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Financial Advisor

U.S. job growth slows, unemployment rate at 8-year low

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WASHINGTON – U.S. employment gains slowed more than expected in January because the boost to hiring from unseasonably mild weather faded, but surging wages as well as an unemployment rate at an eight-year low suggested the labour market recovery remains firm. Nonfarm payrolls increased by 151,000 jobs last month and the unemployment rate what food was in 4.9 per cent, ...

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‘Zombie’ stocks haunt Canada’s oil patch, but buyers aren’t biting in worst bear market in a generation

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Last year Michael Binnion considered selling his company’s assets to pay attention to its core play in Alberta, however changed his mind as oil prices kept plumbing new lows. “In retrospect we actually wished we had sold,” the CEO of Questerre Energy Inc. said last week. “It’s hard for me to envision many people saying ‘I would like to sell ...

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American spending in Canada poised to rise to highest level in more than a decade: TD

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Americans will expend more money visiting Canada this season than any reason for more than a decade as a low loonie makes heading north more appealing. Total visits in the U.S. to Canada were already up more than 1.6 million in the first 11 months compared with the year before, said TD Economics inside a new report. The bank expects ...

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A dying breed: Currency traders left out of new Wall Street as jobs decimated

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Charlie Stenger, a currency-broker-turned-recruiter, has witnessed it all. One fired trader wept in the office. Another admitted he hadn’t told his wife he was unemployed, and left the home every day in a suit to sneak off to a coffee shop. There are the delusional guys, who carefully explain how they are not thinking about jobs that don’t pay as ...

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Canadian egg farmers to switch over completely to more humane hen housing by 2036

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TORONTO – Canadian egg farmers say they’ll meet restaurants’ growing interest in cage-free eggs even though conventional housing for hens will account for over fifty percent of production for at least eight more years. Egg Farmers of Canada announced Friday that it is members, representing more than 1,000 farms, will give over fifty percent of the eggs from hens in ...

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Chipotle Mexican Grill Inc launching $10-million program to help farmers ensure safety of food

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Chipotle Mexican Grill Inc., seeking to recover from an E. coli crisis that dragged down sales and profit, will start a course aimed at helping suppliers maintain food-safety standards. Chipotle is spending around $10 million to finance your time and effort, co-Chief Executive Officer Steve Ells said throughout a ending up in employees on Monday. The cash will be accustomed ...

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Fiat Chrysler gear shifters confuse drivers, leading to more than 100 crashes: U.S. safety agency

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DETROIT — Electronic gear shifters on some newer Fiat Chrysler SUVs and cars are so confusing that drivers have exited the vehicles with the engines running even though they are still in gear, causing crashes and heavy injuries, U.S. safety investigators have determined. Fiat Chrysler Automobiles takes first sales crown in another record-setting year for Canadian auto sales Fiat Chrysler ...

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Why investors need to read between the lines of rumour and news

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Here’s an investing rule for you: Be skeptical of pearls of wisdom. Any “pearl” that can be summed up in six words or less might have the advantage of making life easier, but often that’s about it, and following these bits of the usual understanding too closely can be a recipe for disappointment. How to conquer rate of interest uncertainty ...

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