CashNews.co Global NewsSurvey shows newcomers lose financial confidence after coming to CanadaPacking up and moving to a new country is no easy task, and for many newcomers, the biggest learning curve is Canada’s financial system..59 minutes ago Read More #cashnews #Canada #finance
CashNews.co TORONTO — Canadian Imperial Bank of Commerce raised its quarterly dividend as it reported a rise in revenue and earnings while its provisions for potentially bad loans dropped. The bank said Thursday it had bought back five million shares as it also raised its dividend eight per cent for the highest this quarter among […]
CashNews.co National Instrument 93-101 – Derivatives: Business Conduct (the “Instrument“) came into force on September 28, 2024, establishing a comprehensive framework for the conduct of dealers and advisers in the over-the-counter (“OTC“) derivatives market. Advisers registered in a Canadian jurisdiction to advise with respect to securities (“Registered Advisers“) who only occasionally advise with respect to […]
CashNews.co Real estate brokerage firm Royal LePage expects house prices to increase six per cent annually by the end of 2025. (REUTERS/Chris Wattie) · REUTERS / Reuters Real estate brokerage firm Royal LePage expects home prices to increase six per cent annually by the end of 2025, according to its annual market survey forecast released […]
CashNews.co TORONTO — RBC shrugged off the effects of a softening Canadian economy to report a profit of $4.22 billion in the fourth quarter and $16.2 billion for the year. Profits at Canada’s largest company were up seven per cent in the quarter from last year, boosted in part by the acquisition of HSBC Canada, […]
CashNews.co Investment industry veteran Andy Chisholm, a leading voice in the effort to mobilize finance for Canada’s net-zero transformation, has a strong message for policymakers: stop studying the problem and just get on with it. “For goodness sake, the stuff that’s lying on our desks, get it done,” Chisholm said last week in a passionate […]
CashNews.co Labour productivity dropped in 11 of the 16 main business sectors tracked by Statistics Canada. (Credit: Postmedia News) Canada’s labour productivity fell by 0.4 per cent in the third quarter, Statistics Canada said on Wednesday, marking the third consecutive quarter of declines. “Productivity has been a story of serial disappointment in Canada, and the […]
CashNews.co Article content Boosted by revenue growth in all business segments, National Bank of Canada on Wednesday reported a higher fourth-quarter profit than last year, narrowly beating analyst expectations in the process. Article content On an adjusted basis, the bank earned $928 million, up from $850 million a year ago, resulting in earnings per share […]
CashNews.co What’s going on here? The Toronto Stock Exchange’s S&P/TSX composite index reached new heights as gains in the tech and finance sectors bolstered its performance. What does this mean? The Toronto Exchange marked a fresh high, with its S&P/TSX index hitting 25,664.45, just below its record. Tech and financial sectors led the charge, with […]
CashNews.co Conservative Leader Pierre Poilievre said Wednesday it’s time for Finance Minister Chrystia Freeland to present a fall economic statement to reveal the state of the country’s finances. The economic statement, known in political circles as the FES, is a mini-budget of sorts typically tabled in November — it’s only been presented in December three […]