Tim Hortons sees slow sales for 5th straight quarter amid franchisee dispute + MORE Feb 12th

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BMO, CIBC's Simplii warn 'fraudsters' may have breached tens of thousands of customers' accounts - The Globe and Mail May 28th

The Globe and MailBMO, CIBC's Simplii warn 'fraudsters' may have breached tens of thousands of customers' accountsThe Globe and MailThe subject who is truly loyal to the Chief Magistrate will neither advise nor submit to arbitrary measures. close panel. close panel. Privacy Polic.... More »

Amid talk of arm sales and human rights, don't forget the Khashoggi case is personal - The Globe and Mail Oct 28th

The Globe and MailAmid talk of arm sales and human rights, don't forget the Khashoggi case is personalThe Globe and MailOn the day journalist Jamal Khashoggi was killed in the Saudi consulate in Istanbul, U.S. President Donald Trump told a rally in Southaven, Miss., that Saudi Arabia's Kin.... More »
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Cannabis producer Aphria's shares seesaw on 3rd day since short seller's attack + MORE Dec 5th

Shares in battered Canadian cannabis company Aphria seesaw after the company that sold them assets a short seller says are worthless defends the transaction..... More »

Budget’s second parent leave formula favours men over women: experts + MORE Mar 1st

TORONTO _ The federal budget might have been sold on its female-friendly features, but business experts say it still falls short in solving the wage gap because the formula it uses to calculate employment insurance still favours men over women. Under the government’s new EI Parental Sharing Be.... More »

Timing CPP and OAS with workplace pensions + MORE Mar 28th

Q: My husband is retired military and will turn 60 this year. He’s been told by his military buddies that he should apply soon for his CPP as then he can receive it and the bridge for the next five years. I thought he should be delaying on taking his CPP but perhaps it’s the OAS he should dela.... More »
Montreal-based investment manager Jarislowsky Fraser, which has more than $40 billion in assets under management, is being acquired by Scotiabank in a deal worth $950 million.

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Why Liverpool’s Fabric District Is The Place To InvestLiverpool’s Fabric District
Hailed as the next up and coming area to put Liverpool on the map is…the Fabric District. Nestled between Islington and London Road, this area takes its name from its links to the textiles traditions.
Islington will see a change to its landscape unlike ever before. It’s ripe for investment and here’s why. Liverpool’s Fabric District is at the start of a fantastic renaissance. With big ambitions on the horizon investment opportunities are abundant, as several new housing schemes are planned for the area.
This is Liverpool’s regeneration zone, the Fabric District will create a housing stock including swanky apartments, family homes and places to live for professionals. Investment opportunities are huge.
The District is steeped in the city’s rag trade heritage, which can be traced back to the early 19th Century, and is still today, home to fabric shops and sewing emporiums. Islington’s well-known Stafford Street, with other textile business close by, is what will become a new area with big plans and lots of ambition…

Continue Reading On investitwisely.com »

Tim Hortons restaurants recorded a fifth consecutive quarter of sluggish sales, while its parent company Restaurant Brands International Inc. outperformed analyst expectations on profit for its fourth quarter.
The sales slowdown comes as about half of the company’s Canadian Tim Hortons franchisees joined an unsanctioned organization to fight against what they say is their corporate parent’s mismanagement of the coffee-and-doughnut chain.
Comparable sales at Tim Hortons restaurants worldwide slipped 0.1 per cent for the 2017 financial year and grew 0.1 per cent for the fourth quarter, ending Dec. 31, 2017.
The chain last registered comparable sales above 0.3 per cent during the third quarter of its 2016 financial year when the metric reached two per cent.
“We have seen some sequential improvement in the comparable sales of Tims in Canada,” said CEO Daniel Schwartz in a conference call with analysts, pointing to the company’s 0.8 per cent growth in the country during the most recent quarter…

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The Investment Industry Regulatory Organization of Canada claims Sean St. John ‘failed to respect the fair allocation process’ required by trading regulations and the bank’s own policies

Continue Reading On theglobeandmail.com »

TORONTO _ Canada’s main stock index surged more than 200 points in a broad-based advance as U.S. stocks rallied for a second session in a row, erasing some of the massive losses suffered last week.
The gains came after the Toronto stock index dropped more than eight per cent from its all-time high and leading Wall Street indexes slumped into a 10 per cent correction for the first time in two years.
The S&P/TSX composite index advanced 207.35 points or 1.38 per cent to 15,241.88, with materials and gold stocks leading the way.
In New York, the Dow Jones industrial average soared 410.37 points or 1.70 per cent to 24,601.27. The S&P 500 index was up 36.45 points or 1.39 per cent to 2,656.00, and the Nasdaq composite index was up 107.47 points or 1.56 per cent to 6,981.96.
The Canadian dollar closed an average trading value of 79.35 cents US, up 0.04 of a U.S. cent _ putting an end to last week’s five-day slide.
The March crude contract was up nine cents to US$59.29 per barrel after sharp drops all of last week and the March natural gas contract was down three cents at US$2…

Continue Reading On canadianbusiness.com »


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