Royal LePage is cutting its expectations for the growth in home prices this year after it says prices in the second quarter fell compared with the first three months of the year. The real estate brokerage says it now expects the aggregate price of a home in Canada in the …
Read More »RBC hikes dividend, posts profit gain as COVID-19 risks recede
Royal Bank of Canada RY-T reported higher second-quarter profit and raised its quarterly dividend as the bank sees risks related to the COVID-19 pandemic receding, which allowed it to claw back hundreds of millions of dollars in loan loss provisions. RBC is the fourth major bank to report earnings for …
Read More »Indigenous Canadians make a painful plea on eve of British royal visit
As Britain’s Prince Charles and his wife Camilla prepare to visit Canada this week, some members of the indigenous community are calling on the British royal family to formally acknowledge the harm colonization did to First Nations people. The royal couple will arrive in St. Johns, Newfoundland on Tuesday on …
Read More »Royal couple to begin three-day Canadian tour amid increasing skepticism of monarchy
Britain’s Prince Charles and Camilla, Duchess of Cornwall visit Canada House in London, on May 12.HANNAH MCKAY/The Associated Press Prince Charles and his wife, Camilla, are set to begin a three-day tour of Canada this week that will focus on Indigenous reconciliation and climate change – and on connecting with …
Read More »Royal Mail : Quality of Service Q3 2021-22
In the third quarter of the year leading up to 5 December 2021, Royal Mail delivered 93.8 per cent of Second Class mail within three working days. The Company delivered 76.8 per cent of First Class mail the next working day with 92.5 per cent delivered within two days. While …
Read More »Royal Caribbean, Norwegian Cruise cancel voyages amid Omicron COVID-19 variant scare
Royal Caribbean International’s cruise ship ‘Allure of the Seas’ enters its new home port in Fort Lauderdale on Nov. 11, 2010.Joe Skipper/Reuters Royal Caribbean and Norwegian Cruise Line on Wednesday canceled sailings amid rising fears of Omicron-related coronavirus infections that have dampened the nascent recovery of the pandemic-ravaged cruise industry. …
Read More »RBC hikes dividend 11%, plans share buyback as earnings fall short of expectations
Royal Bank of Canada’s quarterly profit of $3.9-billion was up 20 per cent year over year but down from the third quarterMark Blinch/Reuters Two major Canadian banks have reported higher fourth-quarter profits and large dividend hikes but still failed to meet Bay Street’s expectations, as narrowing profit margins and lower …
Read More »Canada’s annual inflation rate hits 4.4 per cent in September, highest since 2003
A woman fills her vehicle with fuel, in Toronto, on Oct. 19. Evan Buhler/The Canadian Press Canadian inflation surged in September at the fastest pace since 2003 due to higher gas and housing costs, adding fuel to a boisterous debate over how long prices will rise rapidly. The consumer price …
Read More »Lockdown professor ‘80% sure’ that Brits will be able to enjoy summer
15 March 2021, 10:07 | Updated: 15 March 2021, 10:12 Professor Ferguson has spoken about the prospect of a Great British Summer (stock images). Picture: Getty By Polly Foreman Professor Neil Ferguson has said that there is a 20 per cent chance new variants could obstruct plans for a lockdown-free …
Read More »Morning Update: Meng heads to court; Canada’s psychiatrist shortage; Harry addresses royal split
Good morning, These are the top stories: Meng Wanzhou’s extradition case gets under way today Story continues below advertisement (Jimmy Jeong/The Globe and Mail) Jimmy Jeong/The Globe and Mail It’s a case that upended Canada’s relations with China and led to what critics called hostage diplomacy through the jailing of …
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