Institutional Investor (October 26)
“Since the inception of Institutional Investor’s Canada Research Team, RBC has captured the No. 1 spot in the ranking of the country’s providers of equity research. Amid a challenging year in the Canadian stock markets, the firm earned 16 total first team positions, while runner-up BMO Capital Markets clocked in with 14. Looking further down the leaderboard, some of the inroads made by bulge-bracket firms in 2021 and 2022 reversed.
Tags: BMO Capital Markets, Bulge-bracket firms, Canada, Challenging, Equity research, Inception, Institutional Investor, No. 1, RBC, Research, Runner-up, Stock markets
South China Morning Post (September 26)
“Foreign investors are returning to Japan’s property market in their droves, attracted by the weak yen and an economic recovery fuelled by the buoyant logistics and hospitality sectors, according to a new report.” Singapore investors are leading the charge with property investments totaling “nearly US$3 billion spent from January to September, eclipsing the around US$2.5 billion from the US, and some US$1 billion from Canada.” Japan’s “mild inflation and favourable financing costs” are also adding to the attraction.
Tags: $3 billion, Canada, Economic recovery, Financing, Foreign investors, Hospitality, Inflation, Japan, Logistics, Property market, Singapore, U.S., Weak yen
Chicago Tribune (June 29)
“As Canadian wildfire smoke blanketed Chicago on Tuesday and Wednesday, the Windy City earned the unwelcome distinction of having the ‘worst air quality of any major city in the world.’” North American wildfires are proliferating and “today consume twice as much land… than they did in the 1990s.” This is clearly “a climate issue. But if we fail to take action on forest management, the impacts of climate change—drier, hotter, longer fire seasons—will only further contribute to the flammability of our overly dense forests.”
Tags: Air quality, Canada, Chicago, Climate change, Drier, Fire seasons, Flammability, Forest management, Hotter, Impacts, Smoke, Wildfires
The Economist (October 22)
“House prices are now falling in nine rich economies…. In condo-crazed Canada homes cost 9% less than they did in February. As inflation and recession stalk the world a deepening correction is likely.” Falling home prices are unlikely to lead to a global banking crisis, but “it will intensify the downturn, leave a cohort of people with wrecked finances and start a political storm.”
Tags: Banking, Canada, Condo, Correction, Crisis, Deepening, Downturn, Falling, Finances, House prices, Inflation, Intensify, Political storm, Recession, Rich economies, Wrecked
Reuters (August 10)
“What a difference a year makes: Consumers have gotten off the couch…. There is evidence that the streaming market has hit a saturation point. Netflix lost 1.3 million American and Canadian customers in the second quarter, where it enjoys the highest average revenue per user.”
Tags: ARPU, Canada, Consumers, Couch, Customers, Difference, Netflix, Q2, Saturation, Streaming market, U.S.
FreightWaves (February 14)
“The busiest commercial crossing between the U.S. and Canada, the Ambassador Bridge, reopened late Sunday after police in Windsor, Ontario, cleared out a protest over COVID-19 restrictions that squeezed the cross-border supply chain for a week.” Some other border crossings still remain closed by protests, which have “disrupted millions of dollars of trade and led multiple auto plants to slow production because of delays in receiving parts.”
Tags: Ambassador Bridge, Auto plants, Busiest, Canada, Commercial crossing, COVID-19, Delays, Disrupted, Ontario, Police, Production, Protest, Reopened, Restrictions, Supply chain, Trade, U.S., Windsor
Globe and Mail (October 6)
In Canada, air and rail passengers will soon need to be vaccinated, as will workers at the nation’s largest employer, the federal Government. “Vaccinations will also be required for the hundreds of thousands of people who work in Canada’s public service, as well as those who work in federally regulated industries, such as banking.” The rules come into effect in October.
Tags: Air, Banking, Canada, Employer, Government, Passengers, Public service, Rail, Regulated industries, Vaccinations, Workers
The Guardian (June 30)
“Canada is a warning: more and more of the world will soon be too hot for humans…. Without an immediate global effort to combat the climate emergency, the Earth’s uninhabitable areas will keep growing.”
Tags: Canada, Climate emergency, Combat, Earth, Global effort, Humans, Immediate, Too hot, Uninhabitable, Warning, World
CBC News (June 29)
“Lytton, B.C., has broken the record for the hottest temperature ever recorded in Canada for a third straight day, hitting a scorching 49.6 C on Tuesday. The latest record was broken as a historic heat wave continues to scorch Western Canada, leading to a spike in sudden deaths in B.C. and dangerous wildfire conditions.”
Tags: 49.6 C, B.C., Canada, Dangerous, Heat wave, Historic, Hottest, Lytton, Record, Scorching, Spike, Sudden deaths, Temperature
CBC News (June 27)
A heat wave in British Columbia “is shattering temperature records and meteorologists expect the weather to get even hotter over the next couple of days. Lytton, B.C., broke the record Sunday afternoon for the hottest temperature ever recorded in Canada with a measurement of 46.6 C, according to Environment Canada.”
Tags: British Columbia, Canada, Heat wave, Hotter, Lytton, Meteorologists, Shattering, Temperature records, Weather
