CashNews.co By Nikhil Sharma and Fergal Smith (Reuters) -Canada’s main stock index rose for a sixth straight day on Thursday, with resource and technology stocks leading a broad-based rally as U.S. economic data bolstered hopes of a soft landing for the economy. The S&P/TSX composite index ended up 272.71 points, or 1.2%, at 23,032.72, stopping […]
More Canadians say they struggle to make ends meet: Statistics Canada #CanadaFinance
CashNews.co The impact of rising prices decreases as respondents’ income goes up, with 59 per cent of those in the lowest income quintile saying their ability to meet daily expenses has been greatly affected. (Photo by Liang Sen/Xinhua via Getty Images) (Xinhua News Agency via Getty Images) Nearly half of Canadians say rising prices are […]
Việt Nam, Canada seek co-operation opportunities in energy, production, finance #CanadaFinance
CashNews.co Delegates participating the seminar in Toronto on Wednesday to promote co-operation in energy, production and finance between Việt Nam and Canada. — VNA/VNS Photo Trung Dũng OTTAWA — The Commission for Management of State Capital at Enterprises (CMSC), in collaboration with the Việt Nam Trade Office in Canada and the Export Development Canada (EDC), […]
Fired CFO says RBC ended her chance of being first female CEO #CanadaFinance
CashNews.co Good morning. Royal Bank of Canada’s former chief financial officer is taking legal action against the bank after her dismissal. In April, I reported that the Royal Bank of Canada (RBC) fired Nadine Ahn, who had been with the bank for about 25 years, and was promoted to the role of CFO in 2021. […]
BoC rate cut gives indebted Canadians reason to hope: poll #CanadaFinance
CashNews.co Breadcrumb Trail Links News Economy Personal Finance Debt A rising number of people believe the economy will improve over the next two months Published Aug 15, 2024 • Last updated 24 minutes ago • 3 minute read You can save this article by registering for free here. Or sign-in if you have an account. Pedestrians […]
Weekly stock market update | Edward Jones #CanadaFinance
CashNews.co Craig Fehr is a principal and the leader of investment strategy for Edward Jones. Craig is responsible for analyzing and interpreting economic trends and market conditions, along with constructing investment strategies and asset allocation guidance designed to help investors reach their financial goals. He has been featured in Barron’s, The Wall Street Journalthe Financial […]
Sun Life posts financial results for Q2 2024 #CanadaFinance
CashNews.co Sun Life posts financial results for Q2 2024 | Insurance Business Canada Life & Health Sun Life posts financial results for Q2 2024 There was a substantial rise in underlying net income Life & Health By Kenneth Araullo Sun Life Financial has reported its financial results for the second quarter ending June 30, 2024, […]
Can immigration fix Canada’s economy? #CanadaFinance
CashNews.co This article is about the economic effects of immigration, so as a Canadian citizen, let me begin with the customary acknowledgement that I am totally pro-immigrant! Yes I was born in Canada, but my parents were immigrants. My wife is an immigrant. Even one of my daughters was born outside the country and technically […]
‘Modest earnings growth’ forecast at Canadian banks through 2025: Fitch #CanadaFinance
CashNews.co Canada’s six largest banks and the Desjardins Group federation of credit unions consistently score in the upper echelons of Fitch’s rating hierarchy across all categories. (Photo by Artur Widak/NurPhoto via Getty Images) (NurPhoto via Getty Images) Canada’s biggest banks should see “modest earnings growth” through a soft economy in 2024 and 2025, with Royal […]
Canadian Manganese Reports Second Quarter 2024 Financial Results #CanadaFinance
CashNews.co August 14, 2024 5:22 PM EDT | Source: Canadian Manganese Company Inc. Toronto, Ontario–(Newsfile Corp. – August 14, 2024) – Canadian Manganese Company Inc. (CBOE CA: CDMN) (“CDMN” or the “Company“) reports its financial results for the second quarter ended June 30, 2024. This news release should be read in conjunction with the […]