News
How the Iran war is impacting markets: FP Video explains
1+ day, 22+ hour ago (156+ words) Plus, why the South American trade deal may be tough for the Canadian beef industry to swallow This week FP Video looks the impact the on-again-paused-again United States-Iran war is having on global markets and government bonds, a look behind…...
Who was Thucydides, the ancient Greek general referenced by Carney and Xi?
2+ day, 9+ hour ago (737+ words) Thucydides was a Greek general and historian known for penning the "History of the Peloponnesian War," an account of the conflict between Sparta and Athens " the two dominant powers of Ancient Greece " that lasted from 431 to 404 BCE. As a general…...
This TSX stock has a possible 81% upside on plans for its large U. S. gold mine
2+ day, 11+ hour ago (823+ words) Financial Post How Canada's defence spending could boost this stock, why the bar is high for Canada's big banks and more from The Week in Stocks. Stock of the week: Oceana Gold Corp. Analysts at National Bank of Canada Capital…...
News of the day: The line from Hormuz to housing, Xanadu stock slumps, family inheritance infighting, firing senior executives, banking regulations and more
2+ day, 12+ hour ago (236+ words) Catch up on the stories we're following today The straight line running from Hormuz to Canada's housing market Leading up to the Bank of Canada's first rate cut in June 2024, every real estate watercooler in Canada was humming with chatter…...
Why OSFI's new bank licence pilot project should only be the beginning
2+ day, 17+ hour ago (542+ words) Canada's banking regulator aims to cut the red tape that has kept fintechs and credit unions from getting a bank license Canada's banking regulator is picking up the pace. In June, the Office of the Superintendent of Financial Institutions (OSFI)…...
Corporate Canada has a new strategy for firing senior execs: managed executive disengagement
2+ day, 15+ hour ago (740+ words) Howard Levitt: Executive terminations may be less explosive than they once were " but they are certainly more nuanced and sophisticated Twenty years ago, fired senior executives were marched out of buildings. Today, they are slowly erased. The title remains. The…...
Xanadu stock slumps 10% on US$21-million loss in Q1 despite revenue jump
2+ day, 16+ hour ago (521+ words) Founder and CEO Christian Weedbrook called the stock fluctuations a 'wild ride,' but 'characteristic of the quantum industry' Toronto-based Xanadu Quantum Technologies Ltd. s revenue quadrupled in the first quarter compared to a year ago, but it still lost more…...
Jack Mintz: Affordability trumps productivity in Australian budget
2+ day, 23+ hour ago (643+ words) Financial Post For finance ministers these days, affordability trumps productivity. Tuesday's Australian budget is a perfect example Canadians need to pay attention to. Australia has a resource-based economy like ours and our two countries tend to learn from each other…...
Trump versus Xi: Who is the most or least capitalist?
2+ day, 23+ hour ago (532+ words) The bigger question: Is China capitalist or socialist? Determining the cause of the dramatic'rise of China's annual GDP per capita to US$14, 000 today from less than US$1, 000 in 2000 has long been a topic of heated economic and political debate " one…...
Opinion: Rites of summer highlight the rights of individuals
2+ day, 23+ hour ago (331+ words) Montrealers are allowed to sit and drink on sidewalk patios but vaping is tightly controlled though its danger is much less than tobacco's This tableau embodies what economists call "internalities" and "externalities" " acts that affect oneself only and acts that…...