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Home Capital has also held discussions with major Canadian banks on refinancing an existing credit line by the Canadian Pension Fund. In Vancouver, they grew percent over the same period to 1. Although house price growth has slowed in the past six weeks, the risk of an accident is low, Hibben said.
Fitch seemed to reflect that view, although volatile home prices and historically large debt tended to fix Toronto and Vancouver, and the housing system is unlikely to follow the U. Non-primary resources in Canada account for 10 percent of the volume, compared to the pre-crisis high of 50 percent in the U. This has become an important player in the last few years as federal mortgage regulations have made it harder for these borrowers to work with banks, which now require improved credit scores and higher rates.
Despite working with risky borrowers, Home Capital has less debt than traditional lenders. The average indebtedness of Canadian creditors was 0. The total amount of mortgage debt in the country is 1. Consumers with dollar-denominated debt do not repay home loans, even if the debt is at a record level. They were helped by low mortgage rates — less than 2 percent — and the fastest-growing economy among the Group of Seven countries. Board directors said in a conference call on Thursday that the search was progressing well and that a new CEO would be announced in July.
The company also needs to get depositors back in order to put money into a savings account that will repay mortgage loans, said Stephen Boland, an analyst at GMP Securities LP. The question arises: will it give them back? Sign in. Log into your account. Forgot your password? Password recovery. Recover your password. Money Canadian Institute for Health Information: 1 in 4 Canadians self-report cannabis use or heavy drinking lovebylife - February 11, 0.
Money Goldman, other financial firms add China staff, eyeing growth lovebylife - February 11, 0. Money SB Corp. Money African swine fever outbreak confirmed in Masbate lovebylife - February 11, 0. Toronto Police searching for victim after shooting in North York lovebylife - February 11, 0. Toronto police are searching for people involved Ontario Impeachment: Trump trial video shows vast scope, danger of Capitol riot lovebylife - February 11, 0.
Ontario Impeachment: Police beg for help, U. Mandaloria actor Gina Karano has been confirmed not to work at LucasFilm after posting anti-Semitic material on social media. Karano, who Morgan Wallen shared a video today of his use of racial cruelty in a video earlier this month that led Tied through 40 minutes, Toronto pushed ahead at of the third when Holl was given all day to load up and rip a slapshot by Price's glove with the teams playing 4 on 4.
The goal was the winger's first since Dec. The Canadiens opened the scoring 76 seconds into the first on a sequence started and finished by Anderson. The big winger dislodged the puck from Muzzin with a hit in the neutral zone before taking a pass from Jonathan Drouin and beating Andersen off the rush to score his ninth and pull even with Tyler Toffoli for the team lead. The Leafs, who weren't good through 40 minutes Monday against Vancouver before coming alive to secure a victory, again took a while to get going, but started to find their legs as the period wore on.
Tavares, who had a great chance early in the second, was left bloodied and forced into concussion protocol later in the period when the Toronto captain's face slammed off the ice after getting tied up with Canadiens counterpart Shea Weber. With Tavares back and playing inspired hockey, Toronto got even when Dermott, who returned to the lineup following a two-game absence because of a charley horse, wired his first beyond Price's blocker at with the teams also playing 4 on 4 after the Leafs hemmed the Canadiens in their zone.
Asked if he knew Dermott, who scored his first goal in days, and Holl had those shots in their tool belts, Keefe flashed a grin. The episode series will tell the story of the Targaryen civil war that took place about years before the events portrayed in Game of Thrones. Joe Biden had his first call as president with Xi Jinping, pressing the Chinese leader about trade and Beijing's crackdown on democracy activists in Hong Kong as well as other human rights concerns. The two leaders spoke Wednesday just hours after Biden announced plans for a Pentagon task force to review U.
To protect the health and safety of our workforce and local communities, the Company has implemented enhanced outbreak protocols which include restrictions on travel to and from the Brucejack Mine Camp until site wide testing and an assessment by BC Northern Health can be completed. Currently, the Company is managing 14 cases of COVID among employees and contractors at the Brucejack Mine, this includes those previously announced 9 cases see news release dated February 7, All are in isolation, remain in good health and have exhibited limited symptoms.
