Finance Minister Selina Robinson says a three-year climate fund will support ongoing disaster cleanup and rebuilding Author of the article: Finance Minister Selina Robinson says the budget also includes cutting average child-care fees to about $20 per day. Photo by THE CANADIAN PRESS/Darryl Dyck files VICTORIA — British Columbia has earmarked $2.1 billion to fund… Continue reading B.C. budget includes $2.1 billion in disaster relief; $5.5 billion deficit
Amazon’s Canadian landlord plans bond market debut
RBC Canadian Core Real Estate Fund plans to issue green bonds in the near future Author of the article: Bloomberg News Esteban Duarte An Amazon warehouse north of Calgary in Balzac, Alta. Photo by THE CANADIAN PRESS/Jeff McIntosh files A Canadian commercial real estate landlord whose largest tenant is Amazon.com Inc. is marketing its inaugural… Continue reading Amazon’s Canadian landlord plans bond market debut
CPPIB partners with Lennar in US$979 million U.S. apartment push
The investment comes as both rents and home prices soar in the U.S. amid a shortage of available properties Author of the article: Bloomberg News Ari Altstedter Contractors work at Lennar Corp.’s housing project in San Francisco, California. Photo by David Paul Morris/Bloomberg files Canada Pension Plan Investment Board is partnering with homebuilder Lennar Corp.… Continue reading CPPIB partners with Lennar in US$979 million U.S. apartment push
The RRSP has fallen from grace, but there are still plenty of good reasons to contribute
Jason Heath: Savers who ignore the RRSP’s benefits could be making a costly mistake Some of the reasons the RRSP has lost ground over the past generation are obvious. Photo by Chloe Cushman/National Post illustration files Historically, February has been known as “RRSP season,” a time when banks promote RRSP loans and last-minute contributions to… Continue reading The RRSP has fallen from grace, but there are still plenty of good reasons to contribute
A little portfolio protection just in case Russia ever does invade Ukraine
Martin Pelletier: Before buying into the recent dip, it’s worth looking into the impact on inflation should there actually be an invasion Europe imports nearly half of its entire natural gas needs from Russia and more than a quarter of its crude oil. Photo by Andrey Rudakov/Bloomberg Many investors are choosing to buy the dips… Continue reading A little portfolio protection just in case Russia ever does invade Ukraine
How gold miners lost their mojo
Investors have passed miners by amid growing confidence in ability of central banks to stave off systemic crises Gold miners appear to have lost their safe-haven status even as gold prices perform as expected in a crisis. Photo by Andreas Gebert/Bloomberg Gold miners should be some of the happiest people on Bay Street. Advertisement This… Continue reading How gold miners lost their mojo
Lightspeed stock drops as CEO Dax Dasilva’s departure adds to turbulence
Lightspeed’s stock has been on a dive, falling 75 per cent since hitting a high in September Lightspeed Commerce Inc. chief executive Dax Dasilva is stepping down from his role at the e-commerce company he founded. Photo by Christinne Muschi/Bloomberg Shares in Lightspeed Commerce Inc., one of Canada’s digital technology darlings, plunged in the wake… Continue reading Lightspeed stock drops as CEO Dax Dasilva’s departure adds to turbulence
David Rosenberg: How key asset classes performed following a yield curve inversion
The bottom line is that the bond market is sending a warning that a Fed policy mistake is increasingly possible A screen displays the Federal Reserve Chair Jerome Powell on the trading floor at New York Stock Exchange Photo by Andrew Kelly/Reuters files By David Rosenberg and Marius Jongstra Advertisement This advertisement has not loaded… Continue reading David Rosenberg: How key asset classes performed following a yield curve inversion