Tag: Canada

CashNews.co Automotive NewsBMW Canada exec Nicolas Leduc tapped to succeed retiring longtime Porsche captive finance CEO Ross DupperBMW Group Financial Services Canada President and CEO Nicolas Leduc will become president and CEO of the Porsche captive finance company Jan….4 hours ago Read More #cashnews #Canada #finance

CashNews.co The Canadian dollar strengthened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie was trading 0% higher at C$1.4064 to the greenback, or 71.1 U.S. cents, after trading in a range of 1.4053 to 1.4083. Canadian government 10-year bond yields rose 4.3 basis points to 3.161%. The yield […]

CashNews.co (Reuters) -National Bank of Canada reported a rise in fourth-quarter profit on Wednesday, helped by strong performance in its wealth management unit. In October, the Bank of Canada cut interest rates for the fourth time in a row, marking a shift towards a low inflation era, and boosting banks’ loan growth as lower rates […]

CashNews.co (Reuters) -Royal Bank of Canada reported a rise in fourth-quarter profit on Wednesday as the country’s biggest lender benefited from strong performance in its wealth management business. Earnings from RBC’s wealth management business increased by C$697 million to C$969 million ($688.99 million) in the reported quarter compared to last year, driven by higher fee […]

CashNews.co CPACNational Finance – December 3, 2024 (2 of 2)In Committee from the Senate of CanadaNational Finance – December 3, 2024 (2 of 2). CPAC broadcasts all televised committee meetings from….6 hours ago Read More #cashnews #Canada #finance

CashNews.co Source: Getty Images Written by Demetris Afxentiou at The Motley Fool Canada We’re now into the final month of what has been a crazy, volatile 2024. This has seasoned and new investors alike wondering about Canadian stock picks for 2025. Here’s a look at some of the options to consider buying now and into […]

CashNews.co Scotiabank reported a higher fourth-quarter profit than last year, but missed market expectations. (Credit: Bloomberg) Bank of Nova Scotia chief executive Scott Thomson says he has a “high level of confidence” that the Toronto-based lender can meet its earnings goals in the next two years despite the ongoing economic uncertainty. Some economists have raised […]

CashNews.co CALGARY — Enbridge Inc. raised its quarterly dividend for next year as it released its financial guidance for 2025. The pipeline company says it will pay a quarterly dividend of 94.25 cents per share, up from 91.5 cents per share, effective March 1. The increased payment to shareholders amounts to an annualized dividend of […]

CashNews.co What’s going on here? Canada’s major sectors are about to reveal their financial health as companies from finance, tech, retail, and manufacturing get ready to release earnings in the coming week. What does this mean? Earnings season offers a peek into the performance of Canada’s diverse industries, providing crucial insights for investors and analysts […]