DirectoryBusinessBlog Details for "Canadian Business"

Canadian Business


Canadian Business
Canadian Business is a blog containing analysis on daily Canadian and international business news, markets and economy. Our posts provide information, opinons, forecasts, and more.
Articles: 1, 2, 3, 4

Articles

Home Business Boom In Canada
2008-03-09 17:29:00
For the past several years Canadians have been flocking to the home business industry. With the growth of the Internet and the natural relationship between Canada and the U.S., Canadians have been able to tap into the U.S. consumer base. In years gone by most home businesses relied on physically meeting potential customers and required literally ...
More About: Business , Home Business , Home , Boom
iphone apps possible with the 1.1.3 release
2008-02-03 22:46:00
The iPhone community is at it again! With the release of 1.1.3 firmware at MacWorld, the safest way to update to 1.1.3 firmware is bypassing iTunes (DO NOT update via iTunes) and going through Installer. For those people using iPhones that originally had firmware versions 1.0.2 and 1.1.1, your bootloader version is 3.9, whereas new ...
More About: Technology , Iphone , Release
Canada US Border
2007-12-17 19:00:00
The Canada US border seems to be growing more and more “thick” - causing disruptions in our free trade. Canada’s International Trade Minister David Emerson blames United States’ protectionism and aggressive security bureaucracy for the erection of new obstacles to our cross-border commerce. Emerson said he is hearing more and more “horror stories” of companies forced ...
iphone v1.1.3 windows release
2007-12-04 08:39:00
Less then 24 hours ago, iphone has been jail broken one more time, with little help from Natetrue and company. Now a few of the cool features of this release is that you can do what is called pagination . However, this release came after much deliberation , the hacking community wanted to release the version 1.1.3 after the SDK (software development kit) that Apple is due to introduce in middle of Feb ‘08. The reason being that Apple might cook a patch to block the hack, but for some reason, I believe impatience got the better of the hackers community, the Windows version was released this morning. This however works with iBrickr needs to be downloaded , which will guide you through an easy installation process. New Features: Language Compatibility: Iphone has gone multi-lingual on this version. Voice Dialing: The much awaited Voice dialing is now available, also if you want an icon for Speed dial, its available also, without having to jailbreak. You can sing along now, ...
More About: Release
Global currency imbalances
2007-11-18 22:20:00
The Bank of Canada is expected to adjust its current monetary policy “to reflect the growing risk of a global economic slowdown” (Governor, David Dodge). Looks like we might not see an interest rate cut after all. ?It’s quite clear that global financial turbulence that we were experiencing then is now going to be more ...
More About: Currency , Global
Canada?s trade surplus shrinks
2007-11-11 04:53:00
Canada ’s trade surplus shrinks”, “Bankruptcies increase as loonie gains”, and “Soaring loonie; plunging outlook”. It’s amazing how the headlines change in two days. And oh yeah, I almost forgot Friday’s report on “looming factory job losses”. The culprit? Of course… the rising Canadian dollar. Well, I’ll get to my opinion after I tell you the ...
More About: Trade , Surplus
Filesharing program Ares still tops for music downloads
2007-11-07 07:33:00
While we usually write about big business and the economy here, I want to diverge a bit and talk about a little different topic today - the booming growth of online music downloading. It is actually getting to be big business lately. The giants of online retailing like Amazon, Yahoo, Apple are already involved. ...
More About: Music , Technology , Downloads , Tops , Program
How to invest with the high CAD
2007-11-07 01:59:00
Is the high (and rising) Canadian dollar taking devaluing your U.S. stocks? Yes it is… So how do you invest with the high Canadian dollar? Well first - don’t yank all your investments back home. Your portfolio could use the bulk purchases of cheap American equities and greenbacks right now. Think about it - the Canadian ...
More About: Stocks , High , Invest
Loonie hits record
2007-11-02 22:52:00
For those of you non-Canadians who do not yet know what the “loonie” is… its the world’s best-performing major currency this year - the Canadian dollar. It rose as high as $1.0717 (U.S.) Friday from Thursday’s close of $1.0512. It settled Friday’s session at $1.0704, up 1.92 cents. The currency has soared 25-percent this year against ...
