CashNews.co Bank of Canada deputy governor Carolyn Rogers is cautioning policymakers against ātinkeringā with the mortgage market in an effort to improve housing affordability, warning that over-reliance on such measures could have long-term negative impacts. Recently, the federal government introduced new mortgage rules, including expanding 30-year amortizations to all first-time homebuyers and to all buyers […]
CashNews.co GW Gowling WLG More Gowling WLG is an international law firm built on the belief that the best way to serve clients is to be in tune with their world, aligned with their opportunity and ambitious for their success. Our 1,400+ legal professionals and support teams […]
CashNews.co The rally for stocks and crypto following Donald Trumpās U.S. election win is a head fake that diverts attention away from several investing and personal finance pain points ahead. Mr. Trump is seen as better for stocks than Democrat candidate Kamala Harris, and heās thought to be a booster of crypto currency. The S&P […]
CashNews.co As the Canadian economy shows signs of slowing and central banks continue their rate-cutting cycles, small-cap stocks are garnering attention for their potential resilience in a cooling labor market. In this environment, identifying small-cap companies with strong fundamentals and insider buying activity can be particularly compelling, as these factors may signal confidence from those […]
CashNews.co With the clock ticking down to the Nov. 15, 2024 deadline for payment service providers (PSPs) to register with the Bank of Canada, Canada’s financial services landscape is on the cusp of a major transformation. At the heart of this shift is the Retail Payments Activities Act (RPAA), a key pillar in Canada’s drive […]
CashNews.co Canada’s recent surge in population growth is providing an opportunity for Tim Hortons to expand, with the company gearing up to open more locations in Western Canada starting next year. Joshua Kobza, chief executive of Tim Hortons’ parent company Restaurant Brands International (QSR.TO)(QSR), said on a conference call with analysts on Tuesday that the […]
CashNews.co Ballard Power Systems (BLDP.TO)(BLDP) shares dropped on Tuesday after the Canadian fuel cell-maker reported a US$204.5 million net loss in the third quarter. The company posted a US$16.1 million restructuring charge, and non-cash impairments totalling approximately US$147 million. The charges relate to Ballardās global corporate restructuring announced in September in response to slow adoption […]
CashNews.co Hotel price growth in major Canadian cities is expected to moderate next year, according to American Express Global Business Travel’s latest hotel monitor, as leisure travel demand eases and new hotel construction surges. And with “unprecedented growth” underway in Canada’s hotel development pipeline, pricing patterns will likely change over the coming years. According to […]
CashNews.co As the United Nationsā COP29 climate summit in Azerbaijan approaches, researchers are urging Canada to take meaningful action on global climate finance that reflects its historical greenhouse gas emissions. At the recent Canadaās Climate Fair Share Summit, experts and civil society groupsĀ convened to discuss the climate debt Canada owes the Global South, stressing […]
CashNews.co BL Borden Ladner Gervais LLP More BLG is a leading, national, full-service Canadian law firm focusing on business law, commercial litigation, and intellectual property solutions for our clients. BLG is one of the countryās largest law firms with more than 750 lawyers, intellectual property agents and […]