The Company has also become aware of employees and contractors who are currently off site and have contracted the virus. In partnership with local health authority, BC Northern Health, contact tracing was undertaken to determine the potential for additional exposures.
Close contacts, identified through the tracing process, have been notified and moved into isolation. The Company has established COVID management plans and implemented enhanced protocols and preventative measures to mitigate the spread of COVID and protect the well-being of its employees, contractors, their families, local communities and other stakeholders. Pretivm continues to follow the stringent COVID infection prevention guidance and directives of federal, provincial and regional authorities in respect of general and mine site-specific protocols and is working in close partnership with its medical service provider and BC Northern Health.
Securities Act of , as amended. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be forward-looking information. This list is not exhaustive of the factors that may affect any of our forward-looking information. Although we have attempted to identify important factors that could cause actual results, actions, events, conditions, performance or achievements to differ materially from those contained in forward-looking information, there may be other factors that cause results, actions, events, conditions, performance or achievements to differ from those anticipated, estimated or intended.
Our forward-looking information is based on the assumptions, beliefs, expectations and opinions of management on the date the statements are made, many of which may be difficult to predict and beyond our control. Although we believe that the assumptions inherent in forward-looking information are reasonable as of the date of this news release, these assumptions are subject to significant business, social, economic, political, regulatory, competitive and other risks and uncertainties, contingencies and other factors that could cause actual actions, events, conditions, results, performance or achievements to be materially different from those projected in the forward-looking information.
The Company cautions that the foregoing list of assumptions is not exhaustive. Other events or circumstances could cause actual results to differ materially from those estimated or projected and expressed in, or implied by, the forward-looking information contained in this news release. Additional information about the risks and uncertainties concerning forward-looking information and material factors or assumptions on which such forward-looking information is based is provided in our other disclosure documents as filed in Canada on SEDAR at www.
Forward-looking information is not a guarantee of future performance. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Forward-looking information involves statements about the future and is inherently uncertain, and our actual achievements or other future events or conditions may differ materially from those reflected in the forward-looking information due to a variety of risks, uncertainties and other factors, including, without limitation, those referred to in this news release and the Pretivm Disclosure Documents.
For the reasons set forth above, readers should not place undue reliance on forward-looking information. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable law. They had seen much of the video of the insurrection before, but not like this — on screens near their desks, screams and anguish echoing across the chamber, with Democratic prosecutors explaining in detail how close they came to danger on Jan.
If any senators were tempted to avoid images of the violence at the Capitol, or bury memories of fleeing the violent mob of Donald Trump's supporters, they were not able to do so any longer. Lisa Murkowski of Alaska, recalling how she felt when she evacuated with her colleagues.
The new evidence presented Wednesday included Capitol security videos that showed Republican Sen. Romney said he was brought to tears. His anguished screams filled the quiet, cavernous chamber as if he were right there in the room. Senators were silent afterward, some sitting quietly and alone, as if to process it all. Susan Collins, describing the atmosphere. It is unclear if the Democrats' presentation will change any votes, as Trump is still expected to be acquitted in the end.
But senators were clearly rattled by what they saw. Utah Sen. Mike Lee moved his chair so he was fully facing the screen, furiously scribbling notes. Others opted to just listen as the angry screams of the rioters reverberated around the chamber. Democrats said they were sad and frustrated by it all. Chris Coons of Delaware as he stepped outside for a break after the presentation. Many Republicans did watch it, but made clear their stance. Florida Sen. Chuck Grassley as he left the chamber.
One senator appeared to not watch at all. Republican Sen. But most watched it all. The searing images once again claimed center stage: a mob storming the U. Capitol, Trump flags held aloft as violent rioters fought with police and targeted lawmakers. Jamie Raskin, D-Md. As she presented harrowing footage of the siege, Del.
Stacey Plaskett, a Democrat representing the U. Interspersed throughout were slides of Trump's tweets contesting the election and promoting the Jan. Joaquin Castro, D-Texas, another one of the prosecutors. Madeleine Dean, D-Pa. Dozens of legal challenges to the election put forth by Trump and his allies were dismissed. Their presentation included chilling video of the rioters rampaging into the building and audio of distressed police officers who tried in vain to keep them out.
