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

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Toronto Real Estate Board sues listings website Mongohouse for $2.1M Oct 5th

The Toronto Real Estate Board is suing property listings website Mongohouse for $2 million, alleging that the anonymously-run page is illegally accessing, copying and distributing proprietary data..... More »

FBI contacts second woman in claims of sexual misconduct against Brett Kavanaugh - The Australian Financial Review Sep 30th

The Australian Financial ReviewFBI contacts second woman in claims of sexual misconduct against Brett KavanaughThe Australian Financial ReviewBrett Kavanaugh has denied the accusations by Ms Ramirez and Ms Swetnick and has said emphatically that he never abused or assaulted anyone. AP. Washington | .... More »

Spotify opens at nearly $166 a share in unconventional U.S. listing, then slips Apr 3rd

The highly anticipated shares of music streaming app Spotify opened for trading on the New York Stock Exchange on Tuesday at $165.90 US — nearly 26 per cent above the price set just a day before..... More »

Home sales down slightly in September in first dip since spring Oct 15th

The Canadian Real Estate Association says home sales in September fell 0.4 per cent compared with August, but average prices are still up slightly compared to this time last year..... 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…

Continue Reading On canadianbusiness.com »

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…

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