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OMG! Did Toronto Home Prices Just Breach C$1 Mn-Mark? | CA Market Updates
March 04, 2021 04:39 PM AEDT| By Team Kalkine MediaAverage home prices in Greater Toronto Area (GTA) topped over C$1 million in February 2021, as per Toronto Regional Real Estate Board (TRREB) data on Wednesday. This is a 14.9% year-over-year surge. The price rise was led by historic home sales, whi...
What Are The Highlights Of Canada’s GDP Records Historic Drop In 2020?
March 04, 2021 07:43 AM AEDT| By Team Kalkine MediaCanada’s real GDP contracted by about 5.4 per cent in 2020, the sharpest decline since the figures were first recorded in 1961. The nominal GDP fell 4.6 per cent YoY in 2020. The real GDP, however, grew by 2.3 per cent in 2020’s last quar...
Did Justin Trudeau's Pandemic Regulations Impact Canada's GDP? | CA Market Updates
March 02, 2021 04:36 PM AEDT| By Team Kalkine MediaEconomists and analysts are claiming that Canada’s GDP shrunk by over 5 per cent in 2020, as Prime Minister Justin Trudeau-led Canadian government imposed strict lockdowns and doled out generous pandemic aid. Official Canadian GDP figures are...
Higher bond yields: What it means for your portfolio? | CA MARKET UPDATES
March 01, 2021 04:26 PM AEDT| By Team Kalkine MediaA sharp surge in the bond yields has come again to haunt the equity markets. • The US 10-year treasuries’ yield surpassed 1.6 per cent, highest in one year. • Higher bond yield is theoretically bad for equity markets. • Howeve...
Which 5 EV Stocks To Explore in 2021 for a Green Future?
February 26, 2021 09:18 PM AEDT| By Team Kalkine MediaStocks surrounding the EV sector have been buzzing among investors as governments and entities worldwide embrace green energy. Let us check out 5 EV stocks from North American markets worth exploring. Lithium is an essential ingredient required in t...
How is BlackBerry (TSX:BB) Stock Performing?| Canada News Updates
February 26, 2021 06:57 PM AEDT| By Team Kalkine MediaAfter hitting a 52-week high in January 2021 amid the Reddit-led rally, BlackBerry stocks witnessed a massive correction. The stock is currently trading at an attractive price and could possibly double this year. Stocks of BlackBerry Limited are trad...
IonQ Merging With SPAC DMY Technology III For Public Debut?
February 25, 2021 07:07 PM AEDT| By Team Kalkine MediaQuantum computing firm IonQ is reportedly planning to go public via a reverse merger with special public acquisition company (SPAC) DMY Technology Group Inc III...
How did Bank of Montreal & Scotia-bank Fare in Q1FY1? | CA Market Update
February 24, 2021 04:48 PM AEDT| By Team Kalkine MediaCanadian big bank’s earnings season officially kicked off on Tuesday after Bank of Montreal (TSX: BMO) and Bank of Nova Scotia (TSX: BNS) reported their financials for the fiscal first quarter of 2021 (Q1FY21)....
Why Boeing 777 Aircraft Are Being Grounded?
February 23, 2021 05:24 PM AEDT| By Team Kalkine MediaAirlines from across the world have halted the operations of Boeing Co. 777 aircraft after United Airlines’ plane mid-air engine failure that led to raining debris over Denver on February 20, 2021....
Crude Oil at One Year High; What Are The Stocks Under Radar?
February 22, 2021 08:24 PM AEDT| By Team Kalkine Media• The global oil demand for 2021 is forecasted to be higher than the last year. • WTI Crude Oil price made a 13-month high. • The Crude oil price has broken the crucial resistance level and getting support from the 21-period simple m...
Is Facebook Blocking News In Canada After Australia? | CA NEWS
February 22, 2021 03:54 PM AEDT| By Team Kalkine MediaAfter Australia, Facebook is likely to encounter a similar law in Canada that seeks to guarantee payments to news publishers for using their content on social media sites. • Canada will propose the law in the coming months to protect the rights...
How is world's first bitcoin ETF (BTCC) performing? | CA Market Update.
February 19, 2021 10:23 PM AEDT| By Team Kalkine MediaWorld’s first Bitcoin ETF debuted on the Toronto Stock Exchange (TSX) on Thursday, trading some C$80 million worth of shares in the first hour alone. The coin is traded with the symbol BTCC.B (for Canadian dollar) and BTCC.U (for US dollar). U...
Why is Amazon Rushing to Acquire Selz? | CA News Updates
February 18, 2021 07:23 PM AEDT| By Team Kalkine MediaAmazon acquires Selz to fend-off competitions from Shopify E-commerce behemoth Amazon Inc. has acquired the Australian company Selz at an unspecified amount as it gets ready for competition from another Canada’s Shopify Inc. Amazon has not re...
Air Canada-Transat Deal On Verge of Collapse? | CA Market Update.
February 17, 2021 09:23 PM AEDT| By Team Kalkine MediaDespite the federal nod, Air Canada’s proposed acquisition of Transat A.T. is shrouded under a cloud of confusion as the deadline to close the deal ended on Monday. Bitcoin Zooms Past US$50000-Mark World’s largest cryptocurrency touched...
Which 2 Tech stocks that could double in 2021?
February 15, 2021 09:33 PM AEDT| By Team Kalkine MediaTechnology stocks are a great value addition to the portfolio. But given the multitude of technology stocks in the market, it is challenging to make a pick. The bottom line is to focus on companies embracing emerging trends are most likely to stay ah...
How did Enbridge & Air Canada fare in Latest Earnings Report?
February 15, 2021 09:30 PM AEDT| By Team Kalkine MediaCanadian energy company Enbridge reported a higher EBIDTA for the fourth quarter of 2020. The EBITDA improved by C$15 million to C$ 3.2 billion in Q4. It also hiked its quarterly dividend payout by 3 percent to C$ 0.835 per share, straight 26th succe...
Big Pot Firms Push Up TSX Healthcare Sector's Market Cap | CA NEWS 11 FEB
February 11, 2021 04:13 PM AEDT| By Team Kalkine MediaThe TSX Health Care Index’s rallied in the markets this week. The index climbed over 8.5 per cent on Tuesday alone offering index investors an attractive return. But interestingly, it is not healthcare companies that are boosting this growth....
Canadians’ Interest Spike In Crypto Market
February 10, 2021 07:21 PM AEDT| By Team Kalkine MediaCanadians have actively searching for crypto apps to enter the lucrative cryptocurrency market after Bitcoin flied to an all-time high of US$ 48,000 per token on Monday. The surge came after Tesla invested US$ 1.5 billion in the crypto token....
Marathon (MARA) & Riot Crypto Stocks Balloon With Bitcoin High | CA NEWS 09 FEB
February 09, 2021 04:06 PM AEDT| By Team Kalkine MediaWhile Marathon stocks were up by about 34 per cent, Riot stocks reflected a growth of about 32 per cent in the morning at the time of writing this (11.30AM EST). • The price surge in these crypto stocks comes in the wake of Tesla Inc (NASDAQ:TS...
Will Canada’s average house price increase in 2021?
February 09, 2021 04:02 PM AEDT| By Team Kalkine MediaThe housing market frenzy that saw out the year 2020 is trending in most Western Countries. Canada’s housing market saw sales increase by 7.2% in December up from November 2020. It seems the need for home offices induced from the Covid-19 restr...
Canadian AI All-Stars: Unveiling the Top Stocks for 2025