The presentation also showed the perilous moments when lawmakers and others, including Senate Majority Leader Chuck Schumer and Pence, were rushed to safety; body cam footage of an officer being beaten; the sounds of crunching, breaking glass; profane screams and violent threats; and cries as the rioters streamed into the building, some carrying riot shields and weapons. Babbitt, being shot to death by U. Capitol Police. Also never before seen: Footage of Capitol Police officer Eugene Goodman, who has already been hailed as a hero, warning Sen.
Mitt Romney, R-Utah, that the mob was headed his way. Romney turned and dashed in the other direction. That is patriotism," said Plaskett, whose presentation included previously unseen footage of Pence and his family being evacuated from the Senate chamber as rioters spread through the Capitol. At one point, Plaskett said, the rioters were within feet of where Pence was sheltering with his family.
Many Republicans had been appalled by Trump's treatment of his most loyal soldier during his final days in office. And the focus appeared to be a tacit acknowledgement of the Democrats' intended audience as they try to convince Senate Republicans — many of whom are close with Pence — that Trump deservers to be punished for what happened. Both Castor and Schoen said they had spoken to Trump on Tuesday, but Castor denied that the former president had expressed displeasure to him.
Lindsey Graham, D-S. I will never forget that sound. Eric Swalwell, D-Calif. Ted Lieu, D-Calif. And some of them appeared indifferent to the proceedings and unmoved by the evidence Wednesday. Missouri Sen. Josh Hawley, who led the Senate challenge to the election along with Texas Sen. Wisconsin Sen. It was a notable contrast with Democrats like Maryland Sen. Celltrion Group today announced that CT-P59, an anti-COVID monoclonal antibody treatment candidate, has confirmed neutralising potency against emerging virus mutations and that the company has initiated development of a neutralising antibody cocktail treatment with CT-P Our everyday activities break emotionally, psychologically and financially, creating added discomfort, tension and pressure.
The Nuggets opened a point lead in the first half, saw it increase to 34 in the third — notoriously a problem quarter for them this season — and coasted from there as Nikola Jokic and his fellow starters got the fourth quarter off. Jokic finished with 12 points and 12 assists. It was the fifth straight loss for the Cavaliers. It's also tied for their most lopsided loss of the season.
They were beaten on Jan. Bickerstaff said. They sent a clear message. Their intent was to embarrass us and they did it. Cleveland swept the season series with Denver last season. Denver's season-high points meant a lot of eating for injured Cleveland forward Larry Nance Jr. Nance, sidelined with a broken left hand and not with the team, had 12 boxes of piece McNuggets all lined up on the counter, complete with sides of BBQ sauce.
Nance later posted an image of waving a white flag in a sign of surrender. The Nuggets turned up the defensive pressure, holding Cleveland to The Cavs missed their opening 11 3-point attempts before finally connecting. They finished 8 of 38 from long range. Before the game, the Nuggets had a heart-to-heart conversation in an effort to break out of their funk. The Cavs outrebounded Denver by a margin. Nuggets: Rookie Zeke Nnaji scored all 14 of his points in the fourth quarter, including four 3-pointers and a dunk that drew a technical for his celebration.
G Facundo Campazzo had five points in his return.
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The group acquired the business last year from Prudential Financial , but did not retain the rights to the Prudential name, which are taken back as existing franchise agreements expire. Buffett told CNBC this month that he remains bullish on the US economy, which he expects to continue "inching ahead" even as global growth slows.
The billionaire investor said Berkshire's businesses have already begun to see a pick-up in demand related to improvements in the residential property market, and as a consequence he expects them to hire about 8, people in response this year. The latest deal comes as Berkshire, a conglomerate with more than 70 different businesses, has positioned itself for a recovery in U. HomeServices is the second largest full service residential brokerage firm in the US, the company said.
Acquired with the MidAmerican utility company in , it has been built by buying up real estate brokerages around the country. Buffett's optimism has also begun to be backed up by economic indicators. Board member Antonio Gracias meanwhile sold , Tesla shares, leaving him with a direct holding of 2, However, he replaced these with new long positions via long-dated call options, also known as Long-term Equity Anticipation Securities, better known as LEAPs.
