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Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution
With interest rate cuts likely on the horizon, the Canadian Real Estate Association expects the number of homes changing hands this year to grow following a slowdown in 2023.
Jan 15, 2024 9:08 AM
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Boeing to increase quality inspections on 737-Max following Alaska Airlines blow out
NEW YORK (AP) — Boeing told employees Monday that it plans to increase quality inspections of its 737 Max 9 aircraft, following the failure of an emergency exit door panel on an Alaska Airlines flight last week.
Jan 15, 2024 8:52 AM
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Statistics Canada says manufacturing and wholesale sales rose in November
OTTAWA — Statistics Canada says manufacturing sales rose 1.2 per cent to $71.7 billion in November, helped by higher sales in the chemical subsector as well as gains in primary metal and machinery groups. Sales of chemical products rose 6.
Jan 15, 2024 6:17 AM
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AGF buying majority stake in alternative investment firm Kensington Capital
TORONTO — AGF Management Ltd. has signed a deal to buy a 51 per cent stake in alternative investment firm Kensington Capital Partners Ltd. for $45 million.
Jan 15, 2024 5:52 AM
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Thomson Reuters raises offer for Pagero Group, acquires majority stake
TORONTO — Thomson Reuters Corp. has raised its offer for Swedish company Pagero Group. Under its revised proposal, the company is offering 50 Swedish kronor in cash per Pagero share in a bid that values the e-invoicing firm at about 8.
Jan 15, 2024 5:08 AM
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Persistence Capital Partners signs deal to take Neighbourly Pharmacy private
TORONTO — Private equity firm Persistence Capital Partners has signed a definitive agreement to buy the stake in Neighbourly Pharmacy Inc. that it does not already own and take the company private.
Jan 15, 2024 5:07 AM
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Bernardo Arévalo sworn in as Guatemala's president despite months of efforts to derail inauguration
GUATEMALA CITY (AP) — Bernardo Arévalo was sworn in as Guatemala’s president on Monday minutes after midnight despite months of efforts to derail his inauguration, including foot-dragging and rising tensions right up until the transfer of power.
Jan 15, 2024 12:47 AM
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Five things to watch for in the Canadian business world in the coming week
Five things to watch for in the Canadian business world in the coming week
Jan 14, 2024 7:00 AM
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Economists expect December inflation ticked up, trend still points to slowdown
OTTAWA — Economists are forecasting Canada's inflation rate likely ticked up last month, but that isn't expected to set off alarm bells as long as underlying price pressures ease.
Jan 14, 2024 5:00 AM
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Halal food industry growing to meet demand as Muslim population continues rising
Eleven years ago, the recipe for the McCain Deep’n Delicious cake — a decades-old Canadian classic — changed. To many Canadians, the removal of beef gelatin from the cake’s components may have gone unnoticed.
Jan 14, 2024 5:00 AM
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