Postpone raising interest rates, advises Bank of England’s Chief Economist
The Bank of England’s Chief Economist, Andrew Haldane, who in June had said interest rates should be raised sooner-than-later, now says he favors raising...
Toronto based Inovalis acquires office buildings in France for CDN$61 million
Toronto based, Inovalis Real Estate Investment Trust (TSX:INO.UN), is buying two office properties located in the Greater Paris Region (Paris and Saint Ouen) for...
Virgin Money postpones flotation citing volatile market conditions
Virgin Money, which had planned a stock market flotation in October, on Friday announced that the official listing on the London Stock Exchange which...
Canadian inflation hits bank’s target of 2.0% in September
The Canadian annual inflation rate rose 2.0% in the 12 months to September, after rising by 2.1% in August.
The report, published by Statistics Canada,...
Ontario electricity prices will increase in November
People in Ontario can expect to pay more for electricity this winter. The Ontario Energy Board announced that new electricity prices will be introduced...
More Canadians will be shopping online this holiday season
Consumers across Canada are shopping online at a much higher rate this year and as the holiday season approaches more people will be going...
European September new car sales figures cheer investors
European new passenger car sales increased by 6.4% in September, bringing some good news to the region at last. The Belgian-based European Automobile Manufacturers...
Clean energy better than Site C dam in B.C., says study
Smaller clean-energy plants make more economic sense than the proposed Site C dam for British Columbia, says a new independent study commissioned by the...
Ontario is set to begin its audit on credit unions and caisses populaires
Ontario will be reviewing the Credit Unions and Caisses Populaires Act, 1994, in an effort to help boost the Ontario economy as well as...
HBO to offer standalone online streaming service in 2015
HBO announced that it is to offer an online-only streaming video service in 2015, competing head-on with Netflix. Richard Plepler, HBO’s chairman and CEO,...