Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

PRESS DIGEST- Canada - Jan 21

Published 2020-01-21, 07:30 a/m
© Reuters.  PRESS DIGEST- Canada - Jan 21

Jan 21 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

** Online financial services provider Wealthsimple Inc has partnered with two major Canadian banks as it prepares to launch the first of three new banking products under development, a checking account service to be called Wealthsimple Cash. https://tgam.ca/2G6K3DP

** Canada's Starlight Investments hopes to raise up to $147 million through an initial public offering for a new fund, with plans to funnel money from Canadian investors into U.S. apartment properties and then substantially raise rents. https://tgam.ca/2RbYH2M

** The Canadian federal government can make longer-term mortgages more attractive to banks and their customers by loosening a stress test for borrowers if they choose terms of 10 years or longer, according to the C.D. Howe Institute. https://tgam.ca/37ejZTb

NATIONAL POST

** Canadian beef producers are optimistic that relief from trade restrictions offered to American farmers in the U.S.-China trade deal could be extended north of the border, clearing the path for more exports to the lucrative Asian market, according to Dennis Laycraft, executive vice-president of the Canadian Cattlemen's Association.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.