturing jobs.
The CSeries has received major orders from Air Canada and Delta Air Lines.
Bains was in Montreal announcing up to $54 million in federal funding for an aerospace research consortium led by Bombardier.
The post Innovation minister says Liberals ready to invest in Bombardier, cites conditions appeared first on Canadian Business – Your Source For Business News.
Long-time head of investment banking at TD Securities to exit at year’s end
– theglobeandmail.com
Pat Meneley will leave the post at the end of the year and a new senior management team will take the reins
Unifor shifts sights to Ford after reaching tentative deal with Fiat Chrysler
– canadianbusiness.com
TORONTO – As the union representing auto workers turns its attention to its final target, Unifor president Jerry Dias says that securing investment for Ford’s engine plant in Windsor, Ont., is his top priority.
“Their operations are getting pretty old,” Dias said in an interview Tuesday. “We haven’t had investment for quite a while, so we need a new engine program.”
Now that agreements have been struck with two out of the three automakers, Dias is gearing up for what he predicts will be an “interesting” set of talks with Ford.
Unifor hammered out a tentative deal with Fiat Chrysler just ahead of a strike deadline Monday that will see the automaker invest $554 million in its Ontario plants.
If approved, the four-year deal will also see wages and benefits boosted in line with the pattern established with General Motors last month.
That deal, which has been approved by GM workers, includes a two per cent wage increase this year, another two per cent increase in September 2019 and a $6,000 signing bonus plus lump sum bonuses…
“Their operations are getting pretty old,” Dias said in an interview Tuesday. “We haven’t had investment for quite a while, so we need a new engine program.”
Now that agreements have been struck with two out of the three automakers, Dias is gearing up for what he predicts will be an “interesting” set of talks with Ford.
Unifor hammered out a tentative deal with Fiat Chrysler just ahead of a strike deadline Monday that will see the automaker invest $554 million in its Ontario plants.
If approved, the four-year deal will also see wages and benefits boosted in line with the pattern established with General Motors last month.
That deal, which has been approved by GM workers, includes a two per cent wage increase this year, another two per cent increase in September 2019 and a $6,000 signing bonus plus lump sum bonuses…
Toronto StarThe close: TSX edges lower as US earnings dent sentimentThe Globe and MailCanada's main stock index edged lower on Tuesday as a disappointing start to U.S. earnings season weighed, offsetting gains for the shares of energy companies after a move higher in oil prices. Modest losses for the TSX follow a market holiday on …TSX barely changed as oil retreats; Wall Street plunges on corporate earningsCanadianBusiness.com3rd quarter reviewThe Chronicle JournalTSX May Open Lower with CommoditiesNasdaqall 11 news articles »
