NOVA SCOTIA

Canada’s construction sector is poised to grow through 2033

Retrieved on: 
Thursday, March 28, 2024
Mactaquac Dam, Occupation, Employment, Government, Growth, Construction, Education, Engineering, Woman, Housing, Workforce, Retirement, Indigenous peoples, Ageing

Canada’s construction sector experienced a slight contraction in 2023, as growth in the non-residential sector was offset by a moderate decline in activity in the residential sector.

Key Points: 
  • Canada’s construction sector experienced a slight contraction in 2023, as growth in the non-residential sector was offset by a moderate decline in activity in the residential sector.
  • Despite this trend, the industry continues to perform at an elevated level, and is poised to grow through 2033.
  • Non-residential employment is projected to grow almost continuously across the forecast period, reaching a peak of 7% above 2023 levels by 2033.
  • The outlook for Saskatchewan’s construction sector is dominated by growth in the residential sector, which is projected to strengthen between 2025 and 2028 and remain elevated to 2033.

Mulvihill Canadian Bank Enhanced Yield ETF Announces Year End Results

Retrieved on: 
Wednesday, March 27, 2024
Scotiabank, National Bank of Canada, Acquisition, Toronto Stock Exchange, Toronto-Dominion Bank, Bank of Montreal, Commerce, TSX, CBNK, Royal Bank of Canada, National bank, Fund, Financial services

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- (TSX: CBNK) Mulvihill Canadian Bank Enhanced Yield ETF (the “Fund”) announces results of operations for the year ended December 31, 2023.

Key Points: 
  • TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- (TSX: CBNK) Mulvihill Canadian Bank Enhanced Yield ETF (the “Fund”) announces results of operations for the year ended December 31, 2023.
  • As at December 31, 2023, net assets attributable to holders of units were $75.71 million or $7.24 per unit.
  • The Fund is a mutual fund investment trust that seeks to provide unitholders with long-term capital appreciation through exposure to a portfolio consisting principally of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada and The Toronto-Dominion Bank (collectively, the “Banks”) and monthly cash distributions.
  • The Fund seeks to achieve a 7.0 percent yield, with additional capital growth potential beyond such yield target.

Reject anxiety, utilize TrendX wisely, and position yourself as smart money

Retrieved on: 
Tuesday, March 26, 2024
Bitcoin, Price action trading, Web3, ETH, Growth, Environment, KOL, AI, BTC, Retail

This article explores the strategic value of tools like TrendX, especially designed for these market conditions.

Key Points: 
  • This article explores the strategic value of tools like TrendX, especially designed for these market conditions.
  • TrendX excels in market analysis, tracking a vast array of projects, Twitter influencers, and smart money movements.
  • Harnessing Strategy Tools and AI:
    The integration of smart money tracking with sentiment analysis forms the backbone of TrendX’s AlphaSquare.
  • These strategies range from general investment approaches to more nuanced analyses combining smart money movements and KOL insights.

Brunswick Exploration Expands Its Exceptional Grassroot Portfolio Across Quebec, Canada and Greenland

Retrieved on: 
Tuesday, March 26, 2024
Mirage, Satellite imagery, Project, Atlantic Canada, LCT, Lithium, BRW, Rare-earth element

These new targets are located in areas that have seen minimal or no current lithium exploration in Quebec, Labrador and, for the first time, Greenland.

Key Points: 
  • These new targets are located in areas that have seen minimal or no current lithium exploration in Quebec, Labrador and, for the first time, Greenland.
  • Mr. Killian Charles, President and CEO of BRW, commented: “Over the last 24 months, we have built one of the strongest lithium grassroot exploration strategies globally.
  • Brunswick Exploration wishes to thank Xploration Services Greenland A/S for their assistance in the application.
  • The scientific and technical information related to Labrador and Greenland has been reviewed and approved by Mr. Charles Kodors, Manager Atlantic Canada.

Fraser Institute News Release: Size of government on the rise across Canada

Retrieved on: 
Tuesday, March 26, 2024
Bangladesh Technical Education Board, Fraser Institute, Government, Size, Public policy, Research, Policy, Private sector, Crowding, GDP

“The size of government increased in eight of ten provinces and the country as a whole over the last decade-and-a-half,” said Alex Whalen, associate director at the Fraser Institute and co-author of The Size of Government in Canada in 2022 .

Key Points: 
  • “The size of government increased in eight of ten provinces and the country as a whole over the last decade-and-a-half,” said Alex Whalen, associate director at the Fraser Institute and co-author of The Size of Government in Canada in 2022 .
  • The study measures federal, provincial, and local government spending in each province as a share of the economy (GDP) from 2007 to 2022, the most recent year of comparable data.
  • It finds that government size grew in every province except Prince Edward Island and Saskatchewan during that period.
  • Previous research has shown that the size of government (as a share of the economy) to maximize economic growth and social progress is between 26 and 30 per cent of the economy (GDP).

Cove Drinks Continues Rapid Expansion with National Debut in Costco Across U.S.

