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Bombardier's Global 7000 business jet makes first flight

Bombardier's Global 7000 business jet makes first flight
Written by Victoria Houde on 2016-11-05


The Bombardier Global 7000 business jet reached another milestone Friday as it took to the skies for the first time. The jet, which Bombardier says can travel 13,705 kilometres, took off from Downsview Airport in the Toronto area shortly after 10 a.m.The Global 7000 has four cabin zones and can seat up to 17 passengers. Its top speed is 982 kilometres per hour, or mach 0.925First deliveries...(Read More)

François Rochon: Focus on investing fundamentals, not the latest news

François Rochon: Focus on investing fundamentals, not the latest news
Written by Victoria Houde on 2016-11-01


Are you worried about the U.S. election? Do you fear Donald Trump being elected the next president of the strongest economy in the world? In my opinion, these are simply distractions for investors.People confuse their opinions with economic reality. If you were a U.S. resident, would you close your bank account if one candidate was elected versus the other? Would you stop buying coffee...(Read More)

Random Sampler: Recent real-estate transactions in Lachine, Dorval, Beaconsfield

Random Sampler: Recent real-estate transactions in Lachine, Dorval, Beaconsfield
Written by Victoria Houde on 2016-10-28


784 37th Ave., Lachine. -Lachine784 37th Ave., split-level, 3 bedrooms, 2½ bathrooms, all brick exterior, hardwood floors throughout, fenced backyard, new roof, renovated bathrooms. Built in 1960 on 5,111-square-foot lot. Taxes (municipal and school): $4,520. Valuation: $446,300. Asking price: $485,000. Sold for: $444,000. Listing agents: Frank Carnuccio, Robert Annecchini and...(Read More)

Bombardier cutting 7,500 jobs in second mass round of layoffs this year

Bombardier cutting 7,500 jobs in second mass round of layoffs this year
Written by Victoria Houde on 2016-10-24


The Bombardier CS 300 performs its demonstration flight during the Paris Air Show, at Le Bourget airport, north of Paris, Monday, June 15, 2015. Bombardier says it is cutting another 7,500 jobs around the world over the next two years, including about 2,000 across Canada. THE CANADIAN PRESS/AP, Francois MoriMONTREAL - Bombardier said Friday it plans to eliminate 7,500 positions — more than 10 per...(Read More)

Canadians not yet buying into idea of online grocery shopping as retailers try to change behaviour

Canadians not yet buying into idea of online grocery shopping as retailers try to change behaviour
Written by Victoria Houde on 2016-10-19


sales of groceries have spiked online in Europe and the practice of online food shopping is expected to become more mainstream in CanadaTORONTO  — Skeptics may believe online grocery shopping will never catch on in Canada, but that was said about many categories that eventually developed a steady and growing e-commerce presence.“People said nobody is going to buy footwear online, because people...(Read More)

When investing, it's important to understand how to assess risk

When investing, it's important to understand how to assess risk
Written by Victoria Houde on 2016-10-15


Most people understand how intelligent diversification across stock sectors can help reduce the risk within one’s portfolio. This article will focus on risk, how some elements of it are measured, and offer specific ideas that might help in identifying certain risks in your portfolio.Let’s start with a simple definition of risk. Risk is the possibility of losses...(Read More)

Molson Coors set to increase beer selection in Canada with Miller deal

Molson Coors set to increase beer selection in Canada with Miller deal
Written by Victoria Houde on 2016-10-11


MONTREAL - Molson Coors wants to offer Canadians a wider selection of imported beers after closing its US$12-billion acquisition of Miller brands that makes it the third-largest global brewer.Several craft and mainstream brands from the United States and Europe — including Leinenkugel, Miller High Life, Sharp's, Staropramen and Franciscan Well — could make their way onto store shelves next year,...(Read More)

Fed keeps key rate unchanged but hints of coming hike

Fed keeps key rate unchanged but hints of coming hike
Written by Victoria Houde on 2016-09-22


WASHINGTON - The Federal Reserve is keeping its key interest rate unchanged but signalling that it will likely raise rates before year's end.The Fed said in a statement ending its latest policy meeting Wednesday that the U.S. job market has continued to strengthen and economic activity has picked up. But it noted that business investment remains soft and inflation too low and that it wants to see...(Read More)

Software co.: We warned Tesla about hands-free Autopilot use

Software co.: We warned Tesla about hands-free Autopilot use
Written by Victoria Houde on 2016-09-18


FILE - In this Thursday, April 30, 2015, file photo, Elon Musk, CEO of Tesla Motors Inc., unveils the company's newest products, in Hawthorne, Calif. The company that made software that controls Tesla Motors' Autopilot system says it warned the automaker not to allow drivers to take their hands off the steering wheel while using the system but was ignored. Mobileye says its chairman warned Tesla...(Read More)





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