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Is there a case for investing in retail right now? May 31st
Reitmans. JCPenney. Pier 1. True Religion. J.Crew. Neiman Marcus. These are just a few of the retailers that have filed for bankruptcy in 2020—and could become names no one mentions again. Everyone knows that retail has been ravaged by COVID-19, but it’s still wild to see how many big brands hav.... More »
Refinancing your mortgage? Here’s why a professional home appraisal is step one Mar 27th
Before you refinance your mortgage, it’s important to know your home’s true value. A professional home appraisal gives you an accurate picture of the value of your property, helping you make smarter financial decisions from lowering your monthly payments to accessing equity to evaluating your re.... More »
How the Liberals’ re-election impacts RRIFs, taxes and more May 6th
The Liberals held on to power in the recent federal election, and this has tax implications for Canada’s seniors and other taxpayers—in particular, for retirees and their strategies for their registered retirement income fund (RRIF) this year and possibly in the future.
Reduced RRIF minimum w.... More »
George Weston hikes dividend as improvements at Loblaw boost profit + MORE May 9th
Company posts a 189-per-cent increase to its first-quarter profit
.... More »
Best bank accounts for side hustles in Canada 2026 + MORE May 20th
More and more Canadians are learning how to hustle, with an estimated 28% of Canadians taking on short-term or freelance work, according to an H&R Block study. Gig work can be great for supplementing your income or paying for unexpected expenses, but you may want to keep that income separate fro.... More »
Channel NewsAsiaAustralian mum who killed eight children avoids chargesChannel NewsAsiaRaina Mersane Ina Thaiday, also known as Mersane Warria, was charged with murdering seven of her children and a niece. 2 related media assets (image or videos) available. Click to see the gallery. 04 May 2017 03:40PM (Updated: 04 May 2017 03:44PM ) …and more »
Home Capital’s credit rating slashed again after company delays earnings
– theglobeandmail.com
DBRS lowered its rating on Home Capital to CCC from BB, which is considered ‘very highly speculative grade quality’ and one notch away from likely default
Toronto area home price index rises 31.7 per cent in April
– canadianbusiness.com
New figures released this morning show that Toronto-area home prices continued to soar by double digits in April but the number of sales was down slightly compared with the same month last year.
The Toronto Real Estate Board says the average price in the area rose to $920,791 and its price index rose 31.7 per cent.
That was a slightly slower rate of increase than in March, when TREB’s price index rose 33.2 per cent year-over-year.
The board says there was a dramatic increase in the number of new listings, which rose by 33.6 per cent year-over-year.
But it also found the total number of sales in the Greater Toronto Area in April was down by 3.2 per cent from a year ago.
The post Toronto area home price index rises 31.7 per cent in April appeared first on Canadian Business – Your Source For Business News.
The Toronto Real Estate Board says the average price in the area rose to $920,791 and its price index rose 31.7 per cent.
That was a slightly slower rate of increase than in March, when TREB’s price index rose 33.2 per cent year-over-year.
The board says there was a dramatic increase in the number of new listings, which rose by 33.6 per cent year-over-year.
But it also found the total number of sales in the Greater Toronto Area in April was down by 3.2 per cent from a year ago.
The post Toronto area home price index rises 31.7 per cent in April appeared first on Canadian Business – Your Source For Business News.
‘Fairly big decisions’ are forthcoming for Torstar, new CEO says
– canadianbusiness.com
The new CEO of Torstar said Wednesday “everything is on the table” in his plans to transform the media giant to overcome ongoing declines in print advertising revenue.
Major changes are in store to better determine which consumers the company wants to serve and what assets best address their needs, said John Boynton, who took over as the company’s CEO and publisher of the Toronto Star at the end of March.
“We won’t be rounding at the edges,” Boynton said in an interview after the company’s annual general meeting.
“We’ll be making some fairly big decisions.”
Torstar (TSX:TS.B) will take at least three months to determine its target demographic, Boynton said, stressing the importance of not making any rash decisions.
“These things take time,” he said. “When companies rush them, they make bad decisions they regret.”
The road ahead will involve trial and error, though Torstar’s debt-free status gives it a “huge advantage” compared to its competitors, he added…
Major changes are in store to better determine which consumers the company wants to serve and what assets best address their needs, said John Boynton, who took over as the company’s CEO and publisher of the Toronto Star at the end of March.
“We won’t be rounding at the edges,” Boynton said in an interview after the company’s annual general meeting.
“We’ll be making some fairly big decisions.”
Torstar (TSX:TS.B) will take at least three months to determine its target demographic, Boynton said, stressing the importance of not making any rash decisions.
“These things take time,” he said. “When companies rush them, they make bad decisions they regret.”
The road ahead will involve trial and error, though Torstar’s debt-free status gives it a “huge advantage” compared to its competitors, he added…
This health food company has an insatiable appetite for growth
– theglobeandmail.com
Toronto-based company is attracting more investment interest amid a consumer shift toward healthier eating
