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News
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.....
What advice to follow before purchasing bitcoin and other cryptocurrencies?
September 21, 2020 08:25 PM AEST| By Edita IvancevicIf you have been thinking about purchasing bitcoin, or other cryptocurrencies, since the pandemic started, you are not the only one that who given some thought to the idea. Crypto sales have been rising since the economies around the world started.....
DeFi Led Sentiments Keep Bitcoin Afloat
September 21, 2020 07:05 PM AEST| By Team Kalkine MediaBitcoin prices are finally rebounding after meeting the head and shoulder pattern’s price target. The currency has recovered from USD 9,964.10 (intraday low on 7 September 2020) to the present high of USD 11,127.00 (intraday high on 19 Septem.....
Bitcoin vs Gold: Can the cryptocurrency replace the oldest safe haven?
September 21, 2020 05:37 PM AEST| By Edita IvancevicIn the past few years, bitcoin has often been referred to as “the new gold”, because its value changes more like that of commodities than fiat currencies. This is also why more shareholders have taken an interest in cryptocurrency, as t.....
Spotify’s Internal Struggle Heats Up Over Hosting of Joe Rogan’s Podcast
September 21, 2020 03:56 PM AEST| By Team Kalkine MediaThe signing of a podcaster, Joe Rogan, to a multi-year exclusive licensing deal in May 2020 certainly gave a boost to Spotify Technology S.A. (NYSE:SPOT) share price, but then it also heated up an internal struggle in the Company. ‘The Joe R.....
Is the BNPL market heading towards PayPal dominance?
September 20, 2020 01:07 AM AEST| By Kunal SawhneyThe pandemic has taken a toll on the world economy with GDP growth declining in various countries. Earnings across various industries such as travel, hospitality, and financial sector took a hit. Ironically, the retail industry, especially online s.....
Crude oil recovering steadily, Tailwinds to drive the pace over 2020
September 20, 2020 12:59 AM AEST| By Team Kalkine MediaCrude oil prices slumped after 3 days of consecutive gains following the resumption of crude oil facilities in the Gulf of Mexico. Hurricane Sally finally diminished after disrupting oil operations for 5 days. The OPEC+ group had been maintaining d.....
Canadian AI All-Stars: Unveiling the Top Stocks for 2024