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By Caley Gibson Global News Posted February 29, 2024 8:00 am Updated February 29, 2024 8:07 am 1 min read Descrease article font size Increase article font size Alberta’s finance minister is set to table the 2024 budget on Thursday afternoon. Premier Danielle Smith has warned that the province will …
Read More »Winnipeg’s office vacancy rate to tick higher downtown, tighten in suburbs: report – Winnipeg
Nationwide, investors in real estate are anticipating a positive take on the market, highlighted by a new report from CBRE. But while the nation is expecting a recovery of commercial real estate investment, the situation is not easily comparable in Winnipeg. CBRE’s Canada Real Estate Market Outlook states that foreign investment …
Read More »Gender pay gap double in private vs public sector, report says. Why? – National
The gender pay gap for female employees in Canada’s private sector is double that in the public sector, which is doing a better job of narrowing the wage inequalities, according to a report published Wednesday. The Canadian Centre for Policy Alternatives (CCPA) analyzed hourly pay rates in 2023 and to …
Read More »Scotiabank beats profit estimates on interest income strength, BMO misses – National
Descrease article font size Increase article font size Canada’s Bank of Nova Scotia on Tuesday beat estimates for its first-quarter profit, helped by robust growth in interest income, while Bank of Montreal (BMO) fell short of expectations due to bigger loan-loss provisions. A string of rate hikes by the Bank of …
Read More »Private cannabis businesses worried B.C. government stores operating at a loss
B.C. cannabis retailers are worried that the provincial government’s cannabis stores are operating at a loss. The private industry said it is already facing several challenges in turning a profit, and competing with the B.C. government for customers is just another hurdle that is possibly holding them back. “When you …
Read More »Limited exposure to U.S. commercial real estate giving Canadian bank investors hope. Why? – National
Limited exposure to U.S. commercial real estate (CRE) is giving shareholders hope that Canada’s big banks can weather the storm that has rocked rivals in the United States and Europe. However, investors will be on alert for signs of stress when Canada’s top six banks next week post first quarter …
Read More »Here’s how much home you can get for $1M across Canada these days
Higher interest rates and resilient home prices mean most Canadians are getting less for their homes at the $1-million benchmark, according to a new Royal LePage report. The analysis comes as would-be homebuyers continue to struggle with housing affordability, which market watchers say worsened again at the end of last …
Read More »Quebec to table budget on March 12 amid warnings of larger deficit – Montreal
By Staff The Canadian Press Posted February 22, 2024 11:16 am 1 min read Descrease article font size Increase article font size The Quebec government will present a budget on March 12 that is expected to have a larger deficit than originally estimated. Quebec’s Finance Minister Eric Girard said Thursday …
Read More »Canada secures surrender of all oil and gas permits in Pacific offshore
Descrease article font size Increase article font size Canada has secured the surrender of the last remaining permits for oil and gas development off its Pacific Coast, the federal natural resources minister said on Wednesday, after Chevron Canada CVX.N voluntarily relinquished 23 permits this month. Energy and Natural Resources Minister …
Read More »‘No austerity,’ despite bigger deficit due to spending on Quebec teachers: Legault
Premier François Legault said Sunday the ramp-up in spending on education pledged by his government will go a long way to supporting Quebec’s teachers and students — and prompt a bigger budget deficit. At a news conference, Legault said agreements recently hammered out with unions will see the province “invest …
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