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Energy Watch: Is Canada getting what it bargained for from CNOOC?

After taking over Nexen in 2012, CNOOC committed to listing its shares on the TSX, maintaining the Canadian headcount and adhering to high safety standards. But the company may not be keeping its promise.
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REAL ESTATE
Top Picks from Swanzy Quarshie: Crescent Point Energy, PrairieSky Royalty and Bankers Petroleum
Top Picks from Swanzy Quarshie, Portfolio Manager, Sentry Investments.
Top Picks from Brendan Caldwell: Tricon Capital Group, Hardwoods Distribution and CCL Industries
Top Picks from Brendan Caldwell, president & CEO, Caldwell Investment Management/.
Here is how much rent costs across Canada
Wondering how much fellow Canucks are paying in rent? Thanks to data compiled by a Canadian apartment listing website, now you can find out how much renters across the country are asked to fork over each month.
Personal Investor: Don’t give your rainy day savings to the bank
Bank of Montreal says Canadians should save three to six months’ pay for emergencies like job loss, medical expenses or car repairs.
Oil falls on large U.S. crude stocks
Oil prices fell on Wednesday after U.S. government data showed a big rise in crude oil stocks, adding to concerns about global oversupply and sluggish economic growth in China.
REITs are at a 15-year bargain: CIBC
While some may consider it a warning signal, Alex Avery, Managing Director, Institutional Equity Research, CIBC World Markets says it’s a “buy” signal and narrowing spreads would push the price of Canadian REITs higher.
Canada’s era of cheap corporate debt ending with global turmoil
The market turmoil that swept the globe last month also rattled Canadian debt, causing the biggest spike in company borrowing costs in three years and shaving $9 billion ($6.8 billion US) off investors' holdings.
Sears Canada still hunting for a CEO
The retailer said on Wednesday that it is still hunting for the right person to take over the job most recently held by Ronald Boire.
TSX 'probably' headed for a bear market: Portfolio manager
The TSX is “probably” heading into bear market territory – defined by 20 percent move to the downside from its peak, according to Mike Archibald, Portfolio Manager, Equities at Aurion Capital Management.
Bill Gross: Fed tightening now could create self-inflicted instability
Gross wrote that his concept of a neutral policy rate closer to a nominal 2 percent "now cannot be approached without spooking markets further and creating self-inflicted financial instability."
Valeant to buy ophthalmic surgical device maker Synergetics
Valent said on Wednesday it would commence a tender offer to acquire all outstanding shares of Synergetics for US$6.50 per share, a premium of 48 percent to Synergetics' Tuesday close on the Nasdaq.
Pattie Lovett-Reid: How to get your adult kids out of your basement
One in four parents polled spend more than $500 a month to cover their adult kid's rent, groceries and other bills as they live in their basement.
Parents feeling the pinch of supporting adult children: Poll
A new poll suggests adult children are draining their parents' retirement nest eggs.
Here is how much rent costs across Canada
Wondering how much fellow Canucks are paying in rent? Thanks to data compiled by a Canadian apartment listing website, now you can find out how much renters across the country are asked to fork over each month.
House sales plunge in Calgary as energy sector job losses mount
Calgary’s housing market is showing signs of fracturing amid a fresh wave of layoffs announced by major energy companies in the city.
Luxury home sales soar as foreigners seek stability
Sales of the most expensive luxury homes more than doubled in Toronto in the first seven months of the year, fueled by foreign demand for housing Canada's largest city.
Buying a home? This is what you can afford in Canada
Affordability declined during the second quarter in the two most expensive markets, Vancouver and Toronto, a report by Royal Bank says.
Presales lead Toronto condo boom in first half of year
Toronto’s condo sector is shaping up to have one of its strongest years on record, dispelling fears that Canada’s largest housing market is ripe for a correction.
Real Estate Watch: Getting rid of nightmare tenants
A landlord advocate says Toronto homeowners are facing a growing problem: Fake tenants who convert rented homes into illegal rooming houses.
Home prices to rise despite economic slowdown: Poll
Canadian home prices are set to rise a little over 5 percent this year and 2 percent in 2016 despite a slowdown in activity as the economy weakens, a Reuters poll found.
Housing market ‘collateral damage’ for BoC amid rate conundrum
Canada's housing market could be a sacrificial lamb for the Bank of Canada as it tries to bolster a flagging domestic economy, according to Bank of America Merrill Lynch economist Emanuella Enenajor.
Cadillac Fairview sells 30% of TD Centre to Ontario Pension Board
Cadillac Fairview said it has agreed to sell a 30 percent stake in the Toronto-Dominion Centre office complex to the Ontario Pension Board, the companies said in a statement.
Real Estate Watch: RBC downplays chance of housing market crash
RBC Economics is shrugging off the prospects of a crash in the Canadian housing market even as some market watchers warn overvalued home prices could spell disaster for homeowners.
Economists caution against Harper’s focus on rising home-ownership rate
Stephen Harper is putting a new focus on Canada’s rising home-ownership rate, but some economists warn that pushing to drive it higher is a “wrong-headed” approach in an overheated market.
Analysts concerned by Canada's housing drop despite high listings
Canada’s housing market took a breather in July, as sales slipped from June and listings rose slightly across the country.

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