Its profit during the quarter amounted to zero cents USD per share, compared with a loss of seven cents US per share during the same period last year. The Waterloo, Ont.-based tech company, which keeps its books in U.S. dollars, saw its adjusted net income come...
Imagine paying for your Walmart merchandise through a crypto wallet that holds money in the form of a Walmart-issued stablecoin—let’s call it WUSD. Say you make a purchase of $100. If you pay with your credit card, Walmart would lose about $2.50 to Visa or...
The move suggests the competitive pressure for low- and no-fee trading continues at all points along the digital brokerage spectrum. In February, Questrade adopted zero commissions on all stocks and ETFs, joining Wealthsimple Trade, National Bank Direct Brokerage, and Desjardins Online Brokerage in the commission-free...
While the situation presents a challenge to sellers, it’s an opportunity for those looking to buy their first vacation home. Cottage inventory is high, prices are dropping and mortgage rates have slowly but steadily come back down. We spoke to realtors Megan McLeod and Rebecca...
New routes and destinations—but does that equal profit? Air Transat will extend routes to the port cities of Bordeaux, France, and Valencia, Spain, into the winter, the CEO said, while steering clear of the U.S. except for a handful of routes. The number of Air Transat flights...
To help parents make ends meet, the federal government offers the Canada Child Benefit (CCB). If you have children under 18 and file a tax return, you are automatically enrolled. Tax-free monthly payments are administered by the Canada Revenue Agency (CRA). Provincial governments provide additional financial...
“The easiest thing to do would be: ‘I need additional compensation outside of the benefit package to buy my own private health care,’” he said. “So maybe, you negotiate and say, ‘My expenses are too high, my dental expenses are really high. This plan isn’t...
The central bank opted to keep its overnight lending rate—which is used by lenders to set their prime rate and, by extension, variable mortgage rates—at 2.75%. This is the BoC’s second consecutive rate hold, following a rate pause on Apr. 16. Prior to that, the BoC...
We arrived in Canada with optimism, and we thought we were prepared: we had savings, work experience and a support system. But one visit to a car dealership during our first week in the country showed us how little we really knew. In just a...
José Boisjoli’s CV at BRP Under Boisjoli’s tenure, the stand-alone organization, which has known no other CEO, tripled its revenue and market share so that one in every three powersports products sold across the globe bears the BRP logo, according to the Valcourt, Que.-based company. Boisjoli—an engineer...
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