Tag: business news stocks

Business News

The Family Business Succession Puzzle

Two weeks ago today we bade farewell to everyone’s favorite oedipal billionaires as the final episode of “Succession” wrapped up. The show’s immense cultural impact is due to many factors: top-class writing, heart-rending performances, and the sheer power Brian Cox could load into the letter ‘F’ all they played their part. At its heart, the series highlights the often messy interlacing of family dynamics and 21st-century capitalism — and while we believe few viewers could truly relate to the Roys, that dynamic is deeply entrenched in real-world economics. Around 60% of the US workforce is employed by family-run businesses, and…
Business News

Interest-rate hike could push real estate sales: mortgage broker

With the latest hike bringing Canada’s key interest rates to levels not seen since 2001, one mortgage broker is warning that it may be “the last straw” for some homeowners with variable mortgages. “We started to hear from people in the last three weeks that they are actively considering selling their homes,” Ron Butler, a mortgage broker in Ontario told CTV News Channel on Wednesday. “They can’t handle the increase.” The Bank of Canada raised its overnight rate by 25 basis points to 4.75 per cent, the first increase since stopping hikes in January. Butler says homeowners with variable rate…
Business News

Saskatchewan among the world’s top 3 regions for mining investment

Breadcrumb Trail Links News Executive Summary Executives Three provinces make the top 10, according to Fraser Institute Published May 05, 2023 • Last updated 20 hours ago • 4 minute read An employee of Sayona Quebec in front of a lithium deposit at the company’s North American Lithium Complex in La Corne, central Quebec. Photo by MATHIEU DUPUIS/SAYONA/AFP via Getty Images files Article content Saskatchewan is the world’s third-most attractive region for mining investment, topped only by Nevada and Western Australia, according to the Fraser Institute’s latest Annual Survey of Mining Companies. Advertisements 2 This advertisement has not been loaded…
Business News

WestJet pilots to launch strike authorization vote as negotiations fizzle – Business News

Pilots to launch strike vote The Canadian Press – March 31, 2023 / 10:56 am | Stories: 418925 Photo: The Canadian Press A passenger walks past WestJet and Air Canada planes at Calgary International Airport in Calgary, Alta., Wednesday, Aug. 31, 2022. The union representing WestJet pilots says it will launch a strike authorization vote Monday as contract talks with management drag on. THE CANADIAN PRESS/Jeff McIntosh The union representing WestJet pilots says it will launch a strike authorization vote Monday as contract talks with management drag on. Bernard Lewall, who heads the Air Line Pilots Association’s WestJet contingent, says…
Business News

Twitter pulls check mark from main New York Times account – Business News

Photo: The Canadian Press FILE – The Twitter application is seen on a digital device, April 25, 2022, in San Diego. Twitter has removed the verification check mark on the main account of The New York Times, one of CEO Elon Musk’s most despised news organizations. The removal comes as many of Twitter’s high-profile users are bracing for the loss of the blue check marks that help verify their identity and distinguish them from imposters on the social media platform. (AP Photo/Gregory Bull, Files) Twitter has removed the verification check mark on the main account of The New York Times,…