In the sea of information that floods our digital lives, discerning the meaningful from the mundane can feel like trying to catch the right wave amidst a turbulent ocean. This is especially true in the world of finance, where staying informed can mean the difference between sinking or swimming in your financial endeavors. Whether you're a seasoned investor, a curious novice, or someone just trying to keep up with the economic climate, a daily digest of finance news serves as your compass, guiding you through the ever-shifting market terrain. It's about making sense of the ripples and undercurrents that impact everything from your personal wallet to the global economy.
Picture this: every morning, you start your day not with the overwhelming tidal wave of every possible market report and analysis but with a curated selection that cuts through the noise. Imagine knowing exactly what to focus on, having insights expertly distilled to equip you with the knowledge you need to make informed decisions. In "Navigating Market Waves: Your Daily Digest of Finance News," we will deliver precisely that clarity and foresight. We dive deep into the most crucial updates, trends, and forecasts, ensuring you're not just keeping afloat but charting a course toward solid financial ground. With every update, you're one step closer to mastering the market's tides and ensuring your financial ship sails smoothly.
U.S. looks to Canadian model as it debates air-traffic-control privatization
A major debate is underway about how to fix the United States’ bureaucratic air traffic control network, and stakeholders are looking north to Canada’s privatized system for a model of the way it should be done. The U.S. Federal Aviation Administration has struggled for a long time to secure enough funding to update its aging infrastructure, while Ottawa-based Nav Canada ...
Read More »Alberta unveils $500 million subsidy for companies building petrochemical processing plants
CALGARY C Petrochemical companies have begun arranging to apply for the Alberta government’s new $500-million subsidy program meant to bring more “value-added” jobs to the province. Alberta Economic Development and Trade Minister Deron Bilous and Energy Minister Marg McCuaig-Boyd announced the new program Monday, which would give companies building new petrochemical plants as many as $500 million in royalty credits. ...
Read More »No living large for oil majors as even they take a savage beating from fall in crude prices
Integrated oil companies for example Imperial Oil Ltd., its parent Exxon Mobil Corp., and BP PLC are built to be resilient to market downturns, thanks largely to downstream operations that offset upstream woes. But Tuesday’s fourth-quarter results show even they are going for a savage beating in the fall in prices C in Canada, Imperial collected less than $23 a ...
Read More »Amid wave of layoffs, Canadian labour force in need of employment insurance reform, better support for workers: C.D. Howe
After a year marked by reports of mass layoffs and sector contraction, Canada’s labour force is in need of a change, a brand new report says. ‘I’m done’: Alberta’s laid-off oil workers instructed to abandon industry in worst downturn they’ve ever seen For 36 years, Sue Jones rode the good and the bad of Alberta’s oilpatch. But after she was ...
Read More »Chipotle Mexican Grill’s food poisoning outbreak causes traffic to fall in all but one category: teens
TORONTO – There’s one group of customers that do not seem everything bothered by a series of outbreaks at Chipotle Mexican Grill: teenagers and college-aged youth. How Chipotle is evolving its cooking methods after a devastating E. coli outbreak After an E. coli outbreak that sickened more than 50 people, Chipotle is tweaking its cooking methods.Continue reading. That could signal a ...
Read More »Pension funds hope for better deal in de-risking marketplace
A pension risk exchange – a web-based marketplace that aims to bring those defined benefit pension plans looking to purchase de-risking annuities with those that provide such products C is here in Canada. This week saw the unveiling of the Mercer Pension Risk Exchange, which has the modest objective of “revolutionizing the majority annuity market for defined benefit pensions.” The ...
Read More »Shareholders increase pressure on Pivot Technology to pull deal
The board of Pivot Technology Solutions, a California-based TSX Venture listed company that recently agreed to a share exchange whereby several insiders would acquire control without having to pay any cash, have now been put on notice by certainly one of its large public shareholders. A few days back when Pivot announced its support for a deal whereby shareholders (apart ...
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