Why the new home market has an edge on existing home sales

Barrons.com
DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’
The SEC charges the company’s auditing firm BF Borgers CPA and its owner Benjamin Borgers with ‘massive fraud.’
The Independent
Accounting firm used by Trump Media hit with ‘massive fraud’ charge
Fraud alleged to have impacted upwards of 500 public companies, according to Securities and Exchange Commission
The Canadian Press
TD worst-case scenario more likely after drug money laundering allegations: analyst
TORONTO — TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits. National Bank analyst Gabriel Dechaine said in a note that the worst-case scenario of the multiple U.S. investigations TD faces needs reassessing after the Wall Street Journal reported the link on Thursday. The newspaper said the U.S. Justice Department investigation is focused
GOBankingRates
Kevin O’Leary: The Money Is ‘Not in Bitcoin’ — Here’s What You Should Invest In
Cash flow. If you're a fan of "Shark Tank" or follow Kevin O'Leary, you've likely heard him talk about the importance of cash flow. In a recent video he posted to LinkedIn, O'Leary spoke again about...
Reuters
US stands to lose Canadian natural gas when LNG Canada terminal starts up
The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said. Shell-led LNG Canada has begun testing its C$40-billion British Columbia terminal ahead of commercial operations starting in mid-2025. The terminal will process up to 2 billion cubic feet per day (bcfd), representing 11% of current Canadian gas output.
Yahoo Finance Canada
Galen Weston calls Loblaw boycott 'misguided criticism', says grocer not responsible for higher prices
"Their frustration is understandable, but this kind of expectation betrays a misunderstanding of what's actually driving food prices higher in this country."
Financial Post
Posthaste: Capital gains tax hike will hit more Canadians than we thought
Analysts say higher tax will cut returns from Canadian stocks
The Canadian Press
Greater Toronto home sales down in April but new listings surge: board
TORONTO — The Toronto Regional Real Estate Board says Greater Toronto home sales in April were down five per cent from last year, but new listings surged, which created more choice for buyers and kept prices stable. The board says 7,114 homes changed hands in the month compared with 7,487 last year, noting April 2023 saw a temporary resurgence in market activity that led to a sales boost. The average selling price was up 0.3 per cent year-over-year to $1,156,167. "Many homeowners are anticipatin
Financial Post
David Rosenberg: Why the Bank of Canada needs to start cutting rates … Now
Key data points indicate the central bank is keeping policy 'far too tight'
Yahoo Finance Canada
Air Canada shares plunge as wider loss, slowing travel demand weigh
The Montreal-based airline reported an adjusted net loss of $96 million, or 27 cents per share, more than the seven cents per share loss that analysts had expected.
The Canadian Press
There's a limit to how much interest rates in Canada and U.S. can diverge: Macklem
Bank of Canada governor Tiff Macklem says Canadian interest rates don't have to match U.S. or global rates, but there is a limit to how much they can diverge. Macklem made the comments while testifying before the House of Commons finance committee today. The governor says Canada is nowhere close to the limit when it comes to how much Canadian and American interest rates can differ. The Bank of Canada is widely expected to begin lowering its policy rate in the coming months, while forecasters exp
The Motley Fool
Monthly Income Masters: 2 Canadian Stocks Paying Steady Dividends Every 30 Days
You can expect to earn reliable monthly passive income for years to come by investing in these two top Canadian monthly dividend stocks now. The post Monthly Income Masters: 2 Canadian Stocks Paying Steady Dividends Every 30 Days appeared first on The Motley Fool Canada.
Reuters
Canadian dollar forecasts trimmed by analysts as BoC moves closer to rate cuts: Reuters poll
The Canadian dollar is set to strengthen less than previously expected over the coming year as the Bank of Canada makes progress on taming inflation and will likely begin cutting interest rates ahead of the Federal Reserve, a Reuters poll found. According to the median forecast of nearly 40 foreign exchange analysts in the April 29-May 2 poll, the loonie will strengthen 0.7% to 1.36 per U.S. dollar, or 73.53 U.S. cents, in three months, compared to 1.34 in last month's poll. "In the near term, I think there are going to be some headwinds," said Bipan Rai, global head of FX strategy at CIBC Capital Markets.
Financial Post
Toronto housing market sees spring sales slowdown that puts buyers in the driver's seat
April home sales decrease from last year as listings jump nearly 50 per cent
Simply Wall St.
Cenovus Energy Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next
Cenovus Energy Inc. ( TSE:CVE ) investors will be delighted, with the company turning in some strong numbers with its...
Insider Monkey
12 Most Unfriendly Cities in Canada
In this article, we shall discuss the 12 most unfriendly cities in Canada. To skip our detailed analysis of the macroeconomic outlook of Canada, and the tourism and hospitality industry in Canada in 2024, go directly and see 5 Most Unfriendly Cities in Canada. Canada’s Economic Outlook 2024: An Overview According to a review by […]
Yahoo Finance Canada
Weak loonie? These TSX stocks could gain strength, says RBC
It says Canadian stocks that tend to generate more earnings from the U.S. span the technology, media, financial, healthcare, industrial, and forest product sectors.
Associated Press Finance
Trump Media's newly hired auditing firm was just busted by the SEC for 'massive fraud'
The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump’s media company. The SEC charged the accounting firm BF Borgers and its owner, Benjamin F. Borgers, with “deliberate and systematic failures” in more than 1,500 audits. To settle the SEC charges, BF Borgers agreed to pay a $12 million fine while its owner agreed to pay a fine of $2 million, according to the SEC.
The Motley Fool
Got $5,000? 5 Stocks to Buy for Lasting Wealth
If you got some cash to invest in May, there are some decent buys on the market pullback. Here are five quality stocks to look at today. The post Got $5,000? 5 Stocks to Buy for Lasting Wealth appeared first on The Motley Fool Canada.
The Motley Fool
It’s Currently 8.7%, but Is BCE’s Dividend Safe?
BCE stock recently dipped, and it pays an ultra high dividend. But investors might want to think twice before jumping in. The post It’s Currently 8.7%, but Is BCE’s Dividend Safe? appeared first on The Motley Fool Canada.

