Economy of Canada

Currency Exchange International Announces Financial Results for the Three-Month Period and Financial Year Ended October 31, 2019

Tuesday, January 28, 2020 - 11:41pm

The complete financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com.

Key Points: 
  • The complete financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com.
  • Randolph Pinna, CEO of the Company stated, 2019 was an eventful year for CXI.
  • Corporate and Operational Highlights for 2019:
    Banknote business segment: the wholesale banknote business continued to perform strongly, achieving 12% year-over-year growth.
  • Financial Highlights for the financial Year Ended October 31, 2019 compared to the Year Ended October 31, 2018:
    During the financial year ended October 31, 2019, transactional activity between the Company and its customers increased 8% to 1,210,000 transactions from 1,118,000 for the year ended October 31, 2018.

Allied Completes Acquisition of Major Class I Complex in Montréal

Tuesday, January 28, 2020 - 6:47pm

TORONTO, Jan. 28, 2020 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (TSX:AP.UN) announced today that it has completed the acquisition of a large and important Class I complex in Montral, 747 Square-Victoria Street.

Key Points: 
  • TORONTO, Jan. 28, 2020 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (TSX:AP.UN) announced today that it has completed the acquisition of a large and important Class I complex in Montral, 747 Square-Victoria Street.
  • The property is located in the heart of the International Quarter, a heritage- and amenity-rich area that connects the Downtown Core with Old Montral.
  • It will enhance Allieds ability to serve knowledge-based organizations in urban Montral as it evolves into a primary North American office market for TAMI (tech, advertising, media and information) users.
  • Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canadas major cities and (ii) network-dense urban data centres in Toronto that form Canadas hub for global connectivity.

REMINDER/Media Advisory: Bombardier and Centennial College to announce new milestones in long-term partnership

Tuesday, January 28, 2020 - 1:30pm

With over 68,000 employees, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains.

Key Points: 
  • With over 68,000 employees, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains.
  • Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.
  • In the fiscal year ended December 31, 2018, Bombardier posted revenues of $16.2 billion US.
  • News and information are available at bombardier.com or follow us on Twitter @Bombardier .

Gibson Energy Confirms 2019 Fourth Quarter and Year-End Earnings Release Date and Provides Conference Call & Webcast Details

Monday, January 27, 2020 - 9:01pm

CALGARY, Alberta, Jan. 27, 2020 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (Gibson or the Company), (TSX: GEI), announced today it expects to release its 2019 fourth quarter and year-end financial and operating results on Monday, February 24, 2020 after the close of North American markets.

Key Points: 
  • CALGARY, Alberta, Jan. 27, 2020 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (Gibson or the Company), (TSX: GEI), announced today it expects to release its 2019 fourth quarter and year-end financial and operating results on Monday, February 24, 2020 after the close of North American markets.
  • The 2019 fourth quarter and year-end management's discussion and analysis and audited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR at www.sedar.com.
  • A conference call and webcast will be held to discuss the 2019 fourth quarter and year-end financial and operating results at 7:00am Mountain Time (9:00am Eastern Time) on Tuesday, February 25, 2020.
  • The conference call dial-in numbers are:
    This call will also be broadcast live on the Internet and may be accessed directly at the following URL:
    The webcast will remain accessible for a 12-month period at the above URL.

CIBC recognized by Carbon Disclosure Project for Actions on Climate Change

Monday, January 27, 2020 - 5:55pm

This score ranks CIBC above the global financial services average in CDP's most recent rankings.

Key Points: 
  • This score ranks CIBC above the global financial services average in CDP's most recent rankings.
  • CIBC also recently released a report entitled "Building a Sustainable Future", our first climate-related disclosure report aligned with the Task Force on Climate-Related Financial Disclosures.
  • "Together with our team, our clients, and all of our stakeholders, CIBC is committed to creating a more sustainable future," added Mr. Picov.
  • CIBC is a leading Canadian-based global financial institution with 10 million personal banking, business, public sector and institutional clients.

First-Time Millennial Homebuyers Optimistic About Housing Market, Overwhelmed by Process, Finds TD Bank Survey

Monday, January 27, 2020 - 2:00pm

Although millennial buyers believe it's a good time to buy, many feel priced out of the market.

