•   
  •   
  •   

News: Money

Adviser says U.S. close to Mexico-only NAFTA deal, Canada unmoved

Friday  22:25,   21 september 2018
reuters

Adviser says U.S. close to Mexico-only NAFTA deal, Canada unmovedThe United States is getting "very, very close" to having to move forward on its trade deal with Mexico without Canada, White House economic adviser Kevin Hassett said on...[...]

Ignore the headlines: What the loonie is saying about NAFTA talks and what it means for your investments

Friday  22:25,   21 september 2018
fool

Without a deal formally in place, find out what the loonie is revealing about ongoing NAFTA negotiations and what it could mean for companies like AutoCanada Inc (TSX:ACQ).Some are speculating that a deal could take place as soon as this weekend;...[...]

Under Armour restructuring costs rise as it trims workforce

Friday  20:51,   21 september 2018
thestar

Under Armour restructuring costs rise as it trims workforceThe sportswear company said Thursday that it was reducing its workforce by about 3%, which a company spokeswoman said comes out to about 400 employees. Under Armour expects the workforce...[...]

Canadian dollar holds near three-month high as inflation data boosts rate-hike bets

Friday  17:52,   21 september 2018
reuters

Canadian dollar holds near three-month high as inflation data boosts rate-hike betsCanada's annual inflation rate dipped to 2.8 percent in August from 3.0 percent in July, the seventh consecutive month it has exceeded the Bank of Canada's 2.0...[...]

Wireless debit machines stolen from Toronto restaurants used in fraud scheme

Friday  14:06,   21 september 2018
cbc.ca

Police warned downtown businesses Thursday about a spate of thefts of wireless payment machines that are in turn used to commit fraud, but investigators are keeping tight-lipped about the details of the racket. "We don't want to say too much because [...]

FanDuel to pay out disputed C$105K football bet

Friday  12:50,   21 september 2018
msn

FanDuel to pay out disputed C$105K football betFanDuel will also pay several other customers who got erroneously inflated odds during an 18-second stretch in which the company's computers malfunctioned. It could immediately say how much the total...[...]

Global economic growth ‘may have now peaked,’ OECD says — for Canada, too

Friday  12:25,   21 september 2018
globalnews.ca

The economic outlook from the Organisation for Economic Cooperation and Development placed much of the blame on trade fears.A prominent think-tank says overall economic growth is set to slow down — and that includes...[...]

NAFTA Deal Not Yet In Sight, Canada Stands Firm On Auto Tariffs

Friday  10:50,   21 september 2018
ibtimes

The administration of President Donald Trump wants to be able to agree a text of the three-nation North American Free Trade Agreement by the end of September, but major differences remain. "We discussed some tough issues today," Canadian Foreign...[...]

Canada seeks tariff protections, assurances from U.S. in NAFTA talks

Friday  10:50,   21 september 2018
cbc.ca

The window for Canada and the U.S. to land a NAFTA breakthrough this week is getting smaller, as officials sit down in Washington, D.C., today for what are expected to be the final high-level meetings this week.Foreign Affairs Minister Chrystia...[...]

232 tariff threat torments NAFTA negotiations

Friday  01:50,   21 september 2018
msn

232 tariff threat torments NAFTA negotiationsThat's the section of U.S. trade law that lets President Donald Trump use national security as justification to impose crippling tariffs on foreign imports, a sword of Damocles the federal Liberal...[...]

Toronto company offers cash to 'cannabis connoisseurs' to smoke

Thursday  22:26,   20 september 2018
cbc.ca

A cannabis firm is looking to hire five pot aficionados from across the country to sample the company's wares and get paid to do it. The bud brain trust will form the company's "cannabis curation committee."A cannabis firm is looking to hire [...]

This insane figure from Aphria supports Tilray’s valuation but threatens the entire cannabis industry

Thursday  22:26,   20 september 2018
fool

Aphria Inc.’s (TSX:APH) productive capacity expansion costs are unbelievably low.Load...[...]

BMO boss confident on NAFTA resolution

Thursday  19:06,   20 september 2018
msn

TORONTO - The chief executive of the Bank of Montreal says that while the Canadian economy is showing positive growth in almost every province, one economic headwind worries him the most: trade. But as Canada's negotiating team in Washington...[...]

Tax benefits help offset cost of moving

Thursday  18:51,   20 september 2018
msn

Tax benefits help offset cost of movingHowever, the Canada Revenue Agency offers a long list of eligible tax deductions related to moving to help offset the...[...]

How the Canadian cannabis company Tilray became worth more than American Airlines

Thursday  10:25,   20 september 2018
vox

The pot company’s stock has only been public since July. And it’s making many people — including Peter Thiel — very rich. The Canadian cannabis producer Tilray became the first marijuana company to go public on the Nasdaq in July. Its initial share...[...]