More About: Hits , Record , Cord
Toronto?s new taxes
2007-10-23 07:30:00
Toronto has recently passed two new controversial taxes in city hall - a tax on land transfers, and another one on vehicle registrations. It has been months since this long debated issue came arise. (Originally posted on July 18/07, here) Mayor Miller’s take: “it is a very difficult decision.” he said the vote poses a “fundamental ...
More About: Taxes , Toronto
Best Buy Canada
2007-10-22 00:44:00
Best Buy Canada … maybe not the “best buy” after all - well, at least not in Canada. I was looking for the “best buy” on certain electronics this weekend, and found some interesting information for all Canadian shoppers. Let’s take a look at my shopping list, and their prices: iPod Touch 16GB - $435.99 ; ($399.99 ...
Markets tumble before weekend
2007-10-20 02:22:00
Stock markets tumbled Friday as the latest batch of earnings reports and high oil prices raised concerns about U.S. economic growth, while the dollar surged to a fresh decades-old highs after data showed higher-than-expected core inflation in September. On top of that, in the back of investors? minds was the recollection that it was the 20th ...
More About: Markets , Weekend
Lululemon Athletica
2007-10-16 17:30:00
Looks like the Canadian athletic wear company Lululemon Athletic a Inc. (TSX:LLL) is living up to its positive expectations since the company’s initial public offering. Lululemon is hiking its third-quarter profit forecast after increasing its comparable-store sales outlook to about 35-percent. “Even though the increase in sales is expected to be partially offset by the currency impact ...
Canada set to outperform U.S. in 2008
2007-10-16 04:06:00
According to CIBC World Markets, the Canadian economy will “outperform” the United States economy in 2008 . Looks like the strong Canadian loonie (dollar) will set pressures on the country’s manufacturing sector, but will not hold the economy back at all. CIBC World Markets’ economic forecast indicated the loonie will hit $1.05 U.S.. This will be ...
More About: Economy , Canada , Perform
A ?penny-less? Canada
2007-10-11 10:46:00
How many pennies have you dropped… how many did you bother picking up? That’s why some are pushing for Canada to drop the penny from our money circulation. The Royal Canadian Mint, along with the Department of Finance recently conducted a study on this issue - 64-percent of us wouldn’t dig into the couch to ...
More About: Government , Penny
Canada is ?not for sale?: Industry Minister
2007-10-10 00:50:00
“Free markets do not mean a free pass. Canada is open for business, but it’s not for sale. And like other countries around the world, it’s important that we have safeguards in place to protect our interests.” –Jim Prentice, Industry Minister (Some strong words huh…) Canada’s industry minister, Jim Prentice, said the federal government will be looking ...
More About: For Sale , Sale
U.S. Consumer Debt on the rise
2007-10-07 22:46:00
Consumer debt is on the rise in the United States. Who would’ve guessed? I mean the credit crunch wasn’t that bad was it? Guess again… Yankee consumers have been borrowing at the fastest pace in three months, with increased usage of their credit cards. The U.S. Federal Reserve reported that consumer credit rose at an annual ...
More About: Consumer , Debt , Rise
rrroll up the RIM to win
2007-10-06 19:58:00
Waterloo, ON - based Research in Motion [RIM-T] beat all expectations on their second-quarter profits report. RIM stated earnings of $287.7-million U.S., or 50-cents a share, for the three months ended Sept. 1. That figure was up from a profit of $140.2-million, or 25 cents a share, in the same period - the previous year. RIM also ...
New BoC Governor
2007-10-05 04:30:00
The Bank of Canada’s new governor (from Feb. 1) was announced today, as former Golman Sachs investment banker Mark Carney. Carney, 42, will become the the youngest central bank governor among the G8 nations when he begins his term. Finance Minister Jim Flaherty trumped youth over experience when choosing Carney, currently the senior associate deputy ...
More About: Governor
This year in IPOs
2007-10-03 03:36:00
The worst year in a decade for IPO activity in Canada… That’s where “2007″ will be in the history books, unless we see a drastic change in the final three months remaining. 2001 had only 46 issues, but with a total value of $2.1-billion. The-year-to-date, 2007, had 63 IPOs with a combined value of only $1.2-billion. ...
