TORONTO Overseas investors looking to park their money in Canadian real estate could soon be donning headsets and touring upcoming condo developments in virtual reality, according to the founder of a Toronto-based technology firm.
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LOS ANGELES To say that the force is strong with this one is an understatement.
“Star Wars: The Force Awakens” brought in a galactic $238 million over the weekend, making it the biggest North American debut of all time according to studio estimates on Sunday.
CALGARY Experts see more good news than bad for Canada’s energy industry if the U.S. lifts its decades-old ban on oil exports.
The ban came into force when oil shortages were commonplace 40 years ago ‚Äî a stark contrast to today’s U.S. glut, thanks to fracking in shale formations in Texas and North Dakota.
CALGARY Shale gas producers in Western Canada are responding to plunging natural gas prices by slashing their 2016 budgets.
NuVista Energy Ltd. has cut its budget in half, while Encana Corp. and Painted Pony Petroleum Ltd. have cut their budgets by 25 per cent as natural gas prices sink to some of the lowest levels of the past decade.
TORONTO A new poll suggests that two-thirds of millennials are investing their money, but that most feel they don’t have adequate knowledge for the task.
The poll done for CIBC (TSX:CM) found 67 per cent of Canadians aged 18 to 34 reported have investments including stocks, GICs, bonds and mutual funds.
However, 82 per cent said they didn’t know enough about investing.
DETROIT Japanese brands dominate the insurance industry’s rankings of the safest vehicles for the 2016 model year.
The Insurance Institute for Highway Safety said Thursday that 48 vehicles earned its highest rating of “Top Safety Pick Plus.” That’s up from 33 a year ago.
NEW YORK The mobile payment wars are heating up.
Wal-Mart Stores Inc., the world’s largest retailer, said it’s testing its own mobile payment system that will allow shoppers to pay with any major credit or debit card or its own store gift card through its app at the cash register.
LONG BEACH, Calif. The last C-17 Globemaster III built at a Southern California Boeing plant soared into history on Sunday with a flyover that marked the end of an era for the region’s once-thriving aerospace industry.
NASHVILLE Germany’s largest trade union is opening a joint office with the United Auto Workers in Tennessee to promote labour issues at German automakers and suppliers in the southern United States.
MONTREAL Resolute Forest Products is stepping up efforts to counter dwindling demand for paper by accelerating its entry into the North American tissue business.