Financial and investment news from Canada. published by BuildingWealth.ca http://www.thecanadareport.com en-us Wed, 9 Apr 2008 08:20:10 -0500 Wed, 9 Apr 2008 08:20:10 -0500 manual Unlike the situation in the U.S., retail sales in Canada rose 1.5% in January. From The Globe and Mail. http://www.reportonbusiness.com/servlet/story/RTGAM.20080325.wretailsales0325/BNStory/robNews/home Wed, 9 Apr 2008 08:20:10 -0500 There may be more troubles lurking in the U.S. financial system but the big Canadian banks appear to be in sound condition. From Financial Post. http://www.financialpost.com/trading_desk/financials/story.html?id=391367 Wed, 9 Apr 2008 08:20:10 -0500 Bondholders win right to appeal verdict. From Financial Post. http://www.financialpost.com/story.html?id=384374 Wed, 9 Apr 2008 08:20:10 -0500 High fertilizer prices push 2,6% increase. From Canwest News Services. http://www.financialpost.com/story.html?id=386571 Wed, 9 Apr 2008 08:20:10 -0500 Court ruling against bondholders removes a major obstacle but the deal is not a sure thing yet. From The Globe and Mail. http://www.reportonbusiness.com/servlet/story/RTGAM.20080307.wbce0703/BNStory/robNews/home Wed, 9 Apr 2008 08:20:10 -0500 Oil sands pioneer agrees to tear up old royalty contract but will retain competitive edge over conventional producers. From The Globe and Mail. http://www.theglobeandmail.com/servlet/story/RTGAM.20080129.wroyalties30/BNStory/energy/home Wed, 9 Apr 2008 08:20:10 -0500 Oil sands pioneer agrees to tear up old royalty contract but will retain competitive edge over conventional producers. From The Globe and Mail. http://www.theglobeandmail.com/servlet/story/RTGAM.20080129.wroyalties30/BNStory/energy/home Wed, 30 Jan 2008 13:20:10 -0500 Both CN and CP post big earnings, express optimism for 2008. From The Globe and Mail. http://www.reportonbusiness.com/servlet/story/RTGAM.20080129.wcpr30/BNStory/robNews/home Wed, 30 Jan 2008 13:20:10 -0500 It could be there in 12-18 months says an influential Canadian economist. From Financial Post Trading Desk http://network.nationalpost.com/np/blogs/tradingdesk/archive/2008/01/29/national-bank-makes-massive-call-on-gold.aspx Wed, 30 Jan 2008 13:20:10 -0500 Up 73% from last year with more increases on the way. Shares of Potash Corp. soar. From The Globe and Mail. http://www.theglobeandmail.com/servlet/story/LAC.20080129.RPOTASH29//TPStory/Business Tue, 29 Jan 2008 23:20:10 -0500 Price up 12% this month. From Financial Post. http://www.financialpost.com/story.html?id=269950 Tue, 29 Jan 2008 23:20:10 -0500 Fourth-quarter profits come in at $2.21 per share, up 140% from previous year. From CBC News. http://www.cbc.ca/money/story/2008/01/29/cprearnings.html Tue, 29 Jan 2008 23:20:10 -0500 An in-depth study of how a sticky resource nobody wanted is now a $90 billion enterprise. From The Globe and Mail. http://www.theglobeandmail.com/servlet/story/RTGAM.20080125.woilsandsmain0126/BNStory/oilsands/ Mon, 28 Jan 2008 23:20:10 -0500 Despite implementing a big retroactive tax cut, Canada’s federal government was in the black by $6.7 billion after the first eight months of the fiscal year. From Canwest News Services. http://www.reportonbusiness.com/servlet/story/RTGAM.20080125.wstmain0126/BNStory/robColumnsBlogs/home Mon, 28 Jan 2008 23:20:10 -0500 Pipeline and energy company offers a port in the storm for nervous investors. From Financial Post Trading Desk. http://www.financialpost.com/story.html?id=263891 Mon, 28 Jan 2008 23:20:10 -0500 Statistics Canada says core rate in December was up only 1.5%. From globeandmail.com http://www.reportonbusiness.com/servlet/story/RTGAM.20080125.wcpi0125/BNStory/Business/home Sat, 26 Jan 2008 23:20:10 -0500 Scotiabank and Toronto-Dominion offer good value at current prices say money managers. From Financial Post. http://www.financialpost.com/story.html?id=261402 Sat, 26 Jan 2008 23:20:10 -0500 Pipeline and energy company offers a port in the storm for nervous investors. From Financial Post Trading Desk. http://network.nationalpost.com/np/blogs/tradingdesk/archive/2008/01/23/transcanada-good-bet-in-bad-times-canaccord-analyst.aspx Sat, 26 Jan 2008 23:20:10 -0500 Central bank says economic activity will pick up in second half to a 2.3% annualized growth rate. From The Globe and Mail. http://www.reportonbusiness.com/servlet/story/RTGAM.20080124.wboc0124/BNStory/robNews/home Thu, 24 Jan 2008 11:19:48 -0500 Fourth-quarter