Royal Bank’s pain is TD’s gain.
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Category Archives: Canada
Canadians collecting employment insurance hits all-time low
The number of Canadians collecting employment insurance benefits has hit an all-time low. The total number of EI recipients plunged 18.1 per cent year-over-year to 453,060 in April, a level not seen since Statistics Canada began gathering data in 1997.
Read more: https://bit.ly/2Ic2aGK
Odds of a July rate hike are dropping — and the Canadian dollar is taking the hit
Short-end traders are piling into wagers the Bank of Canada will turn dovish as erupting trade tensions shake market confidence in the outlook for future interest-rate increases.
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Better prices, new pipelines expected to drive higher Canadian crude output
The Canadian Energy Research Institute says a pipeline capacity gap that is impeding the movement of Western Canada’s crude to market will close by 2021 and there will be surplus capacity from about 2022 until 2030.
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Neighbourhood data identifies perfect properties
The Canadian Real Estate Association (CREA) has entered into a partnership with Local Logic that will provide property-specific, neighbourhood information for REALTOR.ca, Canada’s largest real estate website.
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Home sales reach seven-year low across country
May was tough for the resale housing market across the country.
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Crude oil to Canadian refineries down 8%
Canadian refineries received eight million cubic metres of crude oil in March, down eight per cent from the same month a year earlier, says Statistics Canada.
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CLEARING THE AIR
Canadian Landlords Struggle to Fill Anchor Vacancies: Study
The importance of a mall anchor has always been a key factor in a shopping centre’s success and with the demise in Canada of retailers such as Sears and Target the reality for landlords is they have to be creative in filling the void created by the departure of some anchor tenants.
Read more: https://bit.ly/2LVCiS3
World Cup 2026 Is Awarded to United States, Canada and Mexico
MOSCOW — A combined bid from the United States, Mexico and Canada won the hosting rights for soccer’s 2026 World Cup on Wednesday, bringing the tournament to North America for the first time since the 1994 event on a pledge of record crowds, record revenues and, perhaps crucially, a record $11 billion in profits for FIFA, world soccer’s governing body.
Read more: https://nyti.ms/2LJXl9U