Canadian home sales declined 1.7 per cent in April from March, and were up 10.1 per cent on an annual basis, data from the Canadian Real Estate Association shows. The national average selling price was down 1.8 per cent compared to April 2023.
After breaking ground in 2023, the company building a plant to produce battery components for electric vehicles in a municipality near Kingston, Ont., says it's delaying construction of the plant citing a slowdown in EV sales.In a statement to CBC News, Umicore Rechargeable Battery Materials Inc. said Friday that its project in Loyalist Township is impacted by the "significant worsening of the EV market context and the impacts this has on the entire supply chain." The project carried a total pri
TORONTO — Canada's largest condo market is facing its biggest test in decades as the number of investors losing money every month, and the amount they're losing, has ballooned, says a new report from CIBC and Urbanation.
Various statistics show the GTA's condo market is "clearly in recessionary territory," and the nationwide housing crisis is at a level not seen in over 30 years, a report from CIBC and Urbanation says.
(Bloomberg) -- Eli Lilly & Co. is down more than $120 billion in market value and its status as the poster child of the weight-loss drug frenzy is under threat with at least two rivals posting encouraging developments for their obesity treatments.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerMarkets Tear Up Popular Trades That Reached ‘Stupid Levels’Stocks Caught in Tug of War Between Tech and Rest: Markets
Want some explosive growth in your TFSA. These small-cap stocks have risks, but they could also have some massive reward. The post 3 TFSA Stock Picks With Explosive Potential appeared first on The Motley Fool Canada.
Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.
Lower rates are a tailwind for tech stocks but one dividend payer in this high-growth sector is the top buy in a rate-cutting cycle. The post 1 Stock to Buy if the Bank of Canada Keeps Cutting Rates appeared first on The Motley Fool Canada.
The Nasdaq Composite has dropped below its 50-day moving average, a level where buyers historically have come in, propping up the price.
Older investors like stocks. Younger investors prefer "alternatives," including crypto, according to a new industry survey.
The Nova Scotia government is seeking more than $900,000 from the directors of a defunct fuel and heating oil company for taxes that were collected from customers in the years before it went bankrupt but which were never turned over to the province.The provincial fuel tax issue is adding to the catalogue of financial woes faced by Maritime Fuels that have trickled out since it abruptly closed down last fall, owing more than $51 million to creditors, including $2.5 million to customers who prepai
Last week, you might have seen that Canadian National Railway Company ( TSE:CNR ) released its second-quarter result to...
MILAN (AP) — Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere Thursday after reporting a plunge in first-half earnings.
Alimentation Couche-Tard (TSX:ATD) stock could skyrocket considerably over the next five years under a new CEO. The post Where Will Couche-Tard Stock Be in 5 Years? appeared first on The Motley Fool Canada.
MOSCOW (AP) — Russia’s Central Bank on Friday raised its key lending rate to its highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow's military action in Ukraine.
Both Pembina Pipeline (TSX:PPL) and Brookfield Renewable Partners (TSX:BEP.UN) look like strong dividend stocks, but is one better? The post Pembina Vs. Brookfield Renewable: Which High-Yield Dividend Stock Is Better? appeared first on The Motley Fool Canada.
In the latest edition of Your Money, personal finance expert Rubina Ahmed-Haq joins Antony Robart to discuss Wednesday's Bank of Canada interest rate cut and the impact it will have on Canadians.
Here are two of the best Canadian dividend stocks you can add to your portfolio right now to build retirement wealth in the long run. The post Dividend Fortunes: 2 Canadian Stocks Leading the Way to Retirement Wealth appeared first on The Motley Fool Canada.
Loblaw said a boycott of its stores during its latest quarter had a minimal impact, as the company attributed lower profits to a settlement over an alleged bread price-fixing scheme.
CALGARY — With its recent buying spree behind it, Veren Inc. – formerly Crescent Point Energy Corp. – is turning its attention to paying down debt.
The Santa Rosa-based company has been showing signs of struggle for months.
