More Canadians Are Going Broke Because Of Higher Interest Rates

in #bitcoin6 years ago

OSC looking to lighten regulatory load on companies — and it wants suggestions: Barbara Shecter


OSC aims to identify actions it can take to save time and money for Ontario's businesses

Recession, what recession? Why BMO’s Brian Belski thinks chances of a downturn are low: Larysa Harapyn


'We don't think we're in crisis mode,' Belski tells the FP's Larysa Harapyn

More Canadians are going broke because of higher interest rates: Financial Post Staff


The Bank of Canada left its 1.75 per cent rate unchanged at a time when personal bankruptcy filings are on the rise

Lululemon shares gain after boosting quarterly sales, profit forecast: Bloomberg News


Lululemon's preliminary data suggests it will sidestep the rout that derailed some companies' shares last week

Canadian home prices fall for third month in a row, even in Vancouver: Reuters


'The recent trend of home prices is clearly downward in most metropolitan markets'

A half-dozen companies to watch in IPO-land this year: Bloomberg News


If they do go public, it remains to be seen whether they do so with a splash, or a behind-the-scenes ripple

Some really bad trade data from China is dragging down stocks around the world: Reuters


China posts its biggest trade surplus with the United States on record

Ontario credit unions now able to participate in bank-led syndicated loans, following rule change: Geoff Zochodne


Helps credit unions manage loan risk while cutting red tape. It also boosts commercial lending and improves liquidity

Lawyers see plenty of work ahead as innovation economy takes hold: Barbara Shecter


With economic and social change coming fast across myriad sub-sectors, governments and regulators struggle to keep up

JDA and Panasonic Partner to Co-Innovate on Integrated Digital Supply Chain Technology Solutions - Financial Post:


JDA and Panasonic Partner to Co-Innovate on Integrated Digital Supply Chain Technology Solutions Financial Post NEW YORK & OSAKA, Japan & SCOTTSDALE, Ariz. — JDA Software, Inc. and Panasonic Corporation today announced a joint partnership to co-develop...

Huawei Canada senior executive leaving the embattled Chinese tech company - Vancouver Sun:


Huawei Canada senior executive leaving the embattled Chinese tech company Vancouver Sun Scott Bradley, Canadian vice-president of corporate affairs, is departing after more than seven years as the public face of the company in Canada.

In the mystery of Canada’s missing wages, all clues lead to Alberta: Kevin Carmichael


Outside the oilpatch, salaries went up 2.6% in the third quarter, but crude prices explain Alberta's lack of wage growth: Kevin Carmichael

A port in a storm: politics, competing interests leave Port of Halifax future in limbo: Special to Financial Post


Halterm accounts for 12,000 jobs and $3.6 billion of economic output

Goldman Sachs preparing to launch cash-management service in 2020: Reuters


Low-margin, utility-like service nonetheless brings in steadier, stable revenue for big banks

Bond traders mull odds of policy error after Bank of Canada signals more hikes could come: Bloomberg News


Weak consumption and housing slump are adding to speculation past hikes have already gone too far

'This journey has taken a toll': Aphria CEO Vic Neufeld stepping down amid short seller controversy - Financial Post:


'This journey has taken a toll': Aphria CEO Vic Neufeld stepping down amid short seller controversy Financial Post Aphria CEO to step down amid questions about cannabis firm's deal-making, slumping stock The Globe and Mail Aphria CEO Vic Neufeld to step down …

What you need to know about claiming the principal residence exemption on the sale of property: Jamie Golombek


Jamie Golombek: Tax case illustrates how designating a property as a 'principal residence' comes with fulfilling a set of specific criteria

RBC’s CEO vows improvement on bank’s disappointing mortgage performance: Bloomberg News


David McKay says the bank lost market share but has addressed 'deficiencies'

Apple plans to launch three new iPhone models this year, WSJ reports: Reuters


One of the phones will have an LCD screen and they will have new camera features, the report said

As bankruptcies rise, BoC’s Poloz says he’s listening to people’s concerns about higher interest rates: The Canadian Press


According to the bank, Poloz personally responds to emails and letters addressed to him from the public


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