Home » Author Archives: privatefinancetips (page 3)

Author Archives: privatefinancetips

Canada ranked second most competitive for business among leading industrial nations

TORONTO – Accounting giant KPMG says Canada has proven to be second best market in a comparison test of 10 leading industrial countries. Top 10 competitive countries Accounting giant KPMG says Canada was the second most competitive market inside a comparison of 10 leading industrial countries. Following may be the list of countries so as.1. Mexico2. Canada3. The Netherlands4. Italy5. ...

Read More »

Ka-ching! At $1,610 a square foot, Toronto’s Yorkdale Shopping Centre crowned Canada’s most profitable mall

TORONTO – Real estate firm Avison Young says Toronto’s Yorkdale Shopping Centre was the country’s most profitable retail mall last year. In a new report, Avison Young says Yorkdale mall generated $1,610 in sales per sq . ft . in 2015. That bumped Vancouver’s CF Pacific Centre, which topped the list the year before, into second devote 2015. CF Pacific ...

Read More »

Discount airline service carrier NewLeaf Travel gets green light to resume flight sales

Discount carrier NewLeaf Travel says it’ll resume selling low-cost flights within the next couple weeks since it’s received the go-ahead from Ottawa to continue operations. Chief executive Jim Young says the organization expects its first flight to take off as soon as late spring or early summer. In the meantime, it will focus on reintroducing itself to consumers. Late Tuesday, ...

Read More »

Economy to see greater benefits of a low loonie over time, Morneau says as he courts U.S., Europe investors

OTTAWA – Bill Morneau has spent a lot of his post-budget time criss-crossing the country to sell the Liberal’s deficit-heavy spending intends to Canadians. Now, the finance minister is taking that same message to the world’s largest financial centres – beginning in New York, and followed by stops in Paris and London. For Canadians, his message is really a familiar ...

Read More »

Bank of Canada warns economy’s recovery from oil shock will take more than two years

EDMONTON – Canada will require more than two years to regulate fully towards the stop by oil prices, a senior Bank of Canada official said on Wednesday, signaling no quick end to a shock which has roiled the economy. The oil price crash is over – let the recovery of Alberta’s hard-hit economy begin The crash has ended. The rebuilding ...

Read More »

Brussels attack hasn’t soured Ontario Teachers’ Pension Plan on infrastructure investments: CEO

The recent terrorist attack involving a bombing at the Brussels Airport hasn’t altered the Ontario Teachers’ Type of pension appetite for infrastructure investments, the plan’s chief executive said Wednesday. Teachers’ owns a 39 per cent stake within the airport in Belgium, which was hit along with a busy Brussels metro station within an attack this month that left a lot ...

Read More »

Valeant Pharmaceuticals directors, CEO ordered to cease trading shares by Quebec securities regulator

Valeant Pharmaceuticals International Inc’s directors and key officers have received a cease-trade order through the securities regulator in the Canadian province of Quebec, around the company’s request, Valeant said on Thursday. In another statement, the Autorit Des Marches Financiers (AMF) said an order against trading shares becomes effective Thursday and it is in place for 15 days. Contained in the ...

Read More »

Air Canada granted labour flexibility under new legislation that was promised after CSeries purchase

The authorities is granting Air Canada more flexibility over its maintenance work, proposing changes to the three-decades-old laws that govern the airline after it agreed to purchase Bombardier Inc.’s CSeries jets. The proposed amendments towards the 1988 Air Canada Public Participation Act, introduced Thursday by Transport Minister Marc Garneau, fulfill a promise made recently once the airline announced its intend ...

Read More »