First National Reports 43% Surge in Funded Mortgages Amid Deferred Revenue Concerns

First National Financial is making headlines after revealing some exciting news about its funding of residential mortgages. The company announced a remarkable 43% jump in net income for the last quarter of 2024, with a total of $63 million, and this news is turning heads in the finance world. But there’s a little twist: while

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Larry Ellison’s Oracle to Invest $5 Billion in Cloud Infrastructure in the UK

In a significant move for both technology and international investment, Oracle Corporation, a leading US technology firm co-founded by billionaire Larry Ellison, has announced plans to invest a whopping $5 billion in cloud infrastructure in the United Kingdom over the next five years. This ambitious project aims to enhance the company’s data center capabilities and

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Hudson’s Bay Liquidation Sales: What You Need to Know as Stores Prepare to Shut Down

The Hudson’s Bay Company is gearing up for a significant change that could impact shoppers across Canada. Amid ongoing financial struggles, Hudson’s Bay has announced plans for liquidation sales at many of its stores. This news comes amidst comparisons to Sears, a once-dominant retailer that faced a similar fate. What’s Happening? Hudson’s Bay, a staple

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Dow Jones Industrial Average Climbs 0.8% Amid Positive Investor Sentiment and Earnings Reports

The stock market was buzzing with excitement on Thursday as the Dow Jones Industrial Average soared by 350 points, which is a big jump of 0.8%. This increases the index’s momentum, with investors showing confidence despite a quiet day for economic news. With some companies announcing strong earnings reports, it seems that many are feeling

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Lee Shau Kee’s $233 Million Property Purchase Sparks Interest in Hong Kong’s Real Estate Market

In a stunning move that has captured the attention of the real estate world, Hong Kong tycoon Lee Shau Kee has purchased a luxurious property in the Peak area for approximately $233 million USD. This bold acquisition happened during a public auction organized by Jones Lang LaSalle, which recently took place. Major Purchase in the

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OECD Warns of Economic Slowdown as Trade Tariffs Hit Canada and the U.S.

The Organisation for Economic Co-operation and Development (OECD) has just released a new report with some concerning news for the global economy. The organization has lowered its growth projections for the next few years, highlighting how trade tariffs are affecting not just the United States, but also our neighbors, Canada and Mexico. With increased barriers

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Hudson’s Bay Faces Possible Liquidation as Financial Woes Deepen

In a shocking turn of events, Hudson’s Bay, a beloved Canadian department store chain, has filed for creditor protection on March 14, 2025. This significant move has raised concerns not just for the company but for its employees and the many communities reliant on the retail giant. As Hudson’s Bay wrestles with nearly $1 billion

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Amazon Quebec Delivery Operations Shut Down: 1,900 Jobs at Risk

In a major move that has taken many by surprise, Amazon has announced it will be shutting down all its delivery operations in Quebec. This decision affects seven major sites throughout the province. The closure poses significant challenges for approximately 1,900 employees, including seasonal workers, who now face potential job loss. Closure of Seven Amazon

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