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favicon financialpost.com —  40+ min ago

CAD gains as investors cheer U.S. debt ceiling deal

financialpost.com > pmn > business-pmn

...TORONTO -- The Canadian dollar edged higher against its U.S. counterpart on Monday, clawing back some recent declines, as a deal to temporarily suspend... ...Democratic President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy on Sunday signed off on the deal which could help prevent... ...debt ceiling deal,” said Erik Bregar, director, FX & precious metals risk management at Silver Gold Bull....

thumbnail favicon financialpost.com —  6+ hour, 48+ min ago

Le Bal Rouge Gala raises $1.68M for MUHC Foundation Dream Big: Breathe Easier Campaign

financialpost.com > globe-newswire

...Le Bal Rouge 2023 raised $1.68M for the MUHC Foundation"s Dream Big.... ...Kevin Schwartzman and the Montreal Chest Institute MONTREAL, May 29, 2023 (GLOBE NEWSWIRE) -- It was an evening of luxurious and eclectic jazz notes... ...--Julie Quenneville, President and CEO, MUHC Foundation The 6th gala since 2016, this year"s Le Bal Rouge recognized the exceptional work of the... ...I am very proud to have been part of Le Bal Rouge, and to support ground-breaking research and compassionate care at the Montreal Chest Institute...

thumbnail favicon financialpost.com —  2+ hour, 21+ min ago

Canadian bank stocks may have further to fall due to recession threat

financialpost.com > investing

...Toronto-Dominion Bank, Royal Bank of Canada, Bank of Montreal and Bank of Nova Scotia fell short of analysts" earnings expectations, while Canadian... ...Imperial Bank of Commerce topped expectations.... ...Nigel D"Souza, an analyst at Veritas Investment Research Corp., said Canadian banks whose operations are primarily focused on Canada -- namely, RBC... ...John Aiken, an analyst at Barclays PLC, said he remains a “big fan” of holding Canadian banks as a long-term investment and expects dividends to...

thumbnail favicon financialpost.com —  1+ hour, 8+ min ago

Toronto Condo Investors Are Losing Money in a Bad Sign for Renters

financialpost.com > pmn > business-pmn

...to cover their costs when they started renting it out, according to a report Monday from Canadian Imperial Bank of Commerce and research firm Urbanation... ...For the first time, more than half of investors who closed on a new condo unit with a mortgage in the Greater Toronto Area last year were unable... ...Deputy Chief Economist Benjamin Tal and Urbanation President Shaun Hildebrand, warn.... ...Even though rents in Canada rose by a record amount last year, interest rates rose even faster as the Bank of Canada increased its benchmark to 4.5%...

favicon financialpost.com —  2+ hour, 2+ min ago

Funds avoid transition to bear territory in CBOT soybeans -Braun

financialpost.com > pmn > business-pmn

...Most-active CBOT soybeans fell 3% in the week ended May 23, at one point trading at the lowest levels since last July.... ...NAPERVILLE -- Speculators nearly abandoned bullish bets in Chicago soybeans last week as global supplies are seen sufficiently building over the... ...CBOT corn and soybean oil have been on the uptrend recently.... ...They also reduced their net long in CBOT soymeal to 73,789 futures and options contracts from 80,287 in the prior week....

favicon financialpost.com —  17+ hour, 25+ min ago

Gold prices dip on US debt ceiling deal, Fed rate-hike bets

financialpost.com > pmn > business-pmn

...Tal Theo Argitis and Robert Asselin: Trudeau can't keep juicing the economy with more spending Holding cash can seem like a good idea, but it can... ...SVB"s biggest debtor in Canada is Michele Romanow"s tech finance firm Clearco Bank of Canada July rate hike would be a mistake: CIBC's Benjamin ... ...Please try again DATA/EVENTS (GMT) No major data/events expected on Monday, May 29 (Reporting by Kavya Guduru in Bengaluru; Editing by Sherry Jacob-Phillips... ...Financial Post Top Stories - There was an error, please provide a valid email address. A welcome email is on its way....

favicon financialpost.com —  2+ hour, 38+ min ago

Second U.N.-facilitated shipment of Russian fertilizer from EU reaches Africa -Uralchem

financialpost.com > pmn > business-pmn

...VILNIUS -- A second shipment of Russian-origin fertilizer facilitated by the United Nations" World Food Programme has arrived in Africa from the... ...The consignment was under Uralchem-Uralkali Group"s name and arrived in Kenya.... ...The companies used to be controlled by Russian oligarch Dmitry Mazepin, who gave up control last year after the European Union sanctioned him in... ...last year, when it was seized due to European Union sanctions on Russia....

thumbnail favicon financialpost.com —  3+ day ago

Sunwing proves sequels can still top the charts with the return of its second annual Sun Week, bringing more incredible savings, contests and epic giveaways this summer...

financialpost.com > globe-newswire

...Customers can book during the tour operator"s biggest event of the year for their chance to win Following Sun Week"s inaugural success, Sunwing has... ...or flight only during Sun Week will also be entered to win one of 33 exclusive prizes expertly designed to help them find their feelgood in paradise... ...access to local attractions and adventure nearby, like Iberostar Paraiso Beach or Sandos Caracol Eco Resort.... ...Customers will have the chance to win gift cards from Sunwing, Vanilla Visa, Indigo, Walmart and SkipTheDishes, each worth $250 in value, in addition...

thumbnail favicon financialpost.com —  23+ hour, 47+ min ago

Biden, McCarthy Signal Confidence That Debt-Limit Deal Will Pass

financialpost.com > pmn > business-pmn

...(Bloomberg) -- President Joe Biden and House Speaker Kevin McCarthy voiced confidence that their tentative debt-ceiling deal will pass Congress and... ...President Joe Biden and House Speaker Kevin McCarthy voiced confidence that their tentative debt-ceiling deal will pass Congress and reach the president's... ...But Representative Jim Clyburn, a South Carolina Democrat and longtime ally of Biden, struck a more pragmatic tone in a telephone interview Sunday... ...The hard part comes, is getting to 218 votes in the House, and 51 votes in the Senate,” Clyburn said.  ...

favicon financialpost.com —  5+ hour, 41+ min ago

Bola Tinubu sworn in as Nigeria's president amid hopes, skepticism

financialpost.com > pmn > business-pmn

...node in the global supply chain for critical minerals Bank of Canada July rate hike would be a mistake: CIBC's Benjamin Tal Premier Frack: New... ...Here's how to make your money last Share this Story: Bola Tinubu sworn in as Nigeria's president amid hopes, skepticism Thousands of Nigerians... ...the United States after India and China.... ...Please try again Tinubu -- the former governor of Lagos, which is Nigeria"s economic hub -- has promised to build on Buhari"s efforts to deliver...

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