Financial Insights That Matter (Reuters) – President Donald Trump on Thursday said he planned to impose tariffs on Canada and France over their digital services taxes on U.S. technology giants, which has been a long-standing irritant. Canada, seeking to address the challenge of taxing digital giants like Google parent Alphabet and Amazon.com that can book […]
Financial Insights That Matter Air Canada may reduce flights to certain U.S. destinations later this year if demand from travellers begins to lag, as the airline acknowledged Friday it is coping with uncertainty from the current economic environment, including the threat of tariffs. The Montreal-based carrier is preparing in case customers decide to fly south […]
Financial Insights That Matter TORONTO, Jan. 29, 2025 /CNW/ – CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 25 basis points from 5.45 per cent to 5.20 per cent, effective Thursday, January 30, 2025. CIBC Logo (CNW Group/CIBC) About CIBC CIBC is a leading North American […]
Financial Insights That Matter By Suzanne McGee (Reuters) – Defiance ETFs launched an exchange-traded fund (ETF), the Battleshares TSLA vs F ETF, on Thursday, the first of a group pairing bullish bets on innovative companies with bearish ones on their traditional industry counterparts. The new ETF pairs a leveraged long holding in electric car manufacturer […]
Financial Insights That Matter Source: Getty Images Written by Aditya Raghunath at The Motley Fool Canada Valued at a market cap of $800 million, GDI Integrated Facilities (TSX:GDI) specializes in outsourced facility management services across Canada and the United States. It provides comprehensive cleaning, mechanical maintenance, and building systems services. GDI operates approximately 700 franchises […]
Financial Insights That Matter MONTREAL — Once the Bell Centre fans were done booing the American national anthem, they switched the tempo and delivered a memorable and heartfelt rendition of “O Canada” on Saturday night. In an energy-packed building, the jeers began when warrant officer David Grenon of the Royal Canadian Air Force Band launched […]
Financial Insights That Matter Nebraska Cornhuskers (16-9, 6-8 Big Ten) at Northwestern Wildcats (13-12, 4-10 Big Ten) Evanston, Illinois; Sunday, 3 p.m. EST BETMGM SPORTSBOOK LINE: Cornhuskers -1.5; over/under is 141.5 BOTTOM LINE: Nebraska plays Northwestern after Juwan Gary scored 22 points in Nebraska’s 83-75 loss to the Maryland Terrapins. The Wildcats have gone 11-3 […]
Financial Insights That Matter The loonie was trading at 70.62 cents U.S. on Feb. 14, up 2.7 per cent since it dipped below 69 cents U.S. on Jan. 31. (Credit: Paul Chiasson/The Canadian Press files) The Canadian dollar continued to climb on Friday after closing above 70 cents U.S. on Thursday for the first time […]
Financial Insights That Matter Source: Getty Images Written by Adam Othman at The Motley Fool Canada The integrated oil giant Suncor (TSX:SU) is making headlines for stating it’s reasonably sheltered against the tariffs. The company’s chief executive officer has cited multiple reasons, including its massive refining capacity within the U.S. and export capabilities (crude) directly […]
Financial Insights That Matter Revenue: CA$6.04m (down 28% from 1Q 2024). Net income: CA$857.0k (down 65% from 1Q 2024). Profit margin: 14% (down from 29% in 1Q 2024). The decrease in margin was driven by lower revenue. EPS: CA$0.006 (down from CA$0.018 in 1Q 2024). TSX:MBX Earnings and Revenue History February 15th 2025 All figures […]