CashNews.co Housing affordability has improved across the country in July, as mortgage rates have softened as the Bank of Canada eases monetary policy. (Getty Images) (Osarieme Eweka via Getty Images) Housing affordability improved across the country in July, as mortgage rates softened with the Bank of Canada easing monetary policy. According to an analysis conducted […]
Social Finance Fund-backed Boann reveals first investments in Canadian impact funds #CanadaFinance
CashNews.co Portfolio includes Active Impact, BKR, Cycle H2O, InvestEco, Raven, Renewal, Sandpiper, Spring, The51. Federal government-backed, Toronto-based fund-of-funds Boann Social Impact has disclosed its first 13 investments in Canadian impact fund managers. The recipients include nine social and environmental impact-focused funds, most of which focus on investing in technology startups. This group includes Active […]
Benefits Canada.comOntario Teachers’ appointing Mabel Wong as CFOThe Ontario Teachers' Pension Plan is appointing Mabel Wong as its chief financial officer, effective immediately. She officially enters the role after….8 hours ago #CanadaFinance
CashNews.co Benefits Canada.comOntario Teachers’ appointing Mabel Wong as CFOThe Ontario Teachers’ Pension Plan is appointing Mabel Wong as its chief financial officer, effective immediately. She officially enters the role after….8 hours ago Read More #cashnews #Canada #finance
Is Canada’s mining industry in decline? #CanadaFinance
CashNews.co Breadcrumb Trail Links Commodities Mining South African mining giant’s purchase of Osisko highlights how some of the country’s richest mines are now managed by companies with headquarters in Switzerland, Brazil, Australia and beyond Published Aug 19, 2024 • Last updated 9 hours ago • 11 minute read You can save this article by registering for […]
Telesat Works to Finalize Canadian Funding Agreements, Revenue Drops 15% in Q2 #CanadaFinance
CashNews.co Photo by Telesat Telesat reported a 15% drop in revenue in the second quarter of 2024 as the operator ramps up capital expenditures for the Lightspeed constellation and works to finalize funding agreements with Canadian governments. Canadian satellite operator Telesat reported its second quarter financial results on August 14, reporting $152 million Canadian dollars […]
What Canada’s telecoms could sell to pare debt #CanadaFinance
CashNews.co CIBC says Rogers is unlikely to drop its half of the 75 per cent stake in Maple Leafs Sports and Entertainment, but BCE is “potentially a more motivated seller.” (Photo by Roberto Machado Noa/LightRocket via Getty Images) (Roberto Machado Noa via Getty Images) Canada’s telecommunications giants may be looking to sell non-core assets as […]
Canada beholden to China for energy transition: Report #CanadaFinance
CashNews.co Wood Mackenzie estimates China spent nearly half of the US$55 billion committed to new copper mine supply since 2019. (THE CANADIAN PRESS/Ryan Remiorz) (The Canadian Press) Chinese dominance in copper is so strong that countries looking to limit China’s role in their energy transition plans risk higher prices, and ultimately a slower response to […]
Swiss propose expanding climate finance donors, academics urge new thinking #CanadaFinance
CashNews.co Detailed criteria would include China and Gulf States in the donor base. But experts recommend incentives not coercion. As diplomats get ready to restart talks next month over the new UN climate finance target, the question of who should be putting money into the pot looms large over the negotiations. Most developing countries offer […]
Canadian group targets 7-Eleven owner in Japan’s biggest foreign takeover approach #CanadaFinance
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Japanese operator of 7-Eleven, the world’s biggest convenience store chain, has received a takeover approach from the Canadian retailer Alimentation Couche-Tard, which controls the Circle K brand. Couche-Tard’s approach to Seven & i […]
Canada’s Couche-Tard confirms buyout offer for Japan’s Seven & i #CanadaFinance
CashNews.co (Reuters) – Canada’s Alimentation Couche-Tard confirmed on Monday it has made an offer to buy Japan’s Seven & i. The 7-Eleven owner had said earlier on Monday it had received a preliminary takeover offer from Couche-Tard and has formed a special committee to review the proposal. Shares of Seven & i closed up about […]