Banking, online shopping and social media are the future, but how many of the companies dominating these fields are Canadian? Source: Financial Post In the midst of any crisis, one of the most important lessons I’ve learned is that one always has a choice — you can either move forward in a new direction or…
Sun Life Financial Fixed Income Portfolio Manager Randall Malcolm suggests Canada should begin issuing 20 year bonds, following the lead of the US Treasury with its own plans to do so. Source: Financial Post Canada should follow the U.S. Treasury’s lead and issue 20-year bonds, according to Sun Life Financial Inc.’s asset management unit. Debt…
Fidelity underweighting Canadian investments amid concerns economy facing greater risks relative to other parts of the globe. Source: Bloomberg News A money manager at one of the world’s biggest investment firms says Canada is currently riskier than other parts of the world, and as a result his company’s funds are underweighting Canadian investments. The Canadian…
Bank of Canada held rates steady but said more increases would be necessary even though oil prices and a weak housing market will harm the economy in the short term. Source: Thomson Reuters Governor Stephen Poloz said the challenges were temporary and he still believed the economy would at some stage be “operating at full…
Toronto’s Financial District is an untapped opportunity for the financial industry as Canada’s Big Five banks are gearing up to make Toronto the centre of fintech. Source: eFinancialCareers Whether you work on Wall Street or elsewhere, you may want to consider a move to Bay Street, the center of Toronto’s Financial District. Why? Here are the…
Over 75 Canadian startups have already pledged to donate equity to charity. TORONTO, ON, April 4, 2017 — Today The Upside Foundation, a national charity that makes it easy for early-stage or high-growth Canadian companies to give back in a meaningful way, announced the launch of their campaign, 150×150: Turn Equity Into Charity. The campaign…
Source: MaRS blog: A 5-year look at fintech in Canada [infographic] Fintech companies in Canada are reimagining how we access and spend our money, as well as changing the way that banks and financial organizations interact with consumers. And investors are buying into their innovative solutions. From bank account security software that uses biometric identification…
Canada’s federal government will issue $142 billion of bonds next fiscal year, $7 billion higher than the previous year’s record, to finance its growing budget deficit Source: Financial Post The amount eclipses the previous year’s record of $135 billion, which was revised up from a projected $133 billion. The bulk of the issuance will be in…
Trump’s “big border tax,” if adopted, could hurt trade and millions of workers within Canada Source: Ted Carmichael Global Macro With this tweet on January 5, President-elect Donald Trump got the attention of not only of Toyota and Mexico, but also a few astute Canadians. The realization began to dawn on them that Trump’s promise to…
Trudeau government bets big on infrastructure investment amid rout in commodity prices Source: The Wall Street Journal In the global struggle to boost growth, a Canadian experiment in fiscal spending is providing a test case for some of the world’s biggest economies. Prime Minister Justin Trudeau’s Liberal government unveiled a plan last spring to spend heavily…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
