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Canada’s real estate market won’t crash, says Riocan’s CEO
He expects Canada’s hottest real estate markets in Toronto and Vancouver to continue gathering strength as more Canadians flock to urban centers and immigration inflows remain consistent.
Posted on 10-06-2015 at 2:46 PM
Top Picks from Cameron Hurst: Mondelez, Master Card, and Monster Beverage
Top Picks from Cameron Hurst, senior vice president and chief portfolio manager, Canaccord Genuity Wealth Management.
Posted on 10-06-2015 at 2:38 PM
Mining magnate Lundin hunting for takeovers amid oil price rout
Lukas Lundin’s commodities empire was worth a reported $11.8-billion in March. Today, the mining tycoon says the ongoing rout in resource prices has pushed that figure somewhere closer to $9-billion.
Posted on 10-06-2015 at 1:17 PM
Goldman, Morgan Stanley win back hedge fund trading business
Goldman Sachs and Morgan Stanley are winning back the trading business of hedge fund clients that they lost to European rivals during the financial crisis, as new capital rules spur banks like Deutsche Bank to scale down their businesses.
Posted on 10-06-2015 at 12:17 PM
Big U.S. firms hold $2.1 trillion overseas to avoid taxes: Study
The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study released on Tuesday.
Posted on 10-06-2015 at 10:55 AM
Tangerine unveils its first credit card
Tangerine has announced that it is adding a MasterCard credit card to its product offering as the no fee bank takes another step toward being an everyday bank.
Posted on 10-06-2015 at 10:34 AM
IMF warns global risks threaten Canada's economy
The International Monetary Fund is slashing its outlook for Canada as economic risks intensify, marking the sharpest downward revision of any advanced nation.
Posted on 10-06-2015 at 10:06 AM
New Volkswagen CEO tells staff to brace for ‘massive cutbacks’
New Volkswagen Chief Executive Matthias Mueller warned staff on Tuesday to brace for “massive cutbacks” in response to the diesel emissions scandal that has hammered the company’s stock and reputation.
Posted on 10-06-2015 at 9:52 AM

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