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News
Will the acceptance of bitcoin grow due to the pandemic?
September 23, 2020 06:51 PM AEST| By Team Kalkine MediaAs global banks suffered a massive plunge due to the coronavirus pandemic, digital assets have been categorised as attractive, as they are immune to the current business affairs. ALSO READ: Cryptocurrency Trading on the Rise, Bitcoin Again Crosses.....
TSX Gains 1.01% After Four Days of Losses
September 23, 2020 01:00 PM AEST| By Team Kalkine MediaAfter four straight days of losses, key Canadian equity gauge TSX Composite rose 1.01% to 16,142.89. A total of 152 stocks rose and 67 fell as a 2.3-to-1 ratio favoured advancers. Despite a reversal on the daily price chart, the index ended below it...
Suncor Energy (TSX:SU) and Enbridge (TSX:ENB): 2 Trending Energy Stocks
September 23, 2020 10:59 AM AEST| By Team Kalkine MediaSummary The global oil and gas industry took a big hit due to the commodity price crisis and pandemic crisis this year. Stocks of energy companies such as Suncor Energy (TSX: SU) and Enbridge (TSX: ENB) remain popular among investors. Suncor s.....
Stock Market Crash 2.0: Where to Safely Park Your Investments?
September 23, 2020 10:50 AM AEST| By Team Kalkine MediaSummary Canada’s economic recession along with recent uncertainty in global equity markets has created fears of another stock market crash. Most industries suffered in the COVID-led March market crash, but tech and gold stocks escaped uns.....
One in four clients of top credit card firms defaulted on monthly payments this spring
September 23, 2020 08:25 AM AEST| By Team Kalkine MediaOver 6700 credit cardholders, whose income was affected by the pandemic, were unsatisfied with their companies. The survey was conducted in May-June. Customers reportedly unhappy with online help and call centre service, with wait times h...
Pot firm Lift & Co. files for bankruptcy
September 23, 2020 08:24 AM AEST| By Team Kalkine MediaThe Cannabis tech and expo events firm (TSX-V: LIFT) has failed to offload its assets. The Toronto-based company is the brain behind the ‘Canadian Cannabis Awards’. All of directors and officers have resigned. No details have...
Investment in building construction up 1.8% to $15.1 billion in July
September 23, 2020 08:23 AM AEST| By Team Kalkine MediaIn residential sector, investments increased 4.9% to $9.9 billion, which includes both single-unit and multi-unit properties. Non-residential construction investment down 3.7% to $5.3 billion. Ontario and Quebec topped investments in resi...
Russ Girling, CEO of TC Energy, set to retire in 2020
September 23, 2020 08:23 AM AEST| By Team Kalkine MediaMr Girling spent 10 years as president and CEO of the Calgary-based energy company (TSX: TRP). He will retire and give up his seat on the board of directors before the completion of the controversial Keystone XL pipeline project. Current...
PM Trudeau to unveil 3-pronged economic recovery plan for Canada
September 23, 2020 08:23 AM AEST| By Team Kalkine MediaThe three pillars of the new plan are expected to be: health care, financial support for Canadians, and economic revival. New budget targets will be established by Finance Minister Chrystia Freeland, said media reports. Canada is staring...
How are AUD and Yuan Faring Against the Greenback?
September 22, 2020 03:03 PM AEST| By Team Kalkine MediaWhile the COVID-19 pandemic initially spurred a rally in the US dollar amidst heightening worries over the virus crisis, the greenback seems to be on the brink of ending its long-run bull cycle. The US Dollar index (DXY), which traces the America.....
What are the biggest trends in digital marketing and e-commerce?
September 22, 2020 02:41 PM AEST| By Edita IvancevicIn an era where technology has surrounded us in all places, competition is on the constant rise. It is not easy to maintain a digital business if certain trends are not being followed, especially if digital experts are not aiming for the developmen.....
The TikTok saga finally comes to an end, all that you need to know
September 22, 2020 02:13 PM AEST| By Team Kalkine MediaFor the past few months, TikTok has been in the news for facing a ban from the United States over national security concerns. Now that the TikTok saga is finally coming to an end, ByteDance, the company who owns TikTok said that they would not tran.....
Newmont Sells 11 Royalty Portfolio to Maverix for $90 Million
September 22, 2020 01:09 PM AEST| By Team Kalkine MediaThe leading gold company (TSX: NGT) has entered an agreement with Maverix Metals Inc. (TSX: MMX) to sell a portfolio of eleven royalties. Newmont will get $90 million from Maverix, including $15 million in cash, 12 million Maverix common s...
Scotiabank Introduces Advice+ Financial Plan Service
September 22, 2020 01:09 PM AEST| By Team Kalkine MediaThe lender (TSX: BNS) aims to help Canadians navigate their financial plans during Covid-19 with Advice+. The service offers self-serve ScotiaAdvice Centre online and personalized Advice+ financial plan. Over 51 per cent Canadians have sh...
Chorus Aviation Delivers Airbus Aircraft to Latvia’s airBaltic
September 22, 2020 01:08 PM AEST| By Team Kalkine MediaThe integrated regional aviation solutions provider, Chorus Aviation Inc (TSX: CHR), announced the delivery aircraft MSN-55086 to airBaltic on Monday. This is the third aircraft to be placed on long-term lease with airBaltic. Two more airc...
CI Financial Set to Buy Cincinnati’s Bowling Portfolio Management
September 22, 2020 01:08 PM AEST| By Team Kalkine MediaCI Financial Corp (TSX: CIX) will acquire woman-owned registered investment advisory firm Bowling Portfolio Management. After the deal is completed, CI will own combined assets of approximately US$ 11.5 billion. CI plans to introduce CI...
Former Canadian PM John Turner dies at 91
September 22, 2020 01:07 PM AEST| By Team Kalkine MediaTurner, the 17th Prime Minister of Canada, held the post from June 30 to September 17, 1984. He had famously opposed the free-trade agreement with the US. Turner held several portfolios including Minister of Justice from 1968 to 1972, and...
TSX Falls for Fourth Consecutive Day, Down 1.34%
September 22, 2020 01:00 PM AEST| By Team Kalkine MediaThe looming fear of second wave of coronavirus cases led to massive sell offs in Canadian equity markets on Monday. Extending losses for the fourth consecutive day, the S&P/TSX Composite Index settled ~217.20 points or 1.30% lower to 15,981. Ener...
Air Canada (TSX:AC) And WestJet: 2 Airline Stocks To Keep An Eye On
September 22, 2020 11:36 AM AEST| By Team Kalkine MediaCommercial airline companies around the world suffered a major setback in the wake of the COVID-19 outbreak after governments implemented strict measures to contain the spread of the virus. Even as limited flying was eventually allowed to res...
3 RoE leaders on TSXV: GreenPower Motor, Olivut Resources & Decklar Resources Stocks
September 22, 2020 11:03 AM AEST| By Team Kalkine MediaThe coronavirus pandemic has upended the equity markets, forcing top stocks to take a backseat and thrusting forward a new crop of performers. In the hullabaloo that followed the March pandemic-led market crash, precious metals (gold) and technolog.....
Canadian AI All-Stars: Unveiling the Top Stocks for 2025