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Real estate council imposes licence conditions on brokerage after Globe investigation - The Globe and Mail + MORE Apr 10th
The Globe and MailReal estate council imposes licence conditions on brokerage after Globe investigationThe Globe and MailThe Real Estate Council of British Columbia has imposed a list of conditions on New Coast Realty's brokerage licence, following a Globe investigation into the fast-growing Va.... More »
DRAFT Canada’s best dividends 2022: How we chose the winners + MORE Feb 16th
Overview
Top 100 Dividend Stocks
Past Performance
Methodology
Our evaluation encompassed all of the dividend-paying st.... More »
Singapore starts trial of ex-banker linked to 1MDB Fund + MORE Oct 31st
SINGAPORE – A private banker charged with money laundering and other offences in connection with the indebted Malaysian state fund 1MDB went on trial in Singapore on Monday.
Yeo Jiawei, a former wealth planner at Swiss private bank BSI, is facing 11 charges for allegedly obstructing the course.... More »
Selling a cottage to a family member: What that means for capital gains Jul 18th
AskMoneySense
I shared a cottage property with my brother. I sold my half to my half to my niece. Do I have to pay capital gains tax? If so, how do you calculate this? How do you determine the adjusted cost base? What expenses can be applied?
—Terry
What happens when you sell your cottage t.... More »
Navigating the Future of Finance: The Intersection of Technology and Creativity Apr 11th
In an era where the pulse of finance is increasingly dictated by technological advancements, the industry stands at a crossroads. The trajectory of financial services is no longer solely in the hands of traditional banking institutions or even fintech disruptors. Instead, it lies at the intersection.... More »
Before the Bell: Oil's slide signals lower start in U.S.
– theglobeandmail.com
Jennifer Dowty, Chartered Financial Analyst, looks ahead to the market trading day
Valeant CEO on medical leave with pneumonia, company says
– canadianbusiness.com
LAVAL, Que. – Embattled pharmaceutical firm Valeant International says its chief executive is taking a medical leave of absence.
The Quebec-based company previously revealed that Michael Pearson was hospitalized last week with what it described as a severe case of pneumonia.
Valeant (TSX:VRX) did not offer updates on Pearson’s condition, but says his leave of absence takes effect immediately.
Valeant says Pearson’s duties will be shared on an interim basis between General Council Robert Chai-Onn, Company Group Chairman Ari Kellen, and Chief Financial Officer Robert Rosiello.
Valeant has been facing a series of scandals that have slashed its stock price by more than half since record highs posted in August.
The company is facing a congressional investigation in the U.S. over its pricing practices and has been forced to revise its 2016 outlook after ending a drug distribution agreement with the controversial Philidor mail-order pharmacy.
Pearson himself had been facing criticism for Valeant’s share price collapse and recently struck a defiant tone after calls for his dismissal surfaced…
The Quebec-based company previously revealed that Michael Pearson was hospitalized last week with what it described as a severe case of pneumonia.
Valeant (TSX:VRX) did not offer updates on Pearson’s condition, but says his leave of absence takes effect immediately.
Valeant says Pearson’s duties will be shared on an interim basis between General Council Robert Chai-Onn, Company Group Chairman Ari Kellen, and Chief Financial Officer Robert Rosiello.
Valeant has been facing a series of scandals that have slashed its stock price by more than half since record highs posted in August.
The company is facing a congressional investigation in the U.S. over its pricing practices and has been forced to revise its 2016 outlook after ending a drug distribution agreement with the controversial Philidor mail-order pharmacy.
Pearson himself had been facing criticism for Valeant’s share price collapse and recently struck a defiant tone after calls for his dismissal surfaced…
At the open: U.S. stocks fall as crude tumbles
– theglobeandmail.com
Energy and mining companies take a hit as TSX stays closed for holiday
Beyond the pump: US oil price slide, layoffs weighing on housing markets after years of gains
– canadianbusiness.com
There’s a dark side to those delightfully low gas prices: Housing markets are slumping in communities that were recently flush from the U.S. shale oil fracking boom.
Home sales are down sharply this year in North Dakota and the West Texas cities of Midland and Odesa. Home sales have also slowed in El Paso, and, more recently, in Houston.
The drilling boom, driven by high oil prices and new discoveries, brought tens of thousands of workers to oil fields in several states to run drilling rigs and supply the equipment and services needed to produce crude.
Then the price of oil tanked, plummeting by half in late 2014 and reaching levels this year not seen since the financial crisis. Oil companies abandoned drilling projects and began laying off workers.
The post Beyond the pump: US oil price slide, layoffs weighing on housing markets after years of gains appeared first on Canadian Business – Your Source For Business News.
Home sales are down sharply this year in North Dakota and the West Texas cities of Midland and Odesa. Home sales have also slowed in El Paso, and, more recently, in Houston.
The drilling boom, driven by high oil prices and new discoveries, brought tens of thousands of workers to oil fields in several states to run drilling rigs and supply the equipment and services needed to produce crude.
Then the price of oil tanked, plummeting by half in late 2014 and reaching levels this year not seen since the financial crisis. Oil companies abandoned drilling projects and began laying off workers.
The post Beyond the pump: US oil price slide, layoffs weighing on housing markets after years of gains appeared first on Canadian Business – Your Source For Business News.
