Bitcoin plunges as crypto company Celsius Network freezes customer withdrawals, transfersCelsius Network, which touted itself as the “world’s leading crypto earning and lending platform,” is freezing all withdrawals and transfers […]
Author: Consultant
‘We’re playing offence now’: Saputo planning more price hikes as profits slump
‘We’re playing offence now’: Saputo planning more price hikes as profits slumpDairy giant Saputo Inc. is planning another round of price hikes on grocers and restaurants in an attempt to […]
Bank of Canada says some Canadians could see mortgage payments jump by 45% in 2025-26 as rates rise
BOC Mortgage RatesOTTAWA — Some Canadians who took out mortgages in 2020-21 could see their monthly payments jump by as much as 45 per cent in 2025-26, given rising rates, […]
Calendar: What investors need to know for the week ahead (June 13)
Economic Calendar (June 9)===Monday June 13(8:30 a.m. ET) Canada’s construction investment for April(8:30 a.m. ET) Canada’s national balance sheet accounts for Q1.Earnings include: Oracle Corp.==Tuesday June 14(8:30 a.m. ET) Canadian […]
BMO sees major investment opportunity as Canada ramps up LNG production
BMO sees major investment opportunity as Canada ramps up LNG productionThe research team at Citi tracks more than 80 global investment themes. The performance tracking for May found some obvious […]
Strong inflation, anxious consumers add up to more worries that recession has already arrived
Strong inflation, anxious consumers add up to more worries that recession has already arrivedReports Friday showing blistering inflation and historic lows in consumer sentiment painted an increasingly dark economic picture.A […]
Air Transat second-quarter loss deepens amid pandemic-related flight cancellations, soaring fuel prices
Air Transat second-quarter loss deepens amid pandemic-related flight cancellations, soaring fuel pricesMontreal-based airline and tour company Transat AT Inc.’s second-quarter loss deepened amid pandemic-related flight cancellations and soaring fuel prices.Fuel […]
The close: North American stock markets fall as rate pressures grow, U.S. inflation report looms
The close: North American stock markets fall as rate pressures grow, U.S. inflation report loomsNorth American stocks tumbled Thursday following the latest reminder that central banks now care more about […]
IMF expects further cut in global growth outlook
IMF expects further cut in global growth outlookThe International Monetary Fund expects to further cut its forecast for global economic growth in 2022 next month, an IMF spokesperson said on […]