CashNews.co In June of this year, a new company called Nations Royalty Corp. began trading on the TSX Venture Exchange. With minimum fanfare, the new company quietly hit a milestone on the road to Indigenous economic reconciliation in this country, becoming the only mining royalty company in the world that is majority-owned by Indigenous people. […]
CashNews.co (Bloomberg) — Canada’s highways, shopping centers, schools and equipment are aging without being replaced as investment in infrastructure slows. Most Read from Bloomberg The average age of the country’s non-housing capital stock was just over nine years in 2023, leaving 63.3% of its “useful” life remaining, according to data released Thursday by Statistics Canada. […]
CashNews.co Breadcrumb Trail Links News Economy Canadian dollar sank below 71 cents U.S. for the first time since mid-2020 Published Nov 15, 2024 • Last updated 23 hours ago • 3 minute read You can save this article by registering for free here. Or sign-in if you have an account. The Canadian dollar fell as low […]
CashNews.co Source: Getty Images Written by Jitendra Parashar at The Motley Fool Canada With nearly 19% year-to-date gains, the TSX Composite continues to reach new heights in 2024. When the stock market is surging, everyone loves talking about the hot growth stocks and speculative plays. But let’s not forget about dividend stocks — the steady […]
CashNews.co Neo Financial, a Canadian challenger bank founded by former SkipTheDishes executives, has secured C$360m (US$257m) in Series D funding to expand its artificial intelligence-driven banking services. The round, comprising C$110m (US$79m) in equity and C$250m (US$179m) in debt financing, positions the firm to compete with Canada’s established banking sector. New Backers and Strategic Investment […]
CashNews.co But the younger generation is getting it right – Close to 7 in 10 (68%) Gen Z are investing consistently on a yearly basis – the highest across any age demographic TORONTO, Nov. 14, 2024 /CNW/ – Canada’s shifting economic climate continues to influence Canadians’ approach to saving and investing, as they work towards […]
CashNews.co LIMA (Reuters) – Chinese Foreign Minister Wang Yi told Canada’s Foreign Minister Melanie Joly on Friday that Canada should cancel tariffs on Chinese products, according to Chinese state media. Wang also said that Canada’s 100% tariff on electric vehicles made in China, which came into effect last month, was “not conducive to the healthy […]
CashNews.co TORONTO (Reuters) – Canadian home sales rose 7.7% in October from the previous month and were up 30% on an annual basis, adding to the rise in activity since the Bank of Canada began cutting interest rates, data from the Canadian Real Estate Association showed on Friday. The industry group’s home price index edged […]
CashNews.co Insurers must put people first when evolving finance for the future Putting people first as you seek to evolve finance (or other aspects of your insurance business) can go a long way towards realizing your business goals in the near term, and cultivating the kind of flexibility and resilience that helps a business succeed […]
CashNews.co The MPPI, a measure of mortgage payments as a percentage of Canadians’ income, has gone down to its lowest point in a little over a year, but “remains well above its historical average,” National Bank economists say. (Steve Russell/Toronto Star via Getty Images) · Steve Russell via Getty Images Housing affordability in Canada improved […]