Industry News

Canadian manufacturing remains stable

Canada’s manufacturing sector grew slightly in August, although at its weakest pace in five months, finds RBC Canadian Manufacturing Purchasing Managers’ Index (RBC PMI). Read: M&A will boost manufacturer sentiment There were increases in both output and new orders last month. However, the rate of output growth was unchanged from July’s four-month low, while the […]

By Staff |September 4, 2012

1 min read

Scotiabank teams up with Indian bank

Scotiabank has teamed up with India's Kotak Mahindra Bank to provide financial services to new Canadian immigrants, as well as to Indo-Canadians seeking help in India.

By Staff |September 4, 2012

1 min read

Back to school financial tips for students

Students are set to head off to college and university with many valuables, but are they prepared for the financial risks? Read: Teens need money smarts Breaking and entering, as well as theft of valuables up to $5,000, accounted for 60% of police-reported property crime in 2011, finds Statistics Canada. The most common stolen items […]

By Suzanne Sharma |September 4, 2012

2 min read

Investors bet against RIM

RIM’s short interest has hit a record high, increasing to 4.2% of shares outstanding on August 24, finds research firm Markit. This is a sign investors are anticipating disappointing earnings as they continue to wait for a new lineup of BlackBerry smartphones, says Hugo Miller of Bloomberg Businessweek. Read: RIM chair defends leadership Investors taking […]

By Staff |September 4, 2012

1 min read