China’s securities regulator said it will encourage the nation’s companies to list in Hong Kong as it unveiled a package of measures to bolster the city’s position as an international financial hub.
Hong Kong’s accounting regulator said it will investigate allegations over PricewaterhouseCoopers LLP’s role auditing China Evergrande Group following a “whistleblower report”.
Hudson Bay Capital Management has raised over $800 million to invest in so-called special opportunities, according to a person with knowledge of the matter.
A group of investors led by a Dubai-based real estate developer is in talks to build a mixed-use tower in Thailand that may vie for the mantle of the world’s tallest building.
Liberals' mortgage help for first-time buyers lands Sept. 2
The Canadian Press
Ottawa's first time homebuyer's incentive is flawed: Economist
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OTTAWA - The federal Liberals say a new program to help new buyers pay for their first home will kick in on Labour Day.
The program that will help cover some mortgage costs will be available starting Sept. 2, only weeks before the October federal election.
The government's plan will see it pick up five per cent of a mortgage on existing homes for households that earn under $120,000 a year, on a mortgage of no more than $480,000.
It plans to cover up to 10 per cent to spur construction for new homes.
There isn't any interest on the federal money.
A buyer will have to repay it if they sell their house, or after 25 years of living in the home.
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