CashNews.co (Bloomberg) — Gildan Activewear Inc. sold C$700 million ($500 million) of notes in its first offering in the Canadian currency. Most Read from Bloomberg The two-part deal consisted of five- and seven-year maturities, with the latter priced 1.4 percentage point above a government benchmark, according to people with knowledge of the matter who asked […]
CashNews.co Mitsubishi HC Capital America Propel offers vendors, brokers and partners a seamless and transparent end-to-end transaction management system and instant quoting capabilities MONTREAL, Nov. 20, 2024 (GLOBE NEWSWIRE) — Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, announces it is launching Propel, […]
CashNews.co A recent survey of 500 Canadian accountants has shed light on their concerns about financial threats to small-to-midsize enterprises (SMEs) and the adoption of financial technology. Conducted on behalf of Plooto, a payment automation solution, the survey provides a view of the current state of Canada’s accounting industry, revealing insights into the challenges faced […]
CashNews.co A home for sale in Mississauga on November 5, 2024. (Credit: Peter J. Thompson/National Post) Despite interest rates slowly coming down and housing prices appearing to stabilize, homeownership remains a distant reality for many young Canadians today, but Zoocasa Inc. says they are on the verge of a windfall that âwill likely reshape the […]
CashNews.co Bell Inbound Assist provides recognition and financial support to community organizations that welcome newcomers to Canada through basketball Canadians can nominate organizations from across the country, offering them a chance at one of three $30,000 Inbound Assist grants The Bell Inbound Assist program is part of a three-year collaboration between Bell and the Toronto […]
CashNews.co Open this photo in gallery: Savvy investors can take advantage of a TFSA to maximize gains on their most promising investments.wenmei Zhou/iStockPhoto / Getty Images The tax-free savings account, introduced in 2009, has been a smash hit with Canadians keen to take advantage of another avenue for tax-sheltered savings. Itâs an effective way for […]
CashNews.co Canaccord Genuity analyst Matthew Lee writes that Scotiabank’s âcurrent valuation and ‘low-hanging’ earnings growth make it attractive.â (Vince Talotta/Toronto Star via Getty Images) · Vince Talotta via Getty Images Analysts at Canaccord Genuity and Bank of America have upgraded their ratings for The Bank of Nova Scotia (BNS.TO), noting the potential for earnings growth […]
CashNews.co Automotive NewsF&I data: New-vehicle loans lengthen while used-vehicle terms slip in Q3Data from Edmunds shows trends in average new- and used-vehicle finance term lengths..4 hours ago Read More #cashnews #Canada #finance
CashNews.co By Fergal Smith TORONTO (Reuters) – The Canadian dollar strengthened for a second day against its U.S. counterpart on Tuesday as hotter-than-expected domestic inflation data spurred investors to reduce bets on another outsized interest rate cut from the Bank of Canada. Canada’s annual inflation rate increased to 2.0% in October from 1.6% in September, […]
CashNews.co Automotive NewsBritainâs motor finance probe could cost financial industry $38B, Moodyâs saysLONDON â Total industry costs for Britain’s probe into motor finance sales practices by some banks and specialist lenders could reach 30….9 hours ago Read More #cashnews #Canada #finance