Two of Canada’s biggest lenders revealed quarterly earnings on Wednesday that suggest a gloomier outlook for Canada’s economy, with sharply lower profits and a large jump in the amount of money they’re setting aside to cover bad loans. Bank of Montreal and Scotiabank posted quarterly results before stock markets opened on Wednesday, and while the…
Category: Business News
Memorial Day Business Report: How Microsoft believes AI will help employees – 41NBC News
Alongside the crush of data, information, and always-on communications the pace of work has increased exponentially. Employees are struggling to shoulder the weight of it all. Meanwhile, business leaders feel pressure to increase productivity amid economic uncertainty. People spend more and more of their days separating the signal from the noise, and it’s coming at…
Households now owe more than Canada’s entire GDP, the housing agency warns
Canadian households are more in debt than those in any other G7 country, and the amount they owe is now more than the value of the country’s entire economy. That was one of the main takeaways of a new report from Canada’s housing agency, the Canada Mortgage and Housing Corporation, which backstops much of the…
Prices for some Blue Jays season tickets are doubling. No, fans are not happy
The Toronto Blue Jays may be tied at the bottom of the AL East standings, but that’s not the only reason some fans are upset. After an April email was sent out to season ticket holders on the next phase of the $300-million renovation of Rogers Centre, some longtime Jays fans were dismayed to realize…
Russia Accuses Japan of ‘Cynical Speculation’ After Tokyo’s Nuclear Rebuke
(Reuters) – Russia on Saturday accused Japan of “cynical, unscrupulous speculation” over Tokyo’s comments around the nuclear threat Moscow poses and promised to respond to Japan’s latest round of sanctions imposed over Russia’s invasion of Ukraine. Chief Cabinet Secretary Hirokazu Matsuno on Friday said Japan would place additional sanctions on Russia after the Group of…
FAA orders grounding of all Air Canada and Rouge flights in US lifted
A brief ground stop order for all Air Canada and Rouge flights in the US due to an unspecified computer issue has been lifted. A little after 11 am ET on Thursday, the US Federal Aviation Administration (FAA) ordered what’s known as a “ground stop” to all of the airline’s destinations in the US due…
Why Shouldn’t I Use an Online Will?
Online will often do more harm than good. Many people look to the internet when preparing estate planning documents, like wills and trusts, but this can set you up for disaster. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe…
Charleston marina company buys Florida operation > Charleston Business Journal
Charleston-based PORT 32 Marinas has acquired Lighthouse Point Marina in Lighthouse Point, Fla. The purchase is part of PORT 32’s renewed focus on acquisitive growth along both the Atlantic Coast and the Gulf of Mexico, according to a news release from the company. This is the second marina acquired by the company in the Fort…