CashNews.co CGO AND America’s economies are joined at the hip. Some $2bn of trade and 400,000 people cross their 9,000km of shared border every day. Canadians on the west coast do more day trips to nearby Seattle than to distant Toronto. No wonder, then, that the two economies have largely moved in lockstep in recent […]
Indigenous-related capital markets activity set to grow significantly: Morningstar #CanadaFinance
CashNews.co TORONTO — International credit rating agency Morningstar DBRS is predicting significant growth in Indigenous-related project finance transactions in Canada. TORONTO — International credit rating agency Morningstar DBRS is predicting significant growth in Indigenous-related project finance transactions in Canada. The agency says Indigenous-related capital markets activity is on a steady upward trend with considerable potential […]
High Growth Tech Stocks in Canada for September 2024 #CanadaFinance
CashNews.co The Canadian market has been riding a wave of optimism, driven by the U.S. Fed’s recent rate cut and ongoing enthusiasm for AI, with the TSX reaching all-time highs last week. In this favorable economic climate, high-growth tech stocks in Canada present compelling opportunities for investors seeking to capitalize on rising corporate earnings and […]
Finovate Global Canada: Embedded Finance, Open Banking, and Helping Newcomers Access Credit #CanadaFinance
CashNews.co This week’s edition of Finovate Global looks at recent developments in the fintech scene in Canada. First up, we head over to Toronto, Ontario, where embedded payroll software company Nmbr has secured $5.6 million (CAD$7.6 million) in seed funding. The round featured investors Panache Ventures, Golden Ventures, Motivate Venture Capital, and Luge Capital. In […]
Canada’s GDP grew 0.2% in July, but August slowdown leaves jumbo rate cut on the table #CanadaFinance
CashNews.co Analysts had expected GDP to grow 0.1 per cent on a monthly basis in July. (AP Photo/Damian Dovarganes) (ASSOCIATED PRESS) Canada’s economy grew 0.2 per cent on a monthly basis in July, Statistics Canada said on Friday, more than analysts had expected. However, quarterly growth is still tracking well below the Bank of Canada’s […]
Canada’s Crypto Firms Get More Time to Comply with Stablecoin Rules #CanadaFinance
CashNews.co The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies […]
Canada’s big banks no longer running as a pack with more diverging performance expected, says Fitch #CanadaFinance
CashNews.co Bank towers are shown in Toronto’s financial district on June 16, 2010. (Credit: THE CANADIAN PRESS/Adrien Veczan) How Canada’s top banks perform in the United States will play a key role in how investors view them in the coming year, say Fitch Ratings Inc. analysts, who expect the recent differences in valuations between the […]
Canada budget deficit over first four months of 2024/25 jumps to C$7.3 billion #CanadaFinance
CashNews.co OTTAWA, Sept 27 (Reuters) – Canada recorded a sharply higher C$7.29 billion ($5.41 billion) budget deficit for the first four months of the 2024/25 fiscal year as government expenditures grew faster than revenues, the finance ministry said on Friday. By comparison, the deficit in the same period a year earlier had been C$1.24 billion, […]
SolarBank applies for $1.5M in grants for EV fast charger projects in Canada #CanadaFinance
CashNews.co SolarBank has submitted $1.5M in grant applications for three fast electric vehicle – EV – charger projects in Ontario, Canada. The projects are owned by AI Renewable 2023 in partnership with a First Nation. These pilot projects represent AI Renewable’s first EV charging investments. The applications were submitted as part of the Natural Resources […]
Fitch expects another year of divergence for Canada’s banks #CanadaFinance
CashNews.co Breadcrumb Trail Links Finance Banking Each of the six lenders has pursued a ‘completely different’ approach to U.S. success Get the latest from Naimul Karim straight to your inbox Sign Up Published Sep 27, 2024 • Last updated 56 minutes ago • 3 minute read You can save this article by registering for free here. […]