(Bloomberg) -- The ability to profit from higher interest rates is becoming a crucial differentiator among Canada’s big banks, with most other parts of their businesses poised to weaken as the economy slows.Most Read from BloombergMusk’s Neuralink Hopes to Implant Computer in Human Brain in Six MonthsAn Arizona County’s Refusal to Certify Election Results Could Cost GOP a House SeatNew York, Singapore Are the World’s Most Expensive Cities Right NowScientists Revive 48,500-Year-Old ‘Zombie Virus’
A Bay Street money manager says Suncor Energy will have no problem finding partners to enhance Petro-Canada gas stations with more food, shopping, and green travel options.
Jamie Golombek: To receive benefit payments, you must have filed a 2021 tax return with the CRA
Elon Musk is going after Apple at a time when the company could sink the social media platform.
U.S. stocks lagged Thursday ahead of monthly employment data as traders failed to continue momentum from a rally fueled by Fed Chair Jerome Powell’s indication of a slowdown in rate increases.
CIBC (TSX: CM) (NYSE: CM) announced today that its Board of Directors declared a dividend of $0.85 per share on common shares for the quarter ending January 31, 2023, an increase of two cents from the previous quarter. This dividend is payable on January 27, 2023 to shareholders of record at the close of business on December 28, 2022.
Parents, don't just focus on gifts that eventually end up in the trash. Give the gift of a solid financial future with these dividend stocks! The post 3 Dividend Stocks to Gift Your Kids This Holiday Season appeared first on The Motley Fool Canada.
TD’s personal and commercial banking led the gains
WASHINGTON (AP) — The Treasury Department said Wednesday it has complied with a court order to make former President Donald Trump's tax returns available to a congressional committee. The Supreme Court last week rejected Trump’s request for an order that would have prevented the Treasury Department from giving six years of tax returns for Trump and some of his businesses to the Democratic-controlled House Ways and Means Committee. The court, without dissent, cleared the legal obstacle to disclos
Yahoo Finance Live examines the state of the mortgage rate landscape as home prices continue to fall.
U.S. job openings decreased in October, but remained significantly high, pointing to continued labor market resilience despite the Federal Reserve's efforts to cool demand by aggressively raising interest rates. The tight labor market keeps the Fed on course to continue tightening monetary policy, heightening the risks of a recession next year. Most economists, however, believe any downturn will likely be short and mild because of the unprecedented jobs market strength.
The Royal Bank of Canada is set to buy HSBC’s Canadian business. If the deal goes through, it would mark the biggest banking deal in this country's history. Anne Gaviola has the details.
SOMERVILLE, Mass. (AP) — The Prince and Princess of Wales got a first-hand look at some groundbreaking innovations during a visit to a green technology startup incubator in suburban Boston on Thursday as the royal couple looks to foster new ways to address climate change. William and Kate, who are making their first overseas visit since the death of Queen Elizabeth II, were welcomed by hundreds of cheering onlookers as they entered Greentown Labs in Somerville. They were greeted by CEO Emily Rei
Canada's Bank of Montreal posted a lower fourth-quarter profit on Thursday, as revenue from its capital markets business tumbled and the lender increased provisions for credit losses to brace for potential defaults in the face of a tepid economy. Analysts had estimated the company to report a profit of C$3.07 per share, according to data from Refinitiv IBES. The Canadian lender had set aside provisions of $226 million in the reported quarter, compared with a release of $126 million last year.
Energy stocks like MEG Energy (TSX:MEG) could rebound surge higher in 2023. The post The Oil Boom Isn’t Over: These 2 Energy Stocks Could Rebound Sharply in 2023 appeared first on The Motley Fool Canada.
(Bloomberg) -- The head of the world’s largest fertilizer firm is warning of global shortages ahead with supplies from Russia and Belarus becoming more limited than even he anticipated.Most Read from BloombergMusk’s Neuralink Hopes to Implant Computer in Human Brain in Six MonthsAn Arizona County’s Refusal to Certify Election Results Could Cost GOP a House SeatNew York, Singapore Are the World’s Most Expensive Cities Right NowScientists Revive 48,500-Year-Old ‘Zombie Virus’ Buried in IceStocks W
Despite Tesla sitting atop the EV leaderboard in the U.S., new data shows competitors are chipping away at its lead.
(Bloomberg) -- The Bank of Canada has leeway to end its interest-rate hiking cycle in coming months even if the Federal Reserve keeps pushing borrowing costs higher next year, according to economists.Most Read from BloombergMusk’s Neuralink Hopes to Implant Computer in Human Brain in Six MonthsAn Arizona County’s Refusal to Certify Election Results Could Cost GOP a House SeatNew York, Singapore Are the World’s Most Expensive Cities Right NowScientists Revive 48,500-Year-Old ‘Zombie Virus’ Buried
The Housing Supply Challenge is moving to Round 4. Today, the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion announced $40 million in funding for "Building for the Future: Innovative Construction for Housing Affordability", the fourth round of the Housing Supply Challenge.
Despite concerns over the macro economic environment, the ultra-wealthy are not slowing down their spending at all, and for Lamborghini this is being reflected in its order books.