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Tag Archives: nbsp

More information on HollisWealth settlement with MFDA could have been useful

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It was unfortunate timing: In the same week when Bank of Nova Scotia was announcing the launch of its new Scotia Wealth Management brand, another one of its units was being fined and censured by its industry association, the Mutual Fund Dealers Association of Canada. But you would never know …

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Companies in ailing oilpatch look for ways to avoid or delay layoffs

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CALGARY — Companies in the ailing oilpatch are looking at ways to avoid layoffs — or at the very least to forestall or minimize them. Canadian Natural Resources Ltd. has not had to trim its workforce of more than 7,600 as a result of the crude price collapse. “In lieu …

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Loonie on track for second-biggest decline ever as pressures pile up

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The Canadian dollar is on track to experience its second-biggest decline on record against the U.S. dollar, and analysts forecast the currency could go lower before it bounces back next year. The loonie is now down nearly 17 per cent against the greenback for 2015, the biggest drop since 2008, …

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A bleaker Canadian economy may be lurking below recent data

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OTTAWA — On the surface, Canada’s economy is displaying signs of returning — albeit in small steps — to some form of normalcy. Inflation has been making a mild and slow comeback in Canada, warming up after a period of ultra-low price gains that characterized much of the past year, …

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Oil to stay below $50 for two years, while other commodities rebound, Scotiabank says

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CALGARY – As benchmark oil prices tumbled to new 11-year lows on Monday, a new report painted a grim picture of the outlook for energy prices next year and 2017. How can Canada make money when it's selling the cheapest oil in the world? The oil collapse that pushed crude …

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How Canadian Tire is grappling with the economics of e-commerce

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Technology can be both a blessing and a curse for traditional retailers. The hottest toy you can’t buy in stores! How Shopify is powering a retail revolution Behind the scenes, a Canadian company is helping small merchants willing to fill the void left by the likes of Walmart Inc. and …

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TMX readying for showdown with Nasdaq over Canadian tech unicorns

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 The owner of Canada’s largest stock exchange is trying to make the company more enticing to technology startups amid new competition from Nasdaq Inc., the global heavyweight in tech listings. TMX Group Ltd. wants more tech firms on its venue for small companies, the TSX Venture Exchange, with the goal …

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Nestle commits to using only cage-free eggs in U.S. by 2020

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NEW YORK — Nestle SA said on Tuesday it will stop using eggs laid by caged hens in its U.S. products by 2020, making it the largest packaged food company to go cage-free amid pressure from consumers and animal-rights groups. The world’s largest food maker said it uses about 20 …

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Alberta’s credit rating downgraded on concerns over rising debt

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CALGARY – Alberta Finance Minister Joe Ceci said Friday he is disappointed to see the province lose its top credit rating, but doesn’t expect the move will affect Alberta’s borrowing costs. “Obviously we are disappointed by today’s report, but the steep drop in the price of oil is hitting Alberta …

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How to make $1,000 a month extra income without the hassle of being a landlord

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Some investors buy properties and rent them out to receive rental income. Those properties require a huge amount of capital up front. By investing in real estate investment trusts (REITs) instead, investors can invest a small amount and still receive a juicy monthly income. Additionally, a professional management team takes …

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