earnings more than double as fiscal year profit tops $1 billion. From The Canadian Press on globeandmail.com http://www.theglobeandmail.com/servlet/story/RTGAM.20080124.wpotash0124/BNStory/energy/home Thu, 24 Jan 2008 11:19:48 -0500 Finance Minister Jim Flaherty sounds upbeat note in Dubai speech. From Canwest News Service. http://www.canada.com/montrealgazette/news/business/story.html?id=48c0c044-d9c4-4f69-a92e-f8461b456d08 Thu, 24 Jan 2008 11:19:48 -0500 Increase of 10% announced after company posts profit of $2.16 billion and expresses optimism about 2008 prospects. From The Globe and Mail. http://www.reportonbusiness.com/servlet/story/RTGAM.20080122.wrcn0122/BNStory/robNews/home Wed, 23 Jan 2008 11:19:48 -0500 With $33 billion in new debt needed to close the deal, and battered Citigroup one of the key players, investors are increasingly betting against it ever happening. From Financial Post. http://www.financialpost.com/story.html?id=256957 Wed, 23 Jan 2008 11:19:49 -0500 That’s the opinion of an RBC Dominion Securities analyst who has a target of US$195 on the stock. From Financial Post Trading Desk. http://network.nationalpost.com/np/blogs/tradingdesk/archive/2008/01/22/higher-potash-price-should-benefit-potashcorp.aspx Wed, 23 Jan 2008 11:19:50 -0500 There was no hint of panic from the Bank of Canada today. By coincidence, this was the previously scheduled date for an interest rate announcement and as expected the cut was only a quarter point. The only surprise was that the loonie didn’t rally, given the 75 bp cut in the U.S. From globeandmail.com. http://www.theglobeandmail.com/servlet/story/RTGAM.20080122.wbocrates0122/BNStory/Front Tue, 22 Jan 2008 11:19:48 -0500 As world stock markets plunge, many investors are panic-selling. Bad move - most will likely regret it later! Here's a list of measures you should be taking now to protect yourself and some moves to avoid at all costs. By Gordon Pape on Buildingwealth.ca http://www.buildingwealth.ca/News/Featuredetails.cfm?NewsletterID=3020 Tue, 22 Jan 2008 11:19:49 -0500 Oil sands producer earned $2.08 per share in the fourth quarter. Analysts had been looking for $1.54. From financialpost.com. http://www.financialpost.com/story.html?id=255539 Tue, 22 Jan 2008 11:19:50 -0500 Toronto stocks follow world lead in huge sell-off while U.S. is on holiday. Blog by Jonathan Chevreau, published on National Post. http://network.nationalpost.com/np/blogs/wealthyboomer/archive/2008/01/21/global-stock-market-rout-babies-being-tossed-with-the-bath-water.aspx Mon, 21 Jan 2008 21:19:48 -0500 Price of crude drops despite OPEC resistance to production increases. From Associated Press, published on globeandmail.com http://www.theglobeandmail.com/servlet/story/RTGAM.20080121.woilprices0121/BNStory/energy/home Mon, 21 Jan 2008 21:21:38 -0500 Province to address “unintended consequences” after corporations and trusts slash spending by over $1 billion. From The Globe and Mail. http://www.theglobeandmail.com/servlet/story/RTGAM.20080120.wrroyalties0120/BNStory/energy/home Mon, 21 Jan 2008 21:29:49 -0500 Gold and potash shares have held up well in the face of the market correction. From The Globe and Mail. http://www.reportonbusiness.com/servlet/story/RTGAM.20080116.wrsector0116/BNStory/SpecialEvents2/home Fri, 18 Jan 2008 11:19:48 -0500 November results surprised analysts. From Reuters, published in The Star. http://www.thestar.com/Business/article/295327 Fri, 18 Jan 2008 10:59:18 -0500 Gold mining company expects three new start-ups to add 20% to 2008 production. Kinross is a Canada Report recommendation. From Reuters, published in Financial Post. http://www.financialpost.com/story.html?id=247146 Fri, 18 Jan 2008 1:57:28 -0500 New data shows strong 2007 results, with 2008 also looking good. From The Globe and Mail. http://www.reportonbusiness.com/servlet/story/RTGAM.20080117.wbuilding0117/BNStory/robNews/home Fri, 18 Jan 2008 1:09:18 -0500 Although some big U.S. banks like Citigroup are slashing payouts, the risk of dividend cuts in Canada appears to be small. From The Globe and Mail. http://www.globeinvestor.com/servlet/story/RTGAM.20080117.wrcarrick17/GIStory Fri, 18 Jan 2008 1:09:18 -0500 Many investors seem to believe the deal will fall through. If it doesn't, those who buy at current levels will make a quick capital gain. From The Star. http://www.thestar.com/Business/article/295010 Fri, 18 Jan 2008 1:09:18 -0500