He also indirectly owns 1. Gracias is the founder and head of Valor Equity Partners. Updates with transactions by board member Antonio Gracias. For more articles like this, please visit us at bloomberg. The change to the tax code could allow millions of working families to save thousands on their taxes, but only if they are savvy about how they file this year.
Investors have been fixated on growth companies over the past year, and one segment which has been on the rise is the fledgling cannabis industry. The sector offers a unique proposition and the prospect of further growth, as there is still a major catalyst on the horizon which will completely alter the industry. As expected, a Democrat led senate has been good news for those banking on marijuana reform at the federal level; And it looks like the anticipated changes could happen faster than initially expected.
The statement feeds expectations that the Democratic Congressional majority will pass — and that President Biden will sign — a bill to legalize marijuana. Investors are also looking at further state-level legalization moves; one key state in this regard is New York. So, the cannabis industry is looking up. There is an expanding network of state legalization regimes, and expectations of a change in federal policy; both are putting upward pressure on cannabis shares.
Both have posted impressive year-to-date performances, and stand to rise even more in the year ahead. The company started out as a farmer, producing high-quality greenhouse vegetables year-round for sale in the North American market.
That background fit the company well for a transition to the cannabis industry — Village Farms has experience in greenhouse production and industrial-scale growing. Two important pieces of news precipitated the surge since the end of January. The move increases the international reach of Village Farms, and its ability to increase Altum holdings in the future.
The company was able to fund these moves because it had a successful equity sale in January, putting an additional In addition to its strong capital and expansion positions, Village Farms has been reporting solid financial results. VFF has historically been undervalued compared to less profitable peers, but we expect shares to continue working higher … as the prospect for US reform increases throughout the year.
The company is involved in both the medical and recreational sides of the market, and both grows and produces cannabis and markets a range of products through numerous brand names. Growth has been fueled by expansion of the cultivation operations in California and Pennsylvania, and by the move into the adult-use recreational market in New Jersey.
Last month, TerrAscend closed a non-brokered private placement stock sale, putting more than 18 million common shares on the market. We have been bullish on the company since initiating coverage last year and are happy to say the TRSSF team has exceeded our expectations, generating rapid increases in margins and operating leverage that have earned them a place solidly in the Top Tier of MSOs," Des Lauriers noted.
Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. Sun founded blockchain business Tron in and has since expanded into other decentralization technologies and platforms such as BitTorrent Inc.
Sun said he advised Buffett to buy Bitcoin and Tesla when he dined with him last year. DLive, the live-streaming platform that was bought by BitTorrent late last year, has also come under scrutiny from American lawmakers for its role in broadcasting the U. Capitol riots. Sun declined to comment on the controversies. Retirement account owners have long had trouble translating the money in their k into income.
For all the attention given to the argument that the stock market is in a bubble, it is important to point out that not everyone shares that view. In a monthly webinar, Wood made the argument against stocks being in a bubble. But large companies have been investing in Tesla for many years. The company also invested. Photo courtesy of Tesla. Benzinga does not provide investment advice. All rights reserved. Bloomberg -- Apple Inc. The secret project has gained momentum in recent months, adding multiple former Tesla Inc.
The initiative, known as Project Titan inside Apple, is attracting intense interest because of its potential to upend the automotive industry and supply chains, much like the iPhone did to the smartphone market. The following companies -- whose representatives declined to comment -- are possible candidates:FoxconnFoxconn Technology Group already has a close relationship with Apple. For well over a decade, it has been the U. It also plans to release a solid-state battery by MagnaMagna, based in Ontario, Canada, is the third-largest auto supplier in the world by sales, and has a contract-manufacturing operation with years of experience making entire car models for a variety of auto brands.
Magna produces everything from chassis and car seats to sensors and software for driver-assistance features. Magna also pitches its engineering and manufacturing services to EV startups. Last fall, it agreed to provide Fisker Inc. Hyundai or KiaHyundai Motor Co.
Hyundai and Kia both have plants in the U. While the two sell EVs derived from existing models, they will start selling vehicles based on the dedicated EV platform from March, helping to bring down costs and improve performance efficiency. They plan to introduce a combined 23 new EV models and sell 1 million units globally by