Finance News Follow us to find the latest Finance news

TORONTO/MONTREAL – Dream Office Investment Trust is working with TD Bank and CBRE to sell 1 / 2 of its stake in Toronto’s Scotia Plaza, Canada’s second tallest business building, based on two sources familiar with the matter. The potential sale comes about 4 years after Dream Office REIT, then called Dundee REIT, acquired two-thirds from the Two million square-foot ...

WASHINGTON – U.S. economic growth slowed in the fourth quarter, but not as sharply as initially thought, with businesses less aggressive in their efforts to reduce unwanted inventory, which could hurt output within the first 3 months of 2016. Gross domestic product increased at a 1.0 percent annual rate rather than the previously reported 0.7 per cent pace, the Commerce ...

Northair and Kootenay Combining to Create Mexican Silver Consolidator Northair Silver Corp (TSXV.INM) has a NI43-101 compliant silver resource at its La Cigarra project in Chihuaua State, Mexico; only 20 kilometers from two large producing mines which have been mining silver for hundreds of years. The organization also has 2 million dollars in its treasury and it is President & ...

OMAHA, Neb. – The United States’ economy is within better shape compared to presidential candidates allow it to be seem, investor Warren Buffett said Saturday, despite the fact that businesses like his still face challenges. In his annual letter to Berkshire Hathaway shareholders, Buffett didn’t name specific candidates or issues, but noted that the negative drumbeat concerning the economy, healthcare reform ...

The Liberal government’s case for additional spending may get a lift if fourth quarter GDP comes in worse than expected on Tuesday. Canada still lagging behind U.S. growth, and also at this time, we’re nowhere near to catching up Divergence in United states economies shows little manifestation of narrowing. While the U.S. economy performed better than expected within the final ...

The motives fuelling a minority shareholder’s make an effort to thwart Corus’s $2.65 billion purchase of Shaw Media were called into question Friday, as Catalyst Capital Group Inc. aired its concerns about the proposed sale on the conference call with investors and analysts. Catalyst, a personal equity firm with US$6 billion in assets that are experts in distressed situations, said ...

CALGARY C The British Columbia government stands to gain $2.9 billion per year if three liquefied natural gas vegetation is built on the province’s coastline, according to a new report funded by one of the LNG project proponents. The Conference Board of Canada noted in a new report, paid for with a subsidiary of Malaysia’s state-owned oil company and LNG ...

China’s latest easing move signals that shoring up growth may be the government’s main concern even when doing this further weakens the yuan or contributes to leverage that threatens the longer-term health from the world’s second-biggest economy. ‘Good progress,’ but few details on how you can strengthen global economy as G20 summit concludes Canada’s finance minister said G20 leaders ‘made ...