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Tag Archives: buyers

Where did the potential buyers of Canadian Oil Sands disappear to?


Unless something dramatic happens between now and Friday, Suncor’s planned, albeit hostile, acquisition of Canadian Oil Sands is expected to play out as anticipated. While shareholders may not like the all-paper offer, they will support the transaction because the alternative of owning an independent company that trades lower – is …

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Why homeowners and buyers can expect more mortgage rate hikes from the big banks


Falling government-bond yields are usually good for homeowners in Canada because mortgage rates tend to follow suit. Not this time. Three of Canada’s biggest lenders have raised mortgage rates and more increases are expected as new regulations, a weak economy and higher costs prevent banks from capitalizing on lower borrowing …

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Low loonie luring foreign buyers, but an M&A boom in Canada may prove elusive


Canadian companies are eager to make deals and international businesses are looking to buy in a low-loonie environment, but don’t expect that to result in a wave of acquisitions this year. A decline of more than 30 per cent in the exchange rate of the Canadian dollar against the greenback has …

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For foreign buyers, Vancouver housing is a bargain as city becomes a ‘U.S. dollar play’


Vancouver’s eye-popping housing market is seemingly defying gravity, with sales in January rising nearly 32 per cent — the second busiest January on record. Without affordable housing, Vancouver risks becoming an economic ghost town The tech economy in Vancouver and across Canada has never looked brighter. Yet the reality, in …

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