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Oil falls near six-year low as U.S., OPEC keep pumping amid glut

Oil dropped amid speculation that demand may slip as economies slow, and Iran said OPEC production may climb to a record.

Samsung's new phones fall flat, shares sink to 10-month low

Canada’s recovery, like its recession, will be mild: Survey

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Larry Berman: How to generate better returns in a low-growth world

Canadian students will give up beer to be debt-free

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Top Picks from Ryan Bushell: AutoCanada, TD Bank and Freehold Royalties

Top Picks from Ryan Bushell, Vice President and Portfolio Manager at Leon Frazer & Associates.

Citigroup to pay $180-million to settle charges of defrauding fund investors

Two units of Citigroup will pay nearly $180-million to settle financial crisis-era charges alleging they defrauded investors in two hedge funds by telling them the funds were safe, low-risk investments, U.S. regulators said Monday.

Larry Berman: How to generate better returns in a low-growth world

A little over two years ago Larry Berman introduced the “sleep-at-night” portfolio and showed BNN viewers his approach to delivering better risk-adjusted returns.

Canadian students will give up beer to be debt-free

There's plenty of worry, and several students voiced their frustrations on Twitter.

Beer war brewing in Canada as large rivals fend off push by SABMiller

A beer war is brewing in Canada as SABMiller seeks to grow its presence following its divorce from partner Molson Coors.

Safeway recalls chicken wings sold in 5 provinces

The affected products were sold in Safeway locations in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario. The recalled wings include any sold up until and including Aug. 14, 2015.

Brookfield Infrastructure buys Asciano in $8.8B deal

Brookfield Infrastructure Group, backed by Canada’s largest alternative asset manager, agreed to buy Asciano Ltd. in a deal that values the Australian rail and port operator at A$12 billion ($8.8 billion) including debt.

Barrick exits co-president structure, hands reins to Dushnisky

Barrick Gold Corp. said Co-President Kelvin Dushnisky will take over as president as the world’s largest gold producer restructures management to boost efficiencies.

Japan economy shrinks in second quarter

Japan's economy shrank at an annualized pace of 1.6 percent in April-June as exports slumped and consumers cut back spending, adding pressure on Prime Minister Shinzo Abe to step up his policy drive to lift the economy out of decades of deflation.

Toronto Union Station's Bay concourse closes, commuters urged to use York instead

For the first time on Monday and for the next two years, rush hour commuters will have to navigate Toronto’s Union Station without the use of one of its two commuter rail passenger halls.

Trican Well Service sells unit, tries to stave off bankruptcy

Trican Well Service Ltd. fell to the lowest in 15 years after saying there’s a risk it won’t emerge from the oil slump, even following a $140 million deal to sell its Russian unit that brings the company closer to an agreement with lenders.

NDP leader Mulcair sees 'serious danger' in Canada's housing market

Federal NDP leader Thomas Mulcair said historically low mortgage rates are fueling mortgage growth, but stopped short of saying whether a New Democrat government would further tighten the market.

Baytex, Torc next to cut dividends: Avenue Investment

DIVIDEND WATCH: With staff and spending continuing to fall to leaner levels across the energy sector, Portfolio Manager Paul Gardner expects more mid-cap producers who have long held onto their payouts to capitulate under the pressure of cheap oil.

Morgan Stanley has four reasons to buy energy stocks

The energy sector has been hammered as oil prices hover near multiyear lows, but Morgan Stanley is pretty darn bullish.

Crescent Point CEO defends dividend cut

CEO Scott Saxberg says a lot has changed since he told investors that Crescent Point’s dividend was here to say.

NEW

Oil falls near six-year low as U.S., OPEC keep pumping amid glut

Oil dropped amid speculation that demand may slip as economies slow, and Iran said OPEC production may climb to a record.

Larry Berman: How to generate better returns in a low-growth world

A little over two years ago Larry Berman introduced the “sleep-at-night” portfolio and showed BNN viewers his approach to delivering better risk-adjusted returns.

Crude oil joins beer and whisky in the 30-loonie club in Alberta

You can buy a lot for 30 loonies in Alberta. A case of Molson beer. A bottle of Alberta Premium whisky. And now a barrel of heavy crude.

Your Pension Plan: CPP posts flat returns as global stocks, bonds drop

Canada Pension Plan Investment Board said its returns on investments were flat during the three months through June in what was the busiest quarter on record for deals involving the country’s largest pension plan.

New technology helps oil companies fight low prices by squeezing more out of existing wells

General Electric, Chevron Corp. and Los Alamos National Laboratory have partnered to develop the Safire Flow Meter, one of the most advanced ways for oil companies to get more production from their existing fields.

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NDP leader Mulcair sees 'serious danger' in Canada's housing market

Federal NDP leader Thomas Mulcair said historically low mortgage rates are fueling mortgage growth, but stopped short of saying whether a New Democrat government would further tighten the market.

Tories attempt to woo first time home buyers

Canada’s household finances seem to have caught the attention of the major parties running in the upcoming Federal election.

Analysts concerned by Canada's housing drop despite high listings

Canada’s housing market took a breather in July, as sales slipped from June and listings rose slightly across the country.

Toronto housing market faces high risk of correction: CMHC

Toronto’s housing market faces a high risk of a correction as soaring home prices this year have outstripped income growth even as the city is facing a rising supply of new condos, Canada’s federal housing agency warned Thursday.

‘Scary’ rate environment fuelling housing boom, homebuilder warns

The red-hot housing market and Canada’s “scary” interest-rate environment are raising some red flags for one of the country’s largest homebuilders, Mattamy Homes.

Harper promises to boost RRSP withdrawal limit for first-time home buyers

The federal Conservatives are pledging to track foreign ownership in the housing market and also boost the amount Canadians can withdraw from their RRSPs to buy their first home.

July housing starts slip from June: CMHC

Canadian housing starts fell more than expected in July from June but were broadly in line with demographic fundamentals and analysts said housing remained a bright spot in Canada's otherwise sluggish economy.

True North is getting a bad deal in Northern Property acquisition: National Bank

While analyst chatter on Monday’s conference call initially suggested Northern Property may have committed to overpaying, Matt Kornack, a real estate research analyst at National Bank says True North shareholders are the real losers.

5 reasons you shouldn't buy a cottage

Ted Rechstaffen, President and Wealth Advisor, TriDelta Financial says from a return on investment perspective, a cottage is just not worth it.

Toronto home sales soar, but detached home prices slips below $1M

The average selling price of a detached home in Toronto has slipped below $1 million for the first time since January 2015.

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