Retrieved on: 
Friday, April 5, 2024
Cream, Health, Root beer, Probiotic, MacLellan, Ice pop, Entrepreneurship, CPG, Farmer, Drink, Traction, Classic Cola, Growth, NS, Soft drink

Canada's #1 Functional Soda Brand Eyes Major U.S. Growth

Key Points: 
  • Canada's #1 Functional Soda Brand Eyes Major U.S. Growth
    HALIFAX, NS, April 5, 2024 /PRNewswire/ - Cove Drinks is pleased to announce the national debut of Cove Soda in 530 Costco warehouses across the U.S. starting April 1.
  • Cove Soda made its U.S. debut in February 2024 hitting shelves at 140 Fresh Market locations and will launch four varieties of 15-packs nationally across Costco stores beginning April 1.
  • Flavors include Classic Cola, Root Beer, Dr. Cove, Cream Soda, Orange, Grape, Lemon Lime, and Ice Pop.
  • For a full list of retailers who stock Cove Drinks and to learn more about the company, visit the Cove Drinks website .

Labour market tightness in Nova Scotia is expected to persist over the short term

Retrieved on: 
Monday, March 25, 2024
Occupation, Government, Growth, Construction, Indigenous peoples, Woman, Employment, Wind, Housing, Workforce, Disability, Engineering

BuildForce Canada released its 2024–2033 Construction and Maintenance Looking Forward report for Nova Scotia today.

Key Points: 
  • BuildForce Canada released its 2024–2033 Construction and Maintenance Looking Forward report for Nova Scotia today.
  • “The challenge for Nova Scotia’s construction sector will be matching labour force growth with anticipated employment demands in the short term.
  • Based on current trends, Nova Scotia is expected to see elevated levels of immigration over the forecast period.
  • While progress is ongoing, initial efforts are showing encouraging signs,” says Trent Soholt, Executive Director of the Nova Scotia Construction Sector Council.

2024 Vault Rankings: Kmind Tops“Best Consulting Firms in Asia-Pacific for Innovation”

Retrieved on: 
Wednesday, March 20, 2024
Bull, Organization, Growth, MIT, Harvard Business Publishing, USD, Bain & Company, Canada China Business Council, Management

Beijing, China, March 20, 2024 (GLOBE NEWSWIRE) -- Recently, Vault announced that Kmind Consulting was honored the first place in Vault Ranking’s“2024 Best Consulting Firms in Asia-Pacific for Innovation”,becoming the first Chinese consulting firm to top this list.

Key Points: 
  • Beijing, China, March 20, 2024 (GLOBE NEWSWIRE) -- Recently, Vault announced that Kmind Consulting was honored the first place in Vault Ranking’s“2024 Best Consulting Firms in Asia-Pacific for Innovation”,becoming the first Chinese consulting firm to top this list.
  • Alongside Bain & Company and Roland Berger, Kmind is the first and only Chinese consulting firm to be feautred in “Top Consulting Firms in Asia-Pacific”, coming in at No.7.
  • Since Kmind’s notable entry in the 2023 Vault rankings, Kmind has been rapidly gaining international acclaim.
  • In June 2023, Kmind became the first Chinese consulting firm to share its strategy insights at Harvard Club, Brown University and MIT.

Subdued Growth Across Canada in 2024

Retrieved on: 
Wednesday, March 20, 2024
Bank, Conference Board of Canada, Employment, Conference, The Conference Board, Growth, Unemployment, Research, CentrePort Canada, GDP, Bank of Canada, Workforce, Public sector, Aluminium, Snow, Population growth, Renewable energy

Canada’s real GDP growth is forecast to be just 0.6 per cent in 2024, followed by a stronger 2.3 per cent in 2025.

Key Points: 
  • Canada’s real GDP growth is forecast to be just 0.6 per cent in 2024, followed by a stronger 2.3 per cent in 2025.
  • The province’s GDP growth is anticipated to be a modest 0.6 per cent in 2024, followed by 2.3 per cent in 2025.
  • Quebec’s GDP growth is expected to be just 0.3 per cent in 2024 but will rise by 1.7 per cent in 2025.
  • New Brunswick’s economy is forecast to expand a mere 0.2 per cent in 2024 before rebounding to 1.7 per growth cent in 2025.

North American Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Monday, March 18, 2024
Bank of America, Bank, Citigroup, Scotiabank, JPMorgan Chase, National Bank of Canada, Bank of Montreal, Commerce, Manulife, Goldman Sachs, Sun Life Financial, Wells Fargo, Royal Bank of Canada, Great-West Lifeco, National bank, Toronto-Dominion Bank, Security (finance)

TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07917 for each Preferred share ($0.950 annually).

Key Points: 
  • TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07917 for each Preferred share ($0.950 annually).
  • Distributions are payable April 10, 2024 to shareholders on record as at March 28, 2024.
  • Since inception Class A shareholders have received a total of $16.27 per share and Preferred shareholders have received a total of $10.98 per share inclusive of this distribution, for a combined total of $27.25.
  • The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.