More About: Year
BMO Funeral Services
2007-09-30 00:53:00
That’s right… You can now walk into your nearest Bank of Montreal branch and request help with bereavement services. If a client’s relative or loved one passes away, he/she can now let BMO Trust Company handle everything from planning the funeral, to asking Canada Post to redirect mail, and even to settling outstanding debts. The Bank ...
More About: Services , Funeral
Surplus further pushes Canadian dollar
2007-09-28 05:31:00
Canada has successfully lowered its debt, balanced its budget, kept its trade surplus up, kept interest rates up and looking to further raise them… Exactly what every other G-7 country has been unable to do. Meanwhile the Canadian economy is stably strolling along, and the Canadian loonie has been very strong. The federal government today announced ...
More About: Dollar , Doll , Canadian Dollar , Surplus
Vonage lawsuits
2007-09-27 03:32:00
Vonage’s share dipped to 93-cents, its lowest value since the company went public in May 2006. Vonage has been charged with the violations of three Verizon Communications Corp. patents in building its Internet phone system. The lawsuit awarded Verizon with $58-million (U.S.) in damages, plus 5.5-percent royalties on future Vonage revenues. Reminder this was just two ...
More About: Lawsuits , Vonage , Suit
Canadians lose purchasing power
2007-09-25 01:23:00
Prices are sticky downwards - we all know it. Now Canada can witness it at its finest. Sure the Canadian and American dollars are near parity on the markets, but not at the retail cash registers. You will still find your self paying less for the same product in the United States or elsewhere. Canadians ...
More About: Power , Adia
Even a clock that does not work is right twice a day
2007-09-21 23:13:00
By Robin Trehan, B.A, MIB, MBA electronic business Even a clock that does not work is right twice a day is a good statement and it is true that we do sometimes stumble on precious stone but the probability of it?s happening in business world is pretty dim. In this process business clock ...
More About: Clock , Work
Hilton Hotels takeover
2007-09-19 02:56:00
Hilton Hotels Corp. [HLT-N] today reported that shareholders approved the company’s $20.1-billion (USD) sale to The Blackstone Group LP [BX-N]. Under the terms of the Hilton Hotels takeover/buyout, Blackstone will pay Hilton shareholders $47.50 per share in cash. Including assumed debt, the total deal is valued at $26-billion. Shares of Hilton Hotels rose 14 cents to ...
More About: Takeover , Hilton
Highest Canadian Dollar since 1977
2007-09-16 18:28:00
Canadian-American dollar parity - more closer than we think? Well, the gap certainly seems to get smaller and smaller. Last week the Canadian dollar traded in Toronto at a new 30-year-high, at 97.04 cents USD. The last time the Canadian dollar traded so high against the US Doll ar was mid-February 1977 - more than 30 ...
More About: Canadian , Since , Canadian Dollar
Bad Credit Home Mortgage Refinance
2007-09-15 10:18:00
Bad credit? Let’s face it… probably not the best time to refinance your home mortgage. Why? Probably because everybody’s labeling you a “risk”. Bad credit doesn’t necessarily need to stop you from refinancing your mortgage. There are still quite a few lenders out there who are more than willing to work with you to get ...
More About: Credit , Home , Mortgage , Refinance , Fina
China ?out-exports? Canada to U.S.
2007-09-15 00:18:00
Canada has historically always been the number-1 seller of goods to the United States. China has now firmly eclipsed Canada for that position. This remarkable shift in trade reflects the Asian consumer goods juggernaut’s deeper penetration of the U.S. market. This also signals Canada’s special trading relationship with Washington is becoming… less “special”. China sold $312.2-billion ...
More About: Canada , Exports , Ports
Life Insurance types
2007-09-13 22:01:00
A short overview of different types of life insurance: Although life insurance is purchased for yourself, your dependents are the ones who typically benefit from it. Life insurance provides your dependents with the security to protect the family home, should you die. The proceeds of a life insurance policy, known as the death benefit, provides the ...
More About: Insurance , Life Insurance , Types
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