Financial stress ramps up despite interest rate cuts: MNP
Half of Canadians are $200 or less away from being unable to cover their monthly bills and debt payments, according to MNP Ltd.’s quarterly report on consumer debt. “Despite interest rates decreasing, ...
Posthaste: Why a weak Canadian dollar won't stop Bank of Canada from cutting rates
Before you get too excited, it’s not because they believe the loonie is headed for a rebound. Quite the contrary, RBC expects the Canadian dollar to fade further to 68.96 cents U.S. by the second ...
FP Dealmakers: Bay Street raises highest amount in a decade as debt, equity markets diverge
Overall, Canada’s financial sector raised about $552.8 billion through 946 deals in 2024, the highest amount raised in the past decade and up 19.5 per cent from $462.4 billion in 2023, according to ...
'A hospitality renaissance': Canadian hotel industry swiftly bouncing back as demand for ...
The hotel industry, steadily making its way back from the disastrous pandemic years in which revenues plummeted by an estimated 80 per cent in 2020, was one obvious beneficiary of “the Swift effect,” ...
Stocks and Bonds Retreat on Fed Rate-Cut Outlook: Markets Wrap
Bank of America Corp., which previously projected two quarter-point Fed rate cuts this year, said it no longer expects any, ...
Rio2 Provides Fenix Gold Mine Construction Update
VANCOUVER, British Columbia, Jan. 13, 2025 (GLOBE NEWSWIRE) — Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO), is providing an update on construction activities at its Fenix ...
TomaGold appoints Jean Lafleur, P. Geo., as Vice President, Exploration
MONTREAL — TOMAGOLD CORPORATION (TSXV: LOT) (“ TomaGold ” or the “ Corporation ”) is pleased to announce the appointment of Jean Lafleur, P. Geo., as Vice President, Exploration. Mr. Lafleur replaces ...
RBC iShares Expands Access to BlackRock's Bitcoin ETP Platform
Today, RBC iShares expands access to BlackRock’s digital asset investment platform with the launch of the iShares Bitcoin ETF ( IBIT) ( the iShares Fund) in Canada. The iShares Fund seeks to reflect ...
EnviroGold Global Closes Upsized Strategic Unit Offering to Raise $4.1 Million and ...
Mr. Brabazon’s professional qualifications include a Bachelor of Commerce from the University of Auckland, a Chartered Fellow of the Institute of Directors in New Zealand, and a Fellow of the ...
China says a fishing vessel hijacked off Somalia with 18 crew aboard has been freed
MOGADISHU, Somalia (AP) — A Chinese-owned fishing vessel hijacked off the Somali coast in November has been set free with its 18-member crew, the Chinese Embassy in Somalia said Monday. The embassy ...
lululemon athletica inc. Updates Revenue and Earnings Expectations for the Fourth Quarter ...
VANCOUVER, British Columbia — lululemon athletica inc. (NASDAQ:LULU) today announced that, for the fourth quarter of fiscal 2024, the Company now expects net revenue will be in the range of $3.560 ...
S&P 500 P/E ratios suggest investors are betting on decades more of skyhigh profits
Marks wraps it up with a bow by highlighting a chart by JP Morgan Asset Management. It has 324 monthly observations (27 years x 12) from 1988 through late 2014 showing the forward P/E ratio on the S&P ...