Key Points: 
  • Although millennial buyers believe it's a good time to buy, many feel priced out of the market.
  • In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth, and vehicle financing and dealer commercial services through TD Auto Finance.
  • TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America.
  • The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD".

Calian Launches New Custom Mobile Wireless Product

Monday, January 27, 2020 - 3:30pm

OTTAWA, Jan. 27, 2020 (GLOBE NEWSWIRE) -- Calian Group Ltd. (TSX:CGY) has commenced deliveries of a new custom telecommunications product for a Tier 1 North American mobile operator.

Key Points: 
  • OTTAWA, Jan. 27, 2020 (GLOBE NEWSWIRE) -- Calian Group Ltd. (TSX:CGY) has commenced deliveries of a new custom telecommunications product for a Tier 1 North American mobile operator.
  • The product comes as a result of research and development efforts undertaken by Calians Advanced Technologies segment over the past 16 months.
  • The product enables the customer to maximize its use of existing spectrum assets and supports ongoing development and upgrade of its mobile network.
  • This innovative product is further evidence of our capability to solve complex customer problems using our deep knowledge base in leading-edge, mixed-signal analog-digital product designs, said Patrick Thera, VP, Advanced Technologies, Calian.

Excellence Meets Innovation: Four Seasons to Debut New Hotels, Resorts, Private Residences and More in 2020

Monday, January 27, 2020 - 2:01pm

Also scheduled for 2020 is the highly anticipated opening of Four Seasons resort in Napa Valley , including a unique collection of Private Residences as well as Four Seasons first on-property winery in partnership with acclaimed winemaker Thomas Rivers Brown.

Key Points: 
  • Also scheduled for 2020 is the highly anticipated opening of Four Seasons resort in Napa Valley , including a unique collection of Private Residences as well as Four Seasons first on-property winery in partnership with acclaimed winemaker Thomas Rivers Brown.
  • The company also previously announced new Four Seasons projects in Dalian, China; Makkah, Saudi Arabia; Hanoi, Vietnam; and Caye Chapel , Belize.
  • The company's global portfolio is on track to exceed 7,000 homes, affirming Four Seasons as the world leader in luxury property management services.
  • In 2020, Four Seasons anticipates to open 9 new Private Residences including three standalone private residences in San Francisco , Los Angeles and Marrakech .

Stelco Announces Alan Kestenbaum to Become Chief Executive Officer

Monday, January 27, 2020 - 1:30pm

HAMILTON, ON, Jan. 27, 2020 /CNW/ - Stelco Holdings Inc. ("Stelco" or the "Company") (TSX: STLC) today announced that Alan Kestenbaum, will return as the Company's Chief Executive Officer, effective February 21, 2020, at which point David Cheney will be stepping down and returning to Bedrock Industries.

Key Points: 
  • HAMILTON, ON, Jan. 27, 2020 /CNW/ - Stelco Holdings Inc. ("Stelco" or the "Company") (TSX: STLC) today announced that Alan Kestenbaum, will return as the Company's Chief Executive Officer, effective February 21, 2020, at which point David Cheney will be stepping down and returning to Bedrock Industries.
  • Mr. Kestenbaum previously served as Stelco's Chief Executive Officer from the closing of Stelco's Initial Public Offering to February 2019 and is currently acting as Stelco's Executive Chairman.
  • Mr. Kestenbaum noted "I am excited to be returning soon to the CEO role to continue leading the Company through its next phase of growth".
  • Stelco is a low cost, integrated and independent steelmaker with one of the newest and most technologically advanced integrated steelmaking facilities in North America.

Media Advisory: Bombardier and Centennial College to announce new milestones in long-term partnership

Monday, January 27, 2020 - 3:20pm

With over 68,000 employees, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains.

Key Points: 
  • With over 68,000 employees, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains.
  • Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.
  • In the fiscal year ended December 31, 2018, Bombardier posted revenues of $16.2 billion US.
  • News and information are available at bombardier.com or follow us on Twitter @Bombardier .