Featured Article

Canada’s Real Estate Market Is The Fastest Growing In The G7, And The Most Inflated

Posted by BetterDwelling

on Tuesday, 26 January 2021 8:44

Canadian real estate prices aren’t just fast growing by local standards. They’re growing fast by any standard. US Federal Reserve data shows real home prices advanced in most of the G7 in Q3 2020. Canada topped the list of advanced countries for annual price gains. This isn’t a new trend though. Canadian real estate prices have become such a focus of speculation, they’ve grown almost 3x faster than the second fastest growing G7 country.

Canadian Prices Are The Fastest Growing In The G7

Canadian real estate prices are still growing at a breakneck speed. Real prices increased 2.93% in Q3 2020, bringing them 8.27% higher than the same quarter a year before. The annual growth is now the biggest of the G7 countries. Since the beginning of the Great Recession, Canadian real estate prices have outperformed every G7 market… by a wide margin. CLICK for complete article

The World’s Top Car Manufacturers by Market Capitalization

Posted by Iman Ghosh

on Monday, 25 January 2021 9:03

Ever since Apple and other Big Tech companies hit a market capitalization of $1 trillion, many sectors are revving to follow suit—including the automotive industry.

But among those car brands racing to reach this total valuation, some are closer to the finish line than others. This visualization uses data from Yahoo Finance to rank the world’s top car manufacturers by market capitalization.

What could this spell for the future of the automotive industry?

The World’s Top Car Manufacturers

It’s clear one company is pulling far ahead of the pack. In the competition to clinch this coveted title, Tesla is the undoubted favorite so far.

The electric vehicle (EV) and clean energy company first became the world’s most valuable car manufacturer in June 2020, and shows no signs of slowing its trajectory. Tesla’s competitive advantage comes as a result of its dedicated emphasis on research and development (R&D). In fact, many of its rivals have admitted that Tesla’s electronics far surpass their own—a teardown revealed that its batteries and AI chips are roughly six years ahead of other industry giants such as Toyota and Volkswagen. CLICK to view infographic

AMC Entertainment Surges After Raising $917M In Fresh Capital, Avoids Bankruptcy

Posted by Jayson Derrick

on Monday, 25 January 2021 8:56

Shares of AMC Entertainment Holdings Inc surged higher by 35% Monday morning after the movie theater company said it has successfully raised nearly $1 billion in fresh capital since December.

What Happened: AMC said in a press release it raised or signed commitment letters to receive $917 million of new equity and debt capital. The capital infusion will allow the company to “make it through this dark coronavirus-impacted winter.”

AMC’s belief it has enough capital to operate through “deep into 2021” is also based on the assumption it will make progress in talks with theater landlords about the amounts and timing of lease payments, the company said. In addition, the company is assuming that a successful vaccination initiative against the novel coronavirus will act as a catalyst for theater attendance…CLICK for complete article

on Sunday, 24 January 2021 12:37

You won’t hear any of the politicians who are promising economic recovery tell you about this:

The World Bank ranks Canada 23rd (and falling) for ease of doing business. I can hear entrepreneurs saying “no kidding, Sherlock” while millions of Canadians are saying “what’s your point.” But sure, we care about the economy. How do I know? Our politicians who make business so tough to do, told me so.

on Saturday, 23 January 2021 12:42

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury.”
~ attributed to Scottish Academic, Alexander Fraser Tytler, 1786