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Why the new home market has an edge on existing home sales

Latest Stories

DJT Stock Falls. SEC Charges Trump Media Auditing Firm With ‘Massive Fraud.’

Accounting firm used by Trump Media hit with ‘massive fraud’ charge

TD worst-case scenario more likely after drug money laundering allegations: analyst

Kevin O’Leary: The Money Is ‘Not in Bitcoin’ — Here’s What You Should Invest In

US stands to lose Canadian natural gas when LNG Canada terminal starts up

Galen Weston calls Loblaw boycott 'misguided criticism', says grocer not responsible for higher prices

Posthaste: Capital gains tax hike will hit more Canadians than we thought

Greater Toronto home sales down in April but new listings surge: board

David Rosenberg: Why the Bank of Canada needs to start cutting rates … Now

Air Canada shares plunge as wider loss, slowing travel demand weigh

There's a limit to how much interest rates in Canada and U.S. can diverge: Macklem

Monthly Income Masters: 2 Canadian Stocks Paying Steady Dividends Every 30 Days

Canadian dollar forecasts trimmed by analysts as BoC moves closer to rate cuts: Reuters poll

Toronto housing market sees spring sales slowdown that puts buyers in the driver's seat

Cenovus Energy Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next

12 Most Unfriendly Cities in Canada

Weak loonie? These TSX stocks could gain strength, says RBC

Trump Media's newly hired auditing firm was just busted by the SEC for 'massive fraud'

Got $5,000? 5 Stocks to Buy for Lasting Wealth

It’s Currently 8.7%, but Is BCE’s Dividend Safe?