Canadian economy tracking 3.4% second quarter annualized growth

The Canadian economy is on track for a stronger-than-expected rebound in the second quarter, as oil and gas led growth in May for a second consecutive month.

The Canadian economy is on track for a stronger-than-expected rebound in the second quarter, as oil and gas led growth in May for a second consecutive month.
Jakub Porzycki | Nurphoto | Getty Images Paramount Skydance has agreed to delay its proposed acquisition of Warner Bros. Discovery to as late as June 2027 — a multi-month delay that will ultimately raise the deal price — as the tie-up faces a legal challenge. Last week, a group of state attorneys general led by…
Billionaire hedge funder Bill Ackman has kicked off his $260 million play to establish a brain research institute on Manhattan’s Upper West Side. Pershing Square Foundation, the philanthropic arm of Ackman’s fund, dropped $188 million to acquire 125 West End Avenue, according to city documents filed Tuesday. The 400,000-square-foot life sciences building planned for the…
Winning an industry award is an achievement. The real question is what happens next. For many awards, recognition ends when the winners leave the stage. A trophy is presented, a winner’s list is published, and the event is over. The Finance Magnates Awards were created with a different goal. Rather than offering recognition for a…
An artificial intelligence-driven infrastructure technology company is relocating its offices to Midtown. Philadelphia-based Treeswift signed a four-year, 7,487-square-foot lease on the entire 11th floor of the Hakimian Organization’s 256 West 38th Street in an expansion of its New York City operations, according to landlord broker Lee & Associates NYC. Asking rent was $39 per square…
Lufthansa to resume flights to Riyadh and Amman from September
Mortgage rates could be climbing back above 7% shortly, as gains in the 10-year Treasury yield pushed one data point close to this level. Processing Content On Thursday morning, the 10-year Treasury yield, which earlier in the week had been flirting with the 4.6% mark, zoomed past this to break 4.7%. The story behind the…