Yahoo FinanceEditor's Edition: Why COVID-19 hasn't crushed Canadian Real Estate
Yahoo Finance's Jessy Bains spoke with Realosophy Realty's John Pasalis and Oakwyn Realty's Steve Saretsky about real estate during COVID-19.
Yahoo Finance's Jessy Bains spoke with Realosophy Realty's John Pasalis and Oakwyn Realty's Steve Saretsky about real estate during COVID-19.
Because it is not often 10-year yields suddenly drop 11 basis points, break a chart big barrier and hit three-month lows for no discernible reason. True, the Bank of Canada did manage to be both hawkish and dovish by hiking 50bp but flagging it might be near done tightening. Since the Fed hiked 75bp in November, 10-year yields have fallen 90bps to be 37 basis points under the cash rate, while 10-year fixed mortgage rates have dropped to 6.07% from 6.67%.
FLO, a leading North American electric vehicle (EV) charging network operator and smart charging solutions provider, has been selected as the supplier for General Motors' Dealer Community Charging Program. This program will install up to 40,000 public Level 2 EV chargers in local communities across North America. This project is the single largest deployment of EV chargers across North America.
SEOUL, South Korea (AP) — Officials say South Korea’s economy is recovering from the initial shock of a nationwide walkout staged by thousands of cargo truckers, even as their strike reached its 14th day on Wednesday amid a stalemate with the government over freight fare issues. The conservative government of President Yoon Suk Yeol has taken aggressive steps to defuse the impact of the strike, issuing contentious back-to-work orders to more than 2,000 drivers of cement trucks among broader grou
WARSAW, Poland (AP) — The former head of Poland's state broadcaster said Wednesday that he now has a job at the World Bank, spurring disbelief in the European Union country where he is known for turning the news channel into a propaganda tool for the right-wing government. Kurski, who has no finance experience, said on Twitter that he has been named an alternate executive director — one of 25 at the 189-country anti-poverty agency — and is giving up “some of (his) political activity and politica
Grocer sheltering consumers from manufacturers' price increases, executive says at parliamentary committee on corporate greed and food inflation
Karisma Hotels & Resorts is dialing up the holiday cheer announcing the first-ever Nickelodeon Holiday Extravaganza at Nickelodeon Hotels & Resorts Riviera Maya and Nickelodeon Hotels & Resorts Punta Cana. Join the F.U.N. throughout December with one-of-a-kind themed events, seasonal food and beverage offerings, exclusive holiday activities, meet and greets with iconic Nickelodeon characters, and unbeatable holi-deals to ignite joy and spark imagination for the whole family. The Nickelodeon Holi
Apple Inc plans to allow users to more tightly lock down photos and notes stored on its iCloud service and require a physical security key when logging in from a new device, it said on Wednesday. The forthcoming options, along with another security measure for Apple's iMessage chat program, are particularly aimed at celebrities, journalists, activists, politicians and other high-profile individuals heavily targeted by hackers, the company said. U.S. users will be able to activate the free Advanced Data Protection for iCloud storage by the end of the year.
TORONTO — Canada's main stock index closed down more than 250 points Tuesday in broad losses led by energy and technology over interest rate concerns and a drop in crude prices, while U.S. stock markets were also in the red. Markets in both countries were down by more than one per cent for a second day as data such as job numbers and service sector activity showed continued strength, especially in the U.S., said Colin Cieszynski, chief market strategist at SIA Wealth Management Inc. "Equities ar
GameStop launched a digital wallet earlier this year to enable transactions in a marketplace it is building for gamers and others to buy, sell and trade non-fungible tokens, or NFTs. However, with crypto winter setting in and the value of cryptocurrencies plummeting, GameStop's digital wallet ambitions face a bleak future. GameStop posted revenue of $1.19 billion in the third quarter, missing estimates of $1.36 billion, according to Refinitiv IBES data.
Willie Walsh, Director General of the International Air Transport Association, which includes most of the world's major airlines, called for swifter action in Europe to drive up scarce production of greener Sustainable Aviation Fuel (SAF). Air fares have already jumped this year as a result of higher prices for conventional fossil-based jet fuel.
Canada's exports rose in October, largely driven by pharmaceutical products, while imports were also up, largely as a result of a depreciation of the Canadian dollar, data showed on Tuesday. The country's trade surplus with the world grew to C$1.21 billion ($888.53 million) in October, Statistics Canada said, slightly above analysts' forecasts of a surplus of C$1.20 billion. Exports rose 1.5%, helped by higher exports of medicinal products as well as gold bars and coins to the United States, Statscan said.
This is the opposite of an 'emergency' or 'crisis'
Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy") announced that its affiliate, Galaxy Asset Management, ("GAM"), reported preliminary assets under management of $1,906.1 million as of November 30, 2022. The -6.6% decrease in preliminary AUM was driven by market depreciation partially offset by net inflows.
GoBolt, a technology company on a mission to build the world's largest sustainable, vertically integrated supply chain network, announces it has raised $75 million CAD in financing, bringing the total funds raised to date to more than $222.5 million CAD. This investment was led by Yaletown Venture Partners and Export Development Canada (EDC), with participation from BDC Capital, Northleaf Capital Partners, Whitecap Venture Partners, MIG Group, BMO Capital Partners and Ingka Investments, the inve
Today, DoorDash Canada announced the launch of new Partnership Plans to better support restaurant partners nationwide. Beginning today, all Canadian local restaurant owners have the choice of three different plans, with commission rates that vary based on the inclusion of services provided. Additionally, DoorDash is including DoorDash Storefront, an Online Ordering Software, in all partnership plans that enables any restaurant to turn their website into an ecommerce store. The industry-leading P
The dollar will rebound against most currencies over the coming months, with the growing threat of recession in the U.S. and elsewhere keeping it firm in 2023 through safe-haven flows, according to market strategists polled by Reuters. While most said there was not much scope for further dollar upside based on monetary policy, the threat of deeper-than-expected economic weakness and renewed inflationary pressure mean investors may be reaching prematurely for riskier assets. Down over 5% in November, the dollar index had its worst monthly performance since September 2010, in large part on expectations the U.S. Federal Reserve is about to slow the pace of its rate hikes and that an eventual pause is near.
Midco® is enhancing the home internet experience by introducing Midco Wi-Fi powered by Plume HomePass®. This next-gen Wi-Fi service is fueled by cloud, artificial intelligence and open-source technology to deliver even faster, smarter, and more reliable Wi-Fi experiences throughout the home.
Current CEO Patrizio Bertelli, 76, will be appointed chairman of the luxury company at annual shareholder meeting next spring. Current co-CEO Miuccia Prada, 73, will remain creative director of the Miu Miu and Prada brands - the latter together with Belgian designer Raf Simons - and a board member.
Here's why Shopify (TSX:SHOP) is a growth stock with the potential to provide 1,000% returns over the next 10 years. The post This Growth Stock Could 10X in 10 Years appeared first on The Motley Fool Canada.
Canada's dollar will rally over the coming year as major commodity consumer China loosens its COVID-19 restrictions and the Federal Reserve potentially concludes its campaign to increase interest rates, a Reuters poll showed. The loonie has weakened over 7% against the U.S. dollar since the start of 2022, with almost all of the decline coming since mid-August. According to the median forecast of 35 currency analysts surveyed Dec. 1-6 the currency will rebound 1.1% to 1.35 per U.S. dollar, or 74.07 U.S. cents, in three months, compared with November's